China is already one of the largest clients of Saudi crude oil.
Read More »Sinopec Inks First Deal to Buy Oil Priced Off Shanghai Crude Futures
The liquidity for Shanghai crude futures will surpass that of DME.
Read More »China Eyes New Oil Benchmark with Futures Launch
China has already taken steps that it hopes will help to internationalise its currency.
Read More »East Med Gas could Supply Europe
ExxonMobil and partner Qatar Petroleum are also scheduled to drill southwest of Cyprus in the second half of this year.
Read More »OPEC Curbs Oil Shipments to U.S. Refiners
Ecuador cut shipments to the United States by 86 percent and Kuwait cut exports by 58 percent. week-over-week.
Read More »Chinese Probe Hits CEFC’s $9-Billion Rosneft Stake Acquisition
The Kremlin wants China to own a stake in Rosneft.
Read More »Trade War could Hurt US LNG Exports as US Makes Stupid Move
China is in the urgent process to expand its consumption of natural gas.
Read More »Kuwait Seeks Foreign Investments to Diversify Away From Oil
Kuwait wants to transform into a business hub that attracts investments.
Read More »Gazprom’s Power Of Siberia Gas Link To China 75.5% Complete
China expects to raise its own natural gas production to a record-high this year.
Read More »Mena Region Invest about $1tn in Energy Sector over Coming Five Years
Saudi Arabia. UAE account for 38 per cent of the total spending in the wider region.
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