China | Egypt Oil & Gas

China | Egypt Oil & Gas

China, India LNG Demand Poised for Recovery as Global Supply Eases

China and India’s liquefied natural gas (LNG) imports are expected to recover from multi-year lows once the Middle East supply crunch ends and prices decline, Reuters reported, citing industry executives.

Venture Global Signs 20-Year LNG Supply Deal With China Gas

Venture Global will supply China Gas with 0.5 MTPA of US LNG under a 20-year agreement starting in 2030.

Sinopec: China’s Oil Demand to Fall 8.9% in 2026

China’s oil demand is expected to decline by 600,000 barrels per day (bbl/d), or 8.9%, in 2026, marking the third consecutive annual contraction, according to research from the China Petroleum & Chemical Corporati ...

Egypt, China Reaffirm Energy Cooperation as President Xi Jinping Visits Cairo

Egypt and China reaffirmed their commitment to strengthening cooperation in the energy sector, including renewable energy projects, as Chinese President Xi Jinping began a state visit to Egypt on September 1–2, 20 ...

Sinopec Boosts Russian Oil Purchases Amid Middle East Supply Shortfall

Multiple trade sources and vessel-tracking data show China state-owned Sinopec, the world’s largest refiner, stepping up purchases of Russian Far East crude to offset disruption in Middle Eastern supplies caused b ...

Turkmenistan H1 Gas Production Edges Higher to 39.1 bcm

Turkmenistan, which holds the world’s fourth-largest proven natural gas reserves, produced 39.1 bcm of natural gas in the first half of 2026, up slightly from a year earlier, while China remained the country’s lar ...

China Lifts July Fuel Export Limits

China has removed restrictions on refined fuel exports for the remainder of July, allowing private refiner Zhejiang Petrochemical Co. to resume overseas shipments following over a four-month halt, according to Reu ...

Hormuz Disruptions Force China to Delay 500,000 bbl/d in Refining Capacity

Chinese refiners have delayed two major refining projects slated for 2026 deployment, freezing a combined capacity of 500,000 barrels per day (bbl/d) following Middle Eastern crude supply disruptions at the Strait ...

China’s CATL Sees Energy Storage Business Reaching 50% of Global Sales by 2030

Chinese battery manufacturer CATL expects energy storage solutions to account for 50% of its global sales by 2030, up from around 25% currently, according to Reuters.

Kevin Tang, CATL’s Director of Energy S ...

New US Sanctions Target Iran Oil Shipments to China Ahead of Trump-Xi Meeting

The US has imposed sanctions on three individuals and nine companies for facilitating Iranian oil shipments to China, including entities based in Hong Kong, the United Arab Emirates, and Oman.

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