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Chen Aizhu

Rosneft becomes top Venezuelan oil trader, helping offset U.S. pressure

22 Aug 2019

MOSCOW Russian state oil major Rosneft has become the main trader of Venezuelan crude, shipping oil to buyers in China and India and helping Caracas offset the loss of traditional dealers who are avoiding it for fear of breaching U.S. sanctions.

Rosneft becomes top Venezuelan oil trader, helping offset U.S. pressure

22 Aug 2019

MOSCOW, Aug 22 Russian state oil major Rosneft has become the main trader of Venezuelan crude, shipping oil to buyers in China and India and helping Caracas offset the loss of traditional dealers who are avoiding it for fear of breaching U.S. sanctions.

China's petrochemical expansion to overwhelm Japan, South Korea producers

20 Aug 2019

SINGAPORE/TOKYO A massive surge in China's manufacturing capacity for paraxylene, a petrochemical used to make textile fibers and bottles, could force leading exporters in Japan and South Korea to cut production as early as the second quarter of 2020.

China CNPC suspends Venezuelan oil loading, worried about U.S. sanctions: sources

19 Aug 2019

SINGAPORE/MEXICO CITY China National Petroleum Corp, a leading buyer of Venezuelan oil, has halted August loadings following the latest U.S. sanctions on the South American exporter, three sources with direct knowledge of the matter told Reuters on Monday.

China's Shenzhen Gas to launch new LNG terminal with cargo from ENI

16 Aug 2019

SINGAPORE Chinese city-gas distributor Shenzhen Gas will launch next week in southern China its first fully-owned terminal to import liquefied natural gas (LNG), a company executive told Reuters on Friday.

China July crude throughput climbs on-year, but off record as glut weighs

14 Aug 2019

BEIJING/SINGAPORE China's July crude oil throughput rose 4% from a year earlier, official data showed on Wednesday, buoyed by improved refinery profit-margins and as new plants started production.

UPDATE 2-China July crude throughput climbs on-yr, but off record as glut weighs

14 Aug 2019

* July crude output +2.5% on-yr; Natgas +6.1% on-yr (Adds further comment, detail)

China's ENN wins LNG trailer transport permit for Zhoushan bridge

29 Jul 2019

SINGAPORE Chinese privately owned gas distributor and terminal operator ENN Group said on Monday it has won a permit to transport liquefied natural gas (LNG) carried by trucks over a large bridge in eastern China to reach more customers in the region.

China's ENN wins LNG trailer transport permit for Zhoushan bridge

29 Jul 2019

* Permit will allow LNG trucks to travel Zhoushan Cross-sea Bridge

Counting down to 2020, Singapore's Ocean Tankers tests IMO-compliant fuel

28 Jul 2019

(This July 25 story corrects company name in penultimate paragraph from Ocean Tankers to Ocean Bunkering Services)

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