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CHINESE INDEPENDENT REFINERS
US and China disagree on what time it is on the Moon and that could become a serious problem for future lunar missionsA subtle difference in time on the Moon, caused by weaker gravity, is emerging as a major space race issue between the US and China. This t...
China state refiners considering resuming Iran oil imports, sources sayChina's major state-owned refiners, Sinopec and PetroChina, are exploring a return to purchasing Iranian oil after a U.S. waiver, marking a...
US authorises Iranian oil sales until August 21 as part of push for final West Asia truce dealWashington has granted Iran a 60-day waiver on oil sanctions, permitting the nation to produce, export, and sell its crude until August 21....
Trump thanks China's Xi, Russia's Putin for being 'neutral' in Iran warPresident Trump thanked Chinese President Xi Jinping and Russian President Vladimir Putin for remaining "neutral" during the conflict with ...
China learns to live on less fuel, to the relief of oil marketsChina's fuel demand has unexpectedly dropped significantly, with gasoline and diesel sales falling as consumers shift to electric vehicles ...
Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...
Agricultural trade, jet deals, Taiwan tensions: What are the big takeaways as Trump jets out of Beijing after Xi talks?President Donald Trump concluded a visit to Beijing with trade deals. China will buy billions in US soybeans and 200 Boeing aircraft. Discu...
Oil Price Today (May 14): Crude oil above $105 per barrel. Here’s why Trump-Xi meeting is important for Strait of HormuzOil prices edged higher as investors awaited talks between U.S. President Trump and Chinese President Xi Jinping, focusing on economic gain...
Oil edges up ahead of Trump-Xi meeting in BeijingOil prices saw a slight increase as investors awaited the meeting between U.S. President Trump and Chinese President Xi Jinping, with the I...
Village braces for closure of Spain's largest nuclear plantAs Spain eyes a greener future, the Almaraz nuclear plant stands at a crossroads. Set for closure by 2028, the facility's fate is now up in...
Endurance, the new superpower of the battlefieldThe economy of attrition is the big new reality of the battlefield. Expensive defences are badly struggling against waves of cheap drones a...
Indian refiners pay for Iran oil in yuan via ICICI Bank, sources sayIndian refiners are making payments for Iranian oil using Chinese yuan. This is happening through ICICI Bank's Shanghai office. Indian Oil ...
China's teapots seek Iranian oil after prices fall, sources sayChinese refiners are seeking Iranian crude oil. This comes after oil prices dropped significantly. Beijing has provided new import quotas t...
Reliance buys 5 million barrels of Iranian oil after US waiver, sources sayReliance Industries, India's largest refiner, has bought 5 million barrels of Iranian crude oil. This marks India's first purchase from Ira...
China's heavy reliance on Iranian oil imports & challenge amid Mideast warChina, a major buyer of Iranian oil, faces new challenges. A U.S. sanctions waiver on Iranian oil means increased competition and higher pr...
Chinese refiners begin run cuts as Iran war tightens oil supplyRecent turbulence in the Strait of Hormuz has led to significant operational changes among China’s major refiners. Zhejiang Petrochemical C...
Dragon fumes at US' oily business in Caracas; Tehran may benefitGlobal oil prices dropped as the United States convinced Venezuela to reroute oil shipments away from China. China has strongly condemned t...
China state oil majors suspend Russian oil buys due to sanctions, sources sayIn a significant shift, leading oil corporations in China have ceased their maritime purchases of Russian crude, responding to recent US sa...
India's Russian oil imports hit 10-month high on strong demand for ESPO crudeIndia's Russian crude oil imports are set to reach a 10-month high in May, nearing 1.8 million barrels per day, driven by increased demand ...
Saudi Arabia expands share in China oil market, Russia lagsChina brought in 87.58 million tonnes of crude oil from the kingdom, or an equivalence of 1.75 million barrels-per-day (bpd), data from the...