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REFINERY NEWS ROUNDUP: China s April throughput downs; Shenghong starts up | Hellenic Shipping News Worldwide

Chinese refiners’ crude throughput in April slumped 10.5% year on year to a two-year low of 12.66 million b/d as COVID-19 lockdowns reduced oil demand, National Bureau of Statistics data showed. The April throughput fell 8.6% from 13.85 million b/d in March, and was below the January-February average of 14.04 million b/d. Meanwhile the 320,000 .

Taiwan s exclusion from IPEF based on geopolitical factors: Taiwanese analysts

Taipei, May 23 (CNA) Two Taiwanese analysts said Sunday that Taiwan has been excluded from the United States' new Indo-Pacific economic initiative to avoid painting the framework as an anti-China coalition, which would deter other countries.

Biden pushes U S economic and security interests as he wraps up South Korea visit

At a time of high inflation and simmering dissatisfaction at home, Biden emphasized his global mission to strengthen the American economy by convincing foreign companies like Hyundai to launch new operations in the United States.

Reports: Hyundai Motor Could Build New EV Plant in Savannah

Reports: Hyundai Motor Could Build New EV Plant in Savannah
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