What’s Biden’s New China Policy? It Looks a Lot Like Trump’s
Whoever wins the presidential election, one thing is clear: The U.S. has turned a corner in its relations with China and is likely to maintain a harder line. In the Continue Reading
Kazakhstan’s Tengiz output drops 100,000 b/d in Q2, 12% on year, on OPEC+ cuts
Crude production from Kazakhstan’s highest-producing oil field, Tengiz, dropped 12% on the year in the second quarter to 570,000 b/d, figures from the Chevron-led operating consortium showed Sept. 9, reflecting Continue Reading
IOC chartered fully laden VLCC leaks fuel on high seas
The fully laden Indian Oil Corp., or IOC, chartered super tanker is leaking oil, likely from its fuel tanks but the 260,000 mt crude cargo is still safe, several sources Continue Reading
China Set To Debut “Next Gen” Nuclear Power Plant
Bill Gates better hurry up and build those “homegrown” nuclear reactors across the Pacific Northwest, because China is already on track to outpace the US in applying the newest generation Continue Reading
Why would anyone finance another coal power plant in China?
Government officials and state-owned energy enterprises in China are currently debating another wave of coal power investment, despite a severely diminished business case for the technology. These companies that own Continue Reading
China 5-Year Plan to Boost Crude, Metal, Farm Goods Reserves
China’s next five-year plan beginning in 2021 will call for increases to its mammoth state reserves of crude, strategic metals and farm goods, said officials familiar with the discussions. Beijing is Continue Reading
China auto sales up 6% in August, down 15.4% year-to-date
China’s car sales rose 6% in August over a year earlier as the industry’s biggest market recovered from the coronavirus pandemic, but purchases for the year to date were off Continue Reading
Russia’s Gazprom Boosts Natural Gas Supplies To China
Russia’s natural gas monopoly Gazprom has increased its natural gas supply to China via the new pipeline Power of Siberia in July and August, compared to June, a senior Gazprom Continue Reading
U.S. firms in China increasingly fear bilateral tensions will last for years: survey
U.S. companies in China are increasingly fretful that trade tensions between the world’s two biggest economies will drag out over years and nearly a third said their ability to retain Continue Reading
China Looks To Build Espionage Hub In Iran Under 25-Year Deal
The next phase of the 25-year deal between China and Iran will focus on a large-scale roll-out of electronic espionage and warfare capabilities focussed around the port of Chabahar and Continue Reading