China smashed its crude oil imports record in May as manufacturing activity picked up and lockdowns eased. Amid recovering demand for gasoline and diesel, China’s total demand is nearly back Continue Reading
China’s province of Shandong – home to most of the country’s independent refiners – plans to shut down as much as 500,000 bpd refining capacity at the so-called teapots as Continue Reading
Chinese companies are putting off plans for U.S. listings as tensions between the world’s top two economies rise, lawyers, bankers, accountants and regulators involved in what has been a major Continue Reading
Fuel cell vehicles that use hydrogen and emit only water have long been a goal of green-energy advocates. They have potential advantages over battery-powered cars, including quicker refueling and longer Continue Reading
The OECD forecast that the pandemic will cause a global economic slump of 6% this year, based on a scenario of the virus continuing to recede. A second wave, which the Continue Reading
As the number of new coronavirus cases continues to increase worldwide, and more than a dozen states and Puerto Rico are recording their highest averages of new cases since the pandemic Continue Reading
The Coronavirus pandemic is devastating global demand for commodities such as oil and gas. China’s GDP fell by 6.8 percent during the first quarter, which is the first contraction since Continue Reading
China’s crude oil imports in May jumped to the highest in history ever, at 11.34 million bpd, customs data showed , confirming an earlier report by analytics firm OilX, which Continue Reading
The renewable power unit of Japan’s biggest utility plans to spend more than 2 trillion yen ($18 billion) over the next 10 years to boost its green generation by as Continue Reading
An apparent surge in traffic outside Wuhan hospitals from August 2019 may suggest the coronavirus hit the area earlier than reported, a study says. Harvard researchers say satellite images show Continue Reading
