Stay updated with breaking news from Alan Struth. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
US refinery margins softened for the week ended Nov. 19, despite a fall-off in crude prices, partly on lower demand for gasoline due the increase in coronavirus cases and high prices, an analysis from S&P Global Platts showed Nov. 23. US gasoline demand for the week ended Nov. 12 dipped 18,000 b/d to 9.241 million ...
Refining margins are finally seeing support from jet fuel demand growth, an analysis from S&P Global Platts showed June 1, with travelers taking to the sky amid increasing coronavirus vaccinations after prolonged lockdowns. Add in the start of summer holidays for much of the world and jet demand is picking up. The Platts Global Jet ...
Assessing China’s prospects for carbon neutrality Dec 15,2020 - Last updated at Dec 15,2020 By Xu Han, Sebastian Lewis and Shaun Roache NEW YORK — At the United Nations General Assembly this September, Chinese President Xi Jinping announced that China aims to achieve carbon neutrality by 2060. Given that China has been the planet’s single-largest source of global carbon dioxide emissions in recent years, accounting for about 30 per cent, decarbonisation there could contribute substantially to the global effort to mitigate climate change. China, of course, will have to rebalance its...