China ///

As oil booms, biggest importer signals demand will boom too

Oil investors discouraged by Wednesday’s data showing a retreat in Chinese crude imports can find cheer in another figure released in the world’s top buyer on the same day.

Venezuelan oil too big to fail, at least for China and Russia

Venezuela’s sudden demand to renegotiate its billions in debt could complicate life for its two biggest oil patrons, China and Russia.

China Poly to see Ethiopian gas exports by 2019, minister says

China Poly Group plans to start exporting natural gas from Ethiopia’s eastern Ogaden basin by mid-2019 as it continues to explore near the border with Somalia, Petroleum Minister Motuma Mekassa said.

China to get first Yamal LNG cargo as Russia says "thank you"

Russia’s Yamal LNG, set to be the world’s biggest Arctic producer of liquefied natural gas, plans to send its debut cargo to China as thanks for its support.

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.

Seen from space, China's oil demand looks stronger than expected

The crude market may be underestimating China’s oil demand.

As gas use surges, China sees "harsh" winter without more supply

Chinese regulators warned that the nation may face a “harsh” supply situation this winter if natural gas supplies can’t keep up with its booming demand.

China is about to do for global gas demand what it did for oil

China is in a “golden age” for natural gas that will make it the world’s biggest user of the fuel sometime between 2040 and 2050, according to analysts at Sanford C. Bernstein & Co.

Gazprom, CNPC, KazMunayGas partner on natural gas infrastructure

Vitaly Markelov, deputy chairman of the Gazprom Management Committee, Huang Weihe, vice president of PetroChina (under a power of attorney on behalf of CNPC), and Daniyar Berlibayev, executive vice president for transportation, processing and marketing of KazMunayGas, today signed a Memorandum of Understanding at the 7th St. Petersburg International Gas Forum.

China curbs oil product exports to North Korea, bans condensate

China slapped fresh sanctions on North Korea, curbing some oil product exports to the country, after U.S. President Donald Trump ordered new sanctions this week.

CNOOC accelerates Green Dragon's asset development via supplementary agreements

Green Dragon Gas Ltd. has announced that it has finalized a memorandum of understanding (MOU) on five production sharing contracts (PSC) and two supplementary agreements with China United Coalbed Methane Corporation (CUCBM).

Wood Group secures subsea contract supporting CNOOC in the South China Sea

Wood Group has been awarded a new contract by China National Offshore Oil Corporation (CNOOC) to support their Lingshui 17-2 gas development in the Qiongdongnan basin of the South China Sea.

CNPC, Eni sign E&P cooperation agreement

China National Petroleum Corporation (CNPC) and Eni signed cooperation agreement in order to cooperate in oil & gas exploration and production, gas and LNG value chain opportunities, trading and logistics opportunities, refining and petrochemicals.

OPEC increases global oil demand forecasts on Europe, China

OPEC raised estimates for the amount of crude it will need to supply next year amid a stronger outlook for global oil demand.

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.

LNG glut may flip to deficit as Cheniere sees China growth

The global glut plaguing liquefied natural gas markets may start to dwindle in five years, threatening to spur a deficit equivalent to twice the output of leading producer Qatar.

CNOOC signs PSC with SK Innovation Co. for Pearl River Mouth basin block

CNOOC Limited has announced that its parent company, China National Offshore Oil Corporation (CNOOC), has signed production sharing contract (PSC) with SK Innovation Co., Ltd. (SK) for Block 17/08 in the South China Sea.

Trump's sanction threat puts Chinese banks, oil giants on notice

President Donald Trump’s rhetoric about imposing widespread sanctions on China for propping up North Korea’s economy may put pressure on some of its banks and oil companies.