Japan to import Yemeni Masila crude oil for the first time since 2015
Japan is set to import a Masila crude oil cargo from Yemen for the first time since 2015 as part of its efforts to expand its supply sources. The move Continue Reading
China’s top diplomat says cooperation with Iran to continue: Xinhua
China will continue its cooperation and relations with Iran, state news agency Xinhua reported on Friday, citing a statement from Chinese State Councillor Wang Yi. The Joint Comprehensive Plan of Continue Reading
Would The U.S. Sanction China For Buying Iranian Oil?
A U.S. State Department official has suggested that Washington could impose sanctions on China if it continues to buy Iranian oil after November 4 when sanctions specifically targeting Iranian oil Continue Reading
China’s CATL to start producing next-gen low-cobalt batteries in 2019: source
China’s largest lithium battery maker Contemporary Amperex Technology Ltd (CATL) plans to begin producing in 2019 next-generation nickel-rich batteries, which are cheaper to make and have longer life-spans, according to Continue Reading
Trade War May Push China To Russian Energy
Although China has backpedaled on proposed tariffs on U.S. crude imports, the move is indicative of its need to diversify sources and steps may now be taken to enable China Continue Reading
China Gas To Boost LPG Imports Threefold
China Gas plans to increase its annual imports of liquefied petroleum gas from 2.8 million tons to 10 million tons during the next five years as it enters the petrochemicals Continue Reading
U.S. Signals It Could Sanction China Over Iran Oil Imports
The new U.S. special representative for Iran said Thursday the Trump administration is prepared to impose sanctions on all countries that buy oil from Iran after a deadline in November, Continue Reading
Seoul concerned about condensate supplies amid looming Iran sanctions
South Korea is seeking a sanctions waiver from the US to continue importing Iranian condensate, saying that it is hard to find alternative sources due to limited suppliers, a government Continue Reading
Nigeria: NNPC, Chinese Consortium Meet to Finalise Term Sheet On 614km AKK Gas Line
The Nigerian National Petroleum Corporation (NNPC) and a Chinese consortium have met in Dubai, United Arab Emirate, to work towards finalising the term sheet for financing of the 614 kilometres Continue Reading
Indonesia’s Oil Sector In Jeopardy As Elections Loom
The future is looking grim for foreign resource companies with investments in Indonesia. In the current election cycle, it has become increasingly politically popular to push for repatriation of the Continue Reading