China – Page 3

Global Markets: China’s Oil Inventories Rise 416.7% In One Month

Posted on November 21, 2018 by Mozambique Resources Post

Crude oil stockpiles in China rose by 29.09 million barrels last month from a month before and are likely to continue up, S&P Global Platts calculations have suggested. The inventory build was a result of rising imports combined with lower refinery activity, which led to the 416.7-percent surge in October from September.

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

Posted on November 12, 2018 by Mozambique Resources Post

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.

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

Posted on November 9, 2018 by Mozambique Resources Post

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.

Mozambique Mining: Syrah Resources sells graphite to Chinese company

Posted on November 7, 2018 by Mozambique Resources Post

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.

Global Industry: China won’t renew coal, steel output restrictions amid trade war

Posted on November 6, 2018 by Mozambique Resources Post

China won’t renew harsh restrictions on coal and steel production capacity originally targeted at cut air pollution, as the country’s trade war with the US has begun to affect growth.

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

Posted on October 30, 2018 by Mozambique Resources Post

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.

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

Posted on October 26, 2018 by Mozambique Resources Post

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.

Global Markets: Big Oil Woos China With $24B Spree

Posted on October 26, 2018 by Mozambique Resources Post

A Chinese archipelago that served as a pirate’s den in centuries past and was governed by President Xi Jinping in the new millennium is luring the world’s energy giants.

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

Posted on October 22, 2018 by Mozambique Resources Post

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.

Mozambique Mining: Moz Graphite set to power Chinese electronics by 2019

Posted on October 4, 2018 by Mozambique Resources Post

The northern Mozambican district of Montepuez has one of the highest-grade graphite deposits in the world. These deposits are being explored.

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