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NewsDesk MC May 3, 2026May 3, 2026 china, CommerceMinistry, DonaldTrump, energysecurity, GlobalOilMarket, iran, IranianOil, MiddleEastConflict, OilTrade, Petrochemical, QingdaoHaiye, RefinerySanctions, sanctions, Shandong, StraitOfHormuz, TeapotRefineries, tehran, TradeDispute, UnitedStates, USChinaRelations, XiJinping

China Defies US Sanctions on Refineries Tied to Iranian Oil Trade

Beijing-China said on Saturday it would not comply with U.S. sanctions imposed on five Chinese firms accused of purchasing Iranian

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NewsDesk MC March 20, 2026March 20, 2026 china, CNOOC, cnpc, crudeoil, DaqingOilField, energypolicy, energysecurity, Geopolitics, globalenergy, imports, industrialdemand, iraq, MiddleEast, offshoredrilling, oilmarkets, oilproduction, productionplateau, SaudiArabia, shaleoil, tertiaryrecovery, ZhuWeilin

China oil output peaks near limits despite record gains

Beijing— China has reached near the limits of its domestic oil production capacity after hitting a record high in 2025,