Is This China’s First Defeat In The Trade War?
The two new forces in the global liquefied natural gas (LNG) market—the United States as a supplier and China as a buyer—are locked in an escalating trade war, which saw Continue Reading
Iranian tanker discharges oil into storage in China ahead of U.S. sanctions
A vessel carrying 2 million barrels of Iranian oil discharged the crude into a bonded storage tank at the port of Dalian in northeast China on Monday, according to Refinitiv Continue Reading
China to lead world’s renewable energy consumption by 2023: IEA
China, which is fighting air pollution by seeking alternatives to coal consumption, will within five years become the world’s biggest renewable energy user, according to a report by the IEA Continue Reading
War on coal is heating up, but China is still the key: Russell
Coal-fired power has to end by 2050 to save the planet. That seemingly simple but bold sentiment is likely to set much of the political, social and economic agenda for Continue Reading
Australia rejects UN call to phase out coal
Australia has rejected a call by scientists to phase out coal use by 2050 to prevent the world overshooting targets in the Paris Climate Change agreement with potentially disastrous consequences. Continue Reading
China tries to boost its economy, as long trade fight looms with Trump
Cars line up to pay a toll last month during a festival in Zhengzhou, China. The Chinese economy has been growing, but economists say signs of weakness, including lagging consumer Continue Reading
US threatens to block trade talks with China at G20
US officials have warned China that Donald Trump will not engage in trade talks with Xi Jinping at next month’s G20 summit if Beijing does not produce a detailed list Continue Reading
Beijing’s Long Arm Squeezes the Gas Sector
Connection fees are less important than they appear. For ENN, they were only 12% of sales in 2017, according to FactSet. What’s worrying is the overall policy signal. China now Continue Reading
Trade War ‘Totally Stopped’ U.S. Crude Oil Shipments To China
The U.S.-China trade war is battering what was a fast-growing business for U.S. oil producers until a few months ago—U.S. crude oil shipments to China have “totally stopped” in recent Continue Reading
Exxon Mobil eyes multi-billion dollar investment at Singapore refinery: executive
Exxon Mobil Corp ( XOM.N ) is considering a multi-billion dollar investment at its Singapore refinery, the company’s largest, ahead of new global shipping fuel regulations starting in 2020, a Continue Reading