Shanghai on Wednesday made some concessions on a widely unpopular child separation COVID policy, in a nod to growing public frustration as it extends a citywide lockdown that has left Continue Reading
The elderly woman slouched in a chair in Shanghai’s cool spring weather as her three companions squabbled with police and others clad in white biohazard suits, the only people visible Continue Reading
Growth in developing Asia will likely be slower this year than previously thought, the Asian Development Bank said on Wednesday, as the war in Ukraine is expected to derail an Continue Reading
Less than a week after Hong Kong rolled back some of the world’s strictest inbound travel curbs, at least six airlines have had routes banned, creating havoc for travelers and Continue Reading
Shanghai Reports Over 17,000 Covid Cases on Tuesday . China’s services sector took a massive knock in March from the nation’s worst Covid outbreak since the start of the pandemic, Continue Reading
Barricades, panic buying and empty streets are some scenes from Shanghai as China’s most populous city imposed a new lockdown. Offices and factories – including Tesla’s – were affected by Continue Reading
According to official data, as many as a third of farmers in northeastern Jilin, Liaoning and Heilongjiang provinces have insufficient agricultural inputs after authorities sealed off villages to fight the Continue Reading
Russia’s war in Ukraine has put China in a somewhat precarious position. Russia is an important energy (trade) partner to Beijing. Russia’s total trade with China pales in comparison to Continue Reading
Asia is the world’s largest LNG market, but demand growth in the region is slowing as competition from Europe for cargoes heats up. Europe’s determination to wean itself off Russian Continue Reading
There is a soaring demand for Australia’s gas resources, pushing exports to record levels and helping fund public services and infrastructure. A new report illustrates the soaring demand for Australia’s Continue Reading
Disruptions to supplies of commodities, financial strains and higher prices are among the impacts of the war in Ukraine that will slow economies in Asia in coming months, the World Continue Reading
The volunteers in full protective gear — called big whites here in China — have packed up and moved on for the day; the apartment complex where I live is Continue Reading
Chinese authorities have extended their lockdown of Shanghai to cover all its 25 million people after a fresh surge in Covid cases. Until now, there had been separate measures for Continue Reading
High prices dampen battery metals demand Facing a fresh wave of COVID-19 outbreaks , China’s strict lockdown measures are dealing a huge blow to the NEV industry, just two weeks Continue Reading
China’s top liquefied natural gas importers are cautiously looking to purchase additional Russian shipments that have been shunned by the market in a bid to take advantage of cheap prices. Continue Reading
Australia’s mining and energy export earnings are forecast to reach a record A$425 billion ($318 billion) in 2021-22, although prices of its key iron ore shipments are expected to ease, Continue Reading
Western diplomats have expressed concern about separating children from their parents as part of COVID curbs – a situation that has arisen in Shanghai as the government tries to stamp Continue Reading
China has sent the military and thousands of healthcare workers into Shanghai to help carry out COVID-19 tests for all of its 26 million residents as cases continued to rise Continue Reading
In late March, as Shanghai residents began to worry that rising coronavirus infections would lead the city into its first mass lockdown, authorities turned to social media to calm the Continue Reading
Shortages of food and medicine have left residents in China’s biggest city desperate and frustrated as authorities struggle to gain control of a Covid-19 outbreak. Shanghai, which has been forced Continue Reading
A seller of Russian crude gave Chinese buyers the flexibility to pay in yuan, as the energy giant attempts to keep its few remaining export channels flowing smoothly Geneva-based Paramount Continue Reading
Japan may expand a subsidy program for gasoline and other fuels among measures under consideration to ease soaring energy costs, the industry minister said on Sunday. The measure will be Continue Reading
India’s coal production rose 8.6% to 777.2 million tonnes during the year ended March 2022, the government said on Friday, driven by a surge in power demand due to an Continue Reading
Complications with supply to the US, Asia driving Russian pivot to East Sanctions leading to Russian crude selling at significant discounts Russian trade in currencies other than the dollar, euro Continue Reading
A coronavirus outbreak is ravaging a hospital in Shanghai for older adults, underscoring the difficulties officials have had in containing infections even as the city imposed a 10-day staggered lockdown. Continue Reading
