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2019-07-03 11:30:00

U.S., CHINA TENSIONS

U.S., CHINA TENSIONS

PLATTS - President Trump's decision to postpone the levying of additional tariffs on Chinese imports marks a positive development for the US oil and gas industry, but more needs to be done to resolve the adverse impacts that have already occurred as a result of the ongoing trade war, industry advocates said.

"We are encouraged to see progress in US-China trade negotiations," Aaron Padilla, American Petroleum Institute's senior advisor for international policy, said in a statement.

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Earlier:

U.S., CHINA TENSIONS
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.
U.S., CHINA TENSIONS
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.
U.S., CHINA TENSIONS
2019, June, 27, 18:10:00
U.S. GDP UP 3.1%
Real gross domestic product (GDP) increased at an annual rate of 3.1 percent in the first quarter of 2019 , according to the "third" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2018, real GDP increased 2.2 percent.
U.S., CHINA TENSIONS
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.
U.S., CHINA TENSIONS
2019, June, 25, 12:50:00
U.S. FINANCIAL RISKS UP
In addition, a number of medium-term risks are growing. The financial system appears healthy but vulnerabilities in leveraged corporates and, potentially, in the nonbank system are elevated by historical standards. An abrupt reversal of the recent supportive financial market conditions or a deepening of ongoing trade disputes represent material risks to the U.S. economy, with concomitant negative outward spillovers. The U.S. public debt-to-GDP ratio is on an unsustainable path and is expected to continue rising throughout the medium-term, as aging related spending rises.
U.S., CHINA TENSIONS
2019, June, 24, 12:10:00
6 UNDERVALUED ENERGY STOCKS ANEW
Let’s see which companies are still undervalued and which ones are out of my radar. Some of them reached their fair value and some other stopped to satisfy my parameters.
U.S., CHINA TENSIONS
2019, June, 21, 09:35:00
U.S. CURRENT-ACCOUNT DEFICIT DOWN TO $130.4 BLN
The U.S. current-account deficit decreased to $130.4 billion (preliminary) in the first quarter of 2019 from $143.9 billion (revised) in the fourth quarter of 2018, according to statistics released by the Bureau of Economic Analysis (BEA). The deficit was 2.5 percent of current-dollar gross domestic product in the first quarter, down from 2.8 percent in the fourth quarter.
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Tags: USA, CHINA, TRADE
Chronicle:
U.S., CHINA TENSIONS
2019, August, 23, 10:50:00
ROSNEFT SALES VENEZUELA'S OIL
Rosneft, which produces around five percent of the world’s oil, is now taking care of shipping and marketing operations for the bulk of Venezuelan oil exports, ensuring that PDVSA can continue to supply buyers.
U.S., CHINA TENSIONS
2019, August, 23, 10:45:00
ROSNEFT SWITCH TO EURO
Rosneft last week asked buyers to use the euro as the default currency for the first time in a spot tender to sell naphtha
U.S., CHINA TENSIONS
2019, August, 23, 10:40:00
ROSNEFT IN MOZAMBIQUE
Rosneft Oil Company and the National Petroleum Institute (Instituto Nacional de Petróleo, INP) have signed a Cooperation Agreement. The document was signed by Chief Executive Officer of Rosneft Oil Company Igor Sechin and Chairman of INP Carlos Zacarias. In addition, Rosneft has signed a Memorandum on Expansion of cooperation in Mozambique with the National Hydrocarbon Company (Empresa Nacional de Hidrocarbonetos, ENH).
U.S., CHINA TENSIONS
2019, August, 23, 10:35:00
ADNOC CONTRACTS $3.6 BLN
The Abu Dhabi National Oil Company (ADNOC) announced, today, the award of multi-billion-dollar contracts for the procurement of casing and tubing as it drives value through its smart approach to procurement. The combined scope of the three contracts awarded is one of the world’s largest in this category, maximizing value for ADNOC across its drilling value chain and underpinning its strategy to deliver a more profitable upstream business.
U.S., CHINA TENSIONS
2019, August, 23, 10:30:00
THE NEW CANADA'S LNG
Woodfibre LNG, a subsidiary of Singapore-based Pacific Oil and Gas Ltd., is finalizing its engineering, procurement and construction contract, which company president David Keane expects to sign “at the end of the summer or shortly thereafter” before construction begins on the LNG export facility in Squamish, British Columbia.
U.S., CHINA TENSIONS
2019, August, 23, 10:25:00
U.S. WANT VIETNAM OIL AND GAS
U.S. energy firms had interests in the South China Sea and Washington was “committed to bolstering the energy security of our partners and allies in the Indo-Pacific region and in ensuring uninterrupted regional oil and gas production for the global market.”U.S. warships have conducted periodic “freedom of navigation” operations in the South China Sea to challenge China’s claim to nearly all of the strategic waterway.
U.S., CHINA TENSIONS
2019, August, 21, 12:35:00
OIL PRICE: ABOVE $60
Brent had gained 26 cents, or 0.43%, to $60.29 a barrel, WTI was up 3 cents, or 0.05%, at $56.16 a barrel.
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