Energy Update
BEIJING, Aug 23 (Reuters) - China's oil refining,
petrochemical and chemical companies will propose a plan to
benchmark their carbon dioxide (CO2) emissions as the first step
toward setting up an emissions market for the sector, the
group's industry association said on Tuesday.
HAMBURG, Aug 23 (Reuters) - Volkswagen said on
Tuesday that the two auto parts suppliers with which it has been
at loggerheads over a contract dispute had agreed to start
delivering parts again and that the affected plants would
gradually resume production.
FRANKFURT, Aug 23 (Reuters) - Volkswagen and two
auto parts suppliers have reached an agreement in a contract
dispute that has forced the carmaker to halt some production,
German daily Hannoversche Allgemeine said on its website on
Tuesday, citing no sources.
BEIJING, Aug 23 (Reuters) - China's top economic planning
agency, saying there are many opportunities for private
investors in infrastructure projects, pledged to introduce
measures to ensure they can compete fairly with state companies.
LAUNCESTON, Australia, Aug 23 (Reuters) - A surge in China's
diesel exports last month to record levels is probably the last
thing refiners in the rest of Asia wanted to hear, but they
should probably worry more about rising crude oil prices.
Positive vibes in the market, it seems, is still unable to lift the mood of the Capesize market.
Things have changed in the land of the red dust.
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