Chinese President Xi Jinping

China boosts shale power capacity amid plummeting demand for oil, gas globally

The coronavirus outbreak has disrupted economic activities across the globe. The oil and gas demand has plummeted in the recent weeks and storage facilities are filled to the brim. While economies are struggling to find means and measures to tide over the crisis, the Fuling shale gas field in southwest China's Chongqing Municipality sees a breakthrough in shale gas output producing 30 billion cubic meters of shale gas. Will this impact Chinese imports of alternative fuels? Where will the excess produce be stored, used, or routed? May 12, 2020
Aircraft

Airlines in India will resume operations; but loss-recovery can take a decade

With coronavirus-induced nationwide lockdown and the flying ban later imposed has grounded 80% of the civilian aircraft in the top six airports of India - Mumbai, Delhi, Bengaluru, Kolkata, Hyderabad and Chennai. 538 aircraft out of the total 650 are parked at airports. No clear indications and instructions from the government yet on when and how will the flying ban get lifted. Apr 29, 2020
Coronavirus in China

'Make China pay': US, UK, Germany, Israel, Australia seek payback

Five countries namely - the US, the UK, Germany, Israel and Australia are seeking compensations, detailed global investigation probes and full disclosure from China on Coronavirus emergence. They want to 'Make China Pay' for hiding critical information during early stages of the coronavirus outbreak in December and jeopardising the human health and economic future of millions today. Apr 24, 2020