China’s manufacturing activity contracted in September, ending an 18-month expansion that powered the country’s recovery from the pandemic, with power curbs in hubs threatening further disruption. China’s manufacturing purchasing managers Continue Reading
As the United States and Europe ramped up their Covid-19 vaccination programs, the Asia-Pacific region, once lauded for its pandemic response, struggled to get them off the ground. Now, many of those laggards Continue Reading
In a widening energy crisis, China is expanding power use restrictions to at least 20 regions and provinces that contribute more than half to the Chinese economy, adding a bearish Continue Reading
The United States announced last week that it would soon open its doors to foreign travelers vaccinated against the coronavirus, loosening restrictions for broad swaths of global visitors for the first Continue Reading
China’s power supply crunch , that has shut factories across the country, may pose a much bigger threat to the economy than the debt crisis at Evergrande Group (3333.HK) , Continue Reading
Asian, European coal prices are trading near an all-time high China, the world’s top coal consumer, is in dire need of more supply and is willing to pay any price Continue Reading
China’s top economic planner said on Wednesday that railway companies and local authorities should strengthen coal transportation in key areas including the northeast region and ensure stable supply for power Continue Reading
With coronavirus vaccines being administered worldwide, scientists are preparing a new weapon against the disease that has claimed more than 4-5m lives: an effective antiviral medication to treat the worst Continue Reading
China lambasted a World Trade Organization (WTO) ruling in a row with the United States over Washington’s measures to limit the import of solar panel cells, calling it “erroneous and Continue Reading
Government efforts to curb energy consumption and reduce carbon emissions, along with surging coal prices, are leading to power outages across many of China’s manufacturing hubs, threatening to further disrupt Continue Reading
– Northeast China’s Shenyang, capital of Liaoning Province has been through a sudden and unexpected power curb – Chinese thermal coal futures have more than doubled in price in the Continue Reading
France’s TotalEnergies (TTEF.PA) said on Tuesday it has signed an agreement with China Three Gorges Corporation to establish a joint venture in electric mobility in China. The venture will develop Continue Reading
As a severe power crunch roils China’s northeastern industrial heartland, senior officials face mounting pressure from alarmed citizens to ramp up coal imports thick and fast in order to keep Continue Reading
Highlights Cracker, PDH plants mull output cuts, hikes amid impact on margins Coal shortage further constrains operations in coal-olefin sector Bigger producers can gain — if they manage energy costs Continue Reading
The World Health Organization is reviving its stalled investigation into the origins of the Covid-19 virus as agency officials warn that time is running out to determine how the pandemic that has Continue Reading
The writing is on the wall for the fossil fuels industry. For decades, climate scientists and environmental activists have been urging the world to move away from dirty and finite Continue Reading
Highlights Populous eastern Japan forecast for below average temperatures Dec-Feb Japan’s demand for gas, power fuels, heating oil robust last winter Refiners preparing for kerosene heating demand The winter weather Continue Reading
Power shortages across at least 10 Chinese provinces risk weighing on the country’s gross domestic product as factories crucial to the global supply chain were forced to cut production, investment Continue Reading
Getty Images image captionIt is unclear how many homes have been affected Residents in north-east China are experiencing unannounced power cuts, as an electricity shortage which initially hit factories spreads Continue Reading
China’s National Energy Administration (NEA) has told coal and natural gas companies to increase their output to ensure the country has sufficient energy supplies to keep homes warm during winter, Continue Reading
COVAX assigned early Pfizer shots to vaccination leaders UK, UAE Dose-sharing methodology doesn’t check states’ vaccine coverage Vaccine alliance Gavi is proposing changes – internal document UK was among few Continue Reading
Major Chinese coal producers are trying to resolve supply shortages and curb price rises as the country’s winter consumption peak approaches, an industry association said. The China Coal Transportation and Continue Reading
China’s move to clean up its heavy-polluting industrial sector has triggered a swift collapse in iron ore prices for the first time since July 2020. Prices last Friday and Monday Continue Reading
Power rationing and forced cuts to factory production in China are widening amid electricity supply issues and a push to enforce environmental regulations. The curbs have expanded to more than Continue Reading
Roiled by widening power curbs that have disrupted industrial operations, Chinese commodity producers and manufacturers may finally be getting some relief. Beijing’s top economic planner, the National Development and Reform Continue Reading
