(Platts, 6.Aug.2019) — The US escalated sanctions against Venezuela late Monday and may use the executive order to target crude flows to China and India, […]
Tag: China
Venezuela Oil Exports Slid 17.5% In July-Data
(Reuters, Marianna Parraga, 1.Aug.2019) — Venezuela’s oil exports fell 17.5% in July to their second-lowest level since Washington imposed sanctions on the nation as state-run […]
Petropiar JV starts blending
(Reuters, 29.Jul.2019, Words: 316) — Venezuelan state-run oil company PDVSA said on Monday the Petropiar extra-heavy crude upgrader, part-owned by U.S. oil company Chevron Corp, […]
Guaido Says To Protect Chevron Assets In Venezuela
(Reuters, Luc Cohen) — Venezuelan opposition leader Juan Guaido said on Tuesday he would seek to protect Chevron Corp’s assets in the country if the […]
Sanctions Squeeze Venezuela’s EHCO Output
(Petroleum Economist, 18.Jul.2019) — Latin America’s economically troubled oil giant faces the difficult task of significantly raising Asian crude grades. Venezuela’s upgraders have been forced […]
Chevron Seeks Relief From Trump’s Venezuela Oil Sanctions
(Bloomberg, Fabiola Zerpa, Peter Millard and Kevin Crowley, 2.Jul.2019) — Chevron Corp. is lobbying the U.S. for sanctions relief so it can continue doing business […]
Brazil Bets Storing Oil Will Boost China Sales
(Bloomberg, 27.Jun.2019) — Brazil is making it easier for China’s teapots to buy Lula crude as it seeks to win more market share in the […]
JinkoSolar Supplies 351 MW To Asia Pacific PV Projects
(JinkoSolar, 20.Jun.2019) — JinkoSolar Holding Co., Ltd. announced it has supplied Power Construction Corporation of China with 351MW of solar modules, which were installed at […]
CNOOC Limited Announces Appomattox Field Commences Production
(CNOOC, 23.May.2019) — CNOOC Limited announced the Appomattox Field in the US Gulf of Mexico has safely commenced production ahead of schedule. Appomattox Field is […]
Argentina’s Financial Crisis Creates An Opportunity For China
(Bloomberg, Jonathan Gilbert 21.May.2019) — A pair of dams going up in Patagonia is a testament to Beijing’s growing influence. Set on a remote steppe […]
What Does IMO 2020 Mean For Downstream, Upstream, LNG and Bulks Sector
(Woodmac, 7.May.2019) — Implementation of IMO 2020 regulation is just eight months away and its implications will be felt beyond refining and shipping. Wood Mackenzie’s […]
CNOOC Limited Announces Key 1Q:19 Operational Statistics
(CNOOC Ltd. 25Apr.2019) — CNOOC Limited announced its key operational statistics for the first quarter of 2019. The Company achieved a total net production of […]
On South America’s Largest Solar Farm, Chinese Power Radiates
(Reuters, Cassandra Garrison, 23.Apr.2019) — In an arid, lunar-like landscape in the sunny highlands of northern Argentina, South America’s largest solar farm is rising, powered […]
ExxonMobil Inks 20-year LNG Deal With Zhejiang Energy
(Exxon, 22.Apr.2019) — ExxonMobil said today that it signed a sales and purchase agreement with Zhejiang Provincial Energy Group for liquefied natural gas (LNG) supply. […]
This New Oil Hotspot Is Replacing Venezuelan Crude
(Oilprice.com, Tsvetana Paraskova, 15.Apr.2019) — The U.S. sanctions on Venezuela’s oil industry have tightened the global heavy to medium crude oil market, sending oil buyers […]
CNOOC Propels Development Of China’s LNG Industry At LNG2019
(CNOOC, 11.Apr.2019) — China National Offshore Oil Corporation (CNOOC), the country’s biggest offshore oil and gas producer, is proactive in facilitating the innovation of technology, […]
