Trump Trade War Threatens US Natural Gas Exporters
This winter could be a bleak one for America’s natural gas exporters as the fastest-growing buyer of the fuel threatens to halt purchases amid an escalating trade war. PetroChina, a Continue Reading
China committed to Iranian oil and gas
According to state-run media in Iran, Chinese companies are keen on buying oil from Iran despite unilateral sanctions put in place by the United States. Andrey Yu, the head of the Continue Reading
Morningstar: China is a critical market for U.S. oil
After soaring last year, U.S. crude oil exports to China have started to slow down because of trade concerns and price differentials, Morningstar found. Total U.S. crude oil exports to Continue Reading
China coal output hits lowest in years, but heatwave boosts power generation
China’s coal output fell 2 percent in July to its lowest in years as Beijing’s crackdown on polluting industries crimped mining in the world’s top consumer of the fuel, driving Continue Reading
China’s Growth Engine Sputters as It Battles U.S. Over Trade
China’s economy continued to show signs of cooling, with fixed-asset investment slowing to a nearly two-decade low for the first seven months of the year as trade tensions with the Continue Reading
U.S.-Iran Sanctions Give China Lead in World’s Top Gas Field
China National Petroleum Corp. is expected to take the lead on a $5 billion project to develop Iran’s share of the world’s biggest gas deposit, taking over from France’s Total Continue Reading
PetroChina To Impose Temporary Halt On US LNG Purchases
Energy traders were on alert when Reuters reported last week that Chinese energy giant, PetroChina – the world’s first company to hit (and lose) a $1 trillion market cap long Continue Reading
Trump’s tariffs prove tougher obstacle than China expected
China’s top leaders huddled on their annual summer retreat on August 3, US President Donald Trump loomed large over their deliberations. Just two days earlier, Trump administration officials had said Continue Reading
Cheniere signs 25-year LNG sales deal with Taiwan’s CPC
U.S. liquefied natural gas (LNG) company Cheniere Energy Inc said on Friday it had signed a 25-year deal to supply Taiwan’s CPC Corp, which CPC valued at roughly $25 billion. Continue Reading
The Philippines Fight On Inflation: Sell Dirtier, Cheaper Oil
The Philippines is trying to curb its inflation running at five-year highs by ordering the companies to make available for sale cheaper but dirtier fuel, backtracking on a ban on Continue Reading