Chinese oil and gas player CNOOC and French energy giant TotalEnergies have completed China’s first yuan-settled LNG trade through the Chinese energy trading centre Shanghai Petroleum and Natural Gas Exchange (SHPGX). Illustration only; Archive. Courtesy […]
China has just completed its first trade of liquefied natural gas (LNG) settled in yuan, the Shanghai Petroleum and Natural Gas Exchange said on Tuesday. As OilPrice notes, the Chinese state oil and gas giant […]
Saudi Arabia has agreed to join the Shanghai Cooperation Organization (SCO) as a “dialogue partner”, state media reported on Wednesday, the latest indication of closer political ties with China. The Shanghai Cooperation Organization was established […]
The Russian Foreign Minister, Sergey Lavrov has stated that ‘over a dozen’ countries have formally applied to join the BRICS grouping following the groups decision to allow new members earlier this year. The BRICS currently […]
A new report published by the AidData research lab at Virginia’s College of William & Mary sheds some light on the usually nontransparent practice of Chinese bilateral emergency loans. The researchers that also hail from the World Bank, […]
The 118th Congress is working at a fever pitch to find ways to economically punish China. With headline-grabbing titles like Fair Trade with China Enforcement Act, Ending China’s Developing Nation Status Act, and Neutralizing Unfair Chinese Export Subsidies […]
EconomyTechnology China’s tech giant Baidu has called off a livestreamed public event to promote its ChatGPT rival Ernie. Baidu said on Monday it had cancelled a planned showcase that would have been open to the […]
The platform, named CNOOC Guanlan, is owned by the China National Offshore Oil Corporation (CNOOC) and is China’s first offshore wind power project with a water depth of over 100 meters and an offshore distance […]
Top Stories of the week How does Norway export its natural gas? But more importantly; to who? March 18, 2023 Allen Santos OSLO, March 17 (Reuters) – Norway exported more than 120 billion cubic metres (bcm) […]
Joe Biden, controlled and manipulated as he is by China and the corporatist world, is pursuing a net zero dream that is really a nightmare of impossibilities. Politicians who passed the Inflation Reduction Act touted that the […]
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