Live Covid News
Countries across the Asia-Pacific region are scrambling to slow the spread of the more infectious Delta variant, reimposing restrictions and stay-at-home orders in a jarring reminder — for societies that Continue Reading
Australia oil industry up in arms over proposed decommissioning levy
Australia’s oil industry lobby group on Tuesday slammed as “extreme” the amount the government has proposed as a levy on all of the country’s offshore oil producers to cover the Continue Reading
China’s July key oil product exports may hit 6-year-low amid tight quota, good domestic margin
PetroChina to suspend July exports Gasoline exports to slump 98% to 30,000 mt New quota allocation delay Chinese oil companies are likely to slash their July gasoline, gasoil and jet Continue Reading
Spread of delta coronavirus variant prompts new social distancing and travel restrictions worldwide
The rapid spread of the delta coronavirus variant has forced a growing number of countries to reimpose lockdowns and other public health restrictions, raising fears that the more contagious variant Continue Reading
Why Did Iraq Pull The Plug On Its $2 Billion Oil Deal With China?
Just when it looked like Iraq was becoming a regional leader it decided to halt a $2 billion pre-paid oil supply deal with China’s state-owned Zhenhua Oil Co. despite aims Continue Reading
China starts Baihetan hydro project, biggest since Three Gorges
The giant Baihetan hydropower plant on the upstream branch of China’s Yangtze river has begun generating electricity for the first time on Monday, state broadcaster CCTV reported. The project’s first Continue Reading
Russia on the back foot as third Covid wave surges
Russia has introduced tough new restrictions including regional lockdowns and compulsory vaccinations in a belated response to a third coronavirus wave sweeping the country. President Vladimir Putin has rowed back from Continue Reading
Glaciers All Over the World Are Shrinking Fast—See for Yourself
The glaciers of the Tian Shan mountain range in northwestern China had lost about a quarter of their ice mass since the 1960s when this image was captured, in November Continue Reading
CHINA DATA: State-run refineries’ crude run rises to four-month high of 82% in June
Highlights High throughput, low exports lead to weak product sales Zhejiang Petrochemical Co. delays startup of its fourth CDU The average utilization rate of China’s four state-owned refineries rose by Continue Reading
Tesla to Recall Over 285,000 Cars in China on Autopilot Issues
Tesla Inc. Model 3 vehicles at the company’s Gigafactory in Shanghai in 2019. Tesla Inc. plans to recall more than 285,000 electric vehicles sold in China to address risks associated Continue Reading