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PetroChina set to shut top north China refinery in 2025, sources say
(www.channelnewsasia.com)
China's overall refining volumes are down significantly since middle of year as EVs are surpassing 50% market share there. Also while NG use for electricity is down, they are converting a lot of heavy transport to use LNG. In the future this will transition to H2.
This is a year of major climate progress, and even the west is inching forward.
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