China | Egypt Oil & Gas - Part 9

SAGIA Inks MoU with China

The Saudi Arabian General Investment Authority (SAGIA) inked a memorandum of understanding (MoU) with China’s Shen Gong New Materials to establish an intelligent electronic manufacturing facility.

Iraq to Gain $1.75 B from Selling Oil to China

Iraq is expected to gain approximately $1.75 billion from the sale of 100,000 barrels per day (bbpd) of crude oil to China in 2020,

Iraq, China Oil Exports to Increase to 300,000 BBL/D

Iraq plans to raise its crude oil exports to China to reach 300,000 barrels per day (bbl/d), according to Mudher Saleh, Iraq’s Financial Advisor.

QP Signs 10-Year LPG Agreement with Chinese NOC

Qatar Petroleum (QP) has announced the signing of a 10-year Liquefied Petroleum Gas (LPG) with Wanhua Chemical Group (Wanhua). The agreement is for the sale of approximately 800,000 metric tons per year of LPG, co ...

Saudi Aramco Delays PetroChina Oil Loadings

Saudi Aramco has delayed light crude oil loadings to PetroChina for October delivery by about 10 days.

NPCC Signs Two MoUs with Chinese Energy Firms

The UAE’s National Petroleum Construction Company (NPCC) has signed memoranda of understanding (MoUs) with two leading Chinese energy entities.

Aramco Expands Downstream Investments in China’s Zhejiang FTZ

Saudi Aramco announced that it has signed a Memorandum of Understanding (MoU) with the Zhejiang Free Trade Zone (FTZ).

Saudi Oil Exports to China Hit Record Level

Saudi Arabia’s crude oil exports to China soared to 1.74 million barrels per day (b/d) in July, while shipments to the US tumbled to 161,000 b/d compared with 1.03 million b/d a year earlier.

Egyptian Students Win Shell’s Imagine the Future Competition

Shell announced that the team representing Zewail City of Science and Technology, Sound Clash, has won “Imagine the Future” international competition.

Saudi Oil Exports to China Hit Highest Level Since 2013

Saudi Arabia has compensated China for the shortage of crude oil supplies due to the US-imposed sanctions on Iran. After Chinese oil importer crude Iranian imports decreased to their lowest level since 2010.

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