Chinese Oil Demand To Crash By 1 Million Bpd On Covid Surge
China’s oil demand is expected to be 1 million barrels per day (bpd) lower in the next two months than previously expected due to the rising number of COVID cases Continue Reading
Asia Buys Less Saudi Crude As COVID Restrictions Return
Some Asian refiners have nominated lower than usual volumes of crude oil from Saudi Arabia in September as authorities in China and the rest of Asia have re-imposed restrictions to Continue Reading
India’s Stricter Emissions Rules Will Hit Car Sales, Maruti Says
India’s biggest automaker has warned that strict European-style emissions rules due to start next year will force up car prices, dealing another blow to an industry that was in a Continue Reading
China is Redrawing the World’s Energy Map
China’s outsize energy needs and its reliance on overseas suppliers have underpinned its foreign policy for decades. Now those needs are changing. The planet’s largest oil and coal importer wants to become Continue Reading
BP sees potential for green hydrogen, ammonia plant in Australia
The production of green hydrogen and green ammonia is technically feasible at scale in Australia, but will require a major investment in port, electricity and water services, BP said on Continue Reading
Can Anything Replace China As Demand Driver For Oil?
That the oil-producing world is highly reliant on China’s appetite is a fact we are reminded of from time to time. Last year, Chinese buyers dragged oil prices out of Continue Reading
CHINA DATA: July crude imports fall 20% on year to 9.75 mil b/d
China’s crude imports fell 19.6% year on year to 9.75 million b/d in July, General Administration of Customs preliminary data released Aug. 7 showed. Receive daily email alerts, subscriber notes Continue Reading
China’s Biggest Oil Refiner Sinopec Seen Cutting Runs as Delta Hits – Bloomberg
China’s biggest oil refiner is scaling back operations as Beijing’s aggressive response to the delta virus variant saps demand for road and aviation fuel, according to an analyst. State-owned China Continue Reading
China’s New Oil Giants Flourish in Xi’s Clean Energy Wave
China’s newest oil refiners are thriving by aligning themselves with President Xi Jinping’s vision, expanding even as their older rivals and several other private businesses have been reined in by Continue Reading
Delta outbreak piles pressure on China’s homegrown vaccines
China’s worst coronavirus outbreak since the virus first emerged in Wuhan is adding to concerns about the quality of its domestically developed vaccines amid a dearth of data on the Continue Reading