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Russia pipped Saudi Arabia most of last year as the top crude supplier to China. the world’s biggest buyer.

The second line was built in parallel to the first line between Mohe and Daqing.

The damaged parts had been replaced and flows would start returning to previous levels.

Domestic production meets some 30 per cent of the demand for oil and around 70 per cent for gas in the country.

The sale of shares in Aramco is a complex and significant financial transaction.

Oil output in the U.S. dropped last week for the first time in more than two months.

Yamal LNG began commercial operation early this month.

Medvedev acknowledged that Europe may take more LNG imports. especially when demand exceeds the capacity of pipeline suppliers.

The government appears to be hoping the petro will offset a collapse in Venezuela’s currency.

Brazil'.s top exports to Iran include food. medication. minerals and automobiles.