Indonesian men fry krupuk, a rice cracker served with most meals, in Jakarta. The party backing President Joko Widodo is urging Indonesians to start boiling, steaming and roasting food instead Continue Reading
The Tesla Gigafactory in Shanghai. Bloomberg News Tesla Inc. is extending the production pause at its Shanghai plant to Thursday after the city was placed into a phased lockdown to Continue Reading
China began its most extensive lockdown in two years Monday to conduct mass testing and control a growing outbreak in Shanghai as questions are raised about the economic toll of Continue Reading
For all the focus on how Russia’s economy is in trouble, isolated and battered by western sanctions, China, its most important ally, faces serious tremors as well. No other major Continue Reading
China Petroleum & Chemical Corp. better known as Sinopec, is planning its highest capital investment in history for 2022 after recording its best profit in a decade, echoing Beijing’s call Continue Reading
India is leaning toward continuing to import coking coal from Russia, the steel minister said on Sunday, seeming to buck a global trend to shun Moscow over its invasion of Continue Reading
China Petroleum & Chemical Corp, better known as Sinopec, is planning its highest capital investment in history for 2022 after recording its best profit in a decade, echoing Beijing’s call Continue Reading
China Likely to Cut Loan Prime Rate in April Bloomberg News Sign up for Next China , a weekly email on where the nation stands now and where it’s going Continue Reading
China’s state-run Sinopec Group has suspended talks for a major petrochemical investment and a gas marketing venture in Russia, sources told Reuters, heeding a government call for caution as sanctions Continue Reading
Repairs to two damaged loading points could take 2-3 weeks ‘Significant’ production losses to be avoided Relief for markets tightened by fears for Kazakh export-grade Kazakhstan’s CPC crude oil loadings Continue Reading
Top Western oil producers could experience a hit to revenue if disruptions at a Russian Black Sea port curtail output from Kazakhstan’s giant oilfields, highlighting the growing global supply risk Continue Reading
Moderna Inc. Covid-19 vaccine booster shots. Hong Kong’s leader has deflected blame for the failure to get the elderly vaccinated against Covid-19, while a new survey found that nearly half Continue Reading
In February, Russia’s President Vladimir Putin and China’s Xi Jinping declared that their friendship had no limits. Now, the war in Ukraine is testing that relationship. WSJ’s Shelby Holliday explores Continue Reading
China is fighting the worst Covid outbreak since 2020, and analysts are considering a revision of their oil demand forecasts as refineries reduce run rates and lockdowns hurt consumption. According Continue Reading
Capacity offline in March lower than a year earlier Higher oil product yield to partly offset run cut Shandong independent refineries cut runs to 56% China’s crude throughput in March Continue Reading
A freight train carrying medical supplies bound for Madrid departs the city of Yiwu, in China’s Zhejiang Province, in June 2020. More than a million containers set to ride 6,000-plus Continue Reading
As coronavirus infections rise in some parts of the world, experts are watching for a potential new COVID-19 surge in the U.S. — and wondering how long it will take Continue Reading
Russian officials announced this week sea storms had caused major disruption to Kazakh oil flows to global markets, leaving traders scrambling to find out the extent of the damage. The Continue Reading
A consortium operating the pipeline that Kazakhstan uses to export the bulk of its oil has said the route may be largely unusable for up to two months because of Continue Reading
NAGAON, India (AP) — Plans to build a sprawling solar park on land cultivated for generations by indigenous farmers in India’s Himalayan foothills erupted in violent clashes with police last Continue Reading
North Korea conducted what is thought to be its largest intercontinental ballistic missile (ICBM) test ever on Thursday, militaries in South Korea and Japan said, marking a dramatic end to Continue Reading
China’s oil refiners are discreetly purchasing cheap Russian crude as the nation’s supply continues to seep into the market. Unlike India’s state-run oil refiners, which have issued a number of Continue Reading
Chinese internet users called it a “proxy war”: three weeks ago, two pensioners in a Shanghai park got into a fight over the Ukraine conflict that left Russia backing Shen Continue Reading
Geely is examining its future in Russia, casting doubt on expectations that China’s carmakers would push further into the country to take advantage of the exodus of international groups following Continue Reading
Imports may rise ahead of railway maintenance in April Domestic coal output, logistics hindered by COVID-19 lockdowns Spot offers for 5,500 kcal/kg NAR exceed guidance at Yuan 1,600/mt China’s seaborne Continue Reading
