Tag Archives: PetroChina

The increased spending will push output in the Xinjiang Autonomous Region to more than 50 million tonnes of oil equivalent between 2018 and 2020.

Sinopec. offshore oil and gas producer CNOOC Ltd and China’s largest oil producer PetroChina will publish their final first-half results in August.

The risk that current trade tensions escalate further is the greatest near-term threat to global growth.

Aramco has used the average of the Oman and Dubai crude prices assessed by Platts since the 1980s as a benchmark.

Gas is increasing in demand as the Chinese government moves to replace coal to combat air pollution.

PetroChina raised April gas supplies by 14 percent over a year earlier.

Traders are also nervously awaiting Trump'.s decision on whether or not to continue with the Iran nuclear deal. which he has in the past derided.

Saudi prices set the trend for Iranian. Kuwaiti and Iraqi prices. affecting more than 12 million bpd of oil bound for Asia.

LNG industry executives are unfazed. despite China’s role in reviving global cargo trade and boosting prices.

By 2030. Thailand and Indonesia together could import nearly 70 million tonnes of LNG a year.