Recently I’ve been analyzing the growth in the public charging network in 2021, as we’ve just released BNEF’s 2022 Global EV Public Charging Update . Not surprisingly, Tesla is a Continue Reading
COVID-19 hospitalization numbers have plunged to their lowest levels since the early days of the pandemic, offering a much-needed break to health care workers and patients alike following the omicron Continue Reading
Cargoes of Russia’s ESPO crude loading in May have been offered to China for payments in yuan, as the world’s top crude importer continues to purchase Russian oil but is Continue Reading
U.S.: India buying more crude from Russia could expose it to a “great risk” in light of more sanctions against Moscow. Kpler data: Indian purchases of Russian oil had jumped Continue Reading
About 16 million residents in Shanghai are being tested for the coronavirus during the second stage of the lockdown that shifted Friday to the western half of China’s biggest city Continue Reading
Saudi Aramco, is looking at several further opportunities to expand its downstream dealings with China. The new downstream projects with Sinopec follow this year’s earlier series of meetings in Beijing Continue Reading
In response to Putin’s aggression in Ukraine, many countries have introduced total bans on Russian crude. As a result, Russia has been forced to sell its oil at a heavy Continue Reading
India’s electricity shortage from March 1 to March 30 was its worst since October 2021, a Reuters analysis of government data showed, driven by a surge in demand. As generators Continue Reading
Sri Lanka has bought coal from the Singapore unit of Russian coal trader SUEK AG and will pay in U.S. dollars, two senior officials said, as it looks to address Continue Reading
China’s economy was losing momentum in the first quarter, even before the full impact of Russia’s invasion of Ukraine on commodity prices and global supply chains was felt. The country’s Continue Reading
No difficulty in pushing forward with Arctic LNG 2 CNOOC’s 2021 oil, gas output exceeds target Targets 1.64 mil-1.67 mil boe/d output in 2022 China’s state-run offshore giant CNOOC said Continue Reading
Activity in China’s manufacturing and services sectors contracted in March, according to official surveys that offer the first broad glimpse of the economic cost of efforts to contain the highly Continue Reading
China’s manufacturing and services activity contracted in March for the first time in almost two years, highlighting the economic strains of the government’s strict coronavirus measures. The official manufacturing PMI, Continue Reading
Highlights Considering ways to cut LNG, coal, oil dependency on Russia Building system for surveillance of coal supply for contingency To boost support via Jogmec for upstream oil, gas buys Continue Reading
May force India to rely on imports of oilseeds, pulses Current fertilizer stocks at sharply low levels Global prices high India’s farmers are likely to face a sharp rise in Continue Reading
India has cut coal supplies to the non-power sector and put on hold plans for some fuel auctions for utilities without supply deals due to a slump in inventories, even Continue Reading
March 30 (Reuters) – Coronavirus infections in Asia passed 100 million on Wednesday, according to a Reuters tally, as the region records a resurgence in cases, dominated by the BA.2 Continue Reading
Lockdown restrictions in Shanghai have resulted in residents thronging supermarkets to stock up on essential supplies. Residents in Shanghai are scrambling to stock up on supplies while thousands quarantine in Continue Reading
More than 20,000 bankers, traders, and other workers are bedding down in office towers in Shanghai’s Lujiazui district as they bid to keep China’s giant financial hub ticking over through Continue Reading
Japan will ban the export of high-end cars and other luxury goods to Russia in its latest response to the Russian invasion of Ukraine, the trade ministry said on Tuesday. Continue Reading
Danish shipper Maersk said the Shanghai lockdown will severely hurt trucking services and increase transport costs, as China’s intensifying efforts to fight the spread of COVID-19 further rattle global supply Continue Reading
A lockdown in Shanghai marks another potential setback for China’s export machine, reigniting concerns over the risk of renewed disruption to global supply chains pummeled by the pandemic and war Continue Reading
Russian companies grappling with stinging international sanctions are exploring ways to relocate. The bulk of the enterprises and individuals making the move out of Russia to Kazakhstan are involved in Continue Reading
India is not considering buying oil from Russia using Indian rupees, the junior oil minister told parliament on Monday, after Western nations imposed sanctions on Russia over its invasion of Continue Reading
As coronavirus outbreaks spread across China , Shanghai is introducing new rounds of lockdowns to be rolled out sequentially across the city’s neighborhoods, the city government announced on Sunday night, Continue Reading
