China


All posts for China

Strategic Stockpiling to Support China's Crude Imports

China's strategic petroleum reserve (SPR) depot in Jinzhou officially started filling in August 2018, bringing the existing depot capacity to a total of 249.1 million barrels, according to ESAI Energy's new released China Watch report. The launch of this site suggests that Beijing is slowly progr ...

OilVoice Press - OilVoice


Posted 11 months agoOpinion > ESAIESAI EnergyChina +4

Gazprom Begins Start-Up Operations at Third Gas Production Facility of Bovanenkovskoye Field

The Gazprom  Management Committee  took note of the information about the progress of major investment projects. The Company continues to implement the extensive  Eastern Gas Program  and to build facilities associated with supplying gas to domestic consumers and to China. In particular, 119 produ ...

OilVoice Press - OilVoice


Posted 11 months agoPress > GazpromgasGas Production +11

ExxonMobil Signs Framework Agreement For Proposed Chemical Complex in China

Company is evaluating a multibillion-dollar investment in Guangdong Province Project would help meet expected chemical demand growth in China Part of company's plans to grow manufacturing capacity in the U.S. and Asia Pacific SPRING, Texas--( BUSINESS WIRE )-- ExxonMobil said today that it has ...

OilVoice Press - OilVoice


Posted 11 months agoPress > ExxonMobilExxon MobilExxon Mobil Corporation +4

Empyrean Energy PLC: Appointment of Consultants for Third-Party Independent Audit of Block 29/11, China

Appointment of Consultants for Third-Party Independent Audit of Block 29/11, China   Empyrean Energy (EME: AIM), the oil and gas development company with interests in China, Indonesia and the United States, is pleased to announce that it has engaged Gaffney, Cline & Associates (“GCA”), a global ...

OilVoice Press - OilVoice


Posted 11 months agoPress > Empyrean EnergyChinaAudit +4

Dr. Daniel Fine: Trump and Oil in Trade Geopolitics

Unlike 1973, and its oil embargo against the United States, there is no supply threat from the Middle East. Consequently, only a demand unknown moves the price of crude oil. Permian/Delaware has displaced the Middle East as a source and even Mexico imports U.S. production.  This has caused euphori ...

Will Fine


Posted 11 months agoOpinion > United StatesMiddle EastPermian +69

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 11 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 11 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 11 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year agoOpinion > ChinaUSUnited States +10