Aramco signed five new crude oil supply agreements with five Chinese customers in Shanghai in early November.
Read More »China`s Sinopec. CNPC Accelerate Oil. Gas Drilling to Rise Output
The aggressive gasification targets and an unusually cold winter last year caused a supply shortage.
Read More »China Cuts Iran Oil Purchases Ahead of U.S. Sanctions
Sinopec and CNPC are skipping bookings for November because it is unclear if Chinese buyers could win waivers from the sanctions.
Read More »Total Chief Executive does not Deny Merger with ENI
France’s Total has been seeking a merger with ENI for decades .
Read More »Qatar Plans to Change Gas Strategy due to Geopolitical Issues
One of the reasons behind the shift of Qatar’s gas strategy is the ongoing Saudi-led embargo.
Read More »Russia. China’s Top Gas Supplier
Demand for Russian gas supplies is increasing in China.
Read More »China`s Big Stake in Venezuela Oil Industry
Over a decade. oil-for-loan agreements helped China secure energy supplies for its fast-growing economy.
Read More »For First Time since October 2015. China`s Crude Production Inches Up
Chinese state majors increased production because of the rising oil prices.
Read More »Rosneft Allows CNPC to Buy Siberia Project Stakes
This agreement concerns large oil and gas projects in eastern and western Siberia.
Read More »Novatek. Russia’s New Gas Giant
Total is also a shareholder in Novatek (19 percent). along with CNPC and the Chinese Silk Road Fund.
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