Electric-vehicle makers and suppliers rallied on Tuesday after a string of positive news for the industry, with Chinese companies clocking in the biggest gains. U.S.-traded shares of Nio Inc. and Continue Reading
A prolonged shutdown at global meat supplier JBS SA could hit China the hardest as the country is the world’s biggest beef buyer and accounts for almost a third of Continue Reading
China’s runaway economic recovery has been so successful that it has caused power shortages across dozens of its manufacturing and industrial hubs in the south of the country. Factories across cities Continue Reading
China’s independent refineries — actively looking for fuel oil to feed their distillation units — are struggling to secure adequate feedstock barrels for the coming months due to tight regional Continue Reading
In the United States, life is returning to normal. Restaurants and bars are filling up again, vacations are being booked and flights are selling out. At sporting events, maskless fans Continue Reading
The International Energy Agency (IEA) has issued yet another warning that if we are to have any hope of avoiding the worst effects of global warming, we have to keep Continue Reading
Chinese media have reported that researchers working on a nuclear fusion project have succeeded in holding plasma of 120 million degrees Celsius for close to two minutes. Chinese daily Global Continue Reading
China is likely to cap its key oil product exports — gasoline, gasoil and jet fuel — in 2021 by slashing quota allocation in an effort to meet carbon emission Continue Reading
China’s top decision-making body said Monday the government would ease its birth-control policy to allow all couples in the country to have three children, the state-run Xinhua News Agency reported. Continue Reading
The result was largely in line with the 51.1 median forecast expected by economists polled by The Wall Street Journal, and marked the 15th straight month that the gauge came Continue Reading
Trading houses positioning for China demand Import tax on LCO may shift China’s demand to gasoil Premiums of Russia’s ESPO Blend crude rose to multi-month highs in the current month Continue Reading
A new poll suggests the United States could be on track to vaccinate at least 70 percent of the adult population against Covid-19 by this summer. In the latest survey by the Continue Reading
This year China’s government has been gradually ramping up scrutiny of its sprawling oil industry, reinforcing its authority with new taxes on refined products while investigating crude imports by state Continue Reading
Immunity to the coronavirus lasts at least a year, possibly a lifetime, improving over time especially after vaccination, according to two new studies. The findings may help put to rest Continue Reading
Huizhou Baizhan Glass Co. factory in Guangdong. Sign up for Next China , a weekly email on where the nation stands now and where it’s going next. Eric Li’s factory Continue Reading
A new surge of interest has revived the lab-leak theory. Well over a year since a novel coronavirus began to spread in Wuhan, the idea that the deadly outbreak could be Continue Reading
The source of the coronavirus that has left more than 3 million people dead around the world remains a mystery. But in recent months the idea that it emerged from the Wuhan Institute Continue Reading
China’s strong economic momentum eased slightly in May, as surging raw material prices squeezed profits, businesses turned more cautious and property and car sales underperformed. That’s the outlook of an Continue Reading
Around 2.5 mil mt cargo to be discharged in May Refiners may continue imports by re-allocating tax cost Heavy crude to be in favor China’s bitumen blend imports — which Continue Reading
U.S. intelligence agencies are examining reports that researchers at a Chinese virology laboratory were seriously ill in 2019 a month before the first cases of COVID-19 were reported, according to Continue Reading
The United States last week reported the lowest number of new COVID-19 cases in nearly a year, with new infections dropping 26% from the previous seven days to just under Continue Reading
China has announced that it will impose taxes on heavy sour crude, a move that could hit Venezuela hard as it continues to struggle with U.S. sanctions and a dilapidated Continue Reading
San Francisco General Hospital announced this past week that it had no Covid-19 patients for the first time since March 5 of last year.Jim Wilson/The New York Times The United Continue Reading
Deaths from Covid-19 and Covid-related causes are likely to be two to three times the number that countries have recorded in their official data, the World Health Organization said on Continue Reading
Saudi Arabia kept its status as China’s top oil supplier in April, beating Russia for the eighth month in a row as the world’s largest oil buyer imported the lowest Continue Reading
