The first crude carrier supplying the refinery should arrive in December or January.
Read More »China. Top Natural Gas Importer in 2018
Concern for the environment is a major reason for China'.s increasing imports of gas.
Read More »Asian Spot LNG Prices Fall as November Cargoes Offloaded
Spot Asian LNG spiked last month in anticipation of winter demand after a hot summer depleted stockpiles.
Read More »South Korea Imports Zero Oil from Iran in September
The world’s fifth-largest crude buyer imported 10.8 million tonnes of crude last month.
Read More »China Turns Its Back on US Oil
China is not the only country that is opposed to reinstating sanctions on Iran.
Read More »China Cuts U.S. LPG Imports amid Trade War
The United States last year accounted for about 20 percent of China’s total LPG imports.
Read More »Chinese Oil Product Consumption Grows 6% in August
Chinese oil product consumption between January and August rose by 5.8 percent compared to the same period last year.
Read More »Saudi Crown Prince Predicts Russia & China’s Exit from Oil Market
The bold claim was made by the Saudi crown prince Mohammed bin Salman during a lengthy interview with Bloomberg. published Friday.
Read More »Iraq Refinery Project with Japanese Aid Delayed by IS
Japan will extend additional official development assistance to bring the total to more than 300 billion yen.
Read More »US-China Trade War Impact
The world’s second largest economy halted purchases of US crude in August for the first time since September 2016.
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