A plan of bilateral cooperation of eight points was proposed by Japanese Prime Minister Shinzo Abe during his visit to Russia in May 2016.
Read More »China Hints at Early ‘Petro-Yuan’
The Chinese plans to pay in yuan for oil are at early stages.
Read More »Pipeline for Peace
Back in 2008. Russia and South Korea signed a preliminary agreement on the delivery of Russian gas.
Read More »Trump’s Tariffs Can’t Deter Chinese LNG Investment
The necessary funds will likely be raised in multiple rounds.
Read More »China Oil Futures may Threaten Primacy of U.S. Dollar
China surpassed the United States in 2017 to become the world’s largest oil importer.
Read More »Blocking Saudi Nuclear Plant Opens Door to China
A US failure to build civilian nuclear reactors in Saudi Arabia may allow countries that lack nuclear proliferation standards to step in.
Read More »Sinopec Inks First Deal to Buy Oil Priced Off Shanghai Crude Futures
The liquidity for Shanghai crude futures will surpass that of DME.
Read More »China Eyes New Oil Benchmark with Futures Launch
China has already taken steps that it hopes will help to internationalise its currency.
Read More »Chinese Probe Hits CEFC’s $9-Billion Rosneft Stake Acquisition
The Kremlin wants China to own a stake in Rosneft.
Read More »Trade War could Hurt US LNG Exports as US Makes Stupid Move
China is in the urgent process to expand its consumption of natural gas.
Read More »