China
News
October 02, 2018
China is set to boost its crude imports from West Africa to the highest in at least seven years this month as the trade war with the U.S. prompts the Asian nation’s refiners to find alternatives.
News
September 27, 2018
A plan by the EU, Russia and China to sidestep U.S. sanctions on Iran by using an alternative payment system won’t give its buyers a free pass to handle Iranian crude.
News
September 19, 2018
Even with China’s smaller tariffs on U.S. natural gas, American cargoes may still be shunned by Chinese traders trying to navigate the ongoing trade war.
News
September 18, 2018
CNOOC Limited has announced that the Penglai 19-3 oilfield 1/3/8/9 comprehensive adjustment project has commenced production.
News
September 13, 2018
Crude dropped the most in almost a month as global supply concerns receded and a demand-killing trade war intensified.
News
September 10, 2018
PetroChina signed a deal with Qatargas Operating to purchase 3.4 MM tons of LNG annually, the Chinese company’s biggest supply deal.
News
September 05, 2018
Empyrean Energy, the oil and gas development company with interests in China, Indonesia and the United States, has announced that it has engaged Gaffney, Cline & Associates (GCA) to complete a third-party independent audit of oil initially in place estimates over the Jade, Topaz and Pearl prospects, in Block 29/11, in the Pearl River Mouth basin, China.
News
August 31, 2018
PetroChina is rewarding shareholders with a higher payout after its best half-year profit in more than three years.
News
August 28, 2018
One thing that became clear in one of the Tuesday morning sessions at ONS is that China remains an important oil trading partner and lynchpin of stability for the MENA (Middle East/North Africa) region. In the session entitled, “The Lego Blocks of Energy and Geopolitics,” two analysts explained the relationship of China to the region, and also the stability, or lack thereof, among some key oil producers.
News
August 28, 2018
Total SA’s withdrawal from Iran’s giant South Pars gas field has given China another chance to secure a stake in the world’s most coveted energy assets: abundant and low-cost Middle Eastern oil and gas.
News
August 21, 2018
China’s shipowners are shunning Iran’s oil, while the OPEC producer is using its own tankers to supply top customers as impending U.S. sanctions threaten to disrupt global crude trade.
News
August 20, 2018
Wild swings in the yuan and punitive storage costs are making oil traders think twice about a bet on China’s fledgling crude futures that looks highly lucrative on paper.
News
August 17, 2018
This winter could be a bleak one for America’s natural gas exporters as the fastest-growing buyer of the fuel threatens to halt purchases amid an escalating trade war.
News
August 15, 2018
Aker Solutions won orders valued at more than NOK 350 million to deliver power umbilical systems to China National Offshore Oil Corporation's (CNOOC) Liuhua oil fields in the South China Sea, off Hong Kong.
News
August 13, 2018
PetroChina Co. may temporarily halt purchases of U.S. liquefied natural gas spot cargoes through the winter to avoid potential tariffs amid a trade conflict between the U.S. and China, according to people with knowledge of the strategy.
News
August 12, 2018
China National Petroleum Corp. is expected to take the lead on a $5-billion project to develop Iran’s share of the world’s biggest gas deposit, taking over from France’s Total SA, which halted operations after U.S. President Donald Trump reimposed sanctions on the Islamic Republic.
News
August 09, 2018
The removal of U.S. crude from goods targeted by Chinese tariffs is a sign that America has become too big to ignore in the oil market.
News
August 08, 2018
Crude dropped to a six-week low as the escalating trade dispute between the world’s biggest economies overshadowed a decline in U.S. crude stockpiles.
News
August 07, 2018
Chinese offshore oil giant Cnooc Ltd. may have more to offer equity investors betting on the recovery in global crude prices, even if the rally appears to be taking a bit of a breather.
News
August 07, 2018
The crude futures that China launched in March seem to be dancing to an oil-market tune only they can hear.
News
August 06, 2018
Chinese President Xi Jinping’s trade policies are threatening to make his environmental goals more costly to meet.
