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In Mid-term Doldrums, Canada's Conservatives Hope to Reboot

Voter fatigue with Canadas ruling Conservatives and signs of stress within the government are putting Prime Minister Stephen Harper under pressure to freshen up his team and policies as the telegenic son of Pierre Trudeau starts snapping at......【More】

2013-04-08

Iran Crude Exports to Rebound in April from March Slump

Irans April crude exports will rebound to above 1 million barrels per day (bpd), industry sources said on Friday, after falling in March to the lowest level seen since the West imposed sanctions to reduce the oil flow in 2012. U.S. and Euro......【More】

2013-04-08

China Cut Off Oil Supply to N.Korea after 2009 Nuke Test

China completely cut off supply of crude and processed oil to North Korea for four months immediately after North Koreas second nuclear test in 2009. It seems China quietly imposed separate sanctions on North Korea independently of UN Secur......【More】

2013-04-07

King & Wood Mallesons Advises on Share Purchase of Oil and Gas Assets

King Wood Mallesons is advising China Petroleum Chemical Corporation (Sinopec Corporation) on a share purchase of oil and gas assets from China Petrochemical Corporation (Sinopec Group), the Chinese state-owned majority shareholder of Sinop......【More】

2013-04-07

The Changing Sino-Russian Energy Dynamic

For more than a decade, Russia under Vladimir Putin has played an increasingly important role on the world energy scene. A frequently quoted sound bite from our book, From Soviet to Putin and Back, is this: What Brezhnev and Khrushchev were......【More】

2013-04-07

China Secures Safe Passage to Oil Supplies Away from Sea Routes

The maiden foreign visit of the new Chinese Prime Minister 59-year-old Xi Jinping to Russia has resulted in much excitement and speculation about possibilities of cooperation, between the Worlds second leading economic power and a former su......【More】

2013-04-01

Oil Trades Lower after China PMI Data

Oil futures are trading to the downside to start the week in Asia after China delivered a March PMI that missed estimates. On the New York Mercantile Exchange, light, sweet crude futures for May delivery fell 0.18% to USD97.06 per barrel in......【More】

2013-04-01

HK Suppliers Settle Apr 380 CST Bunker Premium at $17-19/mt, from $16-19/mt in Mar

Hong Kong bunker fuel suppliers said Wednesday that they have settled the ex-wharf premium for April-loading 380 CST bunker fuel with importers at $17-19/mt -- to the Mean of Platts Singapore 380 CST high sulfur fuel oil assessments -- slig......【More】

2013-03-29

China's Proven Oil, Gas Deposits Surge

Chinas crude oil and natural gas reserves discovered within its mainland saw sharp rises last year, a natural resources official said on Wednesday. Xu Dachun, vice director in charge of resources exploration with the Ministry of Land and Re......【More】

2013-03-29

China Adjusts Oil Price Mechanism

China will adjust the prices of oil products every 10 working days to better reflect changes in the global oil market, the National Development and Reform Commission (NDRC) announced on Tuesday. Previously, domestic fuel prices were adjuste......【More】

2013-03-28