Asia'.s fourth biggest oil consumer imported 112.55 million barrels from the North American producer over January-October.
Read More »China`s Influence in Global Commodities Price
China is also opening its commodity futures markets to international investors in an effort to expand its currency'.s value. the yuan.
Read More »US Sanctions Hit Global Oil Fleet
VLCC freight rates for key crude oil supply routes to Asia have surged since the US ratcheted up sanctions in recent months.
Read More »Saudi Aramco to Approach Petronas. Sinopec to Invest in Mega IPO
Aramco is leaning on business partners and friendly governments to help achieve its preferred valuation of US$2 trillion.
Read More »Discovery of Massive Oil Deposit. A Game-Changer for China
The Sichuan shale gas blocks have a total proven reserve of 1.06 trillion cubic meters.
Read More »China Considers Speeding up Shale Gas Drive
China'.s reliance oil and gas imports is growing too rapidly.
Read More »China`s Gas Production to Double by 2040
In 2019. China included tight gas in the new unconventional gas subsidy scheme for the first time.
Read More »China’s CNPC Backs out of Venezuela Oil Deal in Wake of Ramped up US Sanctions
China has imported 339.000 barrels a day of Venezuelan oil this year.
Read More »China Might Not Buy American Oil
U.S. crude oil exports in total are up nearly 50% over a 12 month period.
Read More »Iraq Close to Replacing Exxon Mobil with BP and Eni
Three of the oil officials said Exxon had costed the project at higher than Hyundai’s $2.4 billion.
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