Lackluster consumption, property investment to weigh on manufacturing Steel demand from vehicle, home appliance showed no improvement Passenger car output to rise in 2022, but growth limited China’s manufacturing purchasing Continue Reading
As cases of a new coronavirus variant are confirmed around the world, Japan announced Monday that it will suspend entry of all foreign visitors, joining an increasing number of countries Continue Reading
Highlights Sinopec raises utilization rate despite maintenance Independents’ run rates boosted by good margins December run rates likely stable In line with market expectations, the average utilization rate at China’s Continue Reading
China could face more than 630,000 COVID-19 infections a day if it dropped its zero-tolerance policies by lifting travel curbs, according to a study by Peking University mathematicians. In the Continue Reading
The identification of a new, highly-mutated variant of the coronavirus virus in southern Africa this week highlights the risk to global public health posed by large, unvaccinated populations in the developing world, Continue Reading
China’s increasingly extreme Covid Zero policies are standing in the way of a full recovery for the shipping industry and prolonging a crisis that’s snarled ports and emptied shelves worldwide. Continue Reading
Merck & Co (MRK.N) said on Friday updated data from its study of its experimental COVID-19 pill showed the drug was significantly less effective in cutting hospitalizations and deaths than Continue Reading
A total of 61 people who arrived in the Netherlands on two flights from South Africa on Friday tested positive for the coronavirus and were in isolation on Saturday as Continue Reading
China’s energy crisis won’t derail plans to make progress on curbing greenhouse gas emissions in the next few years, according to a top researcher involved in drafting proposals. The 2025 Continue Reading
A new data protection law is changing the calculus for doing business in China, with foreign and domestic firms scrambling to comply, and some companies including LinkedIn and Yahoo choosing to Continue Reading
Asia has seen a run in natural gas supplies, and prices are simply not easing up. Asia’s problem with natural gas supplies may not be limited to this winter alone. Continue Reading
An employee of Tokyo Electric Power Co. (TEPCO) looks up at a tank reserved for storing treated water at the tsunami-crippled Fukushima Daiichi nuclear power plant in Okuma town, Fukushima Continue Reading
tSpectrum Health, a major health-care system here, officials spent part of last week debating whether to move to “red status” in a show of how strained hospitals had become. A Continue Reading
A new variant of the coronavirus that causes Covid-19 — called B.1.1.529 — has been identified in South Africa, with officials there saying it’s highly concerning. Fears that a new Continue Reading
Britain said on Friday that a newly identified coronavirus variant spreading in South Africa was considered by scientists to be the most significant one yet found and so it needed Continue Reading
European Union nations were moving to stop air travel from southern Africa on Friday, seeking to counter the spread of a new COVID-19 variant as the 27-nation bloc battles a Continue Reading
As countries across Europe reimpose lockdowns in response to surging COVID-19 cases and deaths, the UK – long one of Europe’s hardest-hit countries — carries on with a policy of Continue Reading
New coronavirus infections in South Korea exceeded 4,000 in a day for the first time since the start of the pandemic as a delta-driven spread continues to rattle the country Continue Reading
China’s Foreign Ministry: volume of SPR release will be according to China’s needs Foreign Ministry declined to comment on whether the release was a coordinated effort with the U.S. The Continue Reading
Japanese refiners are dusting off unused supply chains for fuel oil and getting coastal vessels and storage tanks ready after receiving requests from electric utilities to supply more fuel oil Continue Reading
Carbon dioxide emissions in China have fallen for the first time since last year’s lockdown, the latest signal the property sector downturn and energy shortages have hit industrial demand in Continue Reading
Germany’s grim milestone; EU’s vaccine validity travel limit. The European Union will recommend a 9-month time limit for the validity of Covid-19 vaccinations for travel into the bloc and also Continue Reading
WATCH: Woodside CEO O’Neill discusses the company’s partnership with BHP on a LNG project, limiting emissions from the project and the market for LNG. A $12 billion liquefied natural gas Continue Reading
Japan will release a few hundred thousand kilolitres of oil from its national reserve, but the timing of the sale has not been made, the country’s industry minister, Koichi Hagiuda, Continue Reading
Japanese officials are working on ways to get around restrictions on releasing national reserves of crude oil in tandem with other major economies to dampen prices, four government sources with Continue Reading
