Chinese firm buys into Irish offshore oil field
Providence Resources said today that Chinese firm Apec will buy into the Barryroe oil field, off the south coast of Ireland.
china
Total signs up for Chinese energy sector investment fund
French energy major Total has joined forces with two other parties to launch an investment fund dedicated to the energy sector in China.
Chinese oil contract to rival US WTI and UK’s Brent is born
China launched its first ever crude-futures contract as the world’s biggest oil buyer seeks to wield greater power over pricing and challenge benchmarks in the U.S. and Europe.
China tackles speculation as it tries to create oil benchmark
As China seeks to establish a global oil benchmark at home, it wants to prevent a speculative bubble in its upcoming crude futures.
Mystery of China Energy giant that came from nowhere
CEFC China Energy Co.’s rapid ascent was shrouded in mystery and the turmoil that’s engulfed the company over the past week is no different.
LNG rollercoaster will get wilder until China builds storage
The rollercoaster that drags liquefied natural gas prices higher as demand jumps in the northern hemisphere winter is going into overdrive.
BP to expand retail business in China
BP has entered into joint ventures with Shandong Dongming Petrochemical Group (Dongming Petrochemical) to develop a fuel station and retail business in China.
The breakneck rise of China’s colossus of electric-car batteries
The next global powerhouse in the auto industry comes from a small city in a tea-growing province of southeast China, where an unheralded maker of electric-vehicle batteries is planning a $1.3 billion factory with enough capacity to surpass the output of Tesla and dwarf the suppliers for battery-powered cars GM, Nissan and Audi.
China to send robot submarine down to sunken oil tanker
Preparations are under way to send a robot submarine to explore a sunken Iranian oil tanker where all 32 crew members are believed to have died, Chinese officials said.
China’s solar surge boosts green energy funding
China’s insatiable appetite for solar power led to a surprise increase in global clean-energy investment last year even as U.S. President Donald Trump pushed to undermine pollution rules and curbs on coal.
Body discovered as oil tanker fire continues to rage off China coast
Rescuers have found a body believed to be that of a sailor from an Iranian oil tanker which caught fire after a collision in the East China Sea, with 31 other people still missing.
Dozens of crew members missing after oil tanker collides with freighter
An Iranian oil tanker has collided with a bulk freighter and caught fire off China's eastern coast, leaving its entire crew of 32 missing, most of them Iranians, authorities said.
China ups North Korea trade restrictions, enforces oil supply cap
China has tightened restrictions on trade with North Korea under UN nuclear sanctions, imposing a cap on oil supplies to the North and banning imports of its steel and other goods.
Trump warns China over ship-to-ship fuel sales to North Korea
President Donald Trump warned that alleged illicit Chinese oil sales to North Korea may jeopardize a peaceful resolution to the confrontation over Kim Jong Un’s nuclear weapons and missile programs.
China’s winter misery brings LNG traders gift of volatility
China’s self-inflicted heating crisis this winter signals deeper seasonal price swings that may be a boon for liquefied natural gas traders.
BP to build $230m lubricants plant in China
Oil major BP will invest $230million in a new lubricants blending plant in China to help meet demand in the Asian powerhouse.
Cnooc starts up new project in South China Sea
Chinese oil firm Cnooc has announced that its wholly-owned Weizhou 12-2 oil field phase II project has come on stream.
New China star sells first oil from $9bn Rosneft deal
A Chinese firm that’s grown from a small local trader to a global deal-making juggernaut sold its first cargo of Russian crude after buying a $9 billion stake in Rosneft.
China jumps from worst carbon emitter to record solar investor
China, the world’s biggest carbon emitter, is poised to install a record amount of solar-power capacity this year, prompting researchers to boost forecasts as much as 80 percent.
Adipec 2017: China to become 2nd largest LNG importer ‘within a year or two’
China will become the second largest importer of liquefied natural gas (LNG) after Japan “within a year or two”, an industry chief said today.
Trump’s $250billion China haul is big number, little substance
The headline number is impressive: A quarter-trillion dollars worth of deals from China that President Donald Trump can use to show he’s creating opportunities for U.S. businesses and jobs for his base.
A chilled ‘thank you’: Russia to send China first Arctic LNG
Russia’s Yamal LNG, set to be the world’s biggest Arctic producer of liquefied natural gas, plans to send its debut cargo to China as thanks for its support.
China is about to do for global gas demand what it did for oil
China is in a “golden age” for natural gas that will make it the world’s biggest user of the fuel sometime between 2040 and 2050, according to analysts at Sanford C. Bernstein & Co.
China backs closure of North Korean-owned businesses under UN sanctions
China’s government has ordered most North Korean-owned businesses and ventures with Chinese partners to close under UN sanctions imposed over the North’s nuclear and missile programmes, according to reports.
China imposes limit on oil supply to North Korea
China has announced that it will limit energy supplies to North Korea and stop buying its textiles under UN sanctions imposed over its nuclear and missile development, further reducing support from Pyongyang’s last ally.