Oil Jumps On Trump-Xi Trade Truce
Crude oil began trading today with a 5-percent gain following favorable reports from G20, where Presidents Trump and Xi agreed on a 90-day truce and Russia’s Vladimir Putin said Russia Continue Reading
China-U.S. Ceasefire Paves Way For New LNG Projects
News broke on Saturday that the U.S. and China had reached a ceasefire in its ongoing trade war after President Trump met with Chinese President Xi Jinping at the G20 Continue Reading
China ‘Is the Only One in the Race’ to Make Electric Buses, Taxis and Trucks
“China is the only one in the race; it’s all Chinese manufacturers,” said Sandra Retzer, the Beijing-based head of sustainable mobility at the German Agency for International Cooperation, which is Continue Reading
The Biggest Threat To Australia’s LNG Sector
Demand for natural gas is rising fast. The relative clean nature of the fuel, abundance, and geographic distribution make it a good alternative to pollutant coal and intermittent renewables. The Continue Reading
China’s Oct oil product consumption rises 4% on year: NDRC
China’s consumption of oil products rose 4.1% year on year to 28.13 million mt in October, latest data released by the National Development and Reform Commission showed. The growth was Continue Reading
Taiwan Firm Stops Importing Iranian Oil Despite Waiver
Due to lack of a payment mechanism, Taiwanese firm Formosa Petrochemical will not be buying Iranian oil despite a U.S. waiver to do so, and will replace part of its Continue Reading
U.S., China Exploring Deal to Ease Trade Tensions
New talks would focus on what both sides are calling trade “architecture,” a broad term that could encompass many issues the U.S. has wanted Beijing to address, including intellectual property Continue Reading
Is The Trade War Coming To An End?
Oil markets appear to be full of uncertainty, awaiting the outcome of the OPEC+ meeting for more direction. But some clues about the trajectory of oil prices in 2019 may Continue Reading
Iraq approves China drilling deal for West Qurna Two oilfield: sources
Iraq has approved a $156.74 million drilling deal with China’s Bohai Drilling Engineering Co. for the West Qurna Two oilfield, two Iraqi oil officials said on Tuesday. Under the 24-month Continue Reading
Fake Signals and Illegal Flags: How North Korea Uses Clandestine Shipping to Fund Regime
They do so through a shifting array of tactics obscuring the ships’ links to Pyongyang. Crews use fake customs manifests and paint over hulls with false names. At sea, they Continue Reading