Crude oil buyers in Asia are concerned that an unexpected cancellation of an OPEC+ meeting to discuss a rise in output could drive oil prices even higher and hurt their Continue Reading
ENN LNG (Singapore) Pte Ltd, a unit of private Chinese gas distributor ENN Group, has agreed via a tender to buy about 26 cargoes of liquefied natural gas (LNG) for Continue Reading
A key mining region in Australia, the world’s top exporter of metallurgical coal used in steelmaking, is producing vastly more methane emissions than global competitors, according to new analysis. For Continue Reading
A massive plume of methane, the potent greenhouse gas that’s a key contributor to global warming, has been identified in China’s biggest coal production region. The release in northeast Shanxi Continue Reading
The fast spread of the Delta variant of the coronavirus in much of the world is thwarting plans in many countries to lift lockdowns and reopen economies, a major setback to Continue Reading
The variant-driven coronavirus outbreak that public health officials across Africa had warned about for months is underway — and it’s happening without the urgently needed ramping up of the continent’s access Continue Reading
India’s official coronavirus death toll crossed the 400,000 mark, as the nation continued to grapple with the fallout of a devastating spring surge in cases, an outbreak that was driven Continue Reading
The vast majority of new coal-power plants being planned will struggle to make back their upfront costs, including all of those under construction in China, according to a new report Continue Reading
The highly contagious Delta variant of the coronavirus is surging through Asia this week, with record numbers of infections in Australia and South Korea, prompting some countries to tighten curbs Continue Reading
Chevron Corp (CVX.N) and its partners in the Gorgon LNG project off Western Australia have agreed to go ahead with a $4 billion project to improve gas recovery from offshore Continue Reading
With a climate and topography ill-suited for large-scale wind power generation on land, the country looks out to sea for its clean energy ambitions The offshore substation collects and sends Continue Reading
Following a joint statement with China addressing the climate crisis on April 17th, the US submitted a new ‘nationally determined contribution’ (NDC) at the virtual summit led by Biden on Continue Reading
While not a complete wash-out, the summer tourism season vital to southern Europe’s economies will be less than sizzling as the Delta coronavirus spreads and travel hurdles keep British and Continue Reading
The number of new coronavirus cases increased across Europe for the first time in 10 weeks, the World Health Organization said Thursday, ending a stretch that had raised hopes the Continue Reading
For Pelagia Bvukura, who lives in a rural part of north-central Zimbabwe, COVID-19 had always been a “city disease,” affecting those in the capital, Harare, or other, distant big towns. Continue Reading
India’s fuel demand, hit by a deadly second wave of coronavirus, would recover to pre-pandemic levels by the end of this year, oil minister Dharmendra Pradhan said on Tuesday. Local Continue Reading
Expansion in China’s factory sector slowed in June, as export demand weakened while supply bottlenecks held back production, official data showed Wednesday. Equally worrying, China’s services sector, a persistent laggard Continue Reading
Kim Jong Un said North Korea’s Covid-19 situation has become grave and admonished senior officials for lapses in the fight against the disease.Mr. Kim, speaking at a Politburo meeting, didn’t Continue Reading
A couple take a picture at an open air cinema on the Museum Island in Berlin, on June 16, 2021. He also told officials that he estimated the variant now Continue Reading
Southern European countries are in the unenviable position of having to restrict foreign tourism or risk the rapid spread of the Delta coronavirus variant, as economists warn of another disappointing Continue Reading
Countries across the Asia-Pacific region are scrambling to slow the spread of the more infectious Delta variant, reimposing restrictions and stay-at-home orders in a jarring reminder — for societies that Continue Reading
Australia’s oil industry lobby group on Tuesday slammed as “extreme” the amount the government has proposed as a levy on all of the country’s offshore oil producers to cover the Continue Reading
PetroChina to suspend July exports Gasoline exports to slump 98% to 30,000 mt New quota allocation delay Chinese oil companies are likely to slash their July gasoline, gasoil and jet Continue Reading
The rapid spread of the delta coronavirus variant has forced a growing number of countries to reimpose lockdowns and other public health restrictions, raising fears that the more contagious variant Continue Reading
Just when it looked like Iraq was becoming a regional leader it decided to halt a $2 billion pre-paid oil supply deal with China’s state-owned Zhenhua Oil Co. despite aims Continue Reading
