Honda will introduce more than 10 new electric motorcycle models by 2025, with an aim to reach annual electric motorcycle sales of 1 million units within the next five years, Continue Reading
China’s August gasoline exports rose 97.4% from a year earlier, customs data showed on Sunday, as refiners took advantage of fresh export quotas amid faltering domestic demand. Gasoline shipments were Continue Reading
Kazakhstan’s vast Kashagan oilfield, where production sharply declined following an emergency gas release last month, will resume output at usual levels “in October at best”, Kazakh Energy Minister Bulat Akchulakov Continue Reading
A drill rig under construction is seen at an offshore island in the northern Caspian Sea, part of the Kashagan oilfield, October 11, 2012. Up to 12 billion barrels of Continue Reading
Indian prime minister Narendra Modi has told Russian president Vladimir Putin that now is “not an era of war”, in some of his most pointed public remarks yet about Russia’s Continue Reading
RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… Chinese President Xi Jingping met Continue Reading
Underlining Russia’s widening isolation on the world stage, Prime Minister Narendra Modi of India told President Vladimir V. Putin on Friday that it is no time for war — even Continue Reading
Harish Pullanoor spent his weekends in the late 1980s tramping around the marshes and ponds of Yemalur, an area then on the eastern edge of the Indian metropolis of Bengaluru, Continue Reading
Saudi Arabia emerged as the second-biggest oil supplier to India after a three-month gap, overtaking Russia by a thin margin, while Iraq retained the top spot in August, data from Continue Reading
Japan shutdown its nuclear plants following the 2011 Fukushima disaster. Nuclear energy is beginning to gain political and public support in Japan. The country’s prime minister recently announced the restart Continue Reading
China’s Policymakers Are Facing a Few Constrains: S&P Says Bloomberg News Six months after China’s government set ambitious economic targets for the year, growth has slowed so sharply that several Continue Reading
Asia’s crude oil imports are on track for another soft month in September, as the world’s top-importing region battles uncertain demand amid high retail fuel prices. Asia’s imports are estimated Continue Reading
China’s biggest banks lowered their benchmark deposit rates across the board for the first time since 2015, a move designed to help them boost lending to shore up growth in Continue Reading
Shanghai gradually started returning to normal on Thursday after Typhoon Muifa brought strong winds and heavy rain to the financial and shipping hub overnight. The region’s ports began to reopen, Continue Reading
Ongoing coronavirus lockdowns impacting Chinese demand China also diversifying crude imports from other suppliers Further expanding energy cooperation is set to be high up the agenda when Russian President Vladimir Continue Reading
India is fast catching up with China in its thermal coal imports, as the world’s two biggest overseas buyers of the power generation fuel adjust purchases to align them with Continue Reading
China faces its biggest annual drop in oil demand in more than three decades as Covid-19 lockdowns and a property crisis weigh on growth in the world’s No. 2 consumer, Continue Reading
Residents of a city in China’s far west Xinjiang region say they are experiencing hunger, forced quarantines and dwindling supplies of medicine and daily necessities after more than 40 days Continue Reading
Residents of China’s west, frustrated by monthslong Covid-19 restrictions that failed to extinguish outbreaks, are increasingly taking to social media to air their grievances, marking a potentially embarrassing backdrop for Continue Reading
Russia and China are making moves to dethrone the U.S. dollar in global oil markets. Russian and Chinese hydrocarbon giants, Gazprom and China National Petroleum Corporation, have agreed to switched Continue Reading
Crude oil production in Kazakhstan, which is part of the OPEC+ output deal, plunged by 13% in August from July due to regular maintenance at one giant field and an Continue Reading
Farmers stranded by unprecedented floods that have submerged huge swathes of Pakistan are running low on feed for their cattle, officials said on Tuesday, as airdropping supplies proved a difficult Continue Reading
Metal prices powered to new highs in Spring on fears that rapidly rising energy costs would restrain supply. Bad news in China, however, has squashed those concerns. China’s zero-Covid policy Continue Reading
China’s southwestern province of Yunnan has ordered producers of electrolytic aluminium to reduce their power usage this week, the companies told Reuters on Tuesday. Yunnan’s decision is another sign that Continue Reading
The latest US effort to reduce reliance on China is striking hard at the Asian nation’s biotech stocks, as investors price in more indications of decoupling between the world’s two Continue Reading
