Tagged With China
China steps back from fresh LNG contracts
7 November 2024
The move could have major ramifications for the LNG sector
China’s changing role as an oil consumer
4 October 2024
Economic ill-health may be a wake-up call to the world about the Asian nation’s shifting oil buying status
Chinese NOCs see upstream gains and downstream losses
30 September 2024
China’s state-owned oil companies have succeeded in raising domestic oil and gas production, but their refining businesses are being squeezed
Asian demand critical to absorb fresh LNG supply
25 September 2024
Purchasing from region will help determine if prices will stay buoyant in the second half of this decade as supply increases, with significant volumes due online in the next three years
Weather and pricing key to Asia’s winter LNG demand
2 September 2024
Nuclear availability in Japan and South Korea will also be an important factor in determining overall LNG requirements
China’s gas strength has doubts longer term
29 August 2024
The fuel will continue to displace coal in the coming years, but after 2030 the pace of gas growth may slow
Asia increasingly looks to flexible LNG supply
21 August 2024
Demand growth and the expiration of existing contracts mean Asian nations will become less reliant on long-term contracted supply
China’s NOCs plan renewed African growth
12 July 2024
The current wave of investment comes after Africa’s importance as an energy supplier to China has declined in recent years
China’s LNG fleet growth to change the global market
9 July 2024
Chinese firms may be poised to move into trading, amid a burgeoning glut of supply and capacity
Low prices spur rising Chinese gas demand
7 June 2024
Q2 demand growth is looking robust after a strong Q1
Beijing remains uncommitted on Power of Siberia 2 plans
4 June 2024
Russia’s pivot to the east is encountering barriers among the Central Asian republics and due to China’s reluctance to become too dependent on Russian gas
China’s diesel demand woes
2 May 2024
Faster-than-expected economic growth fails to mask macro imbalances and shifting structural oil product trends
Competition heating up for Chinese refiners
26 April 2024
Slowing demand growth and capacity expansions will squeeze refiners in coming years
China’s corruption purge targets the energy sector
22 April 2024
Beijing’s renewed targeting of NOC management could threaten investment
Gas faces uphill battle in China and India
11 April 2024
The renewables revolution is not producing a gas boom in Asia’s largest countries, as incumbent energy sources coal and hydro retain an advantage
CNOOC gears up for offshore challenge
13 March 2024
China’s state-controlled offshore specialist is looking to bump up output again this year is it turns its attention to more-difficult assets
Rising Chinese LNG imports are no threat to Europe
11 March 2024
China’s intake of the fuel rose by 12.6% in 2023 and will continue to increase this year, but this looks unlikely to cause trouble for Europe
Chinese oil demand growth poised to slow
24 January 2024
Demand prospects are limited by decelerating economic expansion following the post-pandemic rebound
China’s accelerating transition to curtail oil and gas demand
19 January 2024
Rapid electrification and the adoption of renewables may allow China to trim its dependence on fossil fuels and reach net zero sooner than previously expected
Asia’s changing oil market landscape
21 December 2023
Chinese demand is at the forefront of shifting oil contours for Asia for 2024 and beyond
Yuan makes oil and gas trade inroads
18 December 2023
But the dollar still remains overwhelmingly the favoured currency
China’s gas goals face unconventional hurdles
4 December 2023
Beijing’s strong emphasis on domestic production growth will require heavier investment from the country’s NOCs, as remaining reserves become harder to exploit
Petchems Report: Asia ramps up petchems production
13 November 2023
India and China are both looking to substantially boost their petchems capacities out to 2030
Muted winter LNG outlook for NE Asia
10 November 2023
Seasonal temperatures will prove critical, but the LNG demand prospects for China, Japan and South Korea are currently soft
China stalls on Power of Siberia 2
25 October 2023
Beijing appears willing to use Moscow’s isolation to its advantage
China gas policy focuses on energy security
20 October 2023
The revised Gas Utilisation Policy refines Beijing’s policies for a market that has doubled in size since 2012
Oil market poised for China showdown
8 August 2023
China puts the strategic in SPR as it looks to utilise record oil storage
China pumps record crude despite economic headwinds
4 August 2023
Record domestic production and high imports contrast with weak economic growth to raise the question of how much more crude China can store
East Asian LNG demand may not threaten Europe
12 July 2023
Risks persist, particularly those related to weather, which could tighten gas availability for Europe
Gas jostles for vital role in China’s energy mix
22 June 2023
The fuel has lost ground to coal and renewables but is seen as key to balancing needs for energy security with long-term efforts to decarbonise
Asia’s NOCs chart paths to decarbonisation
5 June 2023
But none of the companies are poised to abandon oil and gas anytime soon
China’s LNG demand blunted for now
26 May 2023
Pipeline imports and domestic production gains may limit LNG take, but Russia and Central Asia uncertainty could prompt buying activity
Rise of Brics challenges oil world order
23 May 2023
The five economies are shaking up global markets, and they could be on the cusp of a major break from the existing order
Letter from China: Price controls squeeze gas suppliers
10 May 2023
Incomplete price reforms pose problems for both upstream and downstream players and threaten further shortages
Low prices not luring Asian buyers back to LNG
25 April 2023
Preferable nuclear and coal options suggest balanced Asian LNG market, at least over the summer
Opec+ cuts jar with China’s strong buying signals
21 April 2023
Beijing likely to be unfazed by move amid growing alliance with Saudi Arabia
China holds all the cards in Russia’s eastern pivot
4 April 2023
The Asian giant sees no reason to rush on energy cooperation
China’s recovering oil demand may not be all it seems
24 March 2023
Rise in imports may be more to do with stockpiling ahead of summer than actual increased consumption
Subdued Asian LNG interest produces large stockpiles
16 March 2023
Weak prices support demand but mild weather, delayed gas projects, large reserves and nuclear alternatives set to blunt upturn
Global LNG analysis report 2023 – Part 2
2 March 2023
The second part of this deep-dive analysis looks at liquefaction and regasification developments in the Middle East and Asia-Pacific
Letter from China: Long-term LNG demand looks strong
24 February 2023
Last year’s slip in gas consumption does not affect the outlook to mid-century
China’s NOCs ride wave of rising demand
7 February 2023
From E&P to refining, the state-owned companies are well-positioned for growth and bumper profits
China and Russia deepen energy links
7 February 2023
But Beijing remains somewhat cautious in an attempt to avoid alienating the West
Chinese gas demand set to rebound
3 February 2023
The Asian giant’s LNG imports slumped last year but look likely to recover in 2023
Chinese energy demand gets back on track
2 February 2023
The signs point towards a comeback in 2023, but uncertainty around Covid remains a factor
Letter from China: Rebounding demand meets economic headwinds
30 January 2023
Opec+ and the IEA have both revised up 2023 forecasts for Chinese oil demand in recent weeks
Riyadh doubles down on Chinese downstream partnership
16 January 2023
A flurry of petchems co-investments reflects Aramco’s drive to preserve long-term market share in both crude and its products
Outlook 2023: China’s and India’s changing barrels
8 December 2022
World’s two most populous nations are central to global oil demand, but in different ways
Where next in Europe’s diesel crisis?
5 December 2022
The fate of the continent’s supply crunch may lie elsewhere—in China, the Middle East and Russia
Outlook 2023: Supply-side adjustments to end diesel crack rally in 2023
1 December 2022
China is making strong efforts to kickstart its refining industry, and grassroots refineries are in their finishing phases around the globe
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