Saudi Aramco, is looking at several further opportunities to expand its downstream dealings with China. The new downstream projects with Sinopec follow this year’s earlier series of meetings in Beijing Continue Reading
In response to Putin’s aggression in Ukraine, many countries have introduced total bans on Russian crude. As a result, Russia has been forced to sell its oil at a heavy Continue Reading
China’s economy was losing momentum in the first quarter, even before the full impact of Russia’s invasion of Ukraine on commodity prices and global supply chains was felt. The country’s Continue Reading
No difficulty in pushing forward with Arctic LNG 2 CNOOC’s 2021 oil, gas output exceeds target Targets 1.64 mil-1.67 mil boe/d output in 2022 China’s state-run offshore giant CNOOC said Continue Reading
Activity in China’s manufacturing and services sectors contracted in March, according to official surveys that offer the first broad glimpse of the economic cost of efforts to contain the highly Continue Reading
China’s manufacturing and services activity contracted in March for the first time in almost two years, highlighting the economic strains of the government’s strict coronavirus measures. The official manufacturing PMI, Continue Reading
Highlights Considering ways to cut LNG, coal, oil dependency on Russia Building system for surveillance of coal supply for contingency To boost support via Jogmec for upstream oil, gas buys Continue Reading
March 30 (Reuters) – Coronavirus infections in Asia passed 100 million on Wednesday, according to a Reuters tally, as the region records a resurgence in cases, dominated by the BA.2 Continue Reading
Lockdown restrictions in Shanghai have resulted in residents thronging supermarkets to stock up on essential supplies. Residents in Shanghai are scrambling to stock up on supplies while thousands quarantine in Continue Reading
More than 20,000 bankers, traders, and other workers are bedding down in office towers in Shanghai’s Lujiazui district as they bid to keep China’s giant financial hub ticking over through Continue Reading
