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ESPO is one of the most actively traded crude oils in Asia. and is popular among Chinese refiners.
Read More »China`s CEFC Eyes Big League with Rosneft Oil Offtake Deal
Russia and China Continue to Boost Oil Ties
Russia and China are growing their partnership and investment links as Moscow scrambles to find ways to fund oil and gas projects that are made difficult under Western sanctions.
Read More »Russia`s Rosneft Aims for Big Boost in Oil Exports to China
Russian oil production has been steady. at around 10.9 million bpd due to a global pact to reduce total production by around 1.8 million bpd to support weak oil prices.
Read More »Unknown Oil & Gas Deal Change the Global Energy Balance
Rosneft and CEFC have been at the center of that burgeoning relationship.
Read More »Is Russia Pushing Saudi Arabia Out of Asia?
The CEFC deal will see the Chinese company buy most of the 19.5-percent stake in Rosneft that Glencore bought last year in a partnership with the Qatar Investment Authority.
Read More »Russia`s Rosneft. China`s CEFC Agree Joint Exploration in Siberia
Rosneft also signed a contract with CEFC for Russia to increase direct supplies of crude oil to China.
Read More »China’s CEFC in talks to acquire stake in Rosneft
CEFC would be the first privately held Chinese firm to invest in a major oil giant.
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