http://www.worldoil.com WorldOil China trade truce may help give U.S. LNG a $30-billion boost http://www.worldoil.com/news/2018/5/21/china-trade-truce-may-help-give-us-lng-a-30-billion-boost China’s appetite for U.S. liquefied natural gas may be about to get a lot bigger after the two nations agreed to pull back from the brink of a trade war. China energy firm CEFC defaults after Rosneft deal fails http://www.worldoil.com/news/2018/5/21/china-energy-firm-cefc-defaults-after-rosneft-deal-fails As corporate defaults pile up in China’s onshore bond market, a unit of a once-promising energy conglomerate with $4.8 billion of debt and a checkered past said it won’t be able to meet its payment obligation Monday. CNOOC, Husky sign PSCs for exploration blocks in the South China Sea http://www.worldoil.com/news/2018/5/18/cnooc-husky-sign-pscs-for-exploration-blocks-in-the-south-china-sea 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. Oil and gas in the capitals http://www.worldoil.com/magazine/2018/may-2018/columns/oil-and-gas-in-the-capitals 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.” Reliable sand detection helps to optimize separator efficiency, prevent costly shutd http://www.worldoil.com/magazine/2018/may-2018/features/reliable-sand-detection-helps-to-optimize-separator-efficiency-prevent-costly-shutd 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. Recovery improved in a brownfield heavy oil well, using inflow control technology http://www.worldoil.com/magazine/2018/may-2018/special-focus/recovery-improved-in-a-brownfield-heavy-oil-well-using-inflow-control-technology 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. Total at risk of losing gas field stake to CNPC if it quits Iran http://www.worldoil.com/news/2018/5/7/total-at-risk-of-losing-gas-field-stake-to-cnpc-if-it-quits-iran 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. Qatar steps in to buy Rosneft stake as China deal collapses http://www.worldoil.com/news/2018/5/4/qatar-steps-in-to-buy-rosneft-stake-as-china-deal-collapses 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. CEFC China may cut half its workers, but Rosneft deal still alive http://www.worldoil.com/news/2018/4/25/cefc-china-may-cut-half-its-workers-but-rosneft-deal-still-alive 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. Trump trade war spurs India to import more oil, drones from U.S. http://www.worldoil.com/news/2018/4/24/trump-trade-war-spurs-india-to-import-more-oil-drones-from-us 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.