Azerbaijani minister on Zangazur corridor’s pivotal role for Belt & Road project
Azerbaijani Energy Minister Parviz Shahbazov addressed the second online Belt and Road Energy Ministerial Conference in China’s Qingdao city, Report informs, citing the ministry. Parviz Shahbazov noted…
These Are The Most Coal-Dependent Countries In The World
Coal shortages are currently causing electricity supply problems in two major coal-using economies, India and China. As Statista’s Katharina Buchholz notes, shortages are happening because economic activity…
FBI: China Is Behind Past Oil & Gas Pipeline Cyberattacks
State-sponsored Chinese actors targeted U.S. oil and gas pipeline companies in a spearphishing and intrusion campaign between 2011 and 2013, a Joint Cybersecurity Advisory, coauthored…
China boosts imports of Saudi oil, sharply increases purchases of crude in UAE
China’s crude oil imports from top supplier Saudi Arabia rose 8.8 percent in March from a year earlier, driven by strong demand and as shipments…
China to increase renewable energy consumption to 25% by 2025
China intends to increase its consumption of electricity generated at solar and wind farms to 25 percent by 2025, according to the project plan published…
China increasing Iranian oil imports despite US sanctions
China is building up oil imports from Iran while all other market participants are waiting for US President Joe Biden to lift sanctions on Tehran, Report…
Iraq Pauses Massive Prepaid Oil Deal With China As Prices Soar
Iraq has put on hold an oil supply deal with a Chinese company that featured an advance payment of several billion dollars as higher oil…
China Imports 11.12 Million Bpd Of Oil In January
China’s January crude oil imports averaged 11.12 million bpd, according to energy analytics company OilX. This was up by more than 18 percent, or 1.74 million…
New Gas Compressor Station in Turkmenistan to Ensure Growth of Gas Supplies to China
A new gas compressor station (GCS) with an annual capacity of 30 billion cubic meters (bcm) of gas has been commissioned in the east of…
China Issues Higher Oil Import Quotas For 2021
China has issued the first round of crude oil quotas for next year, and it is 18 percent higher than the respective round for 2019,…