Japan not under COVID-19-led movement curbs first time since early Jan Gasoline spot prices rise 37% year on year Japan’s domestic gasoline demand is expected to rise after the government Continue Reading
To boost non-fossil fuel share in electricity to 39% by 2025 vs 29% now Energy security to be ‘premise’ for China’s modern energy system Coal to have supportive role, plant Continue Reading
Highlights US company’s CPC crude shipments certified of Kazakh origin Industry seeks to maintain Kazakh shipments amid Russian boycotts CPC crude remains discounted on Ukraine fallout, shipping risk Kazakhstan’s CPC Continue Reading
China’s increased reliance on coal to combat an energy shortage was never going to bode well for its ambitions to cut planet-warming emissions. Now, thanks to new analysis of satellite Continue Reading
Battery prices for electric vehicles are seeing a “ridiculous” increase on the back of soaring raw material prices, and carmakers will soon have to raise prices if they haven’t done Continue Reading
China is aiming for non-fossil fuels to account for around a fifth of its total energy consumption by 2025 and to strictly control coal consumption in heavy industry, as it Continue Reading
Japan on Tuesday issued an emergency plea for citizens, businesses and local authorities to conserve energy, warning of potential blackouts after a massive earthquake idled several power plants and unseasonably Continue Reading
Several Chinese state-owned refiners have returned to the Russian spot market to buy May-loading Urals crude barrels, attracted by their record discount to Dated Brent, refining sources told S&P Global Continue Reading
Stacks of newly-made nickel cathode sheets in Monchegorsk, Russia. Bloomberg News China and Russia’s trade relationship has become more complicated since the war started more than three weeks ago, raising Continue Reading
U.S. President Joe Biden’s warning of “consequences” for any aid China may give to Russia’s Ukraine war effort could force Chinese President Xi Jinping to choose between a longstanding lucrative Continue Reading
The Chinese Red Cross will offer an additional 10 million yuan ($1.57 million) of humanitarian assistance to Ukraine, Chinese foreign ministry spokesman Wang Wenbin told reporters on Monday. Wang’s comments Continue Reading
Australia’s offshore petroleum watchdog has cleared the way for Shell (SHEL.L) to restart its Prelude floating liquefied natural gas (FLNG) site off northwestern Australia, after a power outage forced a Continue Reading
Bloomberg News China imported twice as much liquefied natural gas from Russia last month than a year earlier, despite weakened appetite for spot purchases because of high prices. The world’s Continue Reading
India’s oil imports from the United States will rise by 11% this year, officials said on Saturday, as the severely energy-deficient country looks to secure supplies from producers around the Continue Reading
Joe Biden and Xi Jinping failed to bridge their differences over the Ukraine war, with the US president warning of “consequences” if Beijing provided military aid to the Kremlin while Continue Reading
A Covid-19 testing facility set up at a community center in Shanghai.Photographer: Qilai Shen/Bloomberg Bloomberg News China reported its first Covid-19 deaths since January 2021 as the omicron variant continued Continue Reading
Highlights Only Norinco, Sinopec, ChemChina exported gasoil in Feb Gasoline exports also fall 47% on year in Jan-Feb Jet fuel exports jump 40% amid slow domestic demand China’s gasoil exports Continue Reading
Biden tells Xi China would face costs from U.S. and wider world Xi says sanctions could trigger serious crisis in global economy Xi and Biden both stress need for diplomatic Continue Reading
Uzbekistan has broken ranks among its Central Asian peers, who have pointedly refrained from adopting explicit positions on Russia’s war, by stating that it recognizes Ukraine’s territorial integrity and that Continue Reading
Russia has exported 360,000 barrels a day of oil to India in March so far, nearly four times the 2021 average as buyers weigh up major discounts against public opinion Continue Reading
Oil storage containers are seen on the shore of the Mediterranean Sea in the southern city of Ashkelon January 27, 2015. REUTERS/Amir Cohen NEW DELHI, March 18 (Reuters) – Iran Continue Reading
The Chinese commercial hub of Shanghai is pushing ahead with a mass testing initiative as it tries to curb a new spike in COVID-19 infections, but some districts were easing Continue Reading
Only half of Chinese aged 80 and older are fully vaccinated against Covid-19, highlighting the risks as President Xi Jinping’s government tries to contain omicron outbreaks nationwide. About 51% of Continue Reading
Even as authorities lock down cities in China’s worst outbreak in two years , they are looking for an exit from what has been a successful but onerous COVID-19 prevention Continue Reading
China’s relationship with Russia is quickly becoming a thorn in the side of President Xi Jinping. Beijing’s unwillingness to condemn Russia for its aggression in Ukraine could push it further Continue Reading
