China | Egypt Oil & Gas - Part 17
Kuwait Increases Oil Exports to China
Kuwaiti governmental data indicated that the country's exports of crude oil to China in February 2017 increased by 16.5% from February 2016 on daily basis to 1.07m tons, equivalent to around 281,000b/d.
Oman to Reduce Exports to Asia by 15%
Non-OPEC producer Oman has notified its term customers in Asia that it will reduce supplies by 15% from June to meet local demand and as part of its commitment to cut output under a producers' agreement.
Saudi Arabia Remains as China’s Biggest Oil Supplier
Saudi Arabia maintained its spot as China's top oil supplier in February, two months into the first OPEC output cuts in almost a decade, despite a near 13% fall in shipments from 2016. Sinopec Close to Buy Chevron’s Oil Assets in S Africa
China Petroleum and Chemical Corp. (Sinopec) is nearing a deal to buy Chevron's South African oil assets for up to $1b to secure its first major refinery on the continent.
Saudi Arabia, China Sign $65b Preliminary Deals
China and Saudi Arabia have signed preliminary deals that could be worth as much as $65b if finalized. One of the preliminary agreements envisages the joint development of downstream and petrochemical projects in China.
Kuwait Oil Exports to China Reached 253,000b/d
Kuwait's crude oil exports to China in January edged down 1.8% from January 2016 to 1.07m tons, equivalent to around 253,000b/d.
El Molla Meets with Chinese Delegation over Projects Development
Tarek El Molla, met with Industrial and Commercial Bank of China ( ICBC) delegation headed by Evy Tsai, the General Manager of ICBC’s Africa Branch.
ADNOC Awarded 12% Onshore Stake to China
Abu Dhabi National Oil Co., the UAE’s main state oil firm, announced late February that it has awarded a combined 12% stake in a mega onshore venture to two Chinese companies, CEFC China Energy Co. and China National ... 
