Coronavirus Sends Panic Through Oil Markets
Oil continued to slide on Monday, with Brent dropping well below $60 per barrel, as panic around the coronavirus continues to mushroom. The number of casualties in China continues to Continue Reading
Tata launches ‘ecosystem’ to kickstart Indian clean vehicles
India’s Tata Group is making its biggest push yet toward clean vehicles with plans to make electric cars and batteries, set up charging stations and build a battery recycling plant, Continue Reading
Worries grow that quarantine in China is not enough to stem increasingly virulent coronavirus
Even as China takes more stringent measures to limit the movement of the vast country’s population during the biggest travel period of the year, and as the United States and Continue Reading
Containing the spread of the coronavirus is a forlorn hope
The world should be more anxious than it was a week ago. According to research published on Friday, a new Sars-like coronavirus has been present in China since December 1, Continue Reading
Coronavirus Live Updates: Hong Kong Restricts Travel From Mainland China as Infections Exceed 4,500
Death toll exceeds 100 as number of infections skyrockets. The outbreak of a mysterious new virus is rapidly spreading, the Chinese authorities said on Tuesday, as the official account of Continue Reading
Asia faces steep economic price as it moves to curb links with China over virus fears
The number of deaths from the coronavirus has risen to 106 in China with more than 4,565 cases of infection, even as countries in the region are also reporting more Continue Reading
China reports 4,515 confirmed cases of new coronavirus pneumonia, 106 deaths
Chinese health authorities announced Tuesday that 4,515 confirmed cases of pneumonia caused by the novel coronavirus (2019-nCoV) had been reported in 30 provincial-level regions by the end of Monday. A Continue Reading
Hong Kong bans entry of visitors from China virus province
Residents of China’s Hubei province, where the new coronavirus outbreak was first reported, will be banned from entering Hong Kong from Monday as China tries to halt the rapid spread Continue Reading
China to extend Spring Festival holiday to contain coronavirus outbreak
Chinese authorities on Sunday announced plans to extend the Lunar New Year holiday originally set to end on Jan. 30 “to a proper extent” as a key measure to control Continue Reading
China reports 2,744 confirmed cases of new coronavirus pneumonia, 80 deaths – Xinhua | English.news.cn
Chinese health authorities announced Monday that 2,744 confirmed cases of pneumonia caused by the novel coronavirus (2019-nCoV), including 461 in critical conditions, had been reported in the country by the Continue Reading
TEPCO Proposes 44-Year Plan To Decommission Fukushima No. 2 Nuclear Plant
About a decade ago, a powerful earthquake triggered a 15-meter tsunami that disabled the power supply and cooling of three reactors at the Fukushima Daiichi nuclear power plant. The accident Continue Reading
China extends holiday, businesses shut as virus toll rises to 81
The death toll from a coronavirus outbreak in China rose to 81 on Monday, as the government extended the Lunar New Year holiday and more big businesses shut down or Continue Reading
China virus outbreak pressures already weakened economy
A coronavirus outbreak in China which has killed 81 people and spread to many countries is expected to hurt its economy, an engine of global growth, though analysts say it Continue Reading
China’s Premier Tours Virus Epicenter as Anger Bubbles at Crisis Response
Chinese Premier Li Keqiang traveled to the epicenter of the country’s dangerous viral outbreak to meet infected patients and front-line health workers, signaling the Beijing leadership’s concern as public frustration Continue Reading
As Coronavirus Fears Intensify, Effectiveness of Quarantines Is Questioned
A top Chinese health official warned on Sunday that the spread of the dangerous new coronavirus, already extraordinarily rapid, is accelerating further, deepening global fears about an illness that has sickened Continue Reading
Officials confirm five U.S. cases of coronavirus after China travel
Five people in the United States, all of whom recently traveled from Wuhan, China, have been diagnosed with the new coronavirus, officials of the federal Centers for Disease Control and Continue Reading
China heads into Lunar New Year on shutdown as virus spreads to Europe
A new coronavirus that has killed 26 people in China was confirmed in Europe for the first time on Friday as it spreads despite Chinese attempts to quarantine the city Continue Reading
