WorldOil As oil falters, fuel that drove bull run continues cruising Oil investors rattled by the threat of U.S. output can find some cheer from diesel demand in Asia. As Siberian gas awaits U.S. landing, a second ship may be coming A second tanker carrying Russian natural gas may be on the way to the U.S., following in the footsteps of a ship now sitting near Boston Harbor with a similar cargo. 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 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. Petro Matad provides update on Mongolian 3D seismic program MONGOLOIA -- Petro Matad, the AIM-quoted Mongolian oil explorer is pleased to provide an update on its 3D seismic acquisition program. Russia tightens oil grip in top market as China opens second pipeline A second Sino-Russian oil pipeline began operations on New Year’s Day, doubling China’s capacity to import crude from the East Siberia-Pacific Ocean system. Basis laid for another pipeline route of Russian gas supplies to China, Gazprom says Negotiations continue over the planned supplies from Russia’s Far East. China on its way to becoming second-largest importer of LNG China is ahead of schedule on its way to becoming the second-largest importer of liquefied natural gas. China's $160-billion energy MandA binge was bad for most investors If history is any guide, investors in China’s biggest oil companies may lose out as a record $35 billion in cash is tapped for a fresh round of deals, according to Sanford C. Bernstein and Co. LLC. New China star sells first Russian oil from $9-billion Rosneft deal A Chinese firm that’s grown from a small local trader to a global deal-making juggernaut sold its first cargo of Russian crude after buying a $9-billion stake in Rosneft Oil Co.