CNPC Pledges to Ensure China’s Oil and Gas Supply Amid Iran Crisis
China's largest oil and gas company, CNPC, has committed to ensuring sufficient domestic supply of oil, gas, and fuels in response to the Middle East crisis impacting global supply chains. This pledge highlights China's concern over potential energy shortages and its strategy to mitigate risks associated with geopolitical instability.
OilPrice · April 30, 2026
Wall Street Giants Circle Shell’s $15 Billion LNG Canada Stake
Three of the largest asset management firms are competing for Shell’s interest in the LNG Canada project, with price tag estimates ranging between $10 billion and $15 billion, Reuters reported, citing unnamed sources familiar with the matter. KKR, Apollo Management, and Blackstone are vying for a po
OilPrice · April 30, 2026