US blacklists Chinese oil giant CNOOC, adds Skyrizon to Military End User list

Jan 14, 2021

Washington [US], January 15 The United States on Thursday (local time) added the Chinese oil giant, CNOOC Limited, to its economic blacklist for...

Biden allowing emergency oil reserves to go to China: Republican lawmakers claim

Jul 08, 2022

Washington [US], July 9 : Several top Republicans have severely slammed US President Joe Biden following reports of emergency US oil being sent to...

US steers clear of yuan linked Saudi-China oil trade talks

Mar 16, 2022

Washington [US], March 16 : The United States on Tuesday said it is not asking its allies and partners to choose between the US...

China warns Indonesia against drilling in Beijing-claimed waters

Dec 29, 2021

Beijing [China], December 29 : China is using its pressure tactics on Indonesia designed to halt oil and natural gas development projects by Jakarta...

Iran to continue developing its oil industry despite US sanctions

Jul 11, 2020

Tehran [Iran], July 11 : Iranian oil minister Bijan Zanganeh said Iran is determined to develop its oil industry despite US sanctions.

China: Shanghai crude oil futures close lower

Jul 12, 2022

Shanghai [China], July 12 : Crude oil futures closed lower Tuesday in daytime trading on the Shanghai International Energy Exchange.