China’s Guangdong province will boost gas consumption by 65.5% in the five years to 2025 on the back of industrial coal-to-gas switching and new natural gas-fired power plants, the provincial Continue Reading
Highlights Lowering private reserves mandate by 13.5 mil barrels by Oct. 8 Extends earlier 7.5 mil barrels release by six months Japan will start on April 16 releasing 6 million Continue Reading
Small protests have broken out in Shanghai as residents grow increasingly frustrated with Covid-19 lockdown restrictions, just as Beijing looks to widen national support for its commitment to eliminating the Continue Reading
AP Moller-Maersk A/S, one of the biggest shipping lines in the world, has stopped bookings to ship refrigerated containers into Shanghai as a strict Covid lockdown stalls the trucking of Continue Reading
China is set to install a record amount of wind and solar power capacity this year as the country strives to meet climate goals while reducing its reliance on the Continue Reading
Tesla Inc. has hit a real production snag in China. The electric carmaker’s Shanghai plant, its first outside the U.S., has had output suspended for almost three weeks due to Continue Reading
Bank of Japan Governor Haruhiko Kuroda faces another awkward communications challenge later this month when the central bank is poised to predict the strongest annual inflation since 1992 outside tax Continue Reading
China’s financial hub Shanghai reported over 27,000 coronavirus cases on Thursday, a new high, a day after President Xi Jinping said that the country must continue with its strict “dynamic Continue Reading
As the planet lurches toward catastrophic levels of warming, China’s biggest banks have been ratcheting up their financing of the dirtiest fossil fuel of all: coal. Chinese lenders have helped Continue Reading
Russia is offering deep discounts for its crude following a wave of sanctions on its energy industry. While China and India are still buying some discounted oil, logistical hurdles are Continue Reading
