http://www.worldoil.com WorldOil Aker Solutions to deliver power umbilical systems to China's Liuhua fields https://www.worldoil.com/news/2018/8/15/aker-solutions-to-deliver-power-umbilical-systems-to-chinas-liuhua-fields Aker Solutions won orders valued at more than NOK 350 million to deliver power umbilical systems to China National Offshore Oil Corporation's (CNOOC) Liuhua oil fields in the South China Sea, off Hong Kong. Vantage awarded annulus wash, cementing assurance in Malaysia https://www.worldoil.com/news/2018/8/13/vantage-awarded-annulus-wash-cementing-assurance-in-malaysia Vantage Oilfield Solutions Sdn Bhd (Vantage) has received a work order award from Petronas Carigali Sdn Bhd (Petronas Carigali) for the Provision of annulus wash and cementing assurance for Kepong-A field, Terengganu, Malaysia. PetroChina is said to mull suspending U.S. LNG purchases https://www.worldoil.com/news/2018/8/13/petrochina-is-said-to-mull-suspending-us-lng-purchases PetroChina Co. may temporarily halt purchases of U.S. liquefied natural gas spot cargoes through the winter to avoid potential tariffs amid a trade conflict between the U.S. and China, according to people with knowledge of the strategy. U.S.-Iran sanctions give China lead in world's top gas field https://www.worldoil.com/news/2018/8/12/us-iran-sanctions-give-china-lead-in-worlds-top-gas-field China National Petroleum Corp. is expected to take the lead on a $5-billion project to develop Iran’s share of the world’s biggest gas deposit, taking over from France’s Total SA, which halted operations after U.S. President Donald Trump reimposed sanctions on the Islamic Republic. China explorer Cnooc may reward investors, even if oil won't https://www.worldoil.com/news/2018/8/7/china-explorer-cnooc-may-reward-investors-even-if-oil-wont Chinese offshore oil giant Cnooc Ltd. may have more to offer equity investors betting on the recovery in global crude prices, even if the rally appears to be taking a bit of a breather. Petro Matad spuds Snow Leopard-1 well in Mongolia https://www.worldoil.com/news/2018/7/10/petro-matad-spuds-snow-leopard-1-well-in-mongolia Petro Matad, the AIM quoted Mongolian oil explorer, has advised that the Snow Leopard-1 well (Petro Matad 100%) in the Taats basin of Block V spudded on July 9, 2018. EIA: China is a key destination for increasing U.S. energy exports https://www.worldoil.com/news/2018/7/10/eia-china-is-a-key-destination-for-increasing-us-energy-exports In recent years, as its domestic energy consumption has grown, China has become a more significant destination for U.S. energy exports. In particular, China has been among the largest importers of U.S. exports of crude oil, propane, and liquefied natural gas. Companies in the news https://www.worldoil.com/magazine/2018/july-2018/news-resources/companies-in-the-news Akofs Offshore has been awarded a contract for light well intervention services, using its 156-m vessel, Akofs Seafarer, for all Equinor-operated licenses, in the period 2020 to 2025. U.S. oil sellers may look to India as tariff war with China escalates https://www.worldoil.com/news/2018/7/9/us-oil-sellers-may-look-to-india-as-tariff-war-with-china-escalates American oil producers may find a new friend in India as they brace for a trade war with China that could curb U.S. shipments. Steel tariffs: A campaign promise the oil industry hoped Trump would not keep https://www.worldoil.com/magazine/2018/july-2018/features/steel-tariffs-a-campaign-promise-the-oil-industry-hoped-trump-would-not-keep On March 1, U.S. President Donald Trump announced 25% tariffs on imported steel and aluminum. The EandP industry is telling Congress and the administration that this is a bad idea. The real question is “Why Was Anyone Surprised?”