Tag Archives: PetroChina

China is among the countries that were granted a waiver from sanctions on Iranian oil imports.

The Southern Iraq Integrated Project would directly add 400.000 barrels per day of oil production.

The spike in Chinese gas demand is one of the major factors driving this market tightening.

China has seen an explosive growth of natural gas consumption over the years.

The biggest boost to Saudi exports to China comes from contracts inked with new refineries starting up this year and next.

Over the past year. Russia has consolidated its position of China’s biggest oil supplier ahead of number-two Saudi Arabia.

China’s total crude oil imports in October hit a record-high.

The supply deal will likely start ahead of this winter and it will be for about three years.

Concern for the environment is a major reason for China'.s increasing imports of gas.

Beijing has repeatedly defended its energy trade with Tehran. worth about $1.5 billion a month.