Chinese officials are drawing up plans to further loosen birth restrictions and transition toward policies that explicitly encourage childbirth, according to people familiar with the matter, reflecting increased urgency in Continue Reading
The Chinese government said on Wednesday that “about five” of the uranium fuel rods inside a nuclear power plant in southeastern China had been damaged, but added that no radiation had leaked Continue Reading
Highlights State-owned refineries contribute to rise High throughput is sustainable Crude output up 3.5% on year to 4.03 mil b/d China’s crude throughput in May rose 4.4% year on year Continue Reading
China is reshaping global shipping fuel markets by taking advantage of its booming maritime trade and massive refining capacity to undercut rivals from Singapore to South Korea and become the Continue Reading
High-sulfur fuel oil markets are getting a boost as Chinese private refiners hunt for more straight-run fuel oil to use as a feedstock, and a sweltering summer in the Middle Continue Reading
For a fresh perspective on the stories that matter for Australian business and politics, sign up for our weekly newsletter . Robeco Institutional Asset Management BV will soon start pressuring Continue Reading
The U.S. is entering a new phase of the Covid-19 pandemic as people settle back into normal life thanks to vaccines, but public-health authorities are preparing for Americans to live Continue Reading
The European Union agreed to open the door to American tourists for the first time since the coronavirus pandemic began, giving a boost to the continent’s crucial tourism industry and Continue Reading
North Korean leader Kim Jong Un warned about possible food shortages and urged the country to brace for extended COVID-19 restrictions as he opened a major political conference to discuss Continue Reading
Japan, a country heavily dependent on fossil fuel imports, is betting big on hydrogen in industry, power generation, vehicles, and shipping as it looks to reach net-zero emissions by 2050. Continue Reading
It was strong demand for gasoline in China that drove the country’s crude oil demand higher, Bloomberg has reported , citing estimates from CNPC and Sinopec along with analysts. Gasoline Continue Reading
Beijing says the safety of its nuclear power plant in southern China is “guaranteed,” following alarming reports about a fission gas leak in recent weeks. Zhao Lijian, a spokesperson for Continue Reading
Environment ministry says no radiation increases outside plant Says some fuel rods damaged but still within safety parameters Says reports of change in detection standards are “erroneous” BEIJING, June 16 Continue Reading
A nuclear power plant in southeastern China could turn into an “imminent radiological threat,” the part owner of the facility, a French company, has told the United States, CNN reported Continue Reading
A nuclear reactor and related factilities as part of the Taishan Nuclear Power Plant, to be operated by China Guangdong Nuclear Power (CGN), is seen under construction in Taishan, Guangdong Continue Reading
A Chinese-backed coal-fired power plant in Bangladesh that’s been the site of deadly crackdowns on protests has now been accused of failing to ensure proper environmental inspections. The Environmental Impact Assessment Continue Reading
Russia’s capital has ordered workers to remain at home this week and reopened several makeshift coronavirus hospitals after cases of Covid-19 surged to the highest levels this year. The additional vacation Continue Reading
Japan built the world’s third-largest economy on an industrial base powered by imported oil, gas and coal. Now, it is planning to shift a big chunk of that power to hydrogen, in Continue Reading
Germany has recorded its lowest number of new daily coronavirus infections in nearly nine months, and officials are floating the possibility of loosening mask-wearing rules. The Robert Koch Institute, the Continue Reading
China will stop subsidizing new solar farm projects, distributed solar projects for commercial users, and onshore wind farms as soon as this year, Reuters reported, citing the central planning authority Continue Reading
The news media call it “freedom day,” the fast approaching moment when England’s remaining coronavirus restrictions are scheduled to be cast off at last, allowing pubs to fill to capacity, Continue Reading
More people have died from Covid-19 already this year than in all of 2020, according to official counts, highlighting how the global pandemic is far from over even as vaccines beat Continue Reading
China will this year overtake Japan as the world’s largest importer of liquefied natural gas, ICIS Edge, a service of market intelligence provider ICIS, said this week, as quoted by Continue Reading
China’s embarked on a record corn-buying spree this year and some vessels have been delayed for as long as a month outside southern ports because of congestion, incurring hefty demurrage Continue Reading
Probe set to reduce PetroChina Fuel Oil’s imports Five refineries facing cuts to import quota volumes Consumption tax to slash bitumen blend imports Crude oil imports by China’s independent refineries Continue Reading
