Beyond OPEC. oil prices have been boosted by U.S. sanctions against OPEC members Iran and Venezuela.
Read More »U.S. Considers New oil Sanctions on Venezuela
U.S. officials are considering a range of potential measures. including restricting U.S. imports of Venezuelan oil or even a full ban.
Read More »China Surpasses Japan as Leading Gas Importer
China'.s gas demand and imports will continue to increase this year.
Read More »China and Japan Compete for First LNG Terminal in Philippines
CNOOC has significant experience in management. operations and technology to help build the archipelago'.s first LNG terminal.
Read More »Global Oil Pricing Worries Hit US Energy Shares
Third-quarter profits for oil producers generally should be higher than a year ago.
Read More »Washington Mulls Waivers on Iran Oil
It was the first time a US official said the administration was in the process of considering waivers.
Read More »China`s 10% Tariff on US LNG. a Win for Suppliers
The tariffs undermine Trump'.s drive to use US shale oil and natural gas to turn the US into a global energy leader.
Read More »Chinese Crude Oil Output Rises for First Time in Nearly 3 Years
Most Chinese oilfields can break even with oil at $70 per barrel.
Read More »Petrobras Pushes more Crude to Top Importer China
Teapot refiner demand for low-sulphur product boosts Brazil oil output.
Read More »China Eyes Russia LNG amid Trade Tension
China'.s imports of LNG from the US have also grown very fast recently.
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