Tag: Oil

Chinese defense contractors are making further inroads into the Angolan market. The state-owned China National Aero-Technology Import & Export Corporation (CATIC) signed an $85 million deal to provide the Angolan defense sector with a “supply of equipment, military means and assistance services.” CATIC is already a big player ...

The editorial board of Financial Times published an op-ed yesterday announcing a new commodities supercycle. They argued that the global pivot towards climate-friendlier technologies like electric vehicles is pushing demand for metals like cobalt, lithium and palladium (used in catalytic converters.) In addition, the Biden administration’s new commitments ...

Depending on who you speak with, the 25-year Comprehensive Strategic Partnership (CSP) agreement between China and Iran either marks the emergence of a new "axis of evil" that's going to overturn the balance of power in the Middle East or it's ...

One of China's three major oil and gas companies, CNOOC, is reportedly interested in joining the world's largest natural gas project in Qatar. The company's CFO Xie Weizhi said CNOOC is exploring the option to invest in the $29 ...

News that Mahamat Kaka, son of late Chadian President Idriss Deby who was killed on Monday in fighting near the Libyan border, has been named interim leader will likely be well received at the headquarters of the China National Petroleum Corporation (CNPC) in Beijing. ...

The U.S. Export-Import Bank disregarded warnings about the worsening security situation in Mozambique and went ahead with a risky $4.7 billion loan for a gas pipeline last year that is now in serious trouble. The bank became the largest creditor on ...

Chinese Foreign Minister Wang Yi's latest six-nation tour of the Middle East and Turkey revealed that Beijing now aims to play a much larger role in the region. During his trip, Wang signed a high-profile ...

Chinese Foreign Minister Wang Yi kicked off a week-long six-nation tour of the Persian Gulf and Turkey on Wednesday with a stop in Riyadh, where he met with his Saudi Arabian counterpart Prince Faisal bin Farhan. Relations between the two countries have ...

With oil and gas demand in the U.S. and Europe expected to fall dramatically in the years ahead as both regions embrace a post-carbon economy, two of the world's largest energy exporters, Qatar and Saudi Arabia, are now looking to China to fill the void. Ministers and ...

Chinese total carbon emissions could peak by 2028, with emissions coming from the electricity sector topping out as early as 2025. This is according to Liu Zhenya, who runs the Global Energy Interconnection Development and Cooperation Organization, a Beijing-based think tank. Liu’s previous job is maybe more ...

The latest tracking data of Chinese COVID-19 vaccine sales and donations around the world by the Beijing-based consulting firm Bridge reveal an interesting distribution around the world that appear to align closely with China's broader geopolitical priorities. ASEAN: Distribution ...

Coastguard and security forces are racing to offload 130 tons of fuel and lubricants from a Chinese fishing vessel that ran aground off the coast of Mauritius in the Indian Ocean. The incident took place on Sunday when ...