http://www.worldoil.com WorldOil U.S. oil lets top Korean refiner pivot away from Middle East https://www.worldoil.com/news/2019/7/17/us-oil-lets-top-korean-refiner-pivot-away-from-middle-east South Korea’s biggest oil refiner is looking to buy a wider variety of U.S. crude grades to reduce its reliance on Middle East supply. CNOOC China signs cooperation framework agreement with Sinopec Corp. https://www.worldoil.com/news/2019/7/10/cnooc-china-signs-cooperation-framework-agreement-with-sinopec-corp CNOOC Limited has announced that CNOOC China Limited, its subsidiary, has signed a Cooperation Framework Agreement with China Petroleum and Chemical Corporation (Sinopec Corp.) regarding the sea areas of Bohai, Beibu Gulf and South Yellow Sea, as well as North Jiangsu basin. China raises security warning on vessels plying Malacca Strait https://www.worldoil.com/news/2019/7/4/china-raises-security-warning-on-vessels-plying-malacca-strait China raised the security level for its vessels heading through the Strait of Malacca, a key Asian trade route and major oil choke point. Inpex submits revised POD for Indonesia's Abadi LNG project https://www.worldoil.com/news/2019/6/21/inpex-submits-revised-pod-for-indonesias-abadi-lng-project Inpex Corp. has announced that through its subsidiary Inpex Masela, Ltd, it has submitted to Indonesian government authorities (the authorities) a revised Plan of Development (POD) for the Abadi LNG Project. Inpex agrees on framework for $20-billion Indonesian LNG project https://www.worldoil.com/news/2019/6/16/inpex-agrees-on-framework-for-20-billion-indonesian-lng-project Japan’s Inpex Corp. agreed on a framework with Indonesia for the $20-billion Abadi liquefied natural gas project, a key step toward reaching final investment for one of the world’s biggest export ventures. Trade deal could propel U.S. to top of China's LNG supplier list https://www.worldoil.com/news/2019/6/12/trade-deal-could-propel-us-to-top-of-chinas-lng-supplier-list Here’s another reason for Presidents Donald Trump and Xi Jinping to seal a swift trade deal: it could put the U.S. on track to become China’s biggest supplier of liquefied natural gas, according to Morgan Stanley. China’s first LNG bunker vessel to feature integrated Wärtsilä solutions https://www.worldoil.com/news/2019/6/10/china-s-first-lng-bunker-vessel-to-feature-integrated-waertsilae-solutions China’s first seagoing LNG bunker vessel will operate with a comprehensive and integrated package of highly efficient and environmentally sustainable solutions from the technology group Wärtsilä. IEA: Asia demand set to power global gas growth over the next five years https://www.worldoil.com/news/2019/6/7/iea-asia-demand-set-to-power-global-gas-growth-over-the-next-five-years After another record year, global demand for natural gas is set to keep growing over the next five years, driven by strong consumption in fast-growing Asian economies and supported by the continued development of the international gas trade. NOVATEK creates JV in China with Sinopec and Gazprombank https://www.worldoil.com/news/2019/6/5/novatek-creates-jv-in-china-with-sinopec-and-gazprombank During the official visit of the President of the People’s Republic of China Xi Jinping to the Russian Federation, PAO NOVATEK, Sinopec and Gazprombank signed Heads of Agreement on establishing a joint venture to market LNG and natural gas to end-customers in the People’s Republic of China. U.S. Trade Representative grants two PESA exclusions to Chinese trade tariffs https://www.worldoil.com/news/2019/6/5/us-trade-representative-grants-two-pesa-exclusions-to-chinese-trade-tariffs PESA is pleased to announce two PESA product exclusions that were filed have just been granted by United States Trade Representative (USTR).