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China's Mega-Refineries Throttling Other Asia Oil Processors-545135


China’s Mega-Refineries Throttling Other Asia Oil Processors
Sun Online Desk
SK Innovation’s oil refinery facilities in Ulsan, South Korea. Photographer: SeongJoon Cho/Bloomberg
The rise of China’s mega-refineries was always going to make life tougher for their competitors across Asia. But the fallout from Covid-19 is hastening the impact and accelerating consolidation across the region.
A frenzy of refinery building in China is set to make the nation the world’s largest crude processor this year. At the same time, a drive to de-carbonize Asia’s biggest economy means demand for fuels like diesel and gasoline will decline, potentially leading to more exports from the new facilities. ....

Hong Kong , T Ai Chung , Australian Capital Territory , Pulau Bukom , Singapore General , South Korea , Michal Meidan , Serena Huang , Sk Innovation Co , Chemical Co , Holdings Inc , China Energy Programme , Oxford Institute For Energy , Royal Dutch Shell Plc , Economics Technology Research Institute , Shenghong Group , International Energy Agency , Taiwan Formosa Petrochemical Corp , China National Petroleum Corp , Oxford Institute , China National Petroleum , Technology Research , Zhejiang Petrochemical , Lunar New Year , Southeast Asian , Formosa Petrochemical ,

China's carbon pledge drives progress


China s carbon pledge drives progress
By LIA ZHU in San Francisco |
China Daily |
Updated: 2021-04-01 10:01
Aerial photo taken on Aug 19, 2020 shows wind turbines in Jiucaiping scenic spot in Southwest China s Guizhou province. [Photo/Xinhua]
2060 net-zero vow nudges other nations to accelerate climate efforts, experts say
China s pledge to be carbon neutral by 2060 sets an example for other countries, and its energy policies will play a central role in achieving that goal, said energy experts.
The carbon neutral pledge has really done a lot to inject new momentum into the global climate negotiations, said Barbara Finemore, founder of the China Program of Natural Resources Defense Council, a New York-based environmental advocacy group. ....

United States , South Korea , Michal Meidan , Barbara Finemore , China Energy Programme , Oxford Institute For Energy , European Union , China Program Of Natural Resources Defense Council , United Nations , Southwest China , China Program , Natural Resources Defense Council , New York Based , China Series , United Nations General Assembly , Oxford Institute , Five Year Plan , Fine More , ஒன்றுபட்டது மாநிலங்களில் , தெற்கு கொரியா , மைக்கேல் மீடன் , சீனா ஆற்றல் ப்ரோக்ராம் , ஆக்ஸ்ஃபர்ட் நிறுவனம் க்கு ஆற்றல் , ஐரோப்பிய தொழிற்சங்கம் , சீனா ப்ரோக்ர்யாம் ஆஃப் இயற்கை வளங்கள் பாதுகாப்பு சபை , ஒன்றுபட்டது நாடுகள் ,