China’s crude imports in November rebounded 14.3% to 10.21 million b/d from the 39-month low in October as refineries had to increase buying to meet throughput demand, data from General Continue Reading
New York will require all private-sector workers in the city to be vaccinated against Covid-19, in what would be the strictest vaccine mandate to be imposed anywhere in the US. Continue Reading
Highlights Electrolyzer manufacturing capacity to reach 1.5-2.5 GW in 2022 Focus on leveraging manufacturing expertise to lower costs Overseas equipment orders to start coming in from 2022 China is rapidly Continue Reading
Demand for coronavirus vaccines has spiked in the United States in recent weeks, as more Americans are eligible for booster shots and concerns grow over the omicron variant. Health-care providers Continue Reading
The World Petroleum Congress kicks off this week with a sharply trimmed roster of energy executives and government ministers to grapple with the oil market’s future as the spread of Continue Reading
Brazil received the most cargoes previous three months Narrowing spreads could change trade flows again China was the top destination for US LNG in November, after three consecutive months with Continue Reading
China’s economy will become more dependent on its domestic market even as it opens up further for global trade, former Chongqing mayor Huang Qifan said at the annual International Finance Continue Reading
Germany’s health minister said Friday that more than 1% of the population — almost a million people — are currently infected with the coronavirus, and called on citizens to get Continue Reading
The Omicron variant has been linked to a substantial rise in coronavirus reinfections in South Africa compared with previous waves, according to the first detailed study into the heavily mutated Continue Reading
Image caption, South Africa’s president has urged everyone to get vaccinated The new coronavirus variant Omicron has now become dominant in South Africa and is driving a sharp increase in Continue Reading
The reproductive number, a measure of how fast the virus spreads, has surged to a record in Gauteng, the center of South Africa’s omicron variant outbreak. The reproductive number rose Continue Reading
State-run Coal India (COAL.NS) auctioned 3.2 million tonnes of coal exclusively for the non-power sector in November, a senior company official said, more than five times the volume auctioned a Continue Reading
New York state reported 11,300 new Covid-19 cases, the most since January, as dozens of hospitals neared capacity. Total patients hospitalized for the virus have climbed by more than 1,000 Continue Reading
China’s Zhejiang Hangjiaxin Clean Energy has signed a framework agreement with Russian energy company Novatek’s Asian subsidiary for a long-term LNG supply deal, the Chinese city gas distributor said Dec. Continue Reading
China’s rush for long-term LNG contracts with the US has been triggered by record high spot LNG prices but the deals also reflect pent up demand for uncontracted volumes, attractive Continue Reading
The World Health Organization (WHO) said on Monday the Omicron coronavirus variant carried a very high risk of infection surges as more countries closed borders, casting a shadow over economic Continue Reading
Global jet fuel markets stayed under pressure on Tuesday as more countries expanded border restrictions to keep the new Omicron coronavirus variant at bay, prompting travellers to reconsider their plans. Continue Reading
Drugmaker Moderna’s CEO (MRNA.O) set off fresh alarm bells in financial markets on Tuesday after he warned that COVID-19 vaccines were unlikely to be as effective against the Omicron variant Continue Reading
The chief executive of Moderna has predicted that existing vaccines will be much less effective at tackling Omicron than earlier strains of coronavirus and warned it would take months before Continue Reading
A design flaw in the reactor pressure vessel could be the cause of a problem that was made public in June at French company EDF’s jointly-owned nuclear power plant in Continue Reading
ExxonMobil (XOM.N) is continuing preparatory work for its Ca Voi Xanh (Blue Whale) gas project in Vietnam, it said on Monday, with a final investment decision dependent on factors including Continue Reading
Just inland of Australia’s east coast, roughly 200 miles from the Great Barrier Reef, a single coal mine run by Glencore Plc emitted so much super-warming methane in a year Continue Reading
China expects to hold the 2022 Winter Olympics “smoothly” and on schedule, despite challenges posed by the emergence of the new Omicron coronavirus variant, foreign ministry spokesman Zhao Lijian told Continue Reading
Lackluster consumption, property investment to weigh on manufacturing Steel demand from vehicle, home appliance showed no improvement Passenger car output to rise in 2022, but growth limited China’s manufacturing purchasing Continue Reading
As cases of a new coronavirus variant are confirmed around the world, Japan announced Monday that it will suspend entry of all foreign visitors, joining an increasing number of countries Continue Reading
