China’s Finance Ministry even pledged to exempt nonresidents investing into the contract from taxes for up to three years.
Read More »Middle East Crisis. U.S.-China Trade War Worsen Oil Markets
The United States now produces more crude than top exporter Saudi Arabia.
Read More »China`s Oil Giant Plans LNG Sale
Natural gas shortages this winter caused chaos. cutting off supplies to industrial users and causing big spikes in prices.
Read More »Sinopec Cuts Oil Supply from Saudi Arabia
Sinopec put in the request earlier this week after national oil company Saudi Aramco set higher-than-expected prices.
Read More »Abe. IAEA Chief Stress Need for Verification of N. Korea`s Denuclearization
Abe and IAEA Director General Yukiya Amano reached the consensus during their meeting in Tokyo on Tuesday.
Read More »China may Seek Extra Iran. Russia Crude after Saudi Nomination Cut for May
Iran'.s National Iranian Oil Co. is expected to release its OSPs for May-loading crude later this week.
Read More »Korean KTC to Build Solar Plant in Iran
With the construction of the mentioned solar plant and wind farm. KTC will also transfer new technologies to the country.
Read More »China. A Driving Power for Solar Energy
While China led the way. other countries saw a drop in renewables investment.
Read More »Disappointing Demand Growth for South Korea
The 13th Plan confirms the increasing role of gas in the electricity generation mix as outlined in the 8th Electricity Plan.
Read More »China Imposes Tariffs on U.S.-Made Pipeline Materials
The Chinese tariffs are seen as retaliation to last month’s U.S. tariffs on imported steel and aluminum.
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