China and the US ramped up spending by 12 percent each. taking expenses to 8 billion dollars in China. and 8.2 billion dollars in the US.
Read More »China Hits Back at US for Sanctions on Iran Oil Deals
China'.s cooperation with Iran is legitimate and legal and should be respected and protected.
Read More »US-Japan Trade Deal Hits Snag as Tokyo Seeks Assurances on Car Tariffs
A US-Japan trade deal hit a last-minute snag as Japanese officials sought assurances that the Trump administration will not impose national security tariffs on Japanese-built cars and auto parts. people familiar with the talks said.
Read More »South Korea to Purchase US LNG Worth $9.6b
Under the 15-year contract. US LNG will be delivered from Freeport LNG terminal or Calcasieu Pass.
Read More »CNOOC will Start Pumping at Large Deep Sea Gas Field at End-2021
CNOOC is building a semi-submersible production platform for the project.
Read More »Saudi Arabia Tells Japan`s Biggest Refiner About Possible Shipment Change
Saudi state oil firm Aramco has told Japanese refiner JXTG Nippon Oil &. Energy about a possible change in shipment. raising concern about the kingdom’s ability to supply crude oil a week after attacks on its refineries.
Read More »China’s Worst Nightmare
The drone attacks on the Khurais oilfield and the Abqaiq oil processing facility took an estimated 5.7 million bpd in production capacity off the market.
Read More »Korea Urges IAEA to Play Role in Japan`s Fukushima Water Discharge Plan
Water discharge is seen as the easiest and most affordable way for Japan to deal with the problem.
Read More »Iran. China Hold Meeting in Vienna to Discuss Nuclear Cooperation
The deputy head of Iran'.s nuclear agency and a Chinese delegation held a meeting in Vienna Mon. to discuss nuclear cooperation.
Read More »Oil Rises as US. China Swap Concessions in Trade War
At 416.1 million barrels. U.S. crude oil inventories were at their lowest since October 2018.
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