Tag Archives: East Asia

Tokyo and Washington see quick. decisive action as necessary to avert a crisis

The Middle East accounted for just under half of China’s crude oil imports in 2016.

The new company resulting from the merger is expected to be named National Energy Investment Corp.

The world’s largest oil exporter shipped almost 4 million tonnes of crude to China in July.

China has become the world'.s third largest shale gas producer behind the United States and Canada.

A follow-up meeting will be held to explore cooperation in several different sectors. They include. industry. logistics. housing and financial services.

The project will have capacity to refine 100.000 barrels of oil per day.

Saudi Arabia has moved back up a notch in the race to supply oil to China and compete for market share in Asia’s biggest crude consumer.

Saudi Arabia aims to break the slow pace in the progress of Saudi projects in China and push for more investments between the two nations.

While the impact of these imports has eased as more gas supplies have come on to the world market and prices have fallen. they are an uncomfortable reminder of Japan’s energy dependence. But a solution may be at hand. in the form of methane hydrates.