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Opinion: China To Continue Expanding Its Influence In The Oil And Gas Sector

Green Car Congress

When it comes to Chinese energy industry, there are three major state owned companies. One of China’s most recent mid-stream deals included building a pipeline from Iran to Pakistan , which is being built despite objections from the U.S. China also made large investments in Saudi Arabia’s oil refining industry as well.

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Mercedes CEO Says Brand Sticking With China for the Long Haul

The Truth About Cars

However, America seems increasingly interested in distancing itself from the nation while Germany has grown more reliant on the Chinese market. During the corona years, the wealthier Chinese in particular made extraordinary savings," Kallenius said. This purchasing power should benefit us." influence.&

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AQLI: new data reveals little progress globally in reducing air pollution over the last two decades

Green Car Congress

Nearly a quarter of the global population lives in four countries in South Asia that are among the world’s most polluted: Bangladesh, India, Nepal and Pakistan. If these reductions are sustained, Chinese citizens can expect to live about 2 years longer than they would have prior to their aggressive reforms.

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New phase of globalization could undermine efforts to reduce CO2 emissions

Green Car Congress

A new study finds that the growth of carbon production from Chinese exports has slowed or reversed, reflecting a “new phase of globalization” between developing countries that could undermine international efforts to reduce emissions. The paper is published in Nature Communications.

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Saudis Expand Price War Downstream

Green Car Congress

On the other hand, it won’t be easy for Saudi Arabia—Chinese refiners are also producing more gasoline, for which demand is still strong. However, one cannot easily neglect the Indian and Chinese refiners. Moreover, Indian refiners are now moving away from Saudi Arabia which was previously India’s largest crude oil supplier.