Average refinery run rates at Indian refineries were 101 percent in January, compared to 87 percent in August last year. Most of India’s 23 refineries operated at above nameplate capacity Continue Reading
Highlights 2020-21 coal demand stood at 905.88 mil mt April-November 2021 coal imports down 11.13% on year April-November coal production up 9.01% on year India aims to increase its domestic Continue Reading
Japan’s oil and metals giant Eneos Holdings Inc (5020.T) expects it will be able to procure alternative oil in spot markets even if it becomes difficult to buy crude from Continue Reading
The feedstock imports for China’s independent refineries fell by 4.3% to 16.38 million mt in January from the 11-month high in December 2021, latest data compiled by S&P Global Platts Continue Reading
The dramatic sprint of crude oil toward $100/b is prompting Asian importers to rethink supply strategy as well as their fiscal roadmap, which could result in an aggressive recourse to Continue Reading
Rosneft signs 10-year pipeline crude supply deal with CNPC Inflows to help boost throughput in the region, fill SPRs Russian crude accounted for 15.5% market share in China in 2021 Continue Reading
China’s dependency on coal is likely to worsen this year as the authorities struggle to rein in prices after the Lunar New Year break. Chinese miners dug up more than Continue Reading
Apartment buildings at a residential project in Shanghai, China. Bloomberg News China eased a year-long cap on loans for the real estate sector to fund public rental housing, the latest Continue Reading
Residents wearing face masks to help protect from the coronavirus ride an electric scooter along a street decorated with red lanterns in Beijing, Tuesday, Feb. 8, 2022. China has ordered Continue Reading
Rio Tinto’s decision to go public with a self-damning report into its workplace culture should be a watershed moment for a wider mining industry aiming to be seen as the Continue Reading
