Sinopec, CNPC Halts Buying Iranian Oil
China Petrochemical Corporation (Sinopec Group) and China National Petroleum Corporation (CNPC) has stopped purchasing Iranian oil in May.
China | Egypt Oil & Gas - Part 12
Iraq, China’s CPECC Ink $1.07 B Deal for Halfaya Oilfield
Iraq and China Petroleum Engineering & Construction Corporation (CPECC) inked a deal to build and operate facilities to process Iraqi Halfaya oilfield’s extracted natural gas and crude oil.
ADNOC Sends First Shipment to China
The 10,500 tons-shipment of calcined coke is to be delivered by the end of April.
ADNOC Inks Sales Agreement with China for Base Oil
The agreement supports ADNOC’s plan to enhance its downstream sector and petrochemical operations.
Saudi Arabia to Increase China’s Oil Exports
The Kingdom's crude exports to China is expected to increase, reaching 1.5 million b/d during Q1 2019, up from one million b/d at the same period a year before.
Saudi Arabia to Establish $10 B Refining Complex in China
Trade between the countries increased by 32% last year.
Algeria Signs $6B Phosphate Deal with China
Algeria signed a deal worth $6 billion with China to establish a phosphate plant on November 26.
Saudi Aramco Agrees 2019 Supply Deal with China’s Hengli Petchem
Saudi Aramco has agreed to supply 130,000 barrels per day (b/d) of crude to private Chinese chemical group Hengli Petchem for 2019, Aramco’s second major marketing alliance with a private Chinese refiner.
China’s Sinopec Signs Crude Supply Deal with Kuwait for 2019
Chinese oil major Sinopec has signed a 2019 annual deal to purchase crude oil from the Kuwait Petroleum Corp (KPC) on October 8.
Petroleum Ministry Eyes Chinese Investment Opportunities
Egypt has promising investment opportunities with China in the fields of energy, oil and natural gas, stated Ashraf Farag, deputy minister of petroleum for agreements and exploration.