Unprecedented Chinese quarantine could backfire, experts say
China’s quarantine of more than 35 million people, almost certainly the largest in modern public-health history, is surprising and troubling experts who said such drastic restrictions rarely work and often backfire. Continue Reading
China Is Key To Global Fight Against Climate Change
China, the world’s largest greenhouse gas emission emitter, will be the key to the global action to fight carbon emissions and climate change, leading environmental economist Lord Nicholas Stern said Continue Reading
Latest US sanctions unlikely to end Iran-China crude flows: analysts
New US sanctions aimed at shutting down illicit petroleum and petrochemical trade between Iran and China will not substantially impact China’s status as the top importer of Iranian crude, with Continue Reading
China Expands Virus Lockdown, Encircling 20 Million
The authorities drastically expanded a travel lockdown in central China on Thursday, essentially penning in more than 22 million residents to contain a deadly virus that is overwhelming hospitals and Continue Reading
China To Ramp Up Shale Gas Production At Home
Despite the fact that United States President Donald Trump declared a truce between the U.S. and China in their more-than-a-year-long trade war in Switzerland this week, we shouldn’t expect to Continue Reading
China shuts transport, temples, Disneyland as virus toll rises to 25
China stepped up measures to contain a virus that has killed 25 people and infected more than 800, suspending public transport in 10 cities, shutting temples over the Lunar New Continue Reading
Why The Coronavirus Is A Real Threat To Oil Markets
It impairs your breathing, causes extreme fatigue and fevers. It kills. And beyond that, it’s keeping oil prices low by threatening to stifle oil demand in one of the world’s Continue Reading
Australia may seek to impose nationwide natural gas reservation policy
Australia’s federal government may seek a national gas reservation policy that could have ramifications for the country’s LNG exports at a time when it has become the largest LNG exporter Continue Reading
Analysis: Indonesia may increasingly favor US crude as Jakarta tightens belt
Jakarta slashes Pertamina’s crude import quota by 30 million barrels WTI trades at discount to light sweet Malaysian, Brunei grades Local refineries directed to use more domestic crude The Indonesian Continue Reading
China’s 2019 oil product exports jump 20% on year; 99% of export quotas utilized
China’s oil companies lifted exports of oil products — gasoline, gasoil and jet fuel — by 20.2% on the year to 55.36 million mt in 2019, having utilized 98.9% of Continue Reading
WHO says ‘bit too early’ to declare coronavirus a global emergency
The World Health Organization (WHO) said on Thursday it was “a bit too early” to declare a new coronavirus a global health emergency as China put millions of people on Continue Reading
China, India Emissions Pledges May Not Be Reducing Potent Pollutants, Study Shows
The manufacturing of HCFC-22, a refrigerant used in air conditioners, releases a greenhouse gas byproduct. Reducing this gas would be one of the least expensive methods to address climate change. Continue Reading
China’s Huanggang locked down over virus; Ezhou stops trains
Huanggang on Thursday became the second Chinese city to go into lockdown over the coronavirus outbreak that has killed 17 people and infected more than 630. Health authorities in the Continue Reading
Chinese Stocks Dive, Weigh on Global Markets
Global stocks slumped Thursday as China grappled with a worsening viral outbreak, leading investors to reassess the potential economic fallout world-wide. Futures linked to the Dow Jones Industrial Average edged Continue Reading
Scale of China’s Wuhan Shutdown Is Believed to Be Without Precedent
In closing off Wuhan, a city of more than 11 million people, China is deploying a centuries-old public health tactic to prevent the spread of infectious disease — this time, Continue Reading
Analysis: China’s oil product demand under pressure in Q1 as Wuhan virus limits travel
Highlights Wuhan city suspends all public transportation services, shuts airport Q1 jet fuel demand growth may slow to 3% from 7%-8% average Hong Kong’s jet fuel imports fell 37% on Continue Reading
The Trade War, Paused for Now, Is Still Wreaking Damage
Rozette Rago for The New York Times The trade war is de-escalating, at least for now. But the economic damage it caused could be far from over. Two years of Continue Reading
Wall Street falls as China virus reaches the U.S.
