China
News
May 18, 2018
CNOOC Limited has announced that its parent company, China National Offshore Oil Corporation (CNOOC), has signed two production sharing contracts (PSCs) with Husky Oil Operations (China) Limited for Block 22/11 and 23/07, in the South China Sea.
News
May 15, 2018
Europe is starting to steal some of the limelight from China’s booming liquefied natural gas demand as imports pick up after several lackluster years.
Article
May 2018
On April 3, Vietnamese state firm, PetroVietnam, issued the following and unusually blunt statement on its website: “The East Sea is forecast to continue to have uncertainty this year...affecting the company’s efforts to attract foreign investors to invest in its open offshore fields.”
Article
May 2018
Awareness of sand build-up in separator vessels is crucial to their efficient operation. The latest vibrating fork level detectors provide greater visibility of sand deposits, helping to avoid unplanned shutdowns and improve production efficiency.
Article
May 2018
Using AICDs in heavy oil fields can reduce water cut. As a case study shows, the viscosity difference between heavy oil and water provides a favorable mobility ratio well-suited to this technology, and increased oil production.
News
May 08, 2018
The end of some of the weakest physical crude prices in years could be in sight.
News
May 07, 2018
Total SA, the only Western energy major investing in Iran, will lose its stake in the South Pars natural gas field to its Chinese partner if the Paris-based company withdraws from the country, the head of National Iranian Oil Co. said.
News
May 04, 2018
Qatar emerged as a major shareholder in Rosneft PJSC on Friday after a $9-billion deal to sell a stake in Russia’s state-run oil producer to China’s troubled CEFC Energy Co. collapsed.
News
May 03, 2018
The trading unit of one of the world’s biggest refiners is displeased with Saudi Arabia’s oil pricing, which may benefit the U.S. and Russia.
News
April 25, 2018
CEFC China Energy Co. may cut half of its 30,000-strong workforce as the sprawling conglomerate faces increased financial pressures and scrutiny from Beijing, said an official at one of its units.
News
April 24, 2018
India is seeking more oil, drones and aircraft from the U.S. to help narrow its $28-billion trade surplus amid rising concerns of possible collateral damage to its economy from President Donald Trump’s trade spat with China.
News
April 17, 2018
While the Chinese government threatens a 25% tariff on propane imports from the U.S., an American court is ordering retribution for a breach of contract to buy the heating fuel that’s a key ingredient in making plastics.
News
April 12, 2018
During his speech Tuesday at the Boao Forum, Chinese President Xi Jinping gave reassuring words to help calm tariff tensions with the U.S. Xi’s commitment to cut tariffs and open the economy could be a first step in drawing more interest from foreign investment.
News
April 10, 2018
The head of China’s largest natural gas importer believes the country’s energy ties with the U.S. are set to deepen, despite trade conflict between the world’s two largest economies that has roiled financial markets.
News
April 10, 2018
Oil advanced above $64/bbl after Chinese President Xi Jinping’s conciliatory tone in a closely watched speech raised hopes that U.S.-China trade tensions may ease, lifting risk assets around the world.
News
April 09, 2018
U.S. and Chinese based oil & gas steel fabricators have been some of the first companies within the industry to be impacted by the countries playing high-stakes poker through targeted tariffs, Rystad Energy research shows.
News
April 09, 2018
Chinese company ENN said it will consider a $10.3-billion takeover from U.S. suitor Harbour Energy for Santos Australian LNG exporter.
News
April 06, 2018
Oil extended a weekly loss as U.S. President Donald Trump ordered the consideration of new tariffs on Chinese imports, escalating trade tensions.
News
April 06, 2018
China’s tariffs in one corner of the energy market signal U.S. shale fields may follow the nation’s farms as a target if a trade war escalates.
News
April 06, 2018
The Middle East is a potential beneficiary of the brewing trade war between the U.S. and China.
News
April 04, 2018
Crude fell after China said it would levy tariffs on $50 billion of U.S. imports in retaliation against measures by President Donald Trump.