Peru Cuts Gas Reserves, CNPC Block On Hold
(Argus, 10.Apr.2019) — Peru’s natural gas reserves declined after the energy ministry reclassified the potential of Chinese state-owned CNPC’s block 58 from proven/probable reserves to […]
US Acknowledges Guyana’s Right To Renegotiate Exxon Deal If It So Chooses
(Stabroek News, 10.Apr.2019) — The United States acknowledges that it is within Guyana’s sovereign right to renegotiate the controversial Production Sharing Agreement (PSA) between the […]
Knowledge Exchange Spurs China-Argentina Infrastructure Projects
(Xinhua, 8.Apr.2019) — Knowledge exchange between Chinese and Argentine technicians spurs large-scale joint infrastructure projects within the framework of the Belt and Road Initiative (BRI), […]
Neuquén Holds 73% Of Argentina’s Recoverable Shale Gas
(Energy Analytics Institute, Pietro D. Pitts, 7.Apr.2019) — Argentina contains the second largest recoverable non-conventional natural gas resources in the world with 802.2 trillion cubic […]
ENN Signs Heads Of Agreement Of Sales With Woodside Energy
(ENN Group, 5.Apr.2019) — ENN has signed a Heads of Agreement (HOA) with Woodside Energy for the procurement of 1.0 million tonnes of LNG per […]
ExxonMobil: Guyana Project Overview
(Exxon, 14.Feb.2019) — ExxonMobil initiated oil and gas exploration activities in Guyana in 2008, collecting and evaluating substantial 3-D seismic data that led to the […]
Argentine Leader Sees Tough Road Ahead
(AP, 5.Dec.2018) — Argentina’s president is celebrating the successful hosting of the Group of 20 summit, but he said Monday that he is ready for […]
New Rules At Panama Canal Expected To Boost U.S. LNG Industry
(Houston Chronicle, Sergio Chapa, Staff writer 30.Nov.2018) — New rules allowing a greater number of liquefied natural gas tankers to pass through the Panama Canal […]
Rosneft’s Sechin Flies To Venezuela, Rebukes Maduro Over Oil Shipments
(Reuters, Alexandra Ulmer and Marianna Parraga, 24.Nov.2018) — The head of Russian oil company Rosneft, Igor Sechin, flew to Caracas this week to meet Venezuelan […]
BP, Pan American Eye Exporting Argentina Shale Gas As LNG Via Chile
(S&P Global Platts, 15.Nov.2018) — Pan American Energy, the second-biggest oil producer and third for gas in Argentina, is working with BP on potentially exporting […]
In Guyana, Exxon Oil Project Stirs International Tensions
(Houston Chronicle, James Osborne, 2.Nov.2018) — Almost 4,000 feet beneath the surface of the Atlantic Ocean, off the northern coastline of South America, Exxon Mobil […]
Hess, Exxon Mobil Prep For More Exploration Offshore Guyana
(Hart Energy, Velda Addison, Senior Editor, 31.Oct.2018) — Partners Exxon Mobil, Hess Corp. and CNOOC Nexen Petroleum are making progress toward development of the hydrocarbon […]
Venezuela: Oil Producer’s Slump Reflects Nation’s Decline
(Ft.com, Gideon Long, John Paul Rathbone, 28.Oct.2018) — Gideon Long in Caracas and John Paul Rathbone in Washington October 28, 2018 Print this page 95 […]
CNOOC Says Guyana Success ‘Laid Foundation For Future Development’
(Energy Analytics Institute, Jared Yamin, 27.Oct.2018) — China’s CNOOC Limited announced that success in Guyana has laid the foundation for future development. “Successful drilling of […]
Bondholders Raise Hopes Venezuela Will Pay Up On Due Debt
(Ft.com, Gideon Long, 25.Oct.2018) — In a month in which emerging market government bonds have been hammered by the prospect of US rate increases, geopolitical […]