China Oil

Russia Says Sanctions Helped Cement China, India Energy Ties

Together China and India accounted for around 90% of Russia’s crude exports, while Europe's share fell to only about 4-5%…

4 months ago

India, US, Saudi, EU Sign Ports Deal To Counter China Amid G20

The sweeping deal aims to link South Asia and the Middle East to help the flow of energy and trade…

7 months ago

Saudi Arabia Says it Will Collaborate, Not Compete With China

Cooperation between Riyadh and Beijing has deepened in security and sensitive tech amid a warming of political ties

10 months ago

China, India Imports of Russian Oil Surge to Record Highs

The world's No1 and No3 crude importers bought about 110 million barrels of Russian crude in May, up nearly 10%…

11 months ago

Russia Sends Increasingly Cheap Arctic Oil to India, China

"All these Arctic crudes usually go to the EU but now they have to go elsewhere," a trader in Singapore…

1 year ago

China Refiners Get Green Light to Boost Exports, Lift Economy

The increased quotas include 13.25 million tonnes of refined products – gasoline, diesel and aviation fuel

2 years ago

China Oil Demand Plunge a ‘Watershed Moment’

China's demand for gasoline, diesel and jet fuel could fall by 380,000 barrels a day this year - the first…

2 years ago

China Lockdowns, Demand Fears Blamed For Oil Price Tumble

Asia's factory activity slid last month as China's strict zero-Covid approach and cost pressures hit businesses hard

2 years ago

China Oil Refiners Cash In as Beijing Grants New Export Quotas

The quotas will bring this year's total refined fuel export quotas to 22.5 million tonnes, 39% less than the first…

2 years ago

China Oil Refining Slumps as Lockdowns Dampen Fuel Demand

"Our refining margins were in the negative, and operations only began to recover slightly from late May with some early…

2 years ago

China Oil and Gas Firm Readies First Offshore Carbon Capture Site

The carbon capture project, situated at CNOOC's Enping Oilfield in the mouth of the Pearl River, will store carbon dioxide…

2 years ago

China’s Purchases of Russian Oil, Coal Jump to Near-Record Levels

Customs data on Friday showed that China more than doubled its imports of Russian coking coal in April, taking advantage of…

2 years ago