Beginning in August 2021, several Covid-19 outbreaks in China led to mobility restrictions, which in turn reduced domestic demand for petroleum products

The setback came as Sinopec reported an overall 25% rise in net income for the three-month period, a level last seen in the third quarter of 2020

Keppel Offshore & Marine, one of the world's largest offshore oil rig builders, and Sembcorp Marine have suffered from a prolonged and severe sector downturn

New law restricts firms from releasing real-time data, which is a big concern for trading companies and logistics managers trying to follow supply chain movements

The company offers delivery to several inland destinations, including Chengdu, Chongqing, Linyi, Yiwu, Shengyang, Suzhou and Shijiazhuang

The London-listed company is in joint talks with Chinese state-run oil companies CNOOC, CNPC and Sinopec over its 27.5% holding

The order will not apply to companies with approved foreign investments, firms in special economic zones, UN agencies, embassies, INGOs and state airlines

Chinese oil giant CNOOC surged 44% in its Shanghai debut on Thursday, after raising 28.08 billion yuan ($4.41 billion) in a public stock offering

Japan's biggest oil refiner Eneos Holdings has no plans to buy Russian crude until all problems related to the Ukraine crisis are over

As most shipments were contracted before the invasion of Ukraine, any cut to Russian oil purchases due to worries about sanctions would only be reflected in data due for release in May

Japan aims to provide 'risk money' through state-run Japan Oil, Gas and Metals National Corp (JOGMEC) for existing LNG projects that can boost output quickly via expansion

The 2020/21 level was the lowest since 1990/91, when Japan began compiling data on greenhouse gas emissions, revised data from the environment ministry shows