Tag: oil sector
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Angola Turns to China for $4.8 Billion Refinery Loan
Angola’s state oil company, Sonangol, is seeking a $4.8 billion loan from Chinese lenders to finance the long-delayed Lobito refinery, reinforcing Luanda’s continued reliance on Beijing for large-scale energy infrastructure funding. The project aims to reduce Angola’s dependence on imported fuel ...
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U.S. Warns on Chinese Energy Role During High-Level Venezuela Visit
U.S. Energy Secretary Chris Wright urged expanded American investment in Venezuela’s oil and gas sector during the highest-level U.S. energy-focused visit to the country in nearly three decades, following its invasion in January. He cautioned Venezuelan leaders against what Washington frames as ...
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A man uses his smartphone as a giant screen broadcasts news showing Chinese President Xi Jinping shaking hands with Cheng Li-wun, chairperson of the Kuomintang (KMT), Taiwan's largest opposition party at the Great Hall of the People in Beijing, China, April 10, 2026. REUTERS/Maxim Shemetov
By Peter Apps As U.S. Vice President JD Vance returned to Washington last weekend after unsuccessful peace talks in Pakistan over the crisis in the Gulf, China’s Foreign Ministry was preparing for a bumper slate of visitors, including Russian Foreign Minister Sergei Lavrov and the leaders ...
Angola Turns to China for $4.8 Billion Refinery Loan
Angola’s state oil company, Sonangol, is seeking a $4.8 billion loan from Chinese lenders to finance the long-delayed Lobito refinery, reinforcing Luanda’s continued reliance on Beijing for large-scale energy infrastructure funding. The project aims to reduce Angola’s dependence on imported fuel ...
U.S. Warns on Chinese Energy Role During High-Level Venezuela Visit
U.S. Energy Secretary Chris Wright urged expanded American investment in Venezuela’s oil and gas sector during the highest-level U.S. energy-focused visit to the country in nearly three decades, following its invasion in January. He cautioned Venezuelan leaders against what Washington frames as ...