Pakistan Struggles To Find LNG Amid Gas Crisis
Pakistan is looking to buy liquefied natural gas (LNG) for the winter, but it couldn’t find any sellers in a recent tender, which highlights the fact that the natural gas Continue Reading
China Backpedals On Climate Commitments
China has taken a step back from emission reduction commitments amid the energy crunch that caused factory closures and power rationing. In a statement, Premier Li Keqiang said that the Continue Reading
China coal prices hit record high as floods add to supply woes
January Zhengzhou thermal coal futures hit a record high Price surge comes a day after govt liberalized power market Coal imports at highest for the year in Sept Data shows Continue Reading
China crude imports down 15% on yr, gas imports at 9-mth high
China’s September crude oil imports fell 15.3% from a year earlier, data showed on Wednesday, as companies drew on inventories amid rising global prices and as tightened import quotas continued Continue Reading
Singapore marine fuel sales drop in Sept as bunker calls hit 4-year low
Marine fuel sales in Singapore fell to a 15-month low of 3.94 million tonnes in September as the number of ships calling at the world’s largest bunkering hub for bunkers Continue Reading
China Holds Back Fiscal Spending When Economy Needs It Most
Bloomberg News China’s economic slowdown is putting the spotlight back on fiscal stimulus — but Beijing isn’t opening the spending taps just yet. While the U.S. government is pushing to Continue Reading
China Developers Account for About Half of World’s Troubled Debt
In a world where central bank stimulus has wiped out most of the distress from global bond markets, the troubles of China’s property companies are standing out. Of the $139 Continue Reading
CHINA DATA: September crude imports fall 5% on month to 10.03 mil b/d
China’s crude oil imports fell 4.7% on the month to 10.03 million b/d in September, latest data from the General Administration of Customs, or GAC, showed Oct. 13. The reduction Continue Reading
China Home Sales Are Falling Sharply
Home sales in China are seizing up as curbs on lending and worries about developers’ financial health deter house buyers, casting a pall over an industry that is central to the Chinese Continue Reading
China to liberalise thermal power pricing to tackle energy crisis
China’s state planner, the National Development and Reform Commission (NDRC), said on Tuesday it will fully liberalize pricing for electricity generated from coal and that industrial and commercial users will Continue Reading