New Survivex owner expands into China
The private-equity backed group which bought Aberdeen offshore survival trainer Survivex has opened a new office in China's oil and gas heartland.
china
Iraq to raise China oil sales by 60%
Iraq aims to supply China with about 60 percent more crude next year, as OPEC’s second-biggest supplier double downs on its main market in Asia, according to the head of the state-run Oil Marketing Co.
Big oil woos China with $24bn splurge in old pirate’s lair
A Chinese archipelago that served as a pirate’s den in centuries past and was governed by President Xi Jinping in the new millennium is luring the world’s energy giants.
Li Ka-shing’s Husky goes hostile in Chinese battle for Canada’s oil sands
Husky Energy Inc. made a C$3.3 billion ($2.6 billion) hostile bid for MEG Energy Corp., setting up a battle between the Canadian oil company linked to Hong Kong billionaire Li Ka-shing’s family and Chinese energy giant Cnooc Ltd., a major investor in the targeted oil-sands producer.
Oil soars as speculation mounts of US-China trade dispute
Oil rose after the biggest weekly loss in two months as speculation of a crude supply shortage took precedence over escalating trade tensions between the world’s two biggest economies.
Exxon moves ahead on China projects as trade tensions simmer
Exxon Mobil Corp., the U.S. energy behemoth, signed deals to move ahead on a proposed multibillion-dollar petrochemical project and a gas import terminal in southern China, contrasting with trade tensions between the two nations that may escalate this week.
Aker Solutions snaps up £32m order from China
Aker Solutions has won contracts valued at more than £32 million to deliver power umbilical systems to Cnooc's Liuhua oil fields off Hong Kong.
OPINION: Is the future renewable for China?
China’s dash for world leadership in clean energy technologies has been one of the most significant developments in the global energy scene over the past few years and its implications are insufficiently recognised.
China’s LNG policies and their increasing worldwide impact
China’s growing demand for non-contractual liquefied natural gas (LNG) will change the landscape in the next few years, influencing the global market, LNG prices, international LNG supply agreements and China’s domestic gas industry.
China fuel surplus brings huge tankers to Europe
Brand-new supertankers are ferrying a rare flow of diesel from Asia to ports thousands of miles away in Europe as a surplus of the fuel from China scouts for a new home.
China’s most-wooed oil buyers are being shunned
They were once the toast of the oil town, courted by everyone from OPEC producer Saudi Arabia to energy giant BP Plc and top independent trader Vitol Group. Not so much anymore.
Oil rattled by trade war sets price on course for weekly slump
Oil is poised for the biggest weekly loss in almost five months after escalating trade tensions between the U.S. and China rattled investors while Libya’s plans to boost output allayed some fears of a supply crunch.
Oil falls as US ramps up China trade war with new $200bn list
Oil fell below $74 a barrel after U.S. President Donald Trump raised the stakes in the trade war against China with the biggest list yet of goods it may hit with higher tariffs.
Too big to succeed: Solar titans flop when they climb to No. 1
A Chinese company called JinkoSolar Holding Co. is now the world’s largest maker of solar panels.
Solar prices nosedive after China pullback floods global market
Solar panels were already getting cheaper this year, and then China pulled the plug this month on about 20 gigawatts of domestic installations. The result was a glut of global inventories, and now prices are plunging even faster.
China, India want to buy more US oil to counter Opec
Two of Asia’s largest crude buyers are considering teaming up to buy U.S. supplies and counter OPEC’s dominance in the world’s biggest oil market.
New Scotland-China flight link part of energy trade strategy
The Scottish Government has published its new China strategy, setting out plans for stronger trade links with the world’s largest economy.
Trump renews China tariff threat despite hopes tensions had eased
The US has renewed its threat to place 25% on 50 billion dollars (£38bn) of Chinese goods in retaliation for what it says are the country's unfair trade practices.
Petrofac to supply staff for South China Sea gas development
UK oil field service giant Petrofac will supply staff for a gas field project in the South China Sea as part of a three-year deal with Husky Energy's Chinese subsidiary.
Renewables firm EDP to reject $11bn Chinese takeover bid
EDP-Energias de Portugal SA is poised to reject a 9.1 billion euro ($10.9 billion) takeover offer from China Three Gorges Corp. on the grounds that it undervalues Portugal’s biggest energy company, according to people with knowledge of the matter.
VIDEO: Shell and CNOOC launch petrochemicals joint venture in China
Shell and China National Offshore Oil Corporation (CNOOC) have announced the start-up of a new petrochemical plant in China.
China’s shale output to almost double by 2020, Woodmac says
Chinese shale gas production will almost double between now and 2020, energy consultancy Wood Mackenzie (Woodmac) has predicted.
China gas giant ‘confident’ US energy ties set to deepen
The head of China’s largest natural gas importer believes the country’s energy ties with the U.S. are set to deepen, despite trade conflict between the world’s two largest economies that has roiled financial markets.
Trump’s trade war with China sends oil to worst week in a month
Oil headed for its worst week in a month after US President Donald Trump called for new tariffs on Chinese goods, souring investor optimism that tensions between the world’s two largest economies will ease with negotiations.
China seeks Goldilocks moment in oil: How futures debuts compare
China wants its first-ever oil futures contract to be done just right, rather than too hot or too cold.