WorldOil 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. Oil and Gas in the Capitals Big EandP projects advance in Vietnam and Indonesia; Chinese intimidation continues Russia cements top spot in crude sales to China as Saudis recede Russia continues to pull ahead of its oil rivals including Saudi Arabia in China, the world’s biggest energy user. New China energy star still hungry after $9-billion Rosneft deal A $9 billion stake in one of the world’s biggest oil companies may not be enough for CEFC China Energy Co. CNPC, Eni sign EandP cooperation agreement China National Petroleum Corporation (CNPC) and Eni signed cooperation agreement in order to cooperate in oil and gas exploration and production, gas and LNG value chain opportunities, trading and logistics opportunities, refining and petrochemicals. UN sanctions to cut North Korea's fuel imports as crude keeps flowing New United Nations sanctions on North Korea will cut imports of fuels such as gasoline and diesel by almost 56% while capping shipments of crude at current levels, according to the U.S. China oil investors shrug off future fossil-fuel vehicle ban The prospect of China banning fossil fuel-powered vehicles is failing to alarm investors in the oil producers likely to lose out. China deepens oil ties with Russia in $9-billion Rosneft deal A closely-held Chinese oil company agreed to buy a minority stake in Rosneft PJSC for about $9 billion, deepening energy and political ties with Russia amid increasing tensions with the U.S. Gazprom, Mitsui ink framework agreement on small- and mid-scale LNG in Japan A working meeting between Alexey Miller, chairman of the Gazprom Management Committee, and Masami Iijima, chairman of the board of directors of Mitsui and Co., Ltd., took place at the Eastern Economic Forum 2017 in Vladivostok. Xodus advises Japan on decommissioning trends Xodus Group has delivered a decommissioning ‘trend survey’ to JOGMEC (Japan Oil and Gas and Metals National Corporation) to provide Japanese oil and gas companies with a better understanding of the decommissioning process and how to manage their global asset and abandonment liabilities.