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China

  • GovernmentIn the NewsMarketsOil & Gas

    U.S. Struggles to Counter China’s Growing Economic Influence in Central Asia

    by Ikeoluwa Juliana Ogungbangbe February 3, 2025
    by Ikeoluwa Juliana Ogungbangbe February 3, 2025

    China’s economic influence in Central Asia continues to rise, with trade hitting $94.8 billion. The U.S. faces difficulties in curbing Beijing’s expanding presence

  • In the News

    China’s Energy Transition Slows Oil Demand Growth

    by Victor Adetimilehin September 10, 2024
    by Victor Adetimilehin September 10, 2024

    China’s transition to greener fuels and a sluggish economy have led to slower oil demand growth, according to experts at the APPEC conference.  

  • In the News

    Nigeria’s NNPC Expands LNG Exports to Japan and China

    by Ikeoluwa Juliana Ogungbangbe August 29, 2024
    by Ikeoluwa Juliana Ogungbangbe August 29, 2024

    NNPC expands LNG exports to Japan and China, boosting its presence in global energy markets.

  • In the News

    China Sweeps Iraqi Oil and Gas Bidding, Raising Questions about US Involvement

    by Victor Adetimilehin May 13, 2024
    by Victor Adetimilehin May 13, 2024

    The Iraqi government awarded exploration and development rights for five additional oil and gas fields to Chinese companies on Sunday, May 12, 2024. This brings the total number of licenses …

  • In the News

    China Stockpiles Russian Oil in New Reserve Base

    by Victor Adetimilehin April 16, 2024
    by Victor Adetimilehin April 16, 2024

    China is bolstering its energy security by stockpiling Russian ESPO blend crude oil, a move that also aids Russia in finding a market for its oil exports amidst challenges created …

  • In the News

    EU Probes Chinese Bids in Romania Solar Project

    by Victor Adetimilehin April 4, 2024
    by Victor Adetimilehin April 4, 2024

    The European Union (EU) is investigating two Chinese companies over potential unfair advantages gained through subsidies in their bids for a solar power plant project in Romania. This move highlights …

  • In the News

    US Lawmakers Ban China from Strategic Oil Reserve

    by Victor Adetimilehin March 5, 2024
    by Victor Adetimilehin March 5, 2024

    The US Congress has passed a funding bill that prevents China from purchasing crude oil from the country’s Strategic Petroleum Reserve (SPR), in a move that reflects the growing bipartisan …

  • In the News

    Middle East Tensions Flare Up, Oil Prices Drop Amid China Crisis

    by Victor Adetimilehin January 30, 2024
    by Victor Adetimilehin January 30, 2024

    The Middle East is witnessing a surge of violence and instability, as a missile strike on a fuel tanker in the Red Sea and an attack on U.S. troops in …

  • Energy Transition

    China’s Solar and Wind Boom Outshines Coal

    by Motoni Olodun January 12, 2024
    by Motoni Olodun January 12, 2024

    China is set to cement its status as the world’s leader in renewable energy, adding more solar and wind capacity in the next five years than the rest of the …

  • Oil & Gas

    Oil Prices Soar After U.S. Naval Clash with Houthis

    by Victor Adetimilehin January 2, 2024
    by Victor Adetimilehin January 2, 2024

    Oil prices jumped 1% on Tuesday, starting the New Year higher as a Red Sea naval clash focused attention on potential Middle East supply disruptions and expectations of Chinese economic …

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Nigeria’s Oil Boom: Record Production in September 2023

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