The giant Baihetan hydropower plant on the upstream branch of China’s Yangtze river has begun generating electricity for the first time on Monday, state broadcaster CCTV reported. The project’s first Continue Reading
Russia has introduced tough new restrictions including regional lockdowns and compulsory vaccinations in a belated response to a third coronavirus wave sweeping the country. President Vladimir Putin has rowed back from Continue Reading
The glaciers of the Tian Shan mountain range in northwestern China had lost about a quarter of their ice mass since the 1960s when this image was captured, in November Continue Reading
Highlights High throughput, low exports lead to weak product sales Zhejiang Petrochemical Co. delays startup of its fourth CDU The average utilization rate of China’s four state-owned refineries rose by Continue Reading
Tesla Inc. Model 3 vehicles at the company’s Gigafactory in Shanghai in 2019. Tesla Inc. plans to recall more than 285,000 electric vehicles sold in China to address risks associated Continue Reading
India’s oil-to-telecoms conglomerate Reliance Industries plans to invest more than US$10 billion in three years in a new business unit that will build solar module, battery storage, electrolyser, and fuel Continue Reading
The Biden administration said Thursday it banned U.S. imports of a key solar panel material from Chinese-based Hoshine Silicon Industry Co (603260.SS) , but stopped short of imposing a ban Continue Reading
The first deepwater gas field fully operated by a Chinese company, Lingshui 17-2, started production on Friday, the country’s national offshore producer CNOOC Ltd (0883.HK) said. The gas project, in Continue Reading
The Biden administration banned the import of solar panels and other goods made with materials produced by a Chinese company that it accused of using forced laborers from China’s Xinjiang Continue Reading
Nearly all COVID-19 deaths in the U.S. now are in people who weren’t vaccinated, a staggering demonstration of how effective the shots have been and an indication that deaths per Continue Reading
Some covid-19 patients say that after their immediate illness subsided, they suffered lingering symptoms for months, including fatigue, insomnia, brain fog and respiratory problems. This has become informally known as Continue Reading
The share of Middle Eastern crude in India’s oil imports fell to a 25-month low in May, tanker data provided by trade sources showed, as refiners tapped alternatives in response Continue Reading
At a silicon factory in China’s northwestern desert, Uyghur workers man electric furnaces that reach more than 2,000 degrees. Those with college degrees can earn about $600 a month running Continue Reading
The lack of available storage in China had limited the import of light cycle oil in May and June, ahead of the implementation of a new consumption tax on June Continue Reading
Coal needed to provide backup power Feedstock for hydrogen production CCUS a top priority for China China’s strategy to achieve net zero will require large-scale deployment of carbon capture, usage Continue Reading
China National Petroleum Corporation (CNPC)’s Dalian Petrochemical Corp refinery is seen near the downtown of Dalian in Liaoning province, China July 17, 2018. Picture taken July 17, 2018. REUTERS/Chen Aizhu/Files Continue Reading
The super-contagious Delta variant of the coronavirus is now responsible for about one in every five Covid-19 cases in the United States, and its prevalence has doubled in the last Continue Reading
The rapid spread of the delta variant of the coronavirus is poised to divide the United States again, with highly vaccinated areas continuing toward post-pandemic freedom and poorly vaccinated regions threatened Continue Reading
African countries from Uganda to South Africa are buckling under a ferocious third wave of coronavirus infections as the continent falls far behind the rest of the world in vaccinations. The Continue Reading
More than 90 countries are using Covid shots from China. Experts say recent infections in those places should serve as a cautionary tale in the global effort to fight the Continue Reading
In a dramatic reversal of fortunes, Beijing has announced huge cutbacks in import quotas for the country’s private oil refiners. According to Reuters, China’s independent refiners have been awarded a Continue Reading
Australia’s largest city of Sydney re-introduced “soft touch” COVID-19 curbs on Wednesday to contain a widening outbreak of the highly infectious Delta variant, mandating masks in offices while neighbouring states Continue Reading
Highlights China’s bitumen imports hits all-time high of 4.16 mil mt in May Imports as of June 12 still high at around 1.4-1.5 mil mt China’s independent refineries and trading Continue Reading
Nuclear propulsion for cargo vessels spurred by carbon regulation Samsung sees nuclear power as potential eco-friendly shipping option Reactor design could also be used in floating power plants South Korea’s Continue Reading
The highly transmissible Delta variant of the Covid-19 virus is spreading so rapidly in the U.S. that it could become the dominant strain in the next two to three weeks, researchers said, Continue Reading
