China ///

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.

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.

Rystad Energy: China’s promise to cut tariffs, open economy allows U.S. producers to breathe easier

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.

China gas giant "confident" U.S. energy ties set to deepen

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.

Oil rises after Xi's speech on optimism U.S.-China spat may ease

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.

Rystad Energy: U.S. oilfield services have more to lose than Chinese peers amid trade tensions

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.

Oil extends weekly loss as Trump urges new U.S. tariffs on China

Oil extended a weekly loss as U.S. President Donald Trump ordered the consideration of new tariffs on Chinese imports, escalating trade tensions.

Top Vietnam oil company says sea tensions hurt investment

Vietnam’s state-owned oil company said South China Sea tensions will hurt oil and gas exploration and efforts to attract foreign investment to offshore fields.

Global trading giants dip toes in China oil futures on debut day

Two of the world’s biggest oil traders gave China’s crude futures contract a go on its long-anticipated trading debut.

Crude drops as Trump tariffs on China spark trade war concerns

Crude took a turn lower amid an equity selloff largely pinned to growing apprehension about a potential trade war with China.

PetroChina profit pops as oil rally counters gas, write-downs

PetroChina said profit almost tripled last year as earnings from exploration and production overcame asset write-downs and losses from importing natural gas.

CNOOC announces start of production at Weizhou 6-13 field, in the South China Sea

CNOOC Limited has announced that Weizhou 6-13 field has commenced production ahead of schedule.

Blue skies above China need space below ground to store natural gas

While China seeks more natural gas to meet booming demand from President Xi Jinping’s clean-air drive, one part of the fuel’s supply chain isn’t growing fast enough to avoid a repeat of this winter’s supply crunch.

Singapore's non-oil exports slide the most since 2016

Singapore’s non-oil domestic exports slumped the most since October 2016, signaling growth risks to one of Asia’s most trade-dependent economies.

At $232 billion, world's third-largest oil major is severely undervalued

With its earnings outlook improving and pipeline assets expected to be restructured, analysts are forecasting a rally in PetroChina’s Hong Kong shares.

China is said to probe chairman of emerging energy star CEFC

Ye Jianming, the founder and chairman of rapidly expanding Chinese conglomerate CEFC China Energy, has been investigated by government authorities.

G3 Exploration reports progress at GGZ Block in southwest China

G3 Exploration Ltd., an independent specialist in the exploration and development of coal bed methane gas (CBM), with roots in China and a focus on international expansion, is pleased to provide a progress update of the exploration and development activities for its Baotian-Qingshan (GGZ)2 Block, situated in the Guizhou Province, China.

LNG rollercoaster seen getting wilder until China builds storage

The rollercoaster that drags liquefied natural gas prices higher as demand jumps in the northern hemisphere winter is going into overdrive.

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

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.