Tesla Climbs Further On Another Round Of Positive News
Tesla has begun selling Model 3 cars made in China, complete with its Autopilot system, Reuters reports , adding the price tag for the vehicle will be a little over Continue Reading
China’s Superpower Status At Risk As Energy Nightmare Intensifies
China has set its sights high – very high – in terms of economic development, aiming to become not just one of the world’s superpowers by 2049 (the 100 year Continue Reading
Trade dispute could help China’s new energy vehicle sector
The US-China trade dispute could inadvertently support China’s efforts to become the global leader in new energy vehicles, or NEVs, if US automakers are “squeezed out of China,” S&P Global Ratings said in a Continue Reading
China crude imports from US, Iran, Venezuela continue in Sep, but volume kept at minimal
China continued to import crude oil from the US, Iran and Venezuela in September, but Asia’s biggest energy consumer kept shipments from the three producers minimal due to the tariff Continue Reading
Russia And Saudi Oil Giants Team Up In Africa
Russia’s second-largest oil producer, Lukoil, is looking at joint oil and gas opportunities with Saudi Aramco in Africa, the Russian firm’s president and CEO Vagit Alekperov said on Wednesday. Lukoil Continue Reading
U.S. Companies Preparing for Long-Term ‘Confrontational Relationship’ With China
Businesses are making arrangements to diversify their supply-chain investments away from the China market and enacting other structural changes to account for that, Mr. Parker said. It could take about Continue Reading
Ford cuts forecasts amid China slowdown
Ford lowered its full-year profit outlook after booking weaker earnings in the third quarter, citing slower sales in China and the need to offer bigger discounts in North America among Continue Reading
China Is Desperate To Boost Shale Gas Production
Faced with rising natural gas and liquefied natural gas (LNG) imports to meet growing demand, China is trying to raise its domestic gas production, including by setting up incentives for Continue Reading
China’s oil refining overcapacity set to overwhelm petroleum product markets
This is the third of a five-part special report on China’s small independent refiners. Our team conducted an extensive tour of the Shandong-based refining sector to gauge the direction it Continue Reading
China natural gas demand to grow by over 80% by 2030: Sinopec
State-owned Sinopec expects China’s natural gas demand to increase by 82% to 510 Bcm in 2030, from 280 Bcm in 2018, driven by continued industrial upgrading and urbanization. Gas demand growth Continue Reading