Highlights Sinopec raises utilization rate despite maintenance Independents’ run rates boosted by good margins December run rates likely stable In line with market expectations, the average utilization rate at China’s Continue Reading
China could face more than 630,000 COVID-19 infections a day if it dropped its zero-tolerance policies by lifting travel curbs, according to a study by Peking University mathematicians. In the Continue Reading
The identification of a new, highly-mutated variant of the coronavirus virus in southern Africa this week highlights the risk to global public health posed by large, unvaccinated populations in the developing world, Continue Reading
China’s increasingly extreme Covid Zero policies are standing in the way of a full recovery for the shipping industry and prolonging a crisis that’s snarled ports and emptied shelves worldwide. Continue Reading
Merck & Co (MRK.N) said on Friday updated data from its study of its experimental COVID-19 pill showed the drug was significantly less effective in cutting hospitalizations and deaths than Continue Reading
A total of 61 people who arrived in the Netherlands on two flights from South Africa on Friday tested positive for the coronavirus and were in isolation on Saturday as Continue Reading
Reliance Industries (RELI.NS) and Saudi Aramco (2222.SE) have called off a deal for the state oil giant to buy a stake in the oil-to-chemicals business of the Indian conglomerate due Continue Reading
China’s energy crisis won’t derail plans to make progress on curbing greenhouse gas emissions in the next few years, according to a top researcher involved in drafting proposals. The 2025 Continue Reading
A new data protection law is changing the calculus for doing business in China, with foreign and domestic firms scrambling to comply, and some companies including LinkedIn and Yahoo choosing to Continue Reading
Asia has seen a run in natural gas supplies, and prices are simply not easing up. Asia’s problem with natural gas supplies may not be limited to this winter alone. Continue Reading
An employee of Tokyo Electric Power Co. (TEPCO) looks up at a tank reserved for storing treated water at the tsunami-crippled Fukushima Daiichi nuclear power plant in Okuma town, Fukushima Continue Reading
tSpectrum Health, a major health-care system here, officials spent part of last week debating whether to move to “red status” in a show of how strained hospitals had become. A Continue Reading
A new variant of the coronavirus that causes Covid-19 — called B.1.1.529 — has been identified in South Africa, with officials there saying it’s highly concerning. Fears that a new Continue Reading
Britain said on Friday that a newly identified coronavirus variant spreading in South Africa was considered by scientists to be the most significant one yet found and so it needed Continue Reading
European Union nations were moving to stop air travel from southern Africa on Friday, seeking to counter the spread of a new COVID-19 variant as the 27-nation bloc battles a Continue Reading
As countries across Europe reimpose lockdowns in response to surging COVID-19 cases and deaths, the UK – long one of Europe’s hardest-hit countries — carries on with a policy of Continue Reading
Pakistan’s petrol retailers began a nationwide strike on Thursday as the main industry body flagged low-profit margins, exacerbated by the government’s move to raise taxes and boost revenue under its Continue Reading
Asian oil refiners are starting to see a recent resurgence in profitability go into reverse, eroding a source of demand strength that helped drive crude prices to an seven-year high Continue Reading
New coronavirus infections in South Korea exceeded 4,000 in a day for the first time since the start of the pandemic as a delta-driven spread continues to rattle the country Continue Reading
China’s Foreign Ministry: volume of SPR release will be according to China’s needs Foreign Ministry declined to comment on whether the release was a coordinated effort with the U.S. The Continue Reading
Japanese refiners are dusting off unused supply chains for fuel oil and getting coastal vessels and storage tanks ready after receiving requests from electric utilities to supply more fuel oil Continue Reading
Carbon dioxide emissions in China have fallen for the first time since last year’s lockdown, the latest signal the property sector downturn and energy shortages have hit industrial demand in Continue Reading
Germany’s grim milestone; EU’s vaccine validity travel limit. The European Union will recommend a 9-month time limit for the validity of Covid-19 vaccinations for travel into the bloc and also Continue Reading
WATCH: Woodside CEO O’Neill discusses the company’s partnership with BHP on a LNG project, limiting emissions from the project and the market for LNG. A $12 billion liquefied natural gas Continue Reading
Japan will release a few hundred thousand kilolitres of oil from its national reserve, but the timing of the sale has not been made, the country’s industry minister, Koichi Hagiuda, Continue Reading
