Crude throughputs at China’s refineries extended the falling trend in October, with both state-owned oil companies and independent refineries cutting run rates amid weakening refining margins. Receive daily email alerts, Continue Reading
Pfizer is one of four companies with large, late-stage clinical trials underway in the United States.Credit…Brendan Mcdermid/Reuters After weeks of dangling the possibility of early coronavirus vaccine results by October, Continue Reading
The United States, Russia, France and many other countries are setting records for coronavirus infections as a tidal wave of cases washes over parts of the Northern Hemisphere, forcing some Continue Reading
Japan will be carbon neutral by 2050, its prime minister said on Monday, making an ambitious pledge to sharply accelerate the country’s global warming targets, even as it plans to Continue Reading
Brazil climbed to number three among China’s crude oil suppliers last month thanks to continued purchases by independent refiners, whose quotas for imported crude oil are running out. Imports of Continue Reading
Vietnam is preparing to evacuate nearly 1.3 million people as it braces for the impact of typhoon Molave, which lashed the Philippines overnight causing flooding, landslides and leaving at least Continue Reading
China has contained the coronavirus with only localized and short-lived restrictions since April. Foreign direct investment in China largely held steady during the first half of this year, even as Continue Reading
“Certainly, the Chinese are not going to meet the commitments,” said Scott Kennedy, a senior adviser at the Center for Strategic and International Studies. “The trend lines don’t look good Continue Reading
The world’s largest automotive market, China, is looking to become a dominant player in the rising global electric vehicle market. Chinese EV manufacturers are expected to start expanding overseas, while Continue Reading
The second wave of coronavirus cases in the world is impacting global oil demand “maybe a little bit more than we thought” in the second half of this year, BP’s Continue Reading
