A growing number of independent refineries in China’s Shandong province are resorting to throughput cuts as crude oil’s steep surge above $100/b is starting to take a toll on refining Continue Reading
Japanese firms are under deepening pressure over their ties to Russia and are scrambling to assess their operations, company and government insiders say, after Western rivals halted businesses and condemned Continue Reading
The head of Japan’s largest business lobby said on Monday the country’s imports of Russian crude could not be replaced immediately, as global discussions gathered pace about the possibility of Continue Reading
China declined to set a new hard target for energy use and will focus on securing fuel supplies as the world’s biggest oil, gas and coal importer navigates unprecedented tumult Continue Reading
Bloomberg News Anyone hoping the world’s biggest carbon emitter would use its annual parliamentary session to speed up action on climate change was left sorely disappointed this weekend. Instead, China Continue Reading
China’s crude imports in January-February fell 4.9% year on year to 10.58 million b/d, or 85.14 million mt, data from the General Administration of Customs showed, as throughput was capped Continue Reading
Exports seen low in March before rebounding strongly in April-May Finished steel imports fall 7.9% on year over January-February China’s finished steel exports over January-February fell 18.8% year on year Continue Reading
Japan may take more action in response to Russia’s invasion of Ukraine which could significantly impact Japan’s energy sector, a senior ruling party lawmaker said on Sunday, while expressing caution Continue Reading
Australian authorities on Friday warned of more rains over the weekend in several flooded regions in the country’s east, likely hampering relief efforts as defense personnel try to reach worst-hit Continue Reading
Russian steelmaker stops supplies to EU Impact of sanctions on Russia-China trade seen limited Russia’s metals industry is expected to lean on China as an export market following sanctions for Continue Reading
