Oil supplies from Iran should be completely stopped by October.
Read More »Trade War Looms. U.S. LNG Exports to China Decline
The United States is expected to become the world’s third biggest LNG exporter by capacity in 2019.
Read More »Russia Supplies North Korea with Oil Products
North Korea relies on imported fuel to keep its struggling economy functioning.
Read More »China May Boost Iranian Oil Purchases
This week. Iran filed a lawsuit against the US in the International Court of Justice over the re-imposition of US sanctions
Read More »China`s Dominant Role in Global EV Markets
China has been pushing hard for its companies to be global leaders in new technologies.
Read More »CNOOC to Invest $3bn in Nigeria
Nigeria remained the largest investment destination for CNOOC.
Read More »China`s Shanghai Exchange Launches New Fuel Oil Contract
Sinopec and China National Petroleum Corp (CNPC) among other oil and chemical majors have participated in the trading.
Read More »Chinese Refiner Halts US Crude. Turn to Iranian Oil
US tariffs of 25 percent on $34 billion of Chinese imports took effect on July 6.
Read More »S.Korea`s June Crude Oil Imports Drop Lowest since Jan 2015
South Korea’s crude imports in the first six months of this year were 74.11 million tonnes.
Read More »Venezuela’s Oil Crisis
China has decided to invest &.25 million to help slow the decline underway in Venezuela.
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