US-China deal provides boost for energy exports
A deal by the US and China goes some way to ending the two-year trade war, with particular support in the agreement for agriculture and energy exports.
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Reasons for optimism: Taking stock of carbon reduction achievements and possibilities
As we enter a new decade, I’m sure I’m not alone in reflecting on matters that are personally important, together with major issues that impact on society, the environment and the economy.
China sets up national pipeline company in major energy revamp
China announced the creation of its long-planned national oil and gas pipeline company, officially kicking off one of its biggest energy revamps aimed at helping supply keep pace with swelling demand.
Russia Opening Giant Gas Link to China as Putin Pivots East
The world’s biggest natural gas exporter and one of the globe’s top consumers of the fuel cement their energy co-operation on Monday with the launch of Russia’s giant Power of Siberia pipeline to northern China.
Opec+ hints at sticking with current oil cuts
OPEC and its allies sent more signals that they’ll stick with existing output cuts at their meeting next week.
Coal in retreat worldwide as renewable energy costs drop
From the Rocky Mountains to the Rhineland and Australia’s Great Dividing Range, the great tide of the coal industry is receding.
Norwegian oil making competitive entry into Asian markets
Norway’s new oil grade is making inroads in Asia, threatening to undermine sales of similar crudes from Africa and South America.
Tanker prices spike as sanctions bite
Tanker prices have rocketed over the last week, driven by US sanctions on various Chinese shippers, principally COSCO Dalian.
Demand overshadows risks
Oil price predictions always end in disaster but complacency in the market poses a number of risks, given global uncertainty.
Oil keeps falling on signs trade talks won’t bring demand relief
Oil kept falling after its biggest weekly drop since July as signs that reaching a comprehensive U.S.-China trade deal will be tough gave no respite from a worsening demand outlook.
China’s CNPC quits flagship Iran gas project as sanctions bite
China National Petroleum Corp. is no longer a partner in Iran’s biggest natural gas project, and the Persian Gulf nation will develop Phase 11 of the giant South Pars field on its own, Oil Minister Bijan Namdar Zanganeh said, according to the ministry’s Shana news service.
Energean FPSO undocks in China
The Energean Power hull has undocked from the COSCO shipyard, in Zhoushan, China, and floated out.
Total ticks off Mozambique LNG
Total has closed its purchase of Anadarko Petroleum’s 26.5% stake in the Mozambique LNG project.
Niger-Benin pipe plan moving ahead
China National Petroleum Corp. (CNPC) signed a transportation convention with Niger on September 15.
Oil extends losing run as trade war deepens
Oil fell for a fourth day, set for the longest run of declines in more than five weeks, after the latest escalation in the trade war blindsided investors and worsened an already-shaky global demand outlook.
Oil on course for back-to-back weekly gains
Oil headed for its first back-to-back weekly gain since June on signs the U.S. and China could be edging closer to a trade deal and as a growing list of central banks start easing policy to shore up growth.
China’s energy strategy takes the long view
When you take the long view of history, trade wars become skirmishes and even Brexit will be seen as a ship that passed in the early 21st Century night.
CMS: China – protecting your IP
China is a significant potential market for oil and gas service companies. As oil and gas equipment becomes increasingly sophisticated, companies will own more valuable intellectual property (IP).
ABB to provide control system for China solar gig
Swiss technology firm ABB is supporting the Chinese government in its efforts to produce emissions-free electricity.
BP and Chinese firm launch electric vehicle charging joint venture
Energy giant BP has taken another step forward in its quest to secure a major chunk of the global electric vehicle (EV) charging market.
Lithium mine buildup outpacing electric-car boom
Lithium miners are bulking up for a booming future when electric cars go mainstream. But speed bumps loom, with prices tumbling on a burst of new production and demand growth slowing in China.
Millions of barrels of Iranian oil are piled up in China’s ports
Tankers are offloading millions of barrels of Iranian oil into storage tanks at Chinese ports, creating a hoard of crude sitting on the doorstep of the world’s biggest buyer.
North Sea must keep a lid on costs if oil prices rise, industry experts say
The North Sea oil industry must keep a lid on costs if measures taken by Opec and its allies push crude prices much higher, top Aberdeen energy experts have said.
Oil slips as gloomy economic data takes shine off OPEC deal
Oil edged lower as investors weighed troubling economic data from around the world against OPEC’s extension of output cuts into 2020.
Angus firm Allards wins £1.3m China deal
Angus-based engineering firm Allards International Ltd has won a “milestone” £1.3 million deal to supply vital parts for a sewage processing plant in China.