Monday, 15th February 2021
The Iraq’s Oil Minister, Ihsan Abdul Jabbar, said that his government is going into advanced negotiations with the Chinese companies to establish oil storage facility in China seeking to boost its oil sales to Asia.
Thursday, 21st January 2021
Saudi Arabia, which is the largest oil exporter in the world, keep its ranking as the first oil supplier for China during 2020, beating Russia .
Monday, 18th January 2021
Chinese oil productivity has gradually declined by 0.5% reaching 14.9 million barrels per day (mmbl/d) in December 2020 after recording a high in November. While the country’s total crude proceeded during 2020, jumped up 2.7% reaching 13.51 mmbl/d compared to the previous year.
Thursday, 14th January 2021
According to data issued by the General Administration of Customs, the total China’s oil imports during 2020 reached 542.39 million tons
Wednesday, 6th January 2021
The Chinese Sinopec company announced the establishment of the first phase of a new shale gas field, Weirong, in southwestern Sichuan at a production capacity estimated at 1 billion cubic meters of natural gas per year (bcm/y).
Wednesday, 30th December 2020
Eni’s Chief Executive Officer (CEO), Claudio Descalzi, and the Director General of the International Cooperation Center of the National Development and Reform Commission (ICC-NDRC), Huang Yong, signed a Memorandum of Understanding (MoU) to promote energy cooperation between Eni and China.
Wednesday, 23rd December 2020
Iran began drilling operations at phase 11 of the South Pars oil field last week with aim of recovering natural gas in March 2021.
Monday, 7th December 2020
China’s General Administration Customs data announced that the Imports of crude oil has risen to 11.04 million barrels per day (mmbbl/d) during November, compared to 10.02 mmbbl/d in October.
Thursday, 3rd December 2020
Gazprom company said that it exported natural gas to China by 113.6% of the planned volume in November via Power of Siberia gas trunkline from the Chayandinskoye field.
Thursday, 19th November 2020
China’s state-run oil and gas company, Sinopec, has announced that it plans to produce more than 30 billion cubic meters (bcm) of natural gas in 2020.