Trending News: Oil Prices More Than 3% as Fears of Renewed US-Iran CombatOil Prices Climb More Than 3% on Fears of New US-Iran CombatUS Drillers Add Oil/Gas Rigs for Fourth Week in a Row, Says Baker HughesIndia Signs LPG and Strategic Oil Reserves Deal with UAEIndia’s Trade Deficit Jumps as Energy Import Prices SoarBP Weighs Egyptian Gas Asset Sale in Restructuring DriveTrump Discussed Sanctioned Chinese Oil Refiners With Xi, Considering Lifting BansWhy the Price of Gas Is the Most Important Number in US PoliticsUS Says Chinese Leader Xi Opposes Strait of Hormuz TollMOL to upgrade Hungary biogas plant for biomethane injectionCanada’s LNG Ambitions Grow as British Columbia Warms to Gas ExportsCommonwealth LNG Approves $13 Billion Louisiana Export ProjectAustralia Rules Out LNG Export Curbs as East Coast Gas Supply Fears EaseADNOC to Double Hormuz-Bypass Export Capacity With New Pipeline in 2027Two hydrogen buses deployed in Indian capitalVideo | Can hydrogen hubs really work in India?Noble Helium advances helium exploration drilling in TanzaniaTop Stories Of The Day: SECI Awards Odisha Solar+BESS Project; UP Energy Expo 2026 Drives RE Growth; PGCIL Floats Andhra Pradesh BESS Tender & More…Explained: Improper String Sizing In Solar PV Systems And Its Impact On Overall EfficiencyUniper seeks hydrogen buyers from German green ammonia terminalAlbanian Consortium Seeks EBRD Support for 160 MWp Solar-Plus-Storage ProjectSingapore Emerges As Southeast Asia’s Key Hub For Clean Energy Finance And Regional Power CooperationNASA and Eta Space test cryogenic LOX technologies in orbitMexico’s President Announces the Resignation of Pemex CEO Victor RodríguezBrent Heads for 6% Weekly Gain as Trump Loses Patience With IranIndia Raises Fuel Prices for the First Time in Four YearsEVNGENCO1 Plans 270 MW Floating Solar Expansion In Vietnam’s Lam Dong ProvinceMeridian Energy Secures Approval for 120 MW Bunnythorpe Solar-Plus-Storage Energy Park in New ZealandWhy Has Oil Not Gone 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Amounts of Crude From SPR Last Week, EIA SaysUS Crude and Gasoline Inventories Fell Last Week, Distillates Rose, EIA SaysA Middleware Approach to AI-Ready Power AssetBP Buys 40% Stake in Uzbek Oil and Gas BlocksIEA Revises 2026 Forecast: Oil Deficit Widens as Iran War Cuts ProductionMesser names new CEO in suite of leadership changesE-fuels firm Liquid Wind is up for sale after declaring bankruptcyNatural hydrogen firm secures €31m to carry out exploration campaignOil Little Changed as Trump Heads to ChinaUS EIA Concedes Middle East Supply Disruptions are Far Worse Than Prior Estimates
Fri. May 15th, 2026
Trending News: Oil Prices More Than 3% as Fears of Renewed US-Iran CombatOil Prices Climb More Than 3% on Fears of New US-Iran CombatUS Drillers Add Oil/Gas Rigs for Fourth Week in a Row, Says Baker HughesIndia Signs LPG and Strategic Oil Reserves Deal with UAEIndia’s Trade Deficit Jumps as Energy Import Prices SoarBP Weighs Egyptian Gas Asset Sale in Restructuring DriveTrump Discussed Sanctioned Chinese Oil Refiners With Xi, Considering Lifting BansWhy the Price of Gas Is the Most Important Number in US PoliticsUS Says Chinese Leader Xi Opposes Strait of Hormuz TollMOL to upgrade Hungary biogas plant for biomethane injectionCanada’s LNG Ambitions Grow as British Columbia Warms to Gas ExportsCommonwealth LNG Approves $13 Billion Louisiana Export ProjectAustralia Rules Out LNG Export Curbs as East Coast Gas Supply Fears EaseADNOC to Double Hormuz-Bypass Export Capacity With New Pipeline in 2027Two hydrogen buses deployed in Indian capitalVideo | Can hydrogen hubs really work in India?Noble Helium advances helium exploration drilling in TanzaniaTop Stories Of The Day: SECI Awards Odisha Solar+BESS Project; UP Energy Expo 2026 Drives RE Growth; PGCIL Floats Andhra Pradesh BESS Tender & More…Explained