Natural Gas From $40 Billion Project Begins Shipping in Landmark for Japan
The project and others around the globe may help feed surging Asian demand for LNG at a time when China has curbed its purchases from the U.S. as part of Continue Reading
Despite climate pledges, China struggles to break coal habit
In a former mining district in eastern China, authorities have shut dozens of pits and invested billions of yuan to resculpt the broken landscape, creating gardens, forest walks and wetland Continue Reading
China’s Oil Addiction Is Its Main Weakness As A Superpower
For decades, the U.S. was so reliant on foreign crude oil imports that it dictated much of the country’s foreign policy spanning numerous presidential administrations. As far back as the Continue Reading
Taiwan’s CPC inks first U.S. term crude purchase deal: official
Taiwanese state oil refiner CPC Corp has signed its first long-term deal to buy U.S. crude, a company official said on Monday, one of only a few such deals by Continue Reading
Japan has spent $4 billion to back global LNG infrastructure push: minister
The Japanese government along with private companies have spent $4 billion in the past year on liquefied natural gas (LNG) projects, mainly in Asia and across the supply chain, to Continue Reading
China Finds Big-Ticket Spending Is a Road to Nowhere
China bolstered economic growth for decades by pouring trillions of dollars into roads, factories, railroads and more, and doubled down to protect the economy from the global financial crisis of Continue Reading
Chinese City Wants To Launch Artificial Moon To Light Up Streets
China wants to launch a world-first ‘man-made moon’ over the southwestern city of Chengdu by 2020 to help illuminate the city at night. If the first artificial moon experiment is Continue Reading
China’s Export Engine Likely to Cool, Further Slowing Growth
American clients of Ningbo Frank Electric Co., a Chinese manufacturer of kettles and other household appliances, have been placing orders several months in advance, salesman John Zheng said. “It all Continue Reading
Vice-Premier: Northern China Needs To Prepare For Winter
The northern region of Beijing-Tianjin-Hebei needs to make sure there is enough fuel for heating during the winter, Vice Premier Han Zheng has warned, as quoted by Reuters. The northern Continue Reading
China Refiners’ Run Rates At Record High In September
Chinese refiners processed a record daily amount of crude oil last month, Reuters reports , citing calculations based on Chinese statistical data. At a calculated 12.49 million bpd, the September Continue Reading