Tag Archives: China

The major risk to future gas demand is the possibility that renewable power sources will take a larger slice of the global energy pie faster than now expected.

ESPO is one of the most actively traded crude oils in Asia. and is popular among Chinese refiners.

In Q4. China is not expected to build inventories. because oil demand is expected to remain strong. according to the IEA.

Chinese state-owned oil companies PetroChina and Sinopec have written to Saudi Aramco in recent weeks to express an interest in a direct deal.

In recent years. several nations opposed to the dollar being the world'.s reserve currency have progressively sought to try and abandon it.

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.

The demonstration power plant. which is an updated version of the country’s 10 MW HTRG Test Module designed by Tsinghua University. kicked off its construction work in 2012.

Kazakhstan’s energy ministry said Rosneft has not officially applied for an increase in transit volumes 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.

The market share that Saudi Arabia has lost in China is a result of the Kingdom’s current policy to try to boost oil prices.