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 19, 2019
The rivalry between U.S. and Middle Eastern oil producers has jumped up a notch as American crude makes its way right to the heart of Asia, the world’s most-prized energy market.
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 14, 2019
The world’s biggest oil tanker has begun a 12,400-mile voyage to a fuel-storage zone in Asia, the latest movement of a vessel that’s intrigued the shipping market and fuel traders for months.
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
August 05, 2019
Saudi Arabia, the world’s biggest oil exporter, lowered pricing for September sales of all crudes to Asia while raising prices to buyers in northwest Europe and the Mediterranean region.
News
July 31, 2019
Natural gas in Asia is dropping toward the lowest price in a decade, causing pain for the majors suffering from the fuel’s weakness.
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
U.S. exports of LNG have been growing steadily and reached a new peak of 4.7 Bcfd in May 2019, according to the latest data published by the U.S. Department of Energy’s Office of Fossil Energy.
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 24, 2019
ADNOC and Petramina signed a Comprehensive Strategic Framework to explore opportunities for collaboration across the oil and gas value chain in the United Arab Emirates, Indonesia and globally.
News
July 24, 2019
Eni's Vietnam exploration well, located in offshore block 114, Song Hong Basin, has proven the presence of significant gas and condensate accumulation in the Ken Bau prospect.
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.
News
July 04, 2019
China raised the security level for its vessels heading through the Strait of Malacca, a key Asian trade route and major oil choke point.
News
June 27, 2019
Equatorial Guinea Ronda has received great interest from public and private Chinese companies to invest in Equatorial Guinea and explore opportunities in oil & gas and minerals at the upcoming EG Ronda Licensing Round meetings in Beijing organized by the African Energy Chamber.
