CNPC'.s PetroChina division has a 25-year supply contract with U.S. producer Cheniere.
Read More »Chinese State Refiners Output up 12 pct in July
Crude oil output in July dropped 2.6 percent on-year to 15.85 million tonnes. or 3.73 million bpd.
Read More »China could Slap Tariffs on U.S. Oil
Some believe that China’s move aims to keep oil as a bargaining chip for future negotiations on tariffs or Iranian sanctions.
Read More »Egypt`s Concern over Red Sea Security after Houthi Attack
Last month. Saudi Arabia temporarily halted oil shipments through Bab al-Mandab citing security concerns after Yemen’s Houthis attack.
Read More »Merkel and Putin to Hold Meeting on Baltic Sea Gas Pipeline
At last month’s NATO summit in Brussels. President Trump caused a stir by claiming Germany was a ``captive of Russia.``
Read More »Nord Stream 2 Will Bypass Danish Waters
US President Donald Trump last month accused Germany of being a ``captive`` of Russia.
Read More »PDVSA Appealing Crystallex Court Ruling
The Crystallex case has been closely watched by investors holding billions of dollars in Venezuelan bonds.
Read More »Challenging Situation of Global Oil Supply
As oil sanctions against Iran take effect. maintaining global supply might be very challenging.
Read More »Total Certain to Exit Iran Gas Project
China earlier this year introduced the petroyuan as an alternative to the US dollar-dominated oil industry .
Read More »Caspian Sea Nations to Sign landmark Deal
Any deal will ".expand the field for multilateral cooperation". between the five states.
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