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China

Decision to keep supply tight was proved right, delegates say Group expected to mostly keep output steady at next meeting
Crude Oil News

OPEC+ Readies for Output Talks With Cautious Approach Vindicated

March 30, 2021 Stu Turley

Energy News Beat Publishers Note: The new China – Iran oil deal will also impact supply outside the OPEC and OPEC + quotas.  As OPEC and its allies prepare for another decision on oil output, […]

Iran Oil Exports Creep Higher as Trumps Maximum Pressure Fades - Energy News Beat
ENB Pub Note

China Signs 25-Year Deal With Iran in Challenge to the U.S.

March 27, 2021 Stu Turley

Energy News Beat Publishers Note: The U.S is losing its importance on the world political stage.  China and Iran signed an overarching deal aimed at charting the course of their economic, political and trade relations […]

Fossil

How China’s Rare Earths Monopoly Controls Our Destiny

March 26, 2021 Stu Turley

A world commodities rebalancing is underway, and China is in a position of dominance. Take lithium, where China is a major processor and battery manufacturer, cobalt, where China has dominated the supply chains, and rare […]

Crude Oil News

PetroChina makes $3bn profit, plans higher crude runs

March 25, 2021 Stu Turley

Beijing, 25 March (Argus) — Profit at China’s biggest energy firm state-controlled PetroChina fell by 58pc to 19bn yuan ($2.94bn) last year, a result the company described as “better than expected” given the impact of […]

Industry Insights

Industry Insights: China’s five-year plan focuses on energy security

March 24, 2021 Tracey Woods

In the 14th Five-Year Plan, approved by the National People’s Congress this month, China has outlined energy and climate policies for the next decade that are an extension of current strategy rather than a radical […]

CMOC -China
Fossil

China’s CMOC reduces cobalt production in 2020

March 24, 2021 Stu Turley

Chinese diversified metals producer China Molybdenum (CMOC) recorded a fall in its cobalt production in 2020 following the impact of the Covid-19 pandemic, despite a rise in sales. CMOC, also known as Luoyang Luanchuan Molybdenum, […]

US LPG
Fossil

Total Partners with Shenergy Group To Jointly Market LNG In China

March 23, 2021 Stu Turley

Total and Shenergy Group, the leading energy player in Shanghai, have signed binding agreements for the supply of up to 1.4 million tons per annum of Liquefied Natural Gas (LNG) from Total, as well as […]

US officials say Israel has hit many ships taking Iran oil arms to Syria WSJ
Crude Oil News

Argus Chief Economist – Iranian supply ticks higher, despite political roadblocks

March 22, 2021 Stu Turley

Brent futures’ rapid ascent towards $70 has been arrested in March, despite strong cohesion among Opec+ producers, an improving macro-economic outlook and renewed risk-on sentiment as Covid-19 vaccine deployment loosens the link between daily virus […]

carbon capture -blue hydrogen
Hydrogen

Aramco seeks Chinese partnership for carbon capture and hydrogen goals

March 22, 2021 Stu Turley

Saudi Aramco plans to “expand and intensify” cooperation with China on research in areas including hydrogen and ammonia production from natural gas, according to Chief Executive Officer Amin Nasser. The oil major is also sizing […]

China Oil - Saudi Aramco
Crude Oil News

Saudi Aramco to prioritize energy supply to China for half a century

March 21, 2021 Stu Turley

Saudi Aramco  will ensure China’s energy security remains its highest priority for the next 50 years and beyond as new and existing energy sources run in parallel for some time, CEO Amin Nasser told the China Development […]

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