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Oil companies evacuate workers as Sudan clashes worsen

Oil workers employed by China National Petroleum Corp and Sinopec have fled Sudan amid continued armed conflict in the African country. As of early May, the two state-owned giants have evacuated 189 workers by air or sea — 114 employed by CNPC and 75 by Sinopec, according to an Upstream report. China has deployed its […]

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QatarEnergy and China’s CNPC to sign major LNG deal

China National Petroleum Corp (CNPC) will soon finalise a deal to buy LNG from QatarEnergy from Qatar’s massive North Field expansion project, Reuters reported, citing three people with knowledge of the matter. This would be the second such deal between both countries as Beijing looks to diversify its fuel sources in a drive to replace […]