Russian gas giant Gazprom said Dec. 14 its gas supply to China via the Power of Siberia pipeline continue to be above contract levels, and it plans further increases to Continue Reading
Two-dose COVID-19 vaccine regimens do not induce enough neutralising antibodies against the Omicron coronavirus variant , British scientists found, indicating that increased infections in those previously infected or vaccinated may Continue Reading
There’s No Evidence That Omicron Is Less Deadly, U.K. Virologist Says Leading scientists cautioned that the level of immunity against the coronavirus among South Africa’s population due to earlier infections Continue Reading
India’s wholesale inflation quickened to the fastest pace in three decades on input costs fueled by high commodity prices and supply constraints. Wholesale prices rose 14.2% in November from a Continue Reading
Russia last week announced a major new energy cooperation deal with India that threatens the very core of the U.S.’s fightback strategy against Beijing’s and Moscow’s expansionism in the Middle Continue Reading
Chinese companies spent 10 years aggressively maneuvering to become the dominant players in solar power. Now they’re seeking to lead the way in developing the next big thing in clean Continue Reading
People wearing face masks following the coronavirus disease (COVID-19) outbreak walk on a street in Shanghai, China, December 14, 2021. REUTERS/Aly Song SHANGHAI, Dec 14 (Reuters) – Multiple companies have Continue Reading
Less than a week after Evergrande and Kaisa. defaulted the markets have another property developer to worry about. Stephen Engle reports. Chinese property stocks plunged for a third day, heading Continue Reading
South Korea on Tuesday marked its deadliest day of the pandemic as an unrelenting, delta-driven spread stretched thin hospitals and left people dying while waiting for beds. Health experts warn Continue Reading
A proposed skyscraper in Shenzhen would grow food along the border of each of its 51 floors. A proposed Shenzhen skyscraper would include a 51-story hydroponic farm, as hopes grow Continue Reading
China punished and demoted 10 officials in the southern city of Guangzhou after thousands of banyan trees were cut down or uprooted by the local government, prompting a rare personal Continue Reading
The Omicron coronavirus variant has appeared for the first time in China, according to health authorities, piling pressure on officials already contending with an outbreak in one of the country’s Continue Reading
California will impose a statewide mask mandate in all indoor public spaces as COVID-19 case rates soar, the state’s senior government health official said on Monday as precautions ramp up Continue Reading
Israeli researchers said on Saturday they found that a three-shot course of the Pfizer/BioNTech (PFE.N) , (22UAy.DE) COVID-19 vaccine provided significant protection against the new Omicron variant. The findings were Continue Reading
More than a dozen Chinese-listed companies said they had suspended production in coronavirus-hit parts of China’s eastern Zhejiang province in response to local government’s tightened COVID-19 curbs, causing their share Continue Reading
Nearly two-thirds of US companies are planning to require at least some of their workers to get vaccinated against Covid-19 regardless of whether they are legally bound to do so, Continue Reading
Tens of thousands of people rallied in Vienna on Saturday in protest against restrictions introduced to halt the spread of coronavirus in Austria, including mandatory COVID-19 vaccines and home confinement Continue Reading
Britain faces a “tidal wave” of the Omicron variant of coronavirus and two vaccine doses will not be enough to contain it, Prime Minister Boris Johnson warned on Sunday, as Continue Reading
Britain said on Monday that the Omicron variant of coronavirus was spreading at a “phenomenal rate” and accounted for about 40% of all infections in London so people should get Continue Reading
Highlights Sales hit record high of 450,000 units in Nov Market share shoots to 17.8% of total vehicle sales China’s new energy vehicle sales reached an all-time high of 450,000 Continue Reading
A former Chinese finance minister criticized the country’s statistics for not properly reporting negative economic changes, with the rare harsh public statement from a senior figure highlighting long-standing concerns about Continue Reading
Fitch Ratings said China Evergrande Group EGRNF -5.70% and a second big property developer, Kaisa Group Holdings Ltd. 1638 1.10% , had defaulted after missing U.S. dollar bond payments. Kaisa, which in 2015 became one of the first Chinese Continue Reading
Highlights Daily coal truck hauls fell below 100 Supply tightness not expected amid soft demand Coal trucks hauled from Mongolia through Inner Mongolia’s Ganqimaodu border port have nose-dived after fresh Continue Reading
Sinopec Corp has set up a new subsidiary in Xiong’an, near Beijing, to specialize in the hydrogen fuel business, China’s second-largest oil and gas company said on Friday. Sinopec Xiong’an Continue Reading
New coronavirus infections in South Korea have been rising and breaking records daily. There were long lines at testing stations after they exceeded 7,000 for the first time on Wednesday Continue Reading
