Tag Archives: China

The US and China have delayed a review of their Phase 1 trade deal initially slated for Saturday, sources familiar with the plans told Reuters, citing scheduling conflicts and the need to allow time for more Chinese purchases of US exports. No new date for the initial six-month compliance review …

The world’s offshore wind farm capacity could grow eight fold by the end of the decade powered by a clean energy surge led by China, according to the Global Wind Energy Council (GWEC). A new industry report has revealed stronger than expected growth for the offshore wind industry, which could …

China’s investment in oil and gas exploration set a record high of 82.13 billion yuan (about 11.76 billion U.S. dollars) in 2019, up 29 percent year on year, according to the Ministry of Natural Resources. National exploitation of oil and gas saw a total investment of 252.71 billion yuan last …

A member of Iranian Parliament National Security and Foreign Policy Commission said that Iran’s trade volume exchange with the East especially China must increase, for, western countries showed that they are not trustworthy. Speaking in an interview with Mehr news agency on Wed., Ebrahim Azizi said that senior officials of …

Russia exported 396,000 tonnes of liquefied natural gas (LNG) to China in June, while US exports amounted to 340,000 tonnes during the same period, Bloomberg reported on Monday, citing data from China’s General Administration of Customs. According to the customs data released on Sunday, Russia’s LNG exports to China increased …

China’s cooling demand is continuing to wreak havoc on the physical oil market in Asia, with Iraq’s prized Basrah Light crude sold at a discount to its official selling price for the first time since 2017. BP Plc and China National United Oil Corp. both sold prompt cargoes of the …

Oil was little changed in Asia as signs of an easing in coronavirus cases across the U.S. south were countered by ongoing diplomatic tensions between the Trump administration and China. Futures in New York slipped 0.3%, after rising 0.5% on Friday. Reported cases and fatalities fell in many states hit …

China’s crude oil imports from Saudi Arabia rose 15% in June from a year ago, as refiners ordered record volumes of the fuel in March and April when oil prices tumbled, cementing the kingdom’s position as the top oil supplier to China. Imports from Saudi Arabia rose to 8.88 million …

While the rest of the world continues to struggle with fuel demand recovery in fits and starts, China has been a key factor in supporting oil prices as it breaks crude oil import records. Record Chinese crude oil imports over the past few months have supported still weak global oil …

It was purely a coincidence but, simultaneously on Monday, Providence Resources announced progress with its latest bid to develop its Barryroe oil discovery off the south coast while the EU Commission approved the latest price support scheme for renewable energy. Alan Linn, Providence’s new chief executive, pointed out that Barryroe, …