China


All posts for China

Iran's Crude Buyers Explore their Options

India and China are exploring ways to keep taking Iranian crude after U.S. sanctions hit in November, according to ESAI Energy's recently published Middle East Watch Crude . Iran's national tanker company, NITC, has begun insuring cargos to both countries, and rupee- and renminbi-riyal payment m ...

OilVoice Press - OilVoice


Posted 7 months agoOpinion > IranIslamic Republic of IranESAI +6

More Than 30% of Global Maritime Crude Oil Trade Moves Through the South China Sea

Source: U.S. Energy Information Administration, based on Clipper Crude Data Service and IHS EDIN Note: Click to enlarge . Total includes small flows (less than 0.1 million barrels per day) not shown on map. The South China Sea is a major trade route for crude oil, and in 2016, more than 30% ...

OilVoice Press - OilVoice


Posted 7 months agoOpinion > EIAEnergy Information Administration EIASouth China Sea +4

Global Shifts in Floating Storage Visible

Global 10-day floating inventories, excluding Europe and Africa, drew between August 13 and 20. The 10-day floating storage helps monitor congestion at ports, which is now at its lowest level since February 26 of this year. The Middle East Gulf registered a draw for the 10-day idle period and a bui ...

Kayrros


Posted 7 months agoOpinion > floating storageChinese Floating StorageChina +9

President XI Likely to Keep Crude Tariffs Sidelined

Although there is no off-ramp in sight for the trade war between the U.S. and China, stability and energy security are more important for the Chinese leadership than the need to ‘win' the trade war with the U.S., according to ESAI Energy's latest ChinaWatch report.  The first version of the $16 ...

OilVoice Press - OilVoice


Posted 8 months agoOpinion > ESAIESAI EnergyChina +7

Saudi Arabia And Iran Reignite The Oil Price War

By Tsvetana Paraskova for Oilprice.com The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. The two countries are currently reigniting the market share and pricing war ahead of the returning U.S. sanction ...

Oilprice Staff


Posted 8 months agoOpinion > oilpriceKingdom of Saudi ArabiaSaudi Arabia +9

Empyrean Energy Final Results: The Company Is Excited About Stronger Oil Prices and Three Projects in Development

Empyrean Energy is pleased to announce its final results for the year ended 31 March 2018.  The full Report and Accounts will be made available on the Company's website in the coming days. HIGHLIGHTS Reporting Period Block 29/11, Pearl River Mouth Basin, China (EME 100%) 580km 2 3D s ...

OilVoice Press - OilVoice


Posted 8 months agoPress > Empyrean Energyoil pricePearl River Mouth Basin +1

China’s Projected Energy Consumption Mainly Depends on its Overall Growth Rate

Source: U.S. Energy Information Administration, International Energy Outlook 2018 Note: PPP is purchasing power parity. As the world's top producer of energy-intensive goods, China's energy consumption is tied to both its rate of economic growth and the size of its energy-intensive man ...

OilVoice Press - OilVoice


Posted 8 months agoOpinion > ChinaEIAEnergy Information Administration EIA +2

EIA’s Latest International Energy Outlook Highlights Analysis of China, India, and Africa

Source: U.S. Energy Information Administration, International Energy Outlook 2018 China, India, and Africa are three of the most populated parts of the world. Their economies collectively consume about one-third of all global energy, and their energy consumption is projected to grow faster ...

OilVoice Press - OilVoice


Posted 9 months agoOpinion > EIAEnergy Information Administration EIAEnergy +5

Total and CCCC Strengthening Their Relationship Worldwide to Meet the Challenges of the Construction Industry

Paris - Total and China Communications Construction Company (CCCC) have signed a mutual preferred supplier agreement to extend their existing relationship to a worldwide perimeter. CCCC, a fully integrated engineering company, and Total, a global integrated energy producer and provider, are both ...

OilVoice Press - OilVoice


Posted 9 months agoPress > TotalconstructionCCCC +2

China is a Key Destination for Increasing U.S. Energy Exports

Source: U.S. Energy Information Administration, Petroleum Supply Monthly , Natural Gas Monthly Republished July 10, 2018, 10:00 a.m. to correct the units for China's imports of crude oil and propane. In recent years, as its domestic energy consumption has grown, China has become a mo ...

OilVoice Press - OilVoice


Posted 9 months agoOpinion > ChinaUSUnited States +10

The New Oil Cartel Threatening OPEC

By Irina Slav for Oilprice.com When reports emerged that India and China are in talks about forming an oil buyers' club , OPEC was probably too busy with its upcoming June 22 meeting to concern itself with that dangerous alliance. Now, it may be time for it to start worrying. "The timing is ri ...

Oilprice Staff


Posted 9 months agoOpinion > oilpriceOPECIndia +2

CNOOC Signs a PSC with Roc Oil and Smart Oil

HONG KONG, July 3, 2018 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that its parent company, China National Offshore Oil Corporation (CNOOC), has signed a production sharing contract (PSC) with Roc Oil (Bohai) Company (Roc Oil) and Smart Oil Inves ...

OilVoice Press - OilVoice


Posted 9 months agoPress > ChinaCNOOCPSC +5

US and Russia Dominate Global Capex on Planned Pipelines to 2022, Says GlobalData

The US and Russia will dominate global capital expenditure (capex) on planned major, trunk crude oil, petroleum products and natural gas pipelines during the outlook period 2018–2022, according to leading data and analytics company GlobalData. Canada, China and Nigeria will also be significant spen ...

OilVoice Press - OilVoice


Posted 9 months agoOpinion > United StatesUSRussia +5

Eight Insights Based on December 2017 Energy Data

BP recently published energy data through December 31, 2017 in its  Statistical Review of World Energy 2018 . The following are a few points we observe, looking at the data: [1] The world is making limited progress toward moving away from fossil fuels. The two bands that top fossil fuels that a ...

Gail Tverberg


Posted 10 months agoOpinion > EnergyBPGail Tverberg +6

FACTBOX: China Threatens 25% Tariff on US Energy, Agricultural Products

The trade war between the US and China escalated on Saturday with China threatening an additional 25% tariff on $50 billion worth of US goods, including energy and agricultural products, in response to President Donald Trump's decision to place similar tariffs on the same annual value of Chinese p ...

OilVoice Press - OilVoice


Posted 10 months agoOpinion > ChinaUnited StatesUS +10