PAKISTAN: Saudi Aramco eyeing bigger downstream investment, including oil refining

(EnergyAsia, February 21, 2024, Wednesday) — Saudi Arabia’s energy giant Aramco is laying the foundation for business expansion in Pakistan with its planned acquisition of a 40% stake in a local downstream fuels, lubricants and convenience stores firm….

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CHINA: Beijing targeted by new U.S. laws to “protect” oil reserves

(EnergyAsia, January 29, 2023, Sunday) — With China in mind, the United States House of Representatives has passed two new laws this month that limit the President’s ability to release stockpiles from the nation’s Strategic Petroleum Reserves (SPR)....

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CHINA: Crude oil imports from Russia rising despite reduced refinery operations

(EnergyAsia, September 22, 2022, Thursday) — This commentary is from the U.S. Energy Information Administration. The resurgence of COVID-19 cases since March 2022 and China’s policy of localized mobility restrictions has recently reduced refinery activity in China. China’s refineries have been processing less crude oil so far this year than last year, and China has also...

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CHINA: Product exports fall on rising domestic oil demand, refining sector’s consolidation

(EnergyAsia, February 12, 2022, Saturday) — China’s oil products exports will likely decline in the medium term owing to an on-going consolidation of its refining sector and Beijing’s focus on meeting the needs of domestic consumers. There is also environmental pressure to curb the country’s carbon emissions….

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