News

A slowdown in commerce between the United States and China caused by escalating tariffs was evident in a report Wednesday on ...
The Jack-Up Rig is developing and expanding at a significant pace. The Jack-up Rig is fundamentally a mobile platform that is utilized as exploratory drilling platform & offshore platform which ...
China has halted all US LNG imports for over ten weeks due to increased tariffs, rendering American gas uncompetitive. This freeze, reminiscent of a past stoppage, threatens US LNG projects and ...
The Treasury Department sanctioned a Chinese oil refinery for purchasing $1 billion in Iranian crude oil as part of a broader US crackdown on companies and vessels skirting US sanctions.
Between March 2020 and January 2023, Shandong Shengxing sent more than $800 million in wire transfers to China Oil and Petroleum Company Limited, which was was an Iranian front company that aided ...
The US imposed sanctions on Wednesday on Shandong Shengxing Chemical Co. Ltd, a Chinese refinery, for buying Iranian crude oil worth over USD 1 billion as President Donald Trump’s administration ...
The U.S. has intensified pressure on Iran by imposing new sanctions targeting its oil exports, including a China-based refinery. This action, part of Trump's "maximum pressure" campaign, aims to curb ...
Oil prices rose more than $1 a barrel on Wednesday on concerns about global supplies after Washington issued new sanctions targeting Chinese importers of Iranian oil. Brent crude futures rose $1.06, ...
WASHINGTON - The United States on Wednesday issued new sanctions targeting Iran's oil exports, including against a China-based "teapot" oil refinery, as President Donald Trump's administration ...
Russia’s Arctic oil exports to China are set to rise sharply this month buoyed by a jump in ship-to-ship transfers at sea to ensure tankers pulling into port are not on U.S. sanctions lists ...
NEXCEL shows Aramco's expanding presence in China as the oil giant has become one of the leading foreign direct investors in the world's second biggest economy. Aramco is investing in projects in ...
Iran’s and China’s oil trade is actually shifting quite rapidly right now as new US sanctions and also OPEC production cuts are reshaping global energy markets. At the time of writing, with China oil ...