China | Egypt Oil & Gas

Russian Oil Supplies to China Up by 22% on year

China's oil imports from Russia increased by 22% in September compared to the same month last year, but they lagged Saudi Arabia somewhat as independent refiners increased their purchases of cheaper Russian fuel i ...

Russia to “Replace” Nordstream 2 with Siberia 2 Pipeline to China

According to a statement from Moscow, Nord Stream 2 will be "replaced" by a different gas pipeline to China.

China’s July Coal Imports from Russia Jump 14%

China bought discounted coal while Western nations avoided Russian cargoes due to Russia's invasion of Ukraine, causing China's coal imports from Russia to increase by 14% in July from a year earlier to their high ...

China Issues New Set of Quotas for Fuel Exports

Reuters reported on Tuesday that China has issued 4.5 million tonnes of export quotas for refined fuel, an increase to the first issue for 2022 in order to ease domestic inventories after the COVID-19 lockdown hit ...

China’s Oil imports Rose in April, But Refiners Face Weakened Demand

In comparison to the same month last year earlier, China's crude oil imports rose nearly 7%, the first increase in three months, although sluggish fuel demand due to COVID-19 lockdowns dampened refinery throughput ...

CNOOC Stocks Climb 44% in Shanghai Debut

The oil giant's stock started trade at 20% more than its offering price. However, the Shanghai Stock Exchange started a 30-minute trading suspension almost immediately when the stock price hit the daily allowable ...

China’s Crude Oil Imports From Saudi Arabia Drop by 13% in March

China imported around 13% less crude oil from Saudi Arabia in March 2022, compared to a year earlier, while its imports from Russia dropped by 14%.

Chinse Crude Imports Decline by 14% on a Year-on-Year Basis in March

China, the world's largest crude oil consumer imported last month 42.71 million tonnes, or 10.06 million barrels per day, according to data released by the General Administration of Customs on Wednesday (bpd). Com ...

Oil Prices Dip Amid China Lockdown, Release of Reserves

On Monday, oil prices declined more than $2 per barrel for the second straight week as world consumers announced plans to release a record amount of crude oil and oil products from strategic stocks in addition to ...

Sinopec Halts Project in Russia

China's Sinopec suspended discussions for a gas marketing venture and petrochemical investment in Russia.

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