SINGAPORE/BEIJING China has issued a new and final batch of refined fuel export quotas for 2020 totalling 3 million tonnes, including its first sizeable quota to a giant private refiner, two industry officials with knowledge of the matter said on Monday.
* Total subsidy for 2021 set at 5.95 bln yuan - finance
SINGAPORE/BEIJING China's commercial oil stockpiling sector, which emerged as a key swing buyer of crude as prices plunged earlier this year, is setting plans to grow again in 2021, supporting a further boost in imports.
SINGAPORE/BEIJING, Nov 18 China's commercial oil
stockpiling sector, which emerged as a key swing buyer of crude
as prices plunged earlier this year, is setting plans to grow
again in 2021, supporting a further boost in imports.
* Largely balanced on higher domestic output, record LNG
(Adds comment on risk of central Asia supply cut, growing
BEIJING/SINGAPORE Top Asian oil refiner Sinopec Corp swung to a record quarterly profit in July-September, thanks to a jump in refining margins and earnings from the spin-off of pipeline assets, the company said.
BEIJING/SHANGHAI A senior Chinese official accused the United States on Wednesday of deflecting blame and breaking its word when it comes to fighting climate change, as the simmering diplomatic row between the world's two biggest economies shifts to the environment.
BEIJING/SHANGHAI Chinese leaders will discuss ambitious new measures to tackle climate change on Monday at a government plenum to finalise a new five-year national development plan, after Chinese President Xi Jinping pledged to make the country "carbon neutral" by 2060.
BEIJING/SINGAPORE China has hit the brakes on its oil buying spree as swelling inventories and limited import quotas stifle purchases.