Russia’s largest oil producer, state-controlled Rosneft, said on Thursday in response to a media report that it does not ship petroleum products to North Korea and does not do any Continue Reading
Papua New Guinea is demanding a greater share of the country’s resource wealth, stepping up its battle with companies including Exxon Mobil Corp. and Barrick Gold Corp. Prime Minister James Continue Reading
China is planning a sweeping set of new government policies to develop its domestic semiconductor industry and counter Trump administration restrictions, conferring the same kind of priority on the effort Continue Reading
Indonesia posted a record number of new coronavirus cases on Thursday, since hitting an all-time high less than a week ago. There were 3,622 fresh cases reported over the past Continue Reading
Crude and bitumen blend imports in August for China’s independent refineries fell 9.9% to 17.85 million mt, or 4.22 million b/d, from a record high in July, and the downtrend Continue Reading
China’s record haul of crude is poised to end as state-issued allowances for imports dwindle. (Bloomberg) — China’s record haul of crude is poised to end as state-issued allowances for Continue Reading
China’s aviation regulator said on Wednesday it will resume direct flights to Beijing from eight countries including Thailand, Cambodia, Greece, Denmark, Sweden and Canada from Sept. 3. In March, Chinese Continue Reading
South Korea is on track to restart operations at eight nuclear power plants, that were shut for maintenance, and start a newly built plant over the next two months, in Continue Reading
Following last week’s price rally, oil prices move higher on Monday morning, on bullish demand figures coming from China. Additionally, U.S. dollar weakness contributed to last week’s price rally. Traders Continue Reading
The blow from Covid-19 has put Chinese gross domestic product on track to grow just 2% in 2020, based on Bloomberg Economics’ projections — this is strong by global comparison, but the Continue Reading
