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Oil & Gas Trade
Saudi Retains Top Spot Among China Oil Suppliers
Saudi Arabia has remained China’s number-one crude oil supplier.
Crude Oil
China Begins Releasing Oil from Its Strategic Reserves
China is releasing some oil from its strategic reserves days after the U.S. invited it to participate in a joint sale, suggesting the world’s two biggest oil c…
China
PetroChina, Hengli Win four Cargoes in First China Oil Reserve Sale
The prices were lower than the spot market as Middle East crude benchmark Dubai was at $74.09 a barrel on Thursday.
Oil Field
China’s First Deepwater Oil Project Reaches Full Capacity
China has launched full-capacity production at its first independently developed deepwater oil project, which is located in the eastern section of the South Chi…
Oil Field
CNOOC Brings Online Another Oilfield off China
Chinese oil and gas giant CNOOC Limited has started production from its Luda 29-1 oilfield, which is located offshore China.
Oil Field
China: Daqing Oilfield's Oil and Gas Achieved Double Overproduction in the First Half
As of June 30, PetroChina’s Daqing Oilfield had completed domestic and international oil and gas production equivalent of 21.54 million tons, an increase of 86…
Oil Refinery
China On Track To Be World’s Largest Oil Refiner in 2021
In the global refining industry, COVID-19 has exposed a seismic shift. While China’s oil refineries forge ahead with capacity expansion, many western-based ref…
Crude Oil
China Cuts Saudi, Russia Crude Imports in March
China imported less crude from top suppliers Saudi Arabia and Russia in March compared to a month earlier, while boosting arrivals from Brazil and the UAE, cust…
Oil Field
CNOOC Sees Minimal Output hit from China Oil Field Fire
China's state-controlled CNOOC expects a fire at one of its offshore platforms earlier this week to reduce crude production by around 600,000 bl this year.
Crude Oil
China Issues Higher Oil Import Quotas For 2021
China has issued the first round of crude oil quotas for next year, and it is 18 percent higher than the respective round for 2019, citing unnamed sources in th…
CNPC
CNPC Open Day In Madeisland：Myanmar-China Oil and Gas Pupeline Project
On August 25, the first stop of the "Open Day" of CNPC's overseas projects-the China-Myanmar oil and gas pipeline project "Cloud Open" was officially launched.
China
Robust Chinese Demand Fuels Oil Market Recovery
Following last week's price rally, oil prices move higher on Monday morning, on bullish demand figures coming from China.
Oil & Gas Trade
China’s Crude Oil Imports Drop From Record Highs
China’s crude oil imports are estimated to have dropped in July by 3 percent from June, but they were still much higher than the import volumes in July 2019.
China
Why the Iran-China Oil Alliance is So Important
The steady rise in U.S. strategic competition with the People’s Republic of China over trade and the South China Sea already has so many dimensions that it is …
China Energy
CNOOC Announces Significant South China Sea Discovery
China National Offshore Oil Corporation announced a major discovery in Huizhou 26-6 in the east of the South China Sea.
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