A fire that ripped through a New South Wales power station on the weekend will not affect electricity supply, the Australian Energy Market Operator (AEMO) said on Sunday, ruling out Continue Reading
Monsoon rains caused widespread flooding in northeastern Bangladesh and India, stranding nearly 6 million people, authorities said on Saturday, warning the situation could worsen. The flooding in Bangladesh, described by Continue Reading
Chinese state-owned energy companies are negotiating investments in the expansion of Qatar’s North Field and are ready to close long-term supply contracts, Reuters has reported , citing unnamed sources. The Continue Reading
China’s May gasoline exports fell 45.5% from a year earlier and diesel exports plunged 92.7% despite stalling domestic demand, as companies ran short of export quotas, Chinese customs data showed Continue Reading
Residents queue for a Covid-19 test in the Hongkou district of Shanghai, China, on June 11. Bloomberg News China’s biggest cities are doubling down on Covid-19 testing in a bid Continue Reading
Chinese refining rates have dropped significantly since last May despite soaring fuel prices in the region. Officially, China is limiting the export quotas to discourage refiners from producing excessive amounts Continue Reading
Highlights Traders see new China export quotas just drop in bucket China to focus on exporting more gasoline than gasoil China unlikely to inject more jet fuel supplies into Asia Continue Reading
European countries are experiencing a surge in Covid-19 hospitalisations driven by sub-variants of the highly infectious Omicron strain, threatening a fresh global wave of the disease as immunity levels wane Continue Reading
India is proposing to settle trade with Russia in rupees, according to a person with knowledge of the matter, as the South Asian nation presses ahead with purchases of oil Continue Reading
Australia, the world’s top exporter of coal and liquefied natural gas, is battling a power crunch, posing major challenges for the country’s new Labor government that wants to speed up Continue Reading
