China

Source: Reuters

Analysis: Venezuelan oil, masked as Malaysian, rushes into China before fuel tax

Reuters


SINGAPORE/KUALA LUMPUR/MEXICO CITY – Traders are racing to deliver record volumes of Venezuelan crude oil masked as Malaysian bitumen blend to China, ahead of new fuel taxes that look set to upend the lucrative flow of sanctioned oil to …

Source: CNBC

Energy expert Dan Yergin says the U.S. is looking for a way to ‘peel Russia back’ from China

CNBC


The U.S. wants Russia to pivot away from China, and may be showing flexibility on sanctions as an “olive branch,” according to Daniel Yergin, vice chairman of IHS Markit.

Washington on Wednesday imposed sanctions on some vessels and entities …

Source: CNBC

Tensions will likely grow as China seeks bigger role in the Arctic

CNBC


China’s ambitions to take a more significant role in the Arctic will likely lead to growing tensions, according to risk consultancy firm Control Risks.

China has developed a “prominent presence” in the region since joining the Arctic Council as …

Source: Reuters

Column: Bearish signal for crude as China again draws on inventories

Reuters


LAUNCESTON, Australia  – China is likely to have dipped into its crude oil stockpiles in April, the third time in the past seven months it has done so, a sign that the era of massive inventory builds may be …

Source: CNBC

China has ‘no other choice’ but to rely on coal power for now, official says

CNBC


BEIJING — China has ambitious goals for cutting its carbon emissions, but it won’t be abandoning coal power anytime soon as it keeps its eye firmly on economic targets.

President Xi Jinping said in September that the country’s carbon …

Source: Reuters

Oil prices rise after robust China data, Middle East tension

Reuters


LONDON – Oil prices rose on Tuesday after strong Chinese import data, while Middle East tensions gave only a limited boost given no crude supply has been disrupted so far.

Brent crude oil futures were up 67 cents, or …

April 13, 2021 - 9:30 am China, Closing Bell Story‎, Crude Oil News, Energy News
Source: Reuters

China drills deep in disputed South China Sea

Reuters


BEIJING – China has drilled deep in the South China Sea to retrieve sediment core from the seabed, state media reported on Thursday, amid tensions over disputed waters with rival claimants Taiwan and the Philippines, as well as with …

April 8, 2021 - 2:00 pm China, Closing Bell Story‎, Crude Oil News, Energy News
Source: Reuters

John Kerry says Biden’s ambitious climate plan is ‘not a counter to China’

CNBC


No single country can solve the climate crisis — and the American pursuit of greater research and development on climate change is not a counter to China, the Biden administration’s climate envoy John Kerry told CNBC on Sunday.

“No

April 5, 2021 - 2:00 pm China, Climate Change, Closing Bell Story‎, Energy News
Source: CNBC

U.S. and China’s next economic battle will be over climate change, experts say

CNBC


Having long been at loggerheads over tradetechnology and capital markets, the world’s foremost economic superpowers are turning their attention to climate change as the next path to commercial supremacy.

China outspent the U.S. by nearly 2-to-1 …

April 1, 2021 - 3:30 pm China, Closing Bell Story‎, Economy
Source: Reuters

CNOOC’s profit plunges 59% in 2020 as coronavirus hits fuel demand

Reuters


BEIJING – China’s national offshore oil and gas producer CNOOC Ltd reported a 59% plunge in 2020 profit, hitting the lowest since 2017, as the coronavirus pandemic whacked energy prices and hammered fuel consumption.

The listed branch of China …

Source: Reuters

Saudi Aramco to prioritise energy supply to China for 50 years, says CEO

Reuters


BEIJING – Saudi Aramco will ensure China’s energy security remains its highest priority for the next 50 years and beyond as new and existing energy sources run in parallel for some time, CEO Amin Nasser told the China Development …

Source: Reuters

Column: India may join net-zero emissions club, but membership won’t be easy

Reuters


LAUNCESTON, Australia- India may be the last major climate change domino to fall into place as the government considers setting a target to reach net zero carbon emissions, in line with similar moves by other major polluters.

India is …

Source: Reuters

Column: China’s gas conundrum – cleaner air but growing security risk

Reuters


LONDON- China has made significant progress building a gas distribution network to supply residents in major urban centres, helping provide cleaner and more convenient energy for heating and cooking while reducing air pollution.

But burgeoning consumption has not been …

March 15, 2021 - 11:30 am China, Closing Bell Story‎, Energy News, Natural Gas News
Source: Reuters

Analysis: CNOOC needs to double down on drilling and deals in carbon-cutting gas pivot

Reuters


SINGAPORE/BEIJING – A rapid rise in offshore drilling and deepwater gas extraction may seem an unlikely path to lower emissions, but are central planks of Chinese energy major CNOOC Ltd’s plan to help hit Beijing’s climate goals.

