Trade

Oil Price

OPEC Warns of ‘Immense Challenges’ as Talks on Oil Production Cuts Continue

OPEC warned on Monday that the “immense challenges” caused by the Covid-19 pandemic were likely to persist into 2021, as the group of oil producers continues …

CNOOC

Trump to Add China's SMIC and CNOOC to Defense Blacklist

The list is also part of a broader effort by Washington to target what it sees as Beijing’s efforts to enlist corporations to harness emerging civilian technol…

Coal Trade

Indonesia and China Strengthen Coal Investment and Trade Co-Operation

The Indonesian Coal Mining Association and China Coal Transportation and Distribution Association have signed a co-operation in a form of memorandum of understa…

Oil & Gas Trade

U.S. Ups Pressure to Push Venezuela Oil Exports to Zero

Under the increased pressure from the United States, the companies classifying ships are asked to check if vessels have participated in shipments to Venezuela.

China

China Hits 26 per cent of 2020 Target for U.S. Energy Imports under Trade Deal

China has accelerated imports of crude oil, propane and liquefied natural gas from the United States since July.

RCEP

RCEP Reaffirms Shift in World’s Economic Power Center

Trade is a natural extension of not being self-sufficient, and specialization through trade enhances the efficient production of goods and services that people …

Coal Trade

Beijing Mulls Allocating Extra 2020 Coal Import Quotas

Chinese authorities may allocate an additional 20mn t of coal import quotas for this year, according to multiple market participants, to help cope with firmer w…

LNG

Qatar Energy Exports Crash By 39%

Qatar’s total exports dropped by 35.5 percent year over year in the third quarter, dragged down by a 38.5-percent slump in exports of energy commodities and pr…

Oil & Gas Trade

Algerian Gas Exports to Drop by 4.7%, Energy Minister Says

Oil and gas revenues amounted to $33 billion in 2019 and is forecast to be $23 billion this year.

Oil & Gas Trade

China Issues Final Batch of Refined Fuel Export Quotas for 2020

The new issue brings the total fuel export quota this year to nearly 59 million tonnes, up from last year's 56 million tonnes.

Oil & Gas Trade

Azerbaijan Boosts Natural Gas Production, Export in Jan-Oct 2020

Azerbaijan increased gas production and export while reducing oil production and export in January-October 2020.

Oil & Gas Trade

CNOOC China Awards LNG Contract to Aramco Trading

China National Offshore Oil Corp has awarded a tender to buy liquefied natural gas from the trading arm of oil giant Saudi Aramco in Singapore through the Shang…

RCEP

RCEP TRADE PACT SIGNED: Dawn of the Asian Century?

​After eight years of talks, China and fourteen other nations in the Asia-Pacific formally signed one of the world's largest regional free trade agreements, th…

RCEP

Xi Touts China's Huge Economy as Base of Free Trade in APEC Speech

President Xi Jinping pegged China as the pivot point for global free trade Thursday, vowing to keep his "super-sized" economy open and warning against protectio…

RCEP

China-Japan-SK FTA to Speed up with RCEP Push

A higher level trilateral free trade agreement among China, Japan and South Korea is likely to be reached sooner than expected.