CNPC will wait for more guidelines from the U.S. Treasury before further moves in dealing with Venezuelan oil.
Read More »SINOPEC Launches First Sustainability Report in Saudi Arabia
It is the first sustainability report issued by a Chinese company in the Kingdom.
Read More »Oil in the Sino-American Trade War
A slowdown of the global economy is dampening oil demand.
Read More »China’s CNPC Backs out of Venezuela Oil Deal in Wake of Ramped up US Sanctions
China has imported 339.000 barrels a day of Venezuelan oil this year.
Read More »Global Stock Markets Rally as Trump Delays Key China Tariffs
Weakness in Asian stock markets had spilled first into Europe and from there into early US trading.
Read More »Oil Spikes after Easing U.S.-China Trade Tensions
The U.S.-China trade war has caused energy demand growth to take a big hit.
Read More »China’s First Two Concentrated Solar Plants Get Automated Tech Upgrade
The systems will automatically manage the transportation of heat to molten salt tanks for storage and control how power is fed into the grid.
Read More »Japanese Firms Team Up to Build Zero-Emission Tanker by 2021
The businesses say the vessel will be powered by large-capacity batteries and will operate in Tokyo Bay.
Read More »Smartest Mega Hydropower Station to Generate Electricity in 2020 in SW China
The hydropower station is the first dam in the world to fully use low heat cement.
Read More »Mercedes-Benz and Chinese Firm Team up for Second Life Energy Storage Systems
The companies aim to set up their first second life energy storage unit in Beijing.
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