Wall Street lost ground on Tuesday, backing away from record highs as a viral outbreak from China found its way to U.S. shores and the International Monetary Fund (IMF) lowered Continue Reading
The Test a Deadly Coronavirus Outbreak Poses to China’s Leadership
Facing growing pressure to contain a deadly viral outbreak that has spread halfway around the world, China’s ruling Communist Party raced on Tuesday to confront the disease, slapping restrictions on Continue Reading
Pandemic fears grow as China virus toll rises to nine
The death toll from a new flu-like coronavirus in China rose to nine on Wednesday with 440 confirmed cases, Chinese health officials said as authorities stepped up efforts to control Continue Reading
Australia’s Wild Weather: First Fires, Now Baseball-Size Hail
It was the latest wild turn in this most extreme of Australian summers. Large hailstones have rained down on Sydney, Melbourne and Canberra over the past two days, destroying vehicles, punching Continue Reading
China Finds Oil In Asia’s Deepest Onshore Well
China National Petroleum Corporation (CNPC) has found crude oil and natural gas in the deepest well drilled in Asia’s onshore, striking hydrocarbons in a pre-salt layer for the first time in Continue Reading
China virus fears grow as human transmission and fourth death confirmed
With millions of Asians traveling on Tuesday for the Lunar New Year holiday, authorities in China confirmed that a new virus could be spread through human contact, reporting 15 medical Continue Reading
Phase 1 Trade Deal Won’t Spark An Oil Export Boom
What happens to world markets when China buys an additional $50 billion-plus in U.S. energy products over the next two years? For some analysts, as spectacular as this may sound Continue Reading
Pakistan to import 300,000 tonnes of wheat to meet flour crises
Pakistan on Monday approved the import of 300,000 tonnes of wheat to relieve a shortage of flour supplies that has created a crisis for the government of Prime Minister Imran Continue Reading
In Australia, fires heat up environmental movement
When the flames swept up from the cove through the gum trees, Neda Cettnic signaled frantically that it was time for her grandchildren to get off the roof. It was Continue Reading
Australia fires: Victoria braces for severe storms
Heavy rains have doused many of the country’s bushfires Forecasters have warned of severe storms in Australia’s fire-hit state of Victoria, which could lead to flooding. Recent heavy rains have Continue Reading
China’s Cheap Electric Vehicles Could Disrupt Global Markets
While Western automakers race to capture market share in the world’s biggest electric car market, China, hundreds of Chinese electric vehicle (EV) makers have sprung up in recent years to Continue Reading
Could Renewables Overtake Coal In China?
In September of last year Oilprice reported an incredible milestone for renewable energy when solar and wind power became cheaper than coal in most of the world. Now, a new Continue Reading
China’s falling birth rate threatens economic growth
Fewer than one in four women of child-bearing age in Shanghai is willing to have a second baby, exposing another threat to a Chinese economy that is already growing at Continue Reading
Trump’s China deal was pitched as boon for working class, but he celebrated with Wall Street titans
Standing against a backdrop of Chinese and American flags, President Trump welcomed by name a roster of corporate executives and Wall Street bankers to the signing of his landmark trade Continue Reading
New China virus: Number of cases jumps as infection spreads to Beijing
The majority of cases have been detected in the city of Wuhan The number of people infected with a new virus in China tripled over the weekend, with the outbreak Continue Reading
Single-use plastic: China to ban bags and other items
China has for years been struggling to deal with the rubbish its 1.4 billion citizens generate China, one of the world’s biggest users of plastic, has unveiled a major plan Continue Reading