China
News
December 18, 2018
CNOOC Limited has announced that its parent company, China National Offshore Oil Corporation (CNOOC), has signed Strategic Cooperation Agreements with 9 international oil companies including: Chevron, ConocoPhillips, Equinor, Husky, KUFPEC, Roc Oil, Shell, SK Innovation and TOTAL (in alphabetical order).
News
December 18, 2018
China signaled its openness for business with a raft of deals that’ll give oil majors including Royal Dutch Shell new opportunities to develop fields in partnership with the nation’s biggest offshore explorer.
News
December 11, 2018
Contrary to some observers who focus intently on trade data as a proxy for demand, China’s total oil product demand rose by only 150,000 bpd in 2018.
Article
December 2018
Companies in the news
News
December 10, 2018
The Abu Dhabi National Oil Company (ADNOC) has announced the 4% stake in its onshore concession, previously held by CEFC China Energy Company Limited (CEFC China), has been acquired by North Petroleum International Company Ltd, a subsidiary of China ZhenHua Oil Co. Ltd.
News
December 10, 2018
The arrest of a Chinese technology executive means the tariff war that ensnared LNG may not have reached a cease-fire.
News
December 10, 2018
China has gone all out to avoid a repeat of last winter’s crippling natural gas shortages. The early verdict: so far, so good.
News
December 03, 2018
Oil surged the most in more than five months as Saudi Arabia and Russia extended a cooperation pact and U.S.-China trade tensions cooled. Unprecedented supply cuts in Canada also drove prices higher.
News
November 29, 2018
Rosneft Oil Company and Chinese Hengli Group signed a cooperation agreement as part of the first Russian-Chinese energy business forum. The document was signed by Igor Sechin, CEO, Rosneft Oil Company, and Chen Jianhua, president of Hengli Group.
News
November 23, 2018
Armed with waivers to keep importing Iranian oil without running afoul of U.S. sanctions, some of the Islamic Republic’s top customers are preparing to buy.
News
November 22, 2018
China has named a leading business executive to its top energy post, eschewing a practice of appointing career politicians as the nation pushes through an overhaul of its massive energy sector.
News
November 22, 2018
The 14th meeting of the Joint Coordinating Committee (JCC) of Gazprom and CNPC moderated by Vitaly Markelov, deputy chairman of the Gazprom management committee, and Hou Qijun, V.P., CNPC, took place in Guangzhou, People’s Republic of China.
News
November 13, 2018
Paradigm Group, the global Dutch innovation and technology company, for the upstream oil and gas industry, has recently opened offices in both China and the Middle East to cater for an increase in international sales and service demand.
News
November 12, 2018
ABB has been awarded an integrated automation, electrification and telecommunication order in second-quarter 2018, valued at $79 million, for the upgrade of the Bab Onshore Field in Abu Dhabi, by China Petroleum Engineering and Construction Corporation (CPECC)
News
November 12, 2018
Empyrean Energy is pleased to announce that Gaffney, Cline & Associates has completed its independent audit of the company’s oil-initially-in-place estimates over the Jade, Topaz and Pearl.
News
November 09, 2018
The U.S. secretaries of state and defense met with their Chinese counterparts for an annual strategy session in Washington on Friday, with both sides highlighting deep differences on diplomacy and security weeks before Presidents Donald Trump and Xi Jinping plan to meet at a summit in Argentina.
News
November 07, 2018
China is finally getting a taste of Canadian crude, if only for a couple of months.
News
November 06, 2018
Iraq aims to supply China with 60% more crude next year, according to the head of the state-run Oil Marketing Co.
News
November 05, 2018
Natural gas is in such hot demand in China right now it’s allowing a quirky market to flourish: transporting the fuel on trucks.
News
November 05, 2018
Global integrated subsea services business, Kreuz Subsea and consortium partner Seamec Ltd, have successfully completed the mobilization of the Kreuz Glorious vessel to commence a two-year project with India’s Oil & Natural Gas Corporation (ONGC).
News
October 30, 2018
Philippine Energy Secretary Alfonso Cusi is optimistic that a deal to jointly explore disputed areas of the South China Sea for oil and gas will finally move forward when President Xi Jinping visits next month.