Australia’s accelerating energy transition will see half of all homes installed with rooftop solar in the early 2030s, helping to spur a faster exit from coal-fired power generation, according to Continue Reading
The U.S. is expanding COVID-19 boosters, ruling that 16- and 17-year-olds can get a third dose of Pfizer’s vaccine. The U.S. and many other nations already were urging adults to Continue Reading
BioNTech and Pfizer (PFE.N) said on Wednesday a three-shot course of their COVID-19 vaccine was able to neutralize the new Omicron variant in a laboratory test, an early signal that Continue Reading
The People’s Bank of China has never been politically independent like a Western central bank, but it has nonetheless enjoyed a special status in the nation’s economic hierarchy. Now, President Continue Reading
China Evergrande Group has officially been labeled a defaulter for the first time, the latest milestone in months-long financial drama that paves the way for a massive restructuring of the Continue Reading
The reemergence of COVID-19 in the Chinese Ningbo city, which houses state owned oil and gas major Sinopec’s flagship 27 million mt/year (540,000 b/d) Zhenhai Petrochemical refinery, will have little Continue Reading
China’s soybean demand in marketing year 2021-22 (October-September) is expected to remain robust as the domestic production forecast was lowered, the monthly China Agriculture Supply and Demand Estimates report released Continue Reading
A deadly virus can’t be ignored, jailed, exiled or co-opted — nor can it be locked down without great economic cost. That puts President Vladimir Putin of Russia in a Continue Reading
The US Energy Information Administration (EIA)’s December Short-Term Energy Outlook (STEO) remains subject to heightened levels of uncertainty related to the ongoing recovery from the COVID-19 pandemic. Notably, the emergence Continue Reading
The Omicron variant of the coronavirus can partially evade the protection from two doses of Pfizer Inc (PFE.N) and partner BioNTech’s COVID-19 vaccine, the research head of a laboratory at Continue Reading
The first in-depth laboratory study of the omicron variant of the coronavirus offers a mixed bag of bad news and good news. The bad: This variant is extremely slippery. It eludes a Continue Reading
Deaths. Melting tarmac. Power outages. These are the consequences of summer heatwaves that have become more intense across India, routinely pushing temperatures above 40 degrees Celsius. Even in the neighbouring Continue Reading
One evening in October, Meena Sonawane, a domestic worker living in a slum in the Mumbai suburb of Chembur, cooked dinner with the only food in her kitchen: rice. She Continue Reading
The Omicron variant of coronavirus forced governments across the world to tighten border controls, hasten vaccination drives and reinstate social distancing last week. But in Dalian, China, authorities reclassified the Continue Reading
Highlights Impact on trucking, depot activity yet to be ascertained Supply chain disruptions may add to cargo backlog China has imposed a 14-day lockdown at Zhenhai, one of the six Continue Reading
Highlights Exports seen rebounding in Q1: sources Steel production also seen rising in Q1 Jan-Nov net finished exports up 62% on year No ‘supply-side reform’ mentioned in Politburo meeting Tough Continue Reading
Highlights Huabei’s hydrogen purification capacity at 500 cu m/hour PetroChina has 5,500 kg/day hydrogen refilling capacity at Winter Olympics’ site in Beijing PetroChina’s hydrogen output capacity at 2.6 mil mt/year Continue Reading
The total number of reported coronavirus cases in the United States marched toward 50 million Tuesday, as the omicron variant — which experts worry may prove especially contagious — has spread to Continue Reading
The Omicron variant of the coronavirus is weeks away from becoming the dominant strain in parts of Europe, government officials and scientists say, as emerging evidence from the U.K., Norway Continue Reading
South African doctors say the rapid increase in COVID-19 cases attributed to the new omicron variant is resulting in mostly mild symptoms. (AP Photo/ Shiraaz Mohamed) As the omicron coronavirus Continue Reading
Russia and India signed Dec. 6 new energy cooperation agreements including a contract for Rosneft to ship almost 15 million barrels of crude to the world’s third-largest consumer of oil Continue Reading
China’s Communist Party has long maintained tight control over information, and the effort has intensified under leader Xi Jinping. The country has become increasingly opaque over the past year, even Continue Reading
China can’t meet its environmental goals without connecting its abundant sources of renewable energy with its coastal megacities. Unlike coal, wind and sunshine can’t be trucked to power plants closer Continue Reading
China has been one of the main drivers of the 2000-2014 commodities supercycle Slower economic growth and a huge debt bubble pose a tremendous risk to oil markets China’s Evergrande Continue Reading
To produce hydrogen using steam reforming of natural gas First plant with capacity of 1,400 mt/year in Gwangju State-owned Korea Gas Corp., one of the world’s biggest LNG buyers, Continue Reading
