A Reuters report last week examining China’s renewed oil and gas exploration and production push should make the country’s oil majors, Beijing energy planners, and just about everybody else in Continue Reading
China’s liquefied natural gas imports broke another record last month amid rising stockpiles that made some importers nervous, Reuters reports , citing industry sources as well as vessel-tracking data. The Continue Reading
The world’s main liquefied natural gas (LNG) demand growth market, China, will continue to be the single largest source of LNG demand globally in 2019. However, the breakneck demand surge Continue Reading
Unexpected refinery shutdowns spur gasoline, gasoil imports Gasoline import arbitrage window opened throughout 2018 Domestic spot supply tight as local refiners eye overseas market Tokyo — Japan remained a net Continue Reading
When China hatched the first of a series of oil-for-loans agreements with Venezuela in 2007, it seemed like a perfect match. Venezuela had the world’s biggest oil reserves; China was Continue Reading
Singapore — China LNG demand is expected to rise further this year in line with its industrial and residential gas use, but the pace of that growth is set to Continue Reading
Troubles in an Australian power grid facing record summer heat may provide a cautionary tale for the Electric Reliability Council of Texas as it faces a high probability of a Continue Reading
PetroChina is looking to drop Venezuela’s state-owned oil firm PDVSA as an equity partner in a planned and long-delayed US$10-billion oil refinery and petrochemical complex in southern China, Reuters reported Continue Reading
China’s crude oil demand has picked up this month, as independent refiners are looking to buy more crude for March and April delivery to restock supplies while oil prices are Continue Reading
China’s state energy giants are set to raise spending on domestic drilling this year to the highest levels since 2016, focusing on adding natural gas reserves in a concerted drive Continue Reading
