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China has imported 339.000 barrels a day of Venezuelan oil this year.
Read More »China’s CNPC Backs out of Venezuela Oil Deal in Wake of Ramped up US Sanctions
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.
Read More »Italian. Chinese Energy Majors Compete in Pakistan’s Mega LNG Tender
Pakistan is expected to be a significant growth driver in global LNG demand.
Read More »PetroChina Starts 10-mln-tonne Refining Expansion Project
The PetroChina subsidiary is the only refining company that directly provides aviation fuel for Beijing Daxing International Airport.
Read More »China Considers to Create New Oil and Gas Company
The plan is set to be announced before the endof the year.
Read More »Trump Uses Oil Sanctions to Force Maduro to Step Aside
Russian energy giant Rosneft has loaned more than $6bn to PDVSA.
Read More »Russia. China`s Top Crude Oil Supplier
China is among the countries that were granted a waiver from sanctions on Iranian oil imports.
Read More »Iraq Multi-Billion Deal With Exxon. PetroChina in Progress
The Southern Iraq Integrated Project would directly add 400.000 barrels per day of oil production.
Read More »The Prospect for LNG Market in China
The spike in Chinese gas demand is one of the major factors driving this market tightening.
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