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2019-07-05 11:25:00

CHINA'S OIL GAS RULES DOWN

CHINA'S OIL GAS RULES DOWN

PLATTS - China has lifted restrictions on foreign investment in its conventional oil and gas upstream and city gas distribution sectors, in an attempt to boost resource development, and setting the stage to break the monopoly of national oil companies.

The new policy, which will take effect on July 30, is part of a wider swathe of ongoing market reforms aimed at opening up Chinese industries to foreign companies, and comes on the backdrop of the trade conflict with the US.

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Earlier:

CHINA'S OIL GAS RULES DOWN
2019, July, 3, 11:30:00
U.S., CHINA TENSIONS
Tariffs, imposed by the US under Section 301 of the Trade Act of 1974, as well as retaliatory tariffs imposed by China on US imports, have already harmed the US oil and gas industry, according to testimony Padilla recently gave to the US Trade Representative's Section 301 committee
CHINA'S OIL GAS RULES DOWN
2019, July, 1, 11:25:00
U.S., CHINA TRADE: $300 BLN
The re-opening of trade negotiations between the US and China also opens the door for the easing of trade tensions and potential removal of tariffs on a range of commodities including LNG, LPG, soybeans, metals and petrochemicals.
CHINA'S OIL GAS RULES DOWN
2019, June, 27, 18:25:00
CHINA'S IMPORTS TO U.S. : $300 BLN
“Imposing tariffs on the remainder of U.S. imports from China will put undue strain on the supply chains of the natural gas and oil industry that enable the delivery of reliable and affordable energy to American families and businesses,” said Dr. Aaron Padilla, API’s Senior Advisor for International Policy.
CHINA'S OIL GAS RULES DOWN
2019, June, 26, 14:05:00
RUSSIA'S OIL TO CHINA UP ANEW
Imports from Russia came in at 6.36 million tonnes in May, or 1.50 million barrels per day (bpd), data from the General Administration of Customs showed on Tuesday.
CHINA'S OIL GAS RULES DOWN
2019, June, 26, 14:00:00
U.S. OIL TO CHINA UP
Over January-May, China imported 2.7 million mt of LNG from Malaysia, up 32% year on year, the customs data showed.
CHINA'S OIL GAS RULES DOWN
2019, June, 26, 13:55:00
CHINA'S LNG UP
Over January-May, China imported 2.7 million mt of LNG from Malaysia, up 32% year on year, the customs data showed.
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Tags: CHINA, OIL, GAS, RULES
Chronicle:
CHINA'S OIL GAS RULES DOWN
2019, August, 19, 11:20:00
CHINA'S GREEN INVESTMENT $1 BLN
Chinese financial institutions provided at least $1 billion in “green” financing to coal-related projects in the first half of this year, a review of financial data showed, with fossil fuels still playing a major role in Beijing’s energy strategy.
CHINA'S OIL GAS RULES DOWN
2019, August, 19, 11:15:00
U.S. RIGS UP 1 TO 935
U.S. Rig Count is up 1 rig from last week to 935, with oil rigs up 6 to 770, gas rigs down 4 to 165, and miscellaneous rigs down 1 to 0. Canada Rig Count is up 2 rigs from last week to 142, with oil rigs up 7 to 101 and gas rigs down 5 to 41.
CHINA'S OIL GAS RULES DOWN
2019, August, 16, 10:50:00
OIL PRICE: NEAR $59
Brent was up 52 cents, or 0.9%, at $58.75 a barrel , U.S. crude was up 65 cents, or 1.2%, at $55.12 a barrel
CHINA'S OIL GAS RULES DOWN
2019, August, 16, 10:35:00
U.S., RUSSIA SANCTIONS AGAIN
The US is set to impose sanctions on Rosneft if it continues to trade crude oil and fuel with Venezuela's PDVSA in exchange for debt repayments and stakes in joint venture projects in the South American nation,
CHINA'S OIL GAS RULES DOWN
2019, August, 16, 10:30:00
ZOHR GAS OUTPUT UP TO 11.3 BCM
In H1 2019, the production on the Zohr field amounted to 11.3 bcm of gas, which is 3.6 times more than in the same period last year.
CHINA'S OIL GAS RULES DOWN
2019, August, 16, 10:25:00
U.S. GAS PRODUCTION UP
U.S. natural gas production continued to increase in August despite relatively low natural gas spot prices
CHINA'S OIL GAS RULES DOWN
2019, August, 16, 10:20:00
U.S. OIL INVENTORIES 440.5 BBL
At 440.5 million bbl, US crude oil inventories are 3% above the 5-year average for this time of year
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