Saudi Arabia held its position as the biggest supplier of crude oil to China for an 11th month in a row in October, with volumes up 19.5% from a year Continue Reading
China’s daily coal output has stabilized at 12 million tonnes, amid a raft of measures to ramp up power production, the country’s state planner said on Sunday. Beijing has been Continue Reading
Japanese officials are working on ways to get around restrictions on releasing national reserves of crude oil in tandem with other major economies to dampen prices, four government sources with Continue Reading
China’s pipeline natural gas imports declined to 3.21 million mt in October, down 17.2% from the record high of 3.87 million mt in September, according to data released Nov. 21 Continue Reading
A month ago, new coronavirus cases in the United States were ticking steadily downward and the worst of a miserable summer surge fueled by the Delta variant appeared to be Continue Reading
Lawyers for the Conservation Council of Western Australia have sent letters to Woodside Petroleum (WPL.AX) and the country’s energy minister seeking to delay, if not stop, the company’s Scarborough natural Continue Reading
Japanese Prime Minister Fumio Kishida said on Saturday his government is considering releasing oil from its reserves in response to rising crude oil prices, Kyodo news agency reported. It would Continue Reading
China had given 76.3% of its population complete COVID-19 vaccine doses by Nov. 19, Wu Liangyou, an official at the National Health Commission (NHC) said on Saturday. A total of Continue Reading
Governments from some of the world’s biggest economies said on Thursday they were looking into releasing oil from their strategic reserves, following a rare request from the United States for Continue Reading
Chile is planning to build a 15,000 km subsea cable for a cost of more than $2 billion to send solar energy to China This project would solve one of Continue Reading
Factory-gate prices in South Korea rose at the fastest pace since 2008 last month, fueling inflation concerns and adding to reasons for the central bank to raise interest rates next Continue Reading
A surge in cases in the Upper Midwest has some Michigan schools keeping students at home ahead of Thanksgiving and the military sending medical teams to Minnesota to relieve hospital Continue Reading
Japan unveiled a record $490 billion spending package on Friday to cushion the economic blow from the COVID-19 pandemic, bucking a global trend towards withdrawing crisis-mode stimulus measures and adding Continue Reading
The market is currently left guessing on the size and timing of a possible Chinese strategic petroleum reserve release. Thursday’s news that China is carrying out crude oil release preparations Continue Reading
The Biden administration has asked some of the world’s largest oil consuming nations – including China , India and Japan – to consider releasing crude stockpiles in a coordinated effort Continue Reading
China has moved in recent weeks to squash the surge in coal prices with government intervention Chinese Vice-Premier Han Zheng: The crisis is easing, and the government efforts to secure Continue Reading
During a virtual meeting this week, U.S. President Biden has asked his Chinese counterpart to release more crude oil from its reserves China released gasoline and diesel from its reserves Continue Reading
China’s crude imports fell to 39-month low, reflecting stock draws, weak refinery demand and a likely delay in the reporting of discharged cargoes over the National Day holidays. Deliveries to Continue Reading
Volume rises by just 0.5% on year in Oct China produced 168.4 Bcm of natural gas over Jan-Oct Possibility of winter gas shortages: NDRC China produced 16.5 Bcm of natural Continue Reading
Chinese officials reported Monday that their coal production surged to its highest level in years, the same day that officials in India’s capital readied a shutdown due to air pollution, Continue Reading
Chinese coal production in October rose to the highest level since March 2015 as the energy crisis in the world’s second-largest economy prompted authorities to seek to increase coal supply Continue Reading
As temperatures drop and coronavirus infections spike across Europe, some countries are introducing increasingly targeted restrictions against the unvaccinated who are driving another wave of contagion and putting economic recoveries, Continue Reading
China is battling the spread of its biggest COVID-19 outbreak caused by the Delta variant, according to numbers announced on Monday, with travellers from a city where infections have grown Continue Reading
Japan’s economy contracted much faster than expected in the third quarter as global supply disruptions hit exports and business spending plans and fresh COVID-19 cases soured the consumer mood. While Continue Reading
China’s Retail Sales, Industrial Output Beat Estimates China’s economy performed better than expected in October as retail sales climbed and energy shortages eased, though a slump in property and rising Continue Reading
