China | Egypt Oil & Gas - Part 23

China’s Sinopec Closes 500 Gas Stations, Refineries over Flooding

The massive flooding in China, that is reported to be the country’s worst since 1998, has forced the largest oil company in Asia, Sinopec, to close 500 gas stations and shut down some refinery facilities in the south ...

Egypt Inks Agreement on 18 Projects Funded by China

The Egyptian and Chinese ministers of trade and industry, along with the ministers of investment, have signed an agreement to research and execute 18 Chinese-funded projects that aim to increase the productive capaci ...

Saudi Arabia to Boost Energy Cooperation with China

Saudi Arabia considers boosting oil and gas cooperation with China, after discussions took place between China’s Vice Premier, and other officials in Beijing.

China, Nigeria Sign $80b Oil, Gas Infrastructure Development Deal

Chinese companies have agreed to invest $80b in oil and gas infrastructure projects in Nigeria.

Russia, China Boost Energy Deals

Russia and China have sealed a number of energy deals during the Russian President, Vladimir Putin, most recent visit to Beijing.

China’s Crude Imports from Russia Reach New Peak

China’s crude oil imports from Russia have hit a new record of 1.24mb/d, up 33.7% from 2015, according to data from the Chinese General Administration of Customs.

China Lowers Pakistan LNG Pipeline Price

China Petroleum Pipeline Bureau (CPP) has reduced its price offer by $200m for a gas pipeline deal with Pakistan, after negotiations with the government in Islamabad

China’s Chu Kong Wins Steel Pipes Bids by Sinopec

China’s largest manufacturer and exporter of longitudinal submerged arc welded steel pipes, Chu Kong Petroleum and Natural Gas steel Pipe Holdings Ltd, has earned two bids from China Petroleum and Chemical Corporatio ...

Venezuela Discusses Grace Period with China

Venezuela is currently in negotiations with China to earn a grace period in its oil-for-loans deal that is expected to improve the whole OPEC nation’s capacity to make bond payments amid an economic crisis

China’s Potential Oil Reserves Increase by 64%

China’s decision to boost oil exploration activities has led to a 64% increase of potential reserves since 2007.

Page 23 of 40

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