Edition:
United States

Chen Aizhu

Saudi Aramco shifts strategy in China to boost oil sales

Mar 14 2019

DUBAI/SINGAPORE/BEIJING Rising Russian and U.S. competition has pushed Saudi Aramco to find new buyers for its oil in China, encouraging a shift toward independent refiners and newcomers to the business.

China's January-February refinery runs hit record, gas output up 9 percent on-year

Mar 13 2019

SINGAPORE Crude throughput at China's oil refineries in the first two months of 2019 rose 6.1 percent from a year earlier to a record on a daily basis, data showed on Thursday, as new privately-owned refiners started up their processing facilities.

RPT-China's CNOOC explores opening up LNG terminals under reform pressure -sources

Mar 11 2019

* CNOOC talking to private companies on 10-yr access to terminals

China's CNOOC explores opening up LNG terminals under reform pressure: sources

Mar 11 2019

SINGAPORE CNOOC, China's biggest operator of liquefied natural gas (LNG) import terminals, is talking to independent companies about access to its facilities after short trial leases last year, three sources with knowledge of the discussions said.

China's February crude imports surge 22 percent; gas imports drop from January

Mar 08 2019

SINGAPORE/BEIJING China's crude oil imports rose to the third-highest volume on record on a daily basis on increasing purchases by new private refineries, while natural gas imports eased as demand dropped amid warmer temperatures, customs data showed on Friday.

Sinopec may ink 20-year LNG deal with Cheniere when trade spat ends

Mar 06 2019

SINGAPORE China Petroleum and Chemical Corp plans to sign a 20-year liquefied natural gas (LNG) supply agreement with Cheniere Energy once China and the United States end their trade dispute, two sources with knowledge of the matter said on Wednesday.

China plans new state pipeline company in massive energy reshuffle

Feb 27 2019

SINGAPORE China will announce a plan this year to form a national oil and gas pipeline group combining the long-distance pipeline assets of the country's state-owned energy companies, in the sector's largest reshuffle in two decades, said three persons with knowledge of the plan.

Saudi Aramco to sign China refinery deals as crown prince visits: sources

Feb 21 2019

SINGAPORE/DUBAI/BEIJING Saudi Aramco plans to sign preliminary deals to invest in two oil refining and petrochemical complexes in China during the Saudi Arabian crown prince's visit this week, sources familiar with the plans said, as Beijing seeks expanded ties with Riyadh.

Shell, PetroChina spat holds up biggest Australian coal seam gas project

Feb 21 2019

MELBOURNE/SINGAPORE Royal Dutch Shell and PetroChina are at loggerheads over gas sales pricing at their Arrow Energy joint venture, holding up development of Australia's biggest coal seam gas resource, three industry sources said.

UPDATE 1-China's Jan crude oil imports rise from a year ago, gas imports at record

Feb 13 2019

* Gas imports hit record as importers anticipated firmer demand

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