ISIS is believed to have been behind a major attack on Syria’s energy infrastructure earlier this week that caused a nationwide blackout following an explosion at the Arab Gas Pipeline. – Tensions between India and China continue to escalate, now bleeding over into the refinery business after Indian lawmakers passed legislation restricting imports of crude oil from China. Earlier this month, the authorities halted the chartering of any Chinese-owned or flagged tankers to haul oil and fuel. – Four Americans have been indicted for selling Iranian oil to China in violation of sanctions between May 2019 and February 2020 in a scheme that involved shell companies, forgery, and the bribing of Chinese officials. – China is losing influence in South Sudan’s oil patch. The newly independent country has said it will allow CNPC’s contract to operate several oilfields to expire, at which point the […]