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China is already one of the largest clients of Saudi crude oil.
Read More »Saudi Arabia Meets the West. but Is Looking East
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 »East Med Gas could Supply Europe
ExxonMobil and partner Qatar Petroleum are also scheduled to drill southwest of Cyprus in the second half of this year.
Read More »OPEC Curbs Oil Shipments to U.S. Refiners
Ecuador cut shipments to the United States by 86 percent and Kuwait cut exports by 58 percent. week-over-week.
Read More »Chinese Probe Hits CEFC’s $9-Billion Rosneft Stake Acquisition
The Kremlin wants China to own a stake in Rosneft.
Read More »Russia will have to Sign a New Contract with Ukraine if Nord Stream-2 Fails
The Nord Stream-2 system consists of two parallel branches of the pipeline.
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 »Kuwait Seeks Foreign Investments to Diversify Away From Oil
Kuwait wants to transform into a business hub that attracts investments.
Read More »BP To Drill First Deepwater Mexican Well By 2020
Mexico has been eagerly seeking foreign investment in its oil industry over the last couple of years.
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