Chinese And Saudi Oil Giants Book Mammoth Losses
The first two quarters of the current year have been brutal to U.S. oil and gas companies. According to Refintiv data , the energy sector has recorded the lowest Q2 Continue Reading
Scientists see downsides to top COVID-19 vaccines from Russia, China
High-profile COVID-19 vaccines developed in Russia and China share a potential shortcoming: They are based on a common cold virus that many people have been exposed to, potentially limiting their Continue Reading
Survey: China manufacturing logs feeble growth in August
China’s manufacturing activity held steady in August as domestic demand helped to offset weaker orders from exports markets that are struggling with the coronavirus pandemic, a survey showed Monday. The Continue Reading
JAPAN DATA: July crude imports tumble to lowest for month in 53 years amid pandemic
Japan’s crude oil imports during the peak summer demand season in July tumbled to their lowest level for the month in more than five decades, a stern reminder to major Continue Reading
China Sees Record-Breaking Electricity Consumption In August
China’s electricity consumption hit a record this month after rising steadily since the start of summer, the People’s Daily reported , noting that the trend suggested a robust recovery in Continue Reading
Europe coronavirus cases rise again, with fewer deaths
Coronavirus cases are surging again in Europe after months of relative calm, but the second wave looks different from the first: Fewer people are dying, and the newest and mostly Continue Reading
India Stops Oil Purchases From China
Indian refiners have stopped buying crude oil from Chinese sellers, according to a Reuters report that cited unnamed sources. The move, according to the report, comes as a result of Continue Reading
Chinese Data Shows Beijing Continues Iranian Oil Imports
Official Chinese data showed this week that China imported 120,000 barrels per day (bpd) of oil from Iran in July as Beijing returns to reporting crude imports from the Islamic Continue Reading
China is Heating Up Faster Than The Global Average, Data Shows
China has seen faster temperature increases and rising sea levels than the global average rate over the past few decades, and experienced more frequent extreme weather events, according to official Continue Reading
China Looks To Dive Into The American EV Market
A brand new electric car is preparing to hit the U.S. and it’s either going to take EVs by storm because it’s super cheap, or it’s going to meet the Continue Reading