China’s Clean Air Campaign Is Bringing Down Global Pollution
China has reduced air pollution nearly as much in seven years as the US did in three decades, helping to bring down average global smog levels in the process. The Continue Reading
China Sets New Deep Sea Energy Exploration Records
China claims to have set two world records in deep-sea energy exploration this weekend. The country has been working hard to ensure its energy security by developing its own oil Continue Reading
CHINA DATA: Shandong independent refiners’ throughput rebounds to 4-month high in May
Feedstock consumption at Shandong’s independent refineries rebounded to a four-month high of 8.18 million mt, or 1.93 million b/d, in May amid restarts from maintenances, with the level expected to Continue Reading
Lawmakers Make Bipartisan Push for New Government Powers to Block U.S. Investments in China
The measure is part of broader legislation to bolster U.S. competitiveness with China. Congress is pressing ahead with legislation that could rewrite the rules for American companies investing abroad, proposing Continue Reading
Saudis Cut Oil To China While Meeting Most Asian Requests
Saudi Arabia will provide some Chinese buyers with less crude than they asked for next month, while fulfilling requests from many other customers in Asia after OPEC+ pledged to speed Continue Reading
India, China growing markets for shunned Russian oil
India and other Asian nations are becoming an increasingly vital source of oil revenues for Moscow despite strong pressure from the U.S. not to increase their purchases, as the European Continue Reading
Australians Face Threats of Blackouts as Power Crisis Worsens
Outages at coal-fired power plants, coupled with a cold-weather snap, have caused supply problems. Residents in Australia’s Queensland state faced the risk of blackouts on Monday night as the nation’s Continue Reading
In ‘miracle’ city Shenzhen, fears for China’s economic future
David Fong made his way from a poor village in central China to the southern boomtown of Shenzhen as a young man in 1997. Over the next 25 years he Continue Reading
Beijing warns of ‘explosive’ COVID outbreak, Shanghai conducts mass testing
China’s capital Beijing is experiencing an “explosive” COVID-19 outbreak connected to a bar, a government spokesman said on Saturday, as the commercial hub, Shanghai,conducted mass testing to contain a jump Continue Reading
Saudi Arabia Cuts Oil Volumes To China For July
Saudi Arabia will ship lower-than-nominated crude oil volumes to some of its Chinese buyers next month. Many buyers in Asia have asked for more Saudi crude oil for July. This Continue Reading