Tag Archives: China

The biggest boost to Saudi exports to China comes from contracts inked with new refineries starting up this year and next.

Over the past year. Russia has consolidated its position of China’s biggest oil supplier ahead of number-two Saudi Arabia.

CNPC already holds a 30 percent stake in the giant field.

Aramco signed five new crude oil supply agreements with five Chinese customers in Shanghai in early November.

China’s total crude oil imports in October hit a record-high.

APEC meeting provides once again that the two sides remain far from any agreement on trade.

The United States has been increasingly critical of China-backed infrastructure projects.

Other Chinese oil companies are also gearing up for the winter season.

The IEA has forecast strong growth in gas use in other parts of Asia. including South and Southeast Asia.

This is the first U.S. LNG cargo to be shipped to China since Sept. 10.