Murban crude was pegged at US$113. 60 per a barrel, Lower Zakum at US$113. 60, Umm Shaif at US$113. 10, while Higher Zakum stood at US$109. 05 per a barrel. The crude prices dropped by $7 per a barrel ...

China’s Zhenhua Oil is set to double its oil offtake from Abu Dhabi National Oil Co. (Adnoc) to 200,000 barrels per day (bpd) after taking on a new role leading development of one of the exporter’s ...

Earlier this year, the Chinese firm took over from French supermajor TotalEnergies as asset leader for Bu Hasa, ADNOC’s ...

In January, the smallest of China's state oil companies replaced French major TotalEnergies following a bidding process to ...

Three Chinese sources claim that China's Zhenhua Oil will double its oil purchases from Abu Dhabi National Oil Co, to 200,000 barrels a day.