China About To Become Top LNG Importer This Year
China will this year overtake Japan as the world’s largest importer of liquefied natural gas, ICIS Edge, a service of market intelligence provider ICIS, said this week, as quoted by Continue Reading
China’s Buying So Much Corn That Its Ports Are Getting Clogged
China’s embarked on a record corn-buying spree this year and some vessels have been delayed for as long as a month outside southern ports because of congestion, incurring hefty demurrage Continue Reading
China’s independent refineries likely to cut H2 crude imports by 27%
Probe set to reduce PetroChina Fuel Oil’s imports Five refineries facing cuts to import quota volumes Consumption tax to slash bitumen blend imports Crude oil imports by China’s independent refineries Continue Reading
Feature: IEA’s net-zero roadmap is unrealistic, lacks localized approach – Chinese experts
Highlights IEA report lacks differentiated approach between developed and developing countries Rapid phasing out of fossil fuels could destabilize energy supply, power grids Changing consumer habits, market mechanisms key to Continue Reading
Indian state sharply raises COVID-19 death toll prompting call for wide review
An Indian state has raised its COVID-19 death toll sharply higher after the discovery of thousands of unreported cases, lending weight to suspicion that India’s overall death tally is significantly Continue Reading
India’s second wave is waning. But authorities are already bracing for the next one.
Two months ago, the Lok Nayak Jai Prakash Narayan Hospital in India’s capital was a battlefield. Every one of its 1,500 beds for coronavirus patients was full. It came perilously close to Continue Reading
China Tempers Climate Change Efforts After Economic Officials Limit Scope
China’s top economic planners have put the brakes on attempts by environmental officials to reduce carbon emissions as driving growth takes priority over meeting climate targets for now, according to Continue Reading
Samsung Heavy to partner with KAREI to develop molten-salt reactor floating power plants and nuclear-powered ships
Samsung Heavy Industries (SHI) is making a full-scale effort to develop offshore nuclear power plant technology. SHI has signed a Molten-Salt Reactor (MSR) development and joint research agreement with the Continue Reading
China tells PetroChina to stop trading off oil quotas with teapots
Chinese authorities have ordered a unit of state-run PetroChina to stop trading off crude oil import quotas with local refineries as part of a crackdown on excessive fuel production, a Continue Reading
China’s Hot Summer Is Latest Test of Its Carbon-Neutrality Drive
For the second time in six months, Chinese provinces are rationing electricity as the nation’s grids struggle to manage a surge in demand. This time, it’s partly because residents are Continue Reading