Hong Kong Tramways is offering free rides from Wednesday for three consecutive days. Photo: Jonathan Wong

    Hongkongers snap up July 1 freebies and discounts with gusto

    Hongkongers took full advantage of perks and discounts offered at restaurants, shops, transport and museums to celebrate the 29th anniversary of the city’s return to Chinese sovereignty on Wednesday. Long queues formed at local cha chaan tengs, cinemas, shopping centres and outside attractions in the West Kowloon Cultural District, as well as for free ferry…

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    China Halts Fuel Exports as Hormuz Crisis Tightens Global Supply

      China Built a Massive Oil Buffer Ahead of the Iran Crisis

      China expanded its crude oil stockpiles over the first two months of the year, thanks to higher imports and a ramp-up in domestic production, Reuters’ Clyde Russell reported, adding that the stock buildout strengthened despite higher refining rates in the period. Imports of crude oil to China averaged 11.99 million barrels daily, Russell said, adding…

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      Tripartite partnership in Hong Kong targets hydrogen and green methanol

        Tripartite partnership in Hong Kong targets hydrogen and green methanol

        The Hong Kong and China Gas Company Limited (Towngas), Sinopec (Hong Kong) and Sinopec Star Company have signed a memorandum of understanding (MoU) to establish a strategic partnership to collaborate on clean energy solutions, including hydrogen and green fuels, among other things. Source: Towngas The tripartite partnership will cover hydrogen business development, hydrogen refuelling station…

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