While global …

Source: Reuters

Exclusive: Three ships carrying U.S. ethanol head to China – sources

Reuters


NEW YORK – Three ships carrying ethanol were heading to China from the U.S. Gulf Coast, three trade sources told Reuters on Monday, in a sign that exports of the fuel were sharply increasing from the United States to …

March 9, 2021 - 12:30 pm China, Closing Bell Story‎, Energy News, Marine Shipping
Source: Reuters

Analysis: Iran slips record volume of oil into China, reaches out to Asian clients for trade resumption

Reuters


Iran has quietly moved record amounts of crude oil to top client China in recent months, while India’s state refiners have added Iranian oil to their annual import plans on the assumption that U.S. sanctions on the OPEC supplier …

March 8, 2021 - 1:00 pm China, Closing Bell Story‎, Crude Oil News, Energy News
Source: Reuters

China bought about 200 million gallons of U.S. ethanol for first-half 2021: ADM

Reuters


CHICAGO/BEIJING – China has bought “roughly 200 million gallons” of U.S. ethanol for the first half of 2021, matching its previous record for annual imports of the corn-based biofuel, Archer Daniels Midland Co Chief Financial Officer Ray Young said …

January 27, 2021 - 10:00 am China, Closing Bell Story‎, Energy News
Source: Reuters

Analysis: Chinese majors to struggle to extend shale gas boom beyond 2025

Reuters


SINGAPORE – Chinese oil majors will struggle to extend fast growth in shale gas production beyond 2025, as complex geology and failure to draw in more investors make it expensive to develop the unconventional resource.

That would be a …

Source: Reuters

Column: China drew on crude oil inventories in December, unlikely to become a trend

Reuters


LAUNCESTON, Australia – China appears to have drawn on its crude stockpiles in December, the second time in three months, as the world’s biggest oil importer uses some of the massive surplus it built up last year.

China processed …

January 19, 2021 - 1:30 pm China, Closing Bell Story‎, Crude Oil News, Energy News
Source: Reuters

Oil falls as China lockdown, U.S. unemployment data temper gains

Reuters


LONDON – Oil prices fell on Friday as concerns about Chinese cities in lockdown due to coronavirus outbreaks tempered a rally driven by strong import data from the world’s biggest crude importer and U.S. plans for a large stimulus …

Source: Reuters

Oil prices ease as pandemic overshadows Chinese and U.S. data

Reuters


NEW YORK – Oil prices dipped on Thursday as surging coronavirus cases in Europe and new lockdowns in China renewed worries about global oil demand and eclipsed bullish signals from Chinese import data and U.S. crude oil stocks draws.…

January 14, 2021 - 10:00 am China, Closing Bell Story‎, Crude Oil News, Energy News
Source: Reuters

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 …

December 29, 2020 - 11:00 am China, Closing Bell Story‎, Energy News, LNG
Source: Reuters

Commentary – China’s control of rare earth minerals another challenge for President-elect Biden

Capital Gazette


Publisher’s Note:

Arcadia Minerals, Inc. (AMI), owner of two advanced stage critical minerals deposits in Wyoming, has engaged EnerCom Inc. to assist in identifying potential joint-venture partners or buyers for its properties.

Critical and rare earth minerals are

December 8, 2020 - 3:30 pm China, Closing Bell Story‎, Discoveries & Formations
Source: Reuters

Oil slips amid surging virus cases and U.S.-China tensions

Reuters


NEW YORK  -Oil prices slipped on Monday as the positive impact from COVID-19 vaccine news and an OPEC+ deal on oil production cuts was undermined by surging coronavirus cases and heightened tensions between the United States and China.

Brent …

December 7, 2020 - 12:30 pm China, Closing Bell Story‎, Crude Oil News, Energy News
Source: Reuters

Saudi Arabia and Russia in tight race to become China’s top oil supplier in 2020

Reuters


SINGAPORE  – Saudi Arabia and Russia are in a tight race to become China’s top oil supplier in 2020, with both countries boosting crude exports to the economic powerhouse even as the coronavirus pandemic hit global demand for oil …

Source: Reuters

China’s oil buying binge to run on in 2021 as tank operators, refiners stock up

Reuters


SINGAPORE/BEIJING  – China’s commercial oil stockpiling sector, which emerged as a key swing buyer of crude as prices plunged earlier this year, is setting plans to grow again in 2021, supporting a further boost in imports.

Private tank farm …

Source: Reuters

China acknowledges Biden election win in snub to Trump – What does this mean to Energy?

argus

Oil & Gas 360 Publishers Note: This is wild politics at it’s finest. Let’s see if Putin follows China and acknowledges today.

Singapore, 13 November (Argus) — China has finally congratulated Joe Biden on winning the US presidential elections, …

Hopes dim for Australian coking coal as China digs in – what does that mean for steel production in China?

Hopes dim for Australian coking coal as China digs in – what does that mean for steel production in China?

Argus

Oil & Gas 360 Publishers Note: Steel production in China will have a major supply issue and price increase. – This will be one issue that will effect steel production and other markets in China. – One to watch. 

November 11, 2020 - 7:15 am China, Coal News, International, Oil and Gas 360 Publisher Note:
U.S. to China Trade: Trade Volume Up, But Far Short of Target Goals – Energy exports down 21.7%

U.S. to China Trade: Trade Volume Up, But Far Short of Target Goals – Energy exports down 21.7%

MarineLink

According to BIMCO, 40% of Phase One goal reached for US manufactured goods to China

Exports from the US to China of the manufactured goods included in the Phase One agreement between the two countries reached $31.1 billion in …

November 11, 2020 - 6:41 am China, Crude Oil News, Energy News, International, Popular 3, Trade
Source: CNBC

U.S.-China trade tensions won’t be going away under Biden’s administration

CNBC


BEIJING — U.S.-China trade tensions are set for more predictability after Joe Biden’s presidential win — which likely means calmer rhetoric in a continued tough stance on Beijing.

Following years of brewing U.S. complaints about unfair business practices …

November 9, 2020 - 3:30 pm China, Closing Bell Story‎, Economy, Political News