CNOOC eyes US energy cooperation, mulls joint investments
China’s state-owned oil and gas company CNOOC sees potential for an energy cooperation with the US, and would consider investing alongside US partners in future projects, a senior executive said, as signs of a thaw in trade relations emerge.
New US tariffs on Canadian imports could raise LNG project costs
The collapse of US-Canada trade negotiations, followed by new US tariffs of up to 50% on a range of Canadian imports, could raise construction costs and make new Canadian LNG export projects harder to finance.
China suspends US LNG imports for 40 days, turns to Australia
China has suspended LNG imports from the United States for 40 days in a tit-for-tat trade war, forcing traders to reroute shipments. No US LNG cargo is currently on route to China, Kpler data shows, and China Resources Gas International’s just secured alternative supply from Australia through a deal with Woodside.
