China ///

China’s first LNG bunker vessel to feature integrated Wärtsilä 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.

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

PESA is pleased to announce two PESA product exclusions that were filed have just been granted by United States Trade Representative (USTR).

China's pipeline reform to supercharge gas demand

China’s pipeline reform is poised to spur competition in its natural gas industry, lowering prices and supercharging demand.

Brent crude gets nudge as market weighs Trump comments, rig data

Brent crude rose even as President Donald Trump said the U.S. isn’t ready to make a trade deal with China, casting a shadow on prospects for oil-demand growth.

Australia's natural gas industry faces climate test despite conservative election win

Australia’s gas industry is in a relative sweet spot. Its ideally placed to serve Chinese buyers avoiding tariff-laden U.S. LNG and the surprise re-election of its center-right government means producers face less immediate pressure to cut emissions.

Oil holds gain as OPEC signal on output cuts counters trade risk

Oil held gains on signs that OPEC and its allies will extend production cuts beyond June, while prices remained capped by worsening trade relations between the U.S. and China.

InterMoor wins mooring installation contract from COOEC

InterMoor, a leading provider of mooring services, foundation solutions and offshore installations in subsea services group Acteon, has signed a contract with COOEC, a subsidiary of China National Offshore Oil Corporation (CNOOC), to install deepwater mooring systems for the Liuhua 16-2 and Lingshui 17-2 floating production facilities in the South China Sea.

API: Growing trade war with China could hurt U.S. LNG, consumers

API issued the following statement in response to China’s increase of the retaliatory tariffs on $60 billion worth of U.S. products, including U.S. LNG:

Permian drillers pull back amid U.S.-China trade spat

Crude explorers deployed fewer rigs in U.S. fields this week amid an escalating U.S.-China trade war that weighed on oil prices.

Can a major war be won?

Trent Latshaw, Latshaw Drilling Company

The recent tightening of oil export sanctions by the Trump administration against Iran has caused me to do some thinking.

Trade war risks escalate following Trump tweets

Talks between the U.S. and China to resolve their year-long trade standoff appeared to be on life-support Monday, with Beijing struggling to respond to tweets by President Donald Trump that threaten an escalation of tariffs by the end of the week.

Keppel FloaTEC secures engineering services contract for production semi in China

Keppel FloaTEC LLC, a wholly-owned subsidiary, of Keppel Offshore & Marine has secured an engineering services contract from China’s Offshore Oil Engineering Company Ltd (COOEC), the main EPCI (engineering, procurement, construction, installation) contractor for the Lingshui 17-2 production semi-submersible (semi) to be built in China.

CNOOC China signs petroleum contract with PetroChina

CNOOC Limited has announced that its subsidiary, CNOOC China Limited, has signed a Petroleum Contract with PetroChina Company Limited for Beibu Gulf 23/29 Block and Beibu Gulf 24/11 Block.

CNPC overseas equity oil, gas output up 10% in first-quarter 2019

Overseas equity of oil and gas production of China National Petroleum Corporation (CNPC) rose 10% year over year in the first-quarter 2019.

Shipping American oil to China while avoiding American terminals, the case of the supertanker switcheroo

How can a supertanker, loading American oil without coming within a thousand miles of the Texas or Louisiana coast, avoid coming to the U.S.?

CNOOC signs a PSC with Smart Oil

CNOOC Limited has announced that its parent company, China National Offshore Oil Corporation (CNOOC), has signed a production sharing contract (PSC) with Smart Oil Investment Ltd. (Smart Oil) for Bohai 09/17 Block (contract area).

China plans to invest in mature fields to boost production

China’s oil giants aim to spend the most in five years in pursuit of higher energy output.

CNOOC reports 2018 reserves, production, profit increase

CNOOC Limited has announced its 2018 annual results for the year ended December 31, 2018.

DNV GL has opened an artificial intelligence research centre in Shanghai

DNV GL has opened an artificial intelligence research center in Shanghai as it seeks new solutions to enhance its audit, inspection and survey services.