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Eurasia

China, Russia sign road transport deal in boost for bilateral energy trade | Source: Global Times

China has signed an agreement with Russia on road transportation of dangerous goods, which will effectively boost bilateral trade in energy products, including liquefied petroleum gas and natural gas. At a time when many parts of the world face energy shortages, the agreement shows that China and Russian have strengthened bilateral cooperation on energy security, analysts said.

Source: Global Times


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Global Energy Stategic Resources

Middle East

MIDDLE EAST

EGYPT/IRAQ: Egypt and Iraq signed agreements to enhance bilateral ties including oil and water resources. One of the agreements was an oil-for-reconstruction deal, in which Egyptian companies would carry out development projects in return for oil, Iraq’s main natural resource.

SOURCE: MIDDLE EAST MONITOR

 

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Global Energy

Asia Pacific

ASIA PACIFIC

  • SOUTH CHINA SEA: Philippines President Rodrigo Duterte has lifted the moratorium on petroleum exploration in the South China Sea, paving the way for three projects to resume energy-related activity in the area (which had been suspended from 2014 due to territorial disputes). The Philippines said the decision to lift the moratorium was arrived at “with full regard of the ongoing negotiations between the Philippines and China.

SOURCE: REUTERS

 

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