On May 20, 2025, the 29th World Gas Conference (WGC2025) opened at the National Convention Center in Beijing. The President of the International Gas Union, Li Yalan, said at the opening ceremony that in the face of multiple challenges such as climate change, energy security, and geopolitics, natural gas, with its advantages of abundant resources, […]

Recently, the Organization of the Petroleum Exporting Countries and its allies (OPEC+) announced a plan to increase oil production, causing international oil prices to drop immediately. This move has sparked extensive discussions in the market about its motivation and effects. Undoubtedly, it poses pressure on US shale oil producers. OPEC+’s decision to boost production has […]

In the first quarter of 2025, affected by factors such as weak energy demand prospects, falling international oil prices, and continuous changes in US energy and trade policies, the profits of the five major Western energy giants – ExxonMobil, Chevron, BP, Shell, and TotalEnergies – all declined compared with the same period last year. BP’s […]

Recently, the macro – market sentiment has improved to some extent due to the substantial progress in the China – US high – level economic and trade talks and the planned trade negotiations between some countries and the United States. However, the impact of tariff issues on the economic level cannot be underestimated. In the […]