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OPEC+ Surprises With Oversized Output Hike

OPEC+ will ramp up oil production more aggressively than anticipated in August, accelerating the rollback of its 2023 voluntary supply cuts in a bid to capture market share amid peak summer demand. At a virtual meeting Saturday, eight core members led by Saudi Arabia agreed to add 548,000 barrels per day (bpd) to global supply—exceeding…

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New plasma device turns air into ammonia, ends the need for fossil fuels

China’s tech giant claims 1,800-mile range for new solid-state EV battery

Huawei has filed a patent detailing a sulfide-based solid-state battery design with energy densities between 180 and 225 Wh/lb, roughly two to three times higher than today’s typical electric vehicle batteries.  While the Chinese tech giant does not manufacture its own branded vehicles, it works closely with automakers to integrate in-house advanced technologies into electric…

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China, EU close to EV tariff deal, state media says, dismisses ‘trade diversion’ fears

China, EU close to EV tariff deal, state media says, dismisses ‘trade diversion’ fears

China and the European Union have largely finalised the “technical” part of negotiations towards resolving their electric vehicle (EV) tariff dispute, with the deal now hinging on “political will” from the European side, according to Chinese state-affiliated media. Yuyuan Tantian, a social media account linked to state broadcaster CCTV, reported on Friday night that the…

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China’s industry embraces AI for smarter, cleaner, and more efficient production

China’s industry embraces AI for smarter, cleaner, and more efficient production

From steel mills to display panel factories, Chinese companies are rapidly integrating artificial intelligence (AI) into traditional industries, marking a major shift toward intelligent, digital manufacturing. Leading the transformation is Shougang Group, one of China’s largest steelmakers, which has deployed an AI-powered visual system that boosted production efficiency by over 20% and cut defects by…

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China loosens visa rules to boost tourism

China loosens visa rules to boost tourism

China is welcoming a new wave of international tourists, thanks to dramatically loosened visa policies designed to revitalize the economy and reshape global perceptions of the country. From the ancient alleys of Beijing to the neon-lit skyline of Chongqing, tourists are finding a China that defies expectations, News.Az reports, citing The Washington Post. The Chinese…

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