Edition:
United Kingdom

Muyu Xu

China's July crude oil imports from Malaysia near record - customs

8:42am BST

SINGAPORE/BEIJING China's crude oil imports from Malaysia stood near record levels in July, customs data showed, with traders and a tanker-tracking analyst citing oil either transshipped from Venezuela or blended with Venezuelan crude for the unusual growth.

Exclusive: China's Tianjin government orders Bohai Steel restructuring start by September: sources

21 Aug 2019

SINGAPORE/BEIJING The government of the Chinese city of Tianjin, the only shareholder of bankrupt Bohai Steel Group Ltd, is demanding that Bohai's creditors and strategic investor implement a bankruptcy restructuring plan by the end of September, two creditor sources with direct knowledge of the matter said.

Pellet pivot - China develops taste for high-grade iron ore as coastal furnaces fire up

20 Aug 2019

BEIJING/SINGAPORE China's demand for iron ore pellets and high-quality ore is expected to accelerate in 2020 as a result of Beijing's push to shift dozens of steel mills to coastal regions in its battle to stop smog blanketing industrial cities.

China July crude throughput climbs on-year, but off record as glut weighs

14 Aug 2019

BEIJING/SINGAPORE China's July crude oil throughput rose 4% from a year earlier, official data showed on Wednesday, buoyed by improved refinery profit-margins and as new plants started production.

UPDATE 2-China July crude throughput climbs on-yr, but off record as glut weighs

14 Aug 2019

* July crude output +2.5% on-yr; Natgas +6.1% on-yr (Adds further comment, detail)

China coal mine approvals surge despite climate pledges

06 Aug 2019

SHANGHAI/BEIJING Approvals for new coal mine construction in China have surged in 2019, government documents showed, with Beijing expecting consumption of the commodity to rise in the coming years even as it steps up its fight against smog and greenhouse gas emissions.

China's steel minnows sidestep pollution rules to boost output

26 Jul 2019

BEIJING/SHANGHAI Small steel mills in China are taking advantage of lax environmental enforcement to ramp up production ahead of bigger rivals, industry and government officials said, jeopardizing anti-smog targets and defying industry consolidation.

China's steel minnows sidestep pollution rules to boost output

26 Jul 2019

BEIJING/SHANGHAI, July 26 Small steel mills in China are taking advantage of lax environmental enforcement to ramp up production ahead of bigger rivals, industry and government officials said, jeopardising anti-smog targets and defying industry consolidation.

China churns out record daily steel output in June - Reuters calculation

15 Jul 2019

BEIJING China's daily crude steel output rose to record levels in June, according to Reuters calculations, even as anti-pollution production curbs pushed whole-month production slightly lower, official data showed on Monday.

REFILE-China refiners curb fuel output after massive new plants stoke glut

08 Jul 2019

* Zhejiang Petrochemical plant started trial runs at same time

World News

Trump paints picture of unity at prickly G7 summit

U.S. President Donald Trump said on Sunday he was getting along well with Western allies at a G7 summit in France, dismissing reports of rifts among leaders and declaring that they "respect" the trade war between Washington and Beijing.