U.S. sanctions have barely put a dent on China’s massive purchases of discounted Iranian oil, thanks to a shadow supply chain ...

Asia’s dependence on Middle East oil and gas — and its slow shift to clean energy — leave it vulnerable to disruptions in ...

BEIJING -- China National Offshore Oil Corporation (CNOOC) announced Wednesday the full operation of the second phase of its ...

A Chinese military magazine, Naval and Merchant Ships, recently zeroed in on one of Taiwan’s biggest vulnerabilities. The ...

While not officially taking over Chevron’s assets, Chinese companies like China Concord Petroleum and Anhui Guangda Mining ...

After reaching a high of $81/bbl on Jan. 15, the spot price of WTI crude fell sharply in April to below $60/bbl, the lowest ...

(RTTNews) - Oil rose on Monday due to hopes sparked by US-China trade talks at the senior official level and with the nearing travel season boosting energy demand. WTI crude oil for July delivery ...

Oil futures rose with traders optimistic about U.S. trade talks with China while entertaining doubts about how much extra oil OPEC+ countries have put on the market since starting to unwind 2.2 ...

Venezuela is preparing to raise gasoline prices by 50% as the government confronts a looming decline in oil revenue following the suspension of operations by Chevron (CVX) and other foreign energy ...

Spain, which had been increasing its imports of crude oil from Venezuela earlier this year, completely stopped buying Venezuelan oil in April. This happened just before a key deadline set by the U.S.

Venezuela hasn’t waited long to replace Western service providers in its oil industry after the U.S. sanctions, and has signed at least nine agreements with foreign firms, including from China ...

The deals are part of President Nicolás Maduro’s plan to replace Western oil companies after US sanctions ended their licences.