Highlights IEA report lacks differentiated approach between developed and developing countries Rapid phasing out of fossil fuels could destabilize energy supply, power grids Changing consumer habits, market mechanisms key to Continue Reading
China’s top economic planners have put the brakes on attempts by environmental officials to reduce carbon emissions as driving growth takes priority over meeting climate targets for now, according to Continue Reading
Samsung Heavy Industries (SHI) is making a full-scale effort to develop offshore nuclear power plant technology. SHI has signed a Molten-Salt Reactor (MSR) development and joint research agreement with the Continue Reading
Chinese authorities have ordered a unit of state-run PetroChina to stop trading off crude oil import quotas with local refineries as part of a crackdown on excessive fuel production, a Continue Reading
For the second time in six months, Chinese provinces are rationing electricity as the nation’s grids struggle to manage a surge in demand. This time, it’s partly because residents are Continue Reading
China is considering imposing a cap on the price of thermal coal as it struggles to contain high energy costs ahead of peak demand over the summer, Bloomberg reported on Continue Reading
China’s state-controlled energy giant Sinopec aims to set up plants that can make 500,000 tonnes of hydrogen a year from renewable energy sources by 2025, a company executive said at Continue Reading
China’s efforts to control raw materials costs could include price limits on its runaway coal market, underscoring the government’s tough stance on taming inflation. Beijing is considering imposing a cap on Continue Reading
Surging costs of imported commodities drove China’s factory-gate inflation to its highest level since 2008, raising the odds that exporters will begin passing on higher prices and boost inflationary pressures Continue Reading
The price of goods leaving China’s factories has risen at its fastest pace since the financial crisis, piling pressure on policymakers as they grapple with the effects of a global Continue Reading
Crude oil imports into China dropped by almost 15 percent annually last month. While substantial, the drop is no reason for worry because it was caused by refinery maintenance season. Continue Reading
Top power producers set peak emissions goals by 2025 or earlier No signs of accelerated coal plant closures, ETS has limited impact Coal remains critical to alleviate peak demand power Continue Reading
China’s crude imports slumped 14.6% on the year to a five-month low of 9.69 million b/d in May amid destocking activities, showed preliminary data released June 7 by the General Continue Reading
Four refineries take cargoes for Jun/Jul delivery Around 80 mil mt quota available for Jun-Dec Using fuel oil lifts cost by $31/mt China’s independent refineries rushed to shop at least Continue Reading
Feedstock imports for China’s independent refineries rose by 1.8% month on month to 3.71 million b/d, or 15.7 million mt in May, as the refiners stockpiled bitumen blend ahead of Continue Reading
Did it all start right here? Ever since President Joe Biden ordered U.S. intelligence agencies to investigate reports that the Covid-19 virus might have escaped from a laboratory in Wuhan, Continue Reading
China’s imports grew at their fastest pace in 10 years in May, fuelled by surging demand for raw materials, although export growth slowed more than expected amid disruptions caused by Continue Reading
Health teams have been carrying out surge testing in Dewsbury, as well as other towns where the Indian variant is spreading The number of people infected with coronavirus in the Continue Reading
Hibiscus Petroleum Bhd. is set to take over Repsol’s operations in Malaysia and Vietnam as the Spanish company sells its exploration and production assets in a move away from Malaysia Continue Reading
The European Union, Canada and other developed countries have signed deals to get hundreds of millions of doses of Covid-19 vaccines and boosters over the next two years, furthering a Continue Reading
Electric cars giant Tesla (NASDAQ: TSLA) said it expects to soon begin buying more than $1 billion a year of Australian lithium, nickel and other critical minerals for its batteries Continue Reading
Japan has notoriously been dependent on energy imports, being the world’s fifth-largest crude importer and second-largest LNG importer (having lost the top position to China last year). Its self-sufficiency ratio Continue Reading
China’s state planner on Thursday warned provincial and regional governments against missing their energy consumption and efficiency targets for 2021 after two-thirds of them fell short of at least some Continue Reading
The World Health Organization’s representative in Vietnam said the coronavirus mutation first detected there does not meet the global health body’s definition of a new variant, although it is still Continue Reading
While the world is not yet back to pre-pandemic travel levels and there is still ongoing disruption to ground transportation and air traffic, the world now consumes more than 95 Continue Reading
