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SHANDONG TEAPOT REFINERIES
China's Commerce Ministry blocks US sanctions against five refineriesChina's Commerce Ministry has blocked U.S. sanctions on five Chinese oil refiners. These companies were accused of purchasing oil from Iran...- 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...
- 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...
- Sanctions shake up $20B Chinese refinery, western partners pull outWestern sanctions targeting Shandong Yulong Petrochemical for dealing in Russian oil have led to its isolation from global suppliers, custo...
- US imposes sanctions on China refinery, others for Iran oil purchasesThe U.S. has imposed its fourth round of sanctions targeting Iran's oil and petrochemical trade, this time including a Chinese independent ...
- Will US sanction relief to Iran crush China's 'teapot' oil refineries, upset global oil markets?A potential lifting of U.S. sanctions on Iran's oil exports threatens Chinese independent refineries reliant on discounted Iranian crude, p...
- US sanctions Houthi-linked China oil refineryThe United States has imposed sanctions on a China-based refinery for purchasing $500 million worth of Iranian oil. The oil was reportedly ...
- China's teapots crank back to life, aided by cheap Russian oilTeapot purchases fell more than 31% in January-May from the same period a year prior, showed data from analytics firm Kpler, as COVID-19 co...
- China's oil buying rules loosened amid record importsThe government announced new guidelines that opens the door to the direct purchase of crude on the international market by independent refi...
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