http://www.worldoil.com WorldOil The Philippines in talks with China for joint sea exploration http://www.worldoil.com/news/2018/2/19/the-philippines-in-talks-with-china-for-joint-sea-exploration The Philippines and China are in talks to jointly pursue oil and gas exploration in disputed waters of the South China Sea, Foreign Affairs Secretary Alan Peter Cayetano said Friday. OGIC to strengthen innovation ties with China http://www.worldoil.com/news/2018/2/15/ogic-to-strengthen-innovation-ties-with-china A selection of Scotland’s leading oil and gas research and development institutions will be heading to China next month (March 5-10) to strengthen ties, share knowledge and increase business opportunities with leading innovation houses in Beijing. What LNG traders want to know most is if China surprises again http://www.worldoil.com/news/2018/2/14/what-lng-traders-want-to-know-most-is-if-china-surprises-again China’s winter liquefied natural gas binge sent prices to three-year highs, left European terminals largely idle and pulled in ships halfway around the world from Louisiana to the Pacific region. China ends 25-year wait as yuan oil futures to start trading http://www.worldoil.com/news/2018/2/9/china-ends-25-year-wait-as-yuan-oil-futures-to-start-trading After a wait of about a quarter of a century, the world’s biggest oil buyer is finally getting its own crude-futures contract. 'Oil-for-loan' deals partly to blame for Venezuela's economic spiral http://www.worldoil.com/news/2018/2/2/oil-for-loan-deals-partly-to-blame-for-venezuelas-economic-spiral China’s role in Venezuela, including oil-for-loan deals, is partly to blame for the South American country’s shrinking economy and the international community will probably shoulder the costs, U.S. Treasury Under Secretary for International Affairs David Malpass said. Cnooc aims for highest spending in four years amid oil recovery http://www.worldoil.com/news/2018/2/1/cnooc-aims-for-highest-spending-in-four-years-amid-oil-recovery Cnooc Ltd. plans to raise capital spending to the highest since 2014 and revised upward its oil and gas output targets. PetroChina says profit may triple amid cost cuts, higher oil http://www.worldoil.com/news/2018/1/30/petrochina-says-profit-may-triple-amid-cost-cuts-higher-oil PetroChina Co., the country’s biggest oil and gas producer, forecast that full-year profit rebounded off a record low and may have tripled amid cost cutting and higher energy prices. China passes South Korea as No. 2 LNG importer http://www.worldoil.com/news/2018/1/24/china-passes-south-korea-as-no-2-lng-importer China’s General Administration of Customs just confirmed what liquefied natural gas industry insiders have been speculating for weeks: There’s a new No. 2 in town. An oil giant shrinks in Asia as dirty skies turn cash toward gas http://www.worldoil.com/news/2018/1/18/an-oil-giant-shrinks-in-asia-as-dirty-skies-turn-cash-toward-gas China’s crude oil production will likely extend it’s slide into a third year as state-run giants focus on pumping natural gas to meet President Xi Jinping’s drive to use more of the cleaner-burning fuel. Flow of unwanted oil from China is set to turn into a deluge http://www.worldoil.com/news/2018/1/17/flow-of-unwanted-oil-from-china-is-set-to-turn-into-a-deluge The pace at which China exports the fuel it doesn’t want is set to jump by more than four times in 2018, according to the nation’s biggest energy producer.