China Set To Release Crude From Strategic Reserve In Early February
China has agreed with the United States to release crude from its SPR around the Lunar New Year holiday on February 1 The volume of the release may depend on Continue Reading
China’s Crude Imports Fell For The First Time In 20 Years
Crude oil imports into China fell by 5.4 percent last year on an annual basis for the first time in two decades, Reuters reported citing statistical data from Beijing. According Continue Reading
Hottest temperature recorded in Southern Hemisphere tied in Australia
The Southern Hemisphere may have just matched its hottest temperature on record Thursday. A station in Onslow, a small coastal town in Western Australia, registered a sweltering 123.3 degrees (50.7 Continue Reading
Beijing meets state air quality standards for first time in 2021
The Chinese capital Beijing met state air quality standards for the first time last year, officials said on Tuesday, a milestone lauded by experts, who also warned that pollution remained Continue Reading
China Faces Mounting Economic Damage From Its Covid-Zero Policy
In 2021, China managed to stamp out scattered Covid outbreaks while still delivering annual economic growth in the neighborhood of 8%. It helped that, even as the country kept its Continue Reading
U.S. criticizes China over canceled flights
The Biden administration on Wednesday criticized China’s decision to cancel a growing number of flights from the United States to China because of passengers who later tested positive for COVID-19 Continue Reading
Chinese city of Dalian finds Omicron case from Tianjin
The northeastern Chinese city of Dalian detected one COVID-19 infection of the highly transmissible Omicron variant of the coronavirus, state television said in a report late on Wednesday. The virus Continue Reading
Omicron Spreads in China; Germany Cases at Record: Virus Update
China detected omicron in a second major port city, deepening concern of a wider outbreak at Beijing’s doorstep and raising the prospect that more foreign businesses might follow Toyota Motor Continue Reading
Omicron Puts China’s Zero-Covid Strategy to Its Toughest Test
Over the past two years, China has used some of the strictest measures anywhere to keep Covid-19 out and long succeeded in holding numbers down. But as Omicron poses the Continue Reading
China Is The Only Winner In This Huge Iraqi Oil Field
The statement last week from Iraq’s Oil Minister, Ihsan Abdul Jabbar, that the newly resurrected Iraqi National Oil Company (INOC) has been given government approval to acquire ExxonMobil’s 32.7 percent Continue Reading