China

News
September 11, 2019
Philippine President Rodrigo Duterte said he will ignore an international court ruling affirming his country’s territorial claims in the South China Sea in order to advance oil exploration plans with Beijing.
News
September 06, 2019
A Chinese oil contractor halted work on an expansion project in Venezuela because it hasn’t been paid, underscoring the difficulties for the Nicolas Maduro regime even at energy ventures backed by allies.
News
September 06, 2019
An Indian state-owned refiner is mulling the purchase of American oil from Chinese sellers offering cargoes that would be hit by new tariffs on U.S. supplies.
News
August 30, 2019
China Big Oil wrapped up a first half that rewarded exploration & production and punished refining.
News
August 29, 2019
Cyprus’ national gas company DEFA has selected a multinational consortium to construct the country’s first LNG terminal.
News
August 29, 2019
Philippine President Rodrigo Duterte’s much-touted meeting with Chinese leader Xi Jinping does not appear to have yielded an agreement on the South China Sea territorial dispute between the two nations or a plan to explore the area for oil and gas.
News
August 26, 2019
Oil jumped after U.S. President Donald Trump said that China wanted to restart trade talks, potentially easing escalating tensions between the two countries.
News
August 23, 2019
Crude plunged to a two-week low after China announced tariffs on U.S. crude oil for the first time as the trade war between the world’s biggest economies escalated.
News
August 20, 2019
Hong Kong billionaire Li Ka-shing’s oil sands investment is hurting -- and some analysts are calling on him to stop the bleeding.
News
August 19, 2019
Oil climbed as the U.S. delayed sanctions against Huawei Technologies, offering a hint of progress in its trade war with China, and a drone attack in Saudi Arabia highlighted simmering Middle East tensions.
News
August 16, 2019
China’s biggest energy company is backing away from direct purchases of Venezuelan crude as the Trump administration tightens sanctions against the South American nation.
News
August 15, 2019
Oil fell for a second day as the U.S.-China trade war escalated against the backdrop of swelling American crude inventories.
News
August 12, 2019
China-based COOEC Offshore has formed an alliance with international oilfield services company Expro, expanding their Riserless Well Intervention (RWI) capabilities and resources.
News
August 12, 2019
Oil dropped as U.S. President Donald Trump said planned trade talks with China next month could be called off, stoking concerns the deepening dispute will damage global growth.
News
July 30, 2019
A man who stole deepwater trade secrets on behalf of China was convicted in federal court following the FBI's dismantling of his "prolific network".
News
July 29, 2019
China has tapped Saudi Arabia for a record volume of crude as the world’s biggest exporter plugs a shortage from sanctions-hit Iran.
News
July 26, 2019
Official customs data on Friday showed China imported 855,638 tons in June, the equivalent of about 209,000 bpd.
News
July 23, 2019
The U.S. has sanctioned a Chinese state oil trader for violating restrictions on Iranian crude, an attempt to tighten restrictions on the Islamic Republic and cut off one of its biggest buyers.
News
July 22, 2019
Tankers are offloading millions of barrels of Iranian oil into storage tanks at Chinese ports, creating a hoard of crude sitting on the doorstep of the world’s biggest buyer.
News
July 10, 2019
CNOOC Limited has announced that CNOOC China Limited, its subsidiary, has signed a Cooperation Framework Agreement with China Petroleum & Chemical Corporation (Sinopec Corp.) regarding the sea areas of Bohai, Beibu Gulf and South Yellow Sea, as well as North Jiangsu basin.
News
July 09, 2019
PetroChina looks cheap on many levels, perhaps none more so than comparing it to the value of its reserves beneath the Earth’s surface.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.