Japan’s biggest oil refiner is drawing up plans to consolidate production as domestic demand slumps because of a shrinking population and efforts to cut emissions. Eneos Holdings Inc. has an Continue Reading
A northeastern province that was once one of China’s major coal and industrial hubs has launched a 600 billion yuan ($87 billion) plan to expand clean energy production. Liaoning province Continue Reading
Draconian Covid-related lockdowns have a direct and significant effect on China’s economic growth. The extended Covid-19 lockdown in Chengdu last week has led to a sharp selloff in crude oil Continue Reading
Authorities in Pakistan are scrambling to protect a vital power station supplying electricity to millions of people against a growing threat of flooding, officials said on Monday, taking steps such Continue Reading
A worker carries coal in a basket in a industrial area in Mumbai, India May 31, 2017. REUTERS/Shailesh Andrade/File Photo NEW DELHI, Sept 12 (Reuters) – India may need up Continue Reading
The Biden administration plans next month to broaden curbs on U.S shipments to China of semiconductors used for artificial intelligence and chipmaking tools, several people familiar with the matter said. Continue Reading
The battle for the future of Australia’s climate policy is no longer about whether to cut carbon emissions — it’s about how fast to act. On one side, pro-climate lawmakers Continue Reading
This year, China’s annual oil demand may fall for the first time since 2002, largely driven by the country’s Covid policies. Minimal travel is expected during local holidays this September Continue Reading
Russian President Vladimir Putin confirmed Wednesday while addressing the Eastern Economic Forum (EEF) in Vladivostok that he will soon meet with Chinese President Xi Jinping, which will mark a significant Continue Reading
Illustration: Itziar Barrio Gautam Adani’s fortune is gaining on that of Jeff Bezos and Elon Musk. Creating a global empire to match may prove harder, though, beyond the political connections Continue Reading
India imposed controls on exports of several varieties of rice on Friday, in a move likely to affect the global market for one of the most commonly eaten staple foods Continue Reading
Amid skyrocketing inflation, India has increased its imports of Russian crude oil as other countries are attempting to fix the price to restrict Russia’s oil revenues. “In a situation where Continue Reading
China fuel demand could drop 380,000 bpd in 2022 -Energy Aspects Crude imports down 4.7% for Jan-Aug, 1st period drop since at least 2004 Road congestion down 50% in COVID-locked Continue Reading
Tens of millions of Chinese confined at home, schools closed, businesses in limbo and whole cities at a standstill. Once again, China is locking down enormous parts of society, trying Continue Reading
Tesla (TSLA.O) sold 76,965 Chinese-made vehicles in August, nearly triple its sales from a month ago, as it quickened deliveries after ramping up output at its Shanghai plant. The U.S. Continue Reading
China’s imports of major commodities were mixed in August, with ongoing weakness in crude oil and natural gas but strength in coal and copper. However, where recovery was evident, probably Continue Reading
Debt sales in dollars are running at their lowest in 11 years Bloomberg News China has surged ahead of the US for corporate bond deals in its yuan credit market Continue Reading
Azerbaijan and Uzbekistan are forging tighter partnerships as they look to bypass Russian trade routes. The landmark deal outlines joint projects in the oil and gas, petrochemical and renewable energy Continue Reading
The town of Khairpur Nathan Shah was flooded suddenly one-night last week when embankment defenses in the area gave way under the volume of water pushing against them. —This used Continue Reading
Highlights India’s 2022 LNG imports to drop 13% on year: S&P Global Demand destruction sets in amid high prices Players forced to ration supplies, optimize current term supplies LNG imports Continue Reading
An aerial view shows containers and cargo vessels at the Qingdao port in Shandong province, China May 9, 2022. Picture taken with a drone. China Daily via REUTERS BEIJING, Sept Continue Reading
The export boom that has powered China’s economy through the pandemic decelerated in August, reflecting the impact from rising inflation and slowing growth elsewhere in the world. The larger-than-expected slowdown Continue Reading
China’s crude oil imports in August were 1.1 million bpd lower than the year-ago period and its exports were lower than expected, the latest data suggests. China imported 9.35 million Continue Reading
State energy giants Gazprom (GAZP.MM) and China National Petroleum Corporation (CNPC) signed several agreements on Tuesday, including on the use Russian roubles and Chinese yuan to pay for Russian natural Continue Reading
India extended a deadline for coal-fired power plants to install equipment to cut sulphur emissions by two years, the government said in a notification on Tuesday, marking the third push Continue Reading
