China

Portugal says its return to power and gas grid operator REN will not affect China State Grid’s 25% stake, which Lisbon wants to remain a shareholder.

China’s refined oil product exports rose 12.7 percent in August, with jet fuel exports hitting a record high as Beijing eased its wartime export controls.

China’s oil demand will fall 8.9 percent in 2026, a third straight annual decline, as high prices and EV growth curb consumption, Sinopec says.

Solar farms overtook coal in July to become China’s biggest source of installed power capacity, state media said, though solar still trails coal in generation.

PetroChina’s first-half net profit jumped 22 percent to 103.94 billion yuan on higher oil prices, even as weak Chinese demand pushed fuel sales lower.

Sinopec chairman Hou Qijun has launched a sweeping overhaul at the world’s largest refiner, splitting it into four profit centres as fuel demand slides.

China’s refined fuel exports rose from June toward pre-Iran war levels in July, after Beijing eased the export curbs it imposed during the war.

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

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

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