Saturday, December 6, 2025
China's Sinopec plans record LNG imports to battle cold snap- oil and gas 360

China’s Sinopec plans record LNG imports to battle cold snap

Reuters SINGAPORE – Sinopec Corp pledged on Tuesday to maximise domestic gas productions and raise imports of liquefied natural gas (LNG) to record rates as a cold spell hitting large parts of the country this week lifts demand for the winter heating fuel. On Monday China’s central economic planner, the National Development and Reform Commission (NDRC) urged companies to step

Venezuela's oil exports sink to 1940's level under tighter U.S. sanctions -data- oil and gas 360

Special Report: UAE emerges as hub for companies helping Venezuela avoid U.S. oil sanctions

Reuters NEW YORK – In June, the United States imposed sanctions on half a dozen oil tankers managed by established shipping firms. It was a major escalation of American attempts to choke off Venezuela’s oil trade. Within weeks, a little-known company based in the United Arab Emirates took over management of several tankers that had been shipping Venezuelan oil. The