Highlights Pipeline imports at record high, Russian imports to rise LNG importers seek safety via strip tenders Focus on gas supply security during Winter Olympics China, the world’s largest natural Continue Reading
Chinese authorities are asking local governments to prepare for the potential downfall of China Evergrande Group, EGRNF -11.25% according to officials familiar with the discussions, signaling a reluctance to bail out the debt-saddled property developer while Continue Reading
The world’s largest independent oil trading house, Vitol Group, has formed a $250-million partnership with Chinese electric vehicle maker BYD to provide EV fleet mobility services in select markets worldwide, Continue Reading
Default fears have continued to stalk the China Evergrande Group despite efforts by its chairman to lift confidence in the embattled firm. The Evergrande Group, one of China’s biggest real-estate Continue Reading
China’s energy industry is caught between a rock and a hard place. As the world’s second-largest economy has surged back to life in the wake of the novel coronavirus pandemic, Continue Reading
China’s pledge to stop building coal-fired power plants overseas could cull $50 billion of investment as it slashes future carbon emissions, analysts said, although Beijing’s own domestic coal programme is Continue Reading
Top state refiners Sinopec Corp, PetroChina and leading private chemical giants like Hengli Petrochemical (600346.SS) and Zhejiang Petrochemical Corp are set to join the country’s first state oil reserve auction Continue Reading
Chinese President Xi Jinping on Tuesday said Beijing would stop building coal-fired power plants abroad, in a public commitment to redirect the country’s huge engineering industry away from adding to Continue Reading
Europe is being ravaged by an unprecedented energy crisis, and it may already be spreading. Asia, the world’s biggest buyer of gas and coal, may be next, with China particularly Continue Reading
China’s natural gas consumption is growing faster than any other country in the Asia-Pacific (APAC), a Russian gas CEO said on Friday, according to TASS . Gazprom’s CEO Alexey Miller Continue Reading
China is estimated to have sent around 760,000 barrels per day (bpd) of crude oil to its strategic and commercial reserves in August, as refinery throughput in the world’s top Continue Reading
Trucks carrying liquefied natural gas (LNG) are seen at Sinopec’s LNG terminal in Tianjin, China October 22, 2018. Picture taken October 22, 2018.REUTERS/Stringer SINGAPORE, Sept 17 (Reuters) – China’s oil Continue Reading
International investors that have been piling into China in recent years are now bracing for one of its great falls as the troubles of over-indebted property giant China Evergrande come Continue Reading
Australia’s Environment Minister Sussan Ley on Thursday approved an expansion of a Whitehaven Coal (WHC.AX) mine – a decision which comes despite a historic court ruling that she had an Continue Reading
China’s first crude oil reserve auction could have an outsized impact on market sentiment, signaling the top oil importer remains committed to reining in inflation by controlling commodity prices, analysts Continue Reading
Beijing’s pressure on the real-estate sector is being felt far beyond China Evergrande Group, raising questions about how much economic pain China’s leaders are willing to stomach as they rein in yet another Continue Reading
China will toughen punishments for regions that fail to meet targets aimed at controlling energy use, the state planning agency said in new policy guidelines published on Thursday. China has Continue Reading
China’s first crude oil reserve auction could have an outsized impact on market sentiment, signaling the top oil importer remains committed to reining in inflation by controlling commodity prices, analysts Continue Reading
Johns Hopkins’ Hansoti Booster shots are in the spotlight, as a highly anticipated study in Israel showed a third Pfizer Inc. dose can dramatically reduce rates of virus-related illness in Continue Reading
China is staring down another winter of power shortages that threaten to upend its economic recovery as a global energy supply crunch sends the price of fuels skyrocketing. The world’s Continue Reading
For a long time, China’s energy policy has centered around one primary and pressing goal: to establish energy security. As the biggest importer and second-biggest consumer of oil in the Continue Reading
China’s crude oil throughput continued to fall in August, with daily runs hitting the lowest since May 2020, as a resurgence in coronavirus cases and a drastic cut in fuel Continue Reading
China’s economy weakened further last month after government measures to contain the virus curbed consumer spending. Singapore said the treatment plan for most people with breakthrough infections will be home Continue Reading
China’s first auction of oil from its strategic reserves looks relatively paltry, but the possibility of further releases is still likely to exert a powerful influence on global crude prices. Continue Reading
Nearly three-quarters of residents of countries with some of the world’s most advanced economies worry that climate change will one day create suffering in their own lives, according to a Continue Reading
