China’s imports of liquefied natural gas (LNG) are on track to post their first major decline this year, as high prices and weak manufacturing due to COVID-19 lockdowns crimp demand Continue Reading
India and China have stepped up purchases and are importing record volumes of Russian crude. some Chinese state giants haven’t ramped up imports of spot cargoes from Russia despite steep Continue Reading
China’s strict Covid-19 containment strategy is suppressing the country’s consumer demand and manufacturing output. The economic slowdown caused by this containment strategy poses a challenge for emerging economies that export Continue Reading
Three days before a vote to choose their region’s next governor, a handful of residents in Kashiwazaki, a sleepy coastal town in northern Japan, stood by a road to hear Continue Reading
China’s oil trading giant Unipec has significantly increased the number of hired tankers to ship a key crude from eastern Russia. China International United Petroleum & Chemical Co., better known Continue Reading
The invasion of Ukraine has put the US and Europe on a wartime mission to abandon Russian fossil fuels. This series looks at speeding up zero-carbon alternatives by lowering political Continue Reading
Highlights Utilizations only rise in low-risk regions like Sichuan Refining margin up on cheap feedstock, but domestic sales slow More export quotas to ease stock pressure China’s crude throughput is Continue Reading
China’s economy is in some respects faring worse than in 2020 when the pandemic first emerged, Premier Li Keqiang said, urging efforts to reduce a soaring unemployment rate. “Economic indicators Continue Reading
China’s Central Bank, Regulator Urge Banks to Boost Lending Bloomberg News Two of China’s biggest provinces are raising power rates for factories amid increased environmental scrutiny and higher fuel costs, Continue Reading
China’s plans for 169 new and expanded coal projects could boost global methane emissions from mines that produce the dirtiest fossil fuel by 10% and jeopardize its own short-term climate Continue Reading
