INDUSTRY NEWS

China's CEFC Eyes Big League With Rosneft Oil Offtake Deal

The CEFC deal comes in parallel to a Chinese offer to buy a 5 percent stake in Saudi Aramco, the world's biggest crude oil exporter.

China Investment 2017-10-19

China's CNPC Starts Third Natural Gas Pipeline To Shanghai

The line has an annual capacity of 1.84 billion cubic metres of gas, said CNPC, which also operates the other two gas pipelines ito Shanghai. ​

China Oil Pipeline 2017-10-19

China Independent Oil Refiners Set Up $5B Joint Venture

The alliance is planned as an upgrade on a crude buying federation set up by a larger group of independent plants in early 2016. That effort has had little success.

China Petrochemical 2017-10-19

China is about to do for global gas demand what it did for oil

The nation is poised to outpace the U.S., the current No. 1 consumer of natural gas, as well as all other countries over the next two decades, Bernstein said in an Oct. 17 research note. China led growth in global oil demand for much of the past 20 years.

2017-10-19

Destination China for Continental’s Bakken Volumes

"This is a historic day for Continental and begins a new chapter in our long-term strategy to establish multiple international markets for American light sweet oil," said CEO Harold Hamm.

China Shale Gas 2017-10-19

Oil set for weekly gain on rebalancing signs from U.S. to China

Oil is heading for the biggest weekly gain since mid-September as a drop in U.S. crude stockpiles and near-record Chinese imports added to signs the global market is rebalancing.

2017-10-18

As foreigners eye Chinese shale, political barriers persist, U.S. trade official says

Interest has grown around China's oil and gas reserves in recent years, as new drilling and hydraulic fracturing technology employed in the United States is believed to have the potential to revive China's dormant oil and gas industry.

2017-10-18