China | Egypt Oil & Gas - Part 36
China to Influence Oil Prices through Crude Futures Exchange
China plans to allow foreign investors to trade its proposed crude futures contract as the world’s second-largest oil consumer seeks to bolster its influence in determining benchmark prices.
Iran: Expanding Energy Cooperation with Strategic Partners After Sanctions
Iran’s Minister of Petroleum Bijan Namdar Zangeneh has described energy cooperation with China as “a strategic decision,” reiterating that Tehran is ready to expand ties with Chinese companies after anti-Iran sanctio ...
Oil Oversupply Not Helping Old Tankers As Originally Anticipated
As tanker owners with aged VLCC tankers were looking for an opportunity in the scrap market, in order to send their vessels for demolition, the opportunity of floating storage plays rose, giving those older ship anot ...
Iran and China Solidifying Trade, Energy Exchange
Iran and China hope to bring the level of their trade exchanges to $60 billion from the current $52 billion in a year or so, the head of Iran-China Joint Chamber of Commerce says.
China Offshore Corp’s Qinhuangdao Begins Production
CNOOC Limited has announced that its Qinhuangdao 32-6 comprehensive adjustment project has commenced production.
New Chinese Investments Worth $250 Million for Petroleum Sector
PRESS RELEASE Sherif Ismail, Minister of Petroleum and Mineral Resources, received a delegation from Star Oil & Gas Limited (SOG), the Chinese partners in the International Drilling Material Manufacturing Co. (IDM) ...
Chinese Raw Material Imports Slow During Holiday
China's imports of commodities eased again in February, as the Lunar New Year holiday week took a bite out of shipping volumes, preliminary customs data showed on Sunday.
Philippine Government Orders Suspension of Oil Exploration Over Dispute With China
The Philippine government has ordered the suspension of all exploration at an offshore oil and gas field because of an ongoing territorial dispute with China, a Filipino-British company said.
