China’s total crude oil imports surged 7.3% in 2020 despite the coronavirus shock earlier in the year, with record arrivals in the second and third quarters as refineries expanded operations and low prices encouraged stockpiling, data showed […]
Global oil demand is set to rise by 5.9 million barrels per day (bpd) in 2021 from an estimated average demand of 90 million bpd in 2020, OPEC said on Thursday, leaving its 2021 demand […]
Oil prices fell on Monday on renewed concerns about global fuel demand amid strict coronavirus lockdowns in Europe and new movement restrictions in China, the world’s second-largest oil user, after a jump in cases there. […]
Sydney, 11 January (Argus) — Australia is on track to be more dependent on China for its exports, according to latest trade data, despite the trade tensions that emerged last year between the two countries. China was […]
Tesla is shaking up the competition once again with the release of its new ModelY in China for a lower-than-expected price that’s reportedly causing a run of advance orders. On the first day of 2021, […]
Despite all of China’s aggressive efforts to shore up their energy autonomy over the course of this year, the precariousness of Beijing’s energy security has been thrown into the spotlight in recent weeks as the […]
Total US crude exports averaged 2.73mn b/d in November, down from 2.91mn b/d in October, according to trade data released today by the US Census Bureau. China had been the top destination for US crude […]
The United States is doubling down on nuclear power and propulsion systems in the new space race with China. The Trump Administration unveiled in the middle of December a National Strategy for Space Nuclear Power and Propulsion, the […]
China, the world’s biggest auto market, has set a target for NEVs, including plug-in hybrids and hydrogen fuel cell vehicles, to make up 20 per cent of auto sales by 2025, up from 5 per […]
BERLIN (Reuters) – Negotiations between the European Union and China on an investment agreement have stalled at the last stretch because China is raising additional demands on nuclear energy, German magazine WirtschaftsWoche reported on Wednesday. […]
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