Global Markets: China Overtakes Japan As World’s Top Natural Gas Importer

Global Markets: China Overtakes Japan As World’s Top Natural Gas Importer

China has recently overtaken Japan to become the world’s biggest importer of natural gas and will likely keep that crown as pipeline and liquefied natural gas (LNG) infrastructure grow, according to an analysis by S&P Global Platts.

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Global Markets: China’s Oil Imports Surge To Record High

Global Markets: China’s Oil Imports Surge To Record High

China’s crude oil imports averaged 9.61 million barrels a day last month, customs data cited by Reuters has revealed, with the agency noting the amount is the highest on record. Once again, it was the independent refiners, or teapots, that drove the increase as they seek to fulfill their import quotas before they expire.

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Mozambique Mining: Syrah Resources sells graphite to Chinese company

Mozambique Mining: Syrah Resources sells graphite to Chinese company

Syrah Resources will supply graphite extracted in Mozambique to China’s Qingdao Taida-Huarun New Energy Technology Co. Ltd. under a binding contract, the Australian company said in a statement released on Wednesday.

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Mozambique Mining: Chinese company starts heavy sands exploration in Chibuto, Gaza

Mozambique Mining: Chinese company starts heavy sands exploration in Chibuto, Gaza

The launch of the Chibuto heavy sand exploration project is set to move ahead and its impact will radically change the quality of life of the population, the director of Mineral Resources and Energy of the Mozambican province of Gaza.

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China’s Oil Addiction Is Its Main Weakness As A Superpower

China’s Oil Addiction Is Its Main Weakness As A Superpower

For decades, the U.S. was so reliant on foreign crude oil imports that it dictated much of the country’s foreign policy spanning numerous presidential administrations. As far back as the 1970s, especially after the 1973-74 Arab oil embargo that threatened economic survival, foreign policy decisions became increasingly subservient to OPEC, and mostly Saudi oil imports.

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Global Industry: IEA publishes 3rd annual Global Gas Security Review to assess LNG markets evolution

Global Industry: IEA publishes 3rd annual Global Gas Security Review to assess  LNG markets evolution

The evolution of the global natural gas market, which has been driven by the growth in liquefied natural gas (LNG) demand, continues to change the relationship between buyers and sellers, and raises new challenges for the global security of energy supplies.

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Africa Oil & Gas: Uganda and China to Jointly Explore Albertine Graben

Africa Oil & Gas: Uganda and China to Jointly Explore Albertine Graben

Uganda’s national oil company and Chinese firm CNOOC, will be exploring jointly a new oil and gas block in the Albertine Basin. A memorandum of understanding was signed for the deal while President Yoweri Museveni was attending an Africa-China forum in Beijing, a statement issued by his office said.

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