China Reveals $20B Loan Package for MENA Countries
Chinese President Xi Jinping on Tuesday pledged $20 billion in loans, and about $106 million in financial aid, to Middle East nations.
Chinese President Xi Jinping on Tuesday pledged $20 billion in loans, and about $106 million in financial aid, to Middle East nations.
Saudi Aramco is looking to expand its investments in refining and petrochemicals to secure new markets for its crude, and has identified growth in chemical industries as strategic in combating the risk of a slowd ...
A Chinese investment firm will spend $2 billion on building an oil refinery in the northern Iranian province of Mazandaran.
China, India, Japan, and South Korea imported a total of 1.63 million barrels per day (mb/d) in February, the lowest levels since December and a 20% decline from February 2017.
China National Petroleum Corporation has bought two stakes in Abu Dhabi's offshore fields worth $1.18 billion from the Abu Dhabi National Oil Company.
Saudi Aramco has approved providing 12 million barrels of crude oil to China’s Huajin Chemical Industries Group Corporation based on an annual deal.
China is set to become the second biggest importer of liquefied natural gas (LNG) by volume this year.
Russia, Saudi Arabia, and Iraq were the top crude suppliers for China’s domestic market in November.
Saudi Arabia’s cru.de exports to China rose in October even as the Asian giant reduced oil imports
Iraq’s crude exports from its Basra ports are up approximately 150,000 barrels per day (b/d) in November.