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Oil production in China rose by 0.2% in annual terms to 16 million tonnes in August, the National Statistical Office said. The growth of production is noted in the country for the first time since November 2015. The volume of oil refining amounted to 50 million 300 thousand tons, having increased by 5.6% compared to August 2017. Last month, the country produced 12 billion 900 million cubic meters of natural gas, which is 9.7% higher than the same month a year ago. Coal production increased by 4.2% to 300 million tons. As reported by Xinhua News Agency, in August, oil imports to the People's Republic of China, which provides 60% of the country's oil consumption, amounted to 38 million 400 thousand tons, having increased by 12.9% over the year.
On Friday, the Chinese technology company ByteDance said that it would consider listing its domestic businesses in Hong Kong or Shanghai due to rising Sino-U.S. tensions. The company's standalone listing in Hong Kong or Shanghai might value ...
Oil traded higher on Friday, further reclaiming lost ground from three-week lows in the previous session as the COVID-19 situation continued to dent the global economy as well as oil consumption. Brent crude gained 0.3%, trading at $43.08 ...
Oil prices fell on Thursday as the rising global coronavirus cases weighed on fuel demand recovery just as OPEC+ producers are set to increase supply. The Brent contract for October slid 0.05%, or 2 cents, at $44.07 per barrel, while the September ...
Oil prices climbed on Wednesday after U.S. crude inventories fell against analysts’ expectations, prompting a boost in the market amid the coronavirus resurgence. Brent crude futures gained 0.3%, or 14 cents, at $43.36 per barrel. U.S. ...
Intel Corp. (INTC.O) announced on Monday that Chief Engineering Officer Murthy Renduchintala would leave the company on August 3. The semiconductor manufacturing company said that it would reorganize its technology, systems architecture, and ...
KYC Policy