Edition:
United States

Chen Aizhu

UPDATE 1-China CNPC skips Venezuelan oil loading for 2nd month -sources

Sep 10 2019

* China's July direct Venezuelan crude imports plunge (Adds context in paragraphs 4-7 on the Venezuela-China oil trade)

China CNPC skips Venezuelan oil loading for 2nd month -sources

Sep 10 2019

* China's July Venezuelan crude imports lowest in nearly 5 yrs

Sinochem unit discussing blockchain platform with Shell, Macquarie -sources

Sep 05 2019

SINGAPORE, Sept 5 Sinochem Energy Technology Co Ltd, a subsidiary of state oil and chemicals firm Sinochem Group, is in talks with Royal Dutch Shell and Macquarie Group to build an energy blockchain platform, three Beijing-based industry sources said.

China aims to rev up shale gas drive, wean itself off imports amid U.S. trade row

Sep 02 2019

SINGAPORE/BEIJING China aims to slash its growing dependence on gas imports by boosting domestic projects like shale fields as the security of its energy supply comes under the spotlight amid a festering trade war with the United States.

China's Zhejiang Satellite wins approval for $4 billion petchem plant to use U.S. ethane

Aug 29 2019

SINGAPORE A large Chinese chemical producer has won regulatory approval to start building a 30 billion yuan ($4.2 billion) petrochemical complex in east China to process ethane from the United States, a company official said on Thursday.

UPDATE 1-Chinese refiner Hengli sells 1st jet fuel export cargo -sources

Aug 29 2019

SINGAPORE, Aug 29 Chinese private refiner Hengli Petrochemical Co this month sold its first jet fuel cargo for export through a state-owned firm, bypassing Beijing's export quota restrictions, three sources with knowledge of the transaction said.

China's July crude oil imports from Malaysia near record: customs

Aug 25 2019

SINGAPORE/BEIJING China's crude oil imports from Malaysia stood near record levels in July, customs data showed, with traders and a tanker-tracking analyst citing oil either transshipped from Venezuela or blended with Venezuelan crude for the unusual growth.

RPT-Rosneft becomes top Venezuelan oil trader, helping offset U.S. pressure

Aug 22 2019

MOSCOW, Aug 22 Russian state oil major Rosneft has become the main trader of Venezuelan crude, shipping oil to buyers in China and India and helping Caracas offset the loss of traditional dealers who are avoiding it for fear of breaching U.S. sanctions.

Rosneft becomes top Venezuelan oil trader, helping offset U.S. pressure

Aug 22 2019

MOSCOW Russian state oil major Rosneft has become the main trader of Venezuelan crude, shipping oil to buyers in China and India and helping Caracas offset the loss of traditional dealers who are avoiding it for fear of breaching U.S. sanctions.

China's petrochemical expansion to overwhelm Japan, South Korea producers

Aug 20 2019

SINGAPORE/TOKYO A massive surge in China's manufacturing capacity for paraxylene, a petrochemical used to make textile fibers and bottles, could force leading exporters in Japan and South Korea to cut production as early as the second quarter of 2020.

World News