Rosneft also signed a contract with CEFC for Russia to increase direct supplies of crude oil to China.
Read More »Brazil`s Petrobras. China Development Bank Sign Cooperation Deal
Petrobras is the world’s most indebted oil producer and has been forced to sell assets and slash spending.
Read More »Chinese CNOOC Received the 1st-Ever Oil Cargo from Saudi Aramco
The vessel’s arrival at the Huizhou terminal was celebrated by an Aramco Asia delegation together with representatives from CNOOC upper management.
Read More »China Builds Methane Hydrate Venture in South China Sea
China is not the only country that is testing ‘fire ice’ deposits discovered in their waters.
Read More »China Looks Beyond the Middle East for Its Crude Oil Fix
The Middle East accounted for just under half of China’s crude oil imports in 2016.
Read More »China Creates World’s Biggest Power Group with $271B in Assets
The new company resulting from the merger is expected to be named National Energy Investment Corp.
Read More »Saudi Sprint in China Oil Race Shows Where Priorities Lie
The world’s largest oil exporter shipped almost 4 million tonnes of crude to China in July.
Read More »China. World`s Third Largest Shale Gas Producer
China has become the world'.s third largest shale gas producer behind the United States and Canada.
Read More »Al-Falih Reiterates Closer Ties with China in Jeddah Investment Forum
A follow-up meeting will be held to explore cooperation in several different sectors. They include. industry. logistics. housing and financial services.
Read More »China Builds Asia`s Biggest Oil Refinery in Pakistan
The project will have capacity to refine 100.000 barrels of oil per day.
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