China | Egypt Oil & Gas - Part 34

Iran Taps into Giant Oilfields Shared with Iraq

Iran has accelerated drilling of its largest oilfield which it shares with Iraq in order to catch up with its western neighbor in production

Iran Developing Own Brands of Hybrid and Electric Cars

Iran Khodro has signed an agreement with two local universities to produce hybrid and electric cars, with the first models expected to roll down the production line in the next three years.

Angola President Seeks More Non-Oil Deals with China

On a six-day trip to China that ends tomorrow, Angola’s President Jose Eduardo Dos Santos has pushed to broaden his nation’s relationship with China beyond a dependence on oil.

$3.5 Bn Joint Iran-China-Indonesia Crude Projects

Iran, China and Indonesia have reached a final agreement on building a refinery on the East Java island to process 150,000 barrels per day of heavy crude oil, an Iranian official said on Wednesday.

Angola’s dos Santos Seeks Opportunities in China

Angolan President Jose Eduardo dos Santos met Chinese counterpart Xi Jinping on Tuesday on a state visit to seek financing for projects, including a $4.5 billion hydropower scheme, intended to revive an economy hit b ...

Oil Prices Rally on Chinese Stimulus Hopes

Oil prices rallied on Tuesday, aided by hopes of Chinese stimulus, helping to offset concerns about high supplies, traders said.

UAE Purchases Offshore, Onshore Rigs from Multiple Sources for $543 million

The United Arab Emirates' National Drilling Company has signed contracts worth $543 million to buy 14 new rigs,

China Starts Construction on Pipeline to Bring in Russian Gas

Russian state gas company Gazprom says China has started construction on a pipeline to bring Russian gas to China.

Russian Oil Company Begins Trading in Chinese Currency Amid Continued Sanctions

Gazprom Neft, Russia’s third-largest oil producer, is now settling all of its crude sales to China in renminbi, in the most clear sign yet that western sanctions have driven an increase in the use of the Chinese curr ...

Debt and Payments Scheme Agreed between Iran and China

Iran and China have agreed on a new arrangement for crude oil payments under which Beijing will reimburse part of the money owed to Tehran in cash,

Page 34 of 39

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