ExxonMobil said on Monday it has commenced a A$120 million ($88 million) offshore exploration drilling off Australia’s southeast coast to search for new sources of natural gas. ExxonMobil Australia is Continue Reading
Sudan and China are close to signing new deals on oil and gas exploration that Chinese companies would carry out in the African country, Sudan’s ambassador to China Ahmed Shawir Continue Reading
It’s too early to declare winners and losers over increasing trade tensions between the U.S. and China. In fact, trade disputes are never a zero-sum game with clearly defined winners Continue Reading
China’s Unipec will resume purchases of U.S. crude oil in October after a two-month halt due to the trade dispute between the world’s two largest economies, three sources with knowledge Continue Reading
US and Chinese officials have ended two days of talks aimed at easing trade tensions without a clear breakthrough, ensuring the commercial dispute between Washington and Beijing that is roiling Continue Reading
China’s shipowners are shunning Iran’s oil, while the OPEC producer is using its own tankers to supply top customers as impending U.S. sanctions threaten to disrupt global crude trade. All Continue Reading
The United States and China escalated their acrimonious trade war on Thursday, implementing punitive 25 percent tariffs on $16 billion worth of each other’s goods, even as mid-level officials from Continue Reading
China on Thursday implemented tariffs on a second tranche of US goods, targeting oil products and coal for the first time, in retaliation to US tariffs effective the same day Continue Reading
Hunan, China — China might see a 140 million mt increase in raw coal demand should the currect rate of growth in thermal power continue in months to come, giving Continue Reading
Some Chinese coal traders handling U.S. imports have begun sourcing future supplies domestically, people with knowledge of the matter said, as they await delivery of the last U.S. cargoes to Continue Reading