The European Parliament has signalled fierce opposition to advancing a market-access treaty with China by declaring it “frozen”, in a sign of mounting tensions between the bloc and Beijing. MEPs voted Continue Reading
China has ordered power transmission firms to connect a minimum of 90 gigawatts (GW) of wind and solar capacity to the grid this year, the National Energy Administration said on Continue Reading
China now accounts for more greenhouse gas emissions than all of the world’s developed nations combined, according to new research from Rhodium Group. Pollution King China’s emissions have surpassed all OECD nations Continue Reading
China said Thursday it is providing COVID-19 vaccines to nearly 40 African countries, describing its actions as purely altruistic in an apparent intensification of what has been described as “vaccine Continue Reading
When a teacher told Syrian mother Um Wajih that her 9-year-old son’s German had deteriorated during his Berlin school’s six-week shutdown, she was saddened but not surprised. Parisians tuck into Continue Reading
China’s accelerated crude oil stockpiling could be coming to an end with oil at $70 and the possibility that strategic reserves are close to capacity, suggesting that the world’s largest Continue Reading
Highlights State refiners to import bigger share of incremental barrels More crudes with higher gasoil yields likely to flow in Independent refineries to seek replacement for Merey crude Singapore — Continue Reading
President Biden on Tuesday cast the United States as being in an urgent race with China to build electric vehicles as he visited a plant in Dearborn, Mich., that is Continue Reading
In a town on the edge of the Gobi desert is a sign in English and Chinese that reads “Oil Holy Land.” Nearby, a preserved drilling rig marks the spot Continue Reading
China’s crude throughput in the second quarter is likely to be buoyed by improving domestic demand and a shortage of oil product supplies due to the introduction of consumption taxes Continue Reading
China’s refinery throughput increased by 7.5 percent annually in April, signaling a sustained recovery in crude processing, although the volumes were lower than the record-highs seen last November, according to Continue Reading
In delivering vaccines, pharmaceutical companies aided by monumental government investments have given humanity a miraculous shot at liberation from the worst pandemic in a century. But wealthy countries have captured Continue Reading
At the Daqo New Energy Corp. factory in China’s Xinjiang region, workers carefully processed tall columns of refined silicon last week as a group of reporters and analysts looked on. It’s the first time Continue Reading
China’s factories slowed their output growth in April and retail sales significantly missed expectations as officials warned of new problems affecting the recovery in the world’s second-largest economy. While China’s Continue Reading
JX Nippon Oil & Energy Corp’s refinery is pictured in Yokohama, Japan February 7, 2017. REUTERS/Kim Kyung-Hoon Japanese refiners plan to sell assets and speed structural reform and overseas expansion Continue Reading
China’s crude throughput in the second quarter is likely to be buoyed by improving domestic demand and a shortage of oil product supplies due to the introduction of consumption taxes Continue Reading
Chinese authorities are looking to ease the domestic fuel glut and reducing pollution by heavily taxing as of June the imports of several kinds of blending fuels which are being Continue Reading
Qatar is in discussions with Chinese state energy giants to potentially make them equity partners in the world’s largest liquefied natural gas (LNG) project, in what could be a strategic Continue Reading
Central to the expansion of Chinese and Russian influence via Iran into the space in the Middle East vacated by the U.S. since former U.S. President Donald Trump initiated a Continue Reading
Electric and hybrids now account for about one-fifth of new car sales on average in the six biggest Chinese cities, according to data from the China Passenger Car Association. In Continue Reading
U.S. electric car maker Tesla Inc (TSLA.O) has halted plans to buy land to expand its Shanghai plant and make it a global export hub, people familiar with the matter Continue Reading
The number of working-age people in China fell over the past decade as its aging population barely grew, a census showed Tuesday, adding to economic challenges for Chinese leaders who Continue Reading
China said its population hit 1.41 billion in 2020, eking out a tiny rise from the previous year, underlining how the world’s most populous nation is going to have to Continue Reading
At the small hospital where Dr. Oumaima Djarma works in Chad’s capital, there are no debates over which coronavirus vaccine is the best. There are simply no vaccines at all. Continue Reading
India on Saturday reported its highest ever single-day COVID-19 death toll, as cases continued to rise and states imposed stricter lockdowns. India’s health ministry reported 4,187 fatalities over the past Continue Reading
