Beijing is taking to task a Pentagon report , ”Military and Security Developments Involving the People’s Republic of China 2018” released last Thursday on China’s military activities. The annual report Continue Reading
China, seeking to skirt U.S. sanctions, will use oil tankers from Iran for its purchases of that country’s crude, throwing Tehran a lifeline while European companies such as France’s Total Continue Reading
Mile after mile of the Great Barrier Reef is dying amid rising ocean temperatures. Hundreds of bush fires are blazing across Australia’s center, in winter, partly because of a record-breaking Continue Reading
Chinese buyers of Iranian oil are starting to shift their cargoes to vessels owned by National Iranian Tanker Co (NITC) for nearly all of their imports to keep supply flowing Continue Reading
Highlights Hyundai Oilbank to crack heavier crude even more efficiently Mexican Maya crude seen economical for better cracking margins Gearing up for IMO 2020 rule with upgraded crackers Singapore — Continue Reading
After several months of what can only be only called bad PR and troubling news coming out of the ExxonMobil-led $19 bn Papua New Guinea (PNG) LNG project, finally some Continue Reading
China’s banking regulator has ordered banks to boost lending to infrastructure projects and exporters as the government seeks to bolster economic confidence on the eve of a new round of Continue Reading
The oil market has suddenly gone south in recent weeks, with cracks in the global economy starting to drag down oil. The U.S.-China trade war is one of the drivers Continue Reading
Our friends over at Ursa published a blog post yesterday discussing crude inventories at Kyaukphyu in Myanmar, highlighting the seeming political nature of recent crude flows to the storage hub. Continue Reading
A broad cross-section of U.S. businesses has a message for the Trump administration: new tariffs on $200 billion of Chinese imports will force Americans to pay more for items they Continue Reading
