Tesla Inc. has hit a real production snag in China. The electric carmaker’s Shanghai plant, its first outside the U.S., has had output suspended for almost three weeks due to Continue Reading
Bank of Japan Governor Haruhiko Kuroda faces another awkward communications challenge later this month when the central bank is poised to predict the strongest annual inflation since 1992 outside tax Continue Reading
China’s financial hub Shanghai reported over 27,000 coronavirus cases on Thursday, a new high, a day after President Xi Jinping said that the country must continue with its strict “dynamic Continue Reading
As the planet lurches toward catastrophic levels of warming, China’s biggest banks have been ratcheting up their financing of the dirtiest fossil fuel of all: coal. Chinese lenders have helped Continue Reading
Russia is offering deep discounts for its crude following a wave of sanctions on its energy industry. While China and India are still buying some discounted oil, logistical hurdles are Continue Reading
Small-scale private refining capacity’s share fell to 21% in 2021 Call for more oil product export quota to offset stock pressure NEV sales up despite fall in total car sales Continue Reading
China consumption estimate reduced by 925,000 b/d in April Global market now seen in balance for much of the year The International Energy Agency cut its forecast for global oil Continue Reading
China’s crude oil imports slipped 14% in March compared with the same month a year earlier, extending a two-month slide as independent refiners curbed purchases under narrowing margins and large Continue Reading
CNOOC preparing to exit Britain, Canada, U.S. -sources Beijing concerned over growing tension with West Production in three countries reached 220,000 boed last year LONDON/SINGAPORE, April 13 (Reuters) – China’s Continue Reading
The Chinese commercial capital of Shanghai warned on Wednesday that anyone who violates COVID-19 lockdown rules will be dealt with strictly, while also rallying citizens to defend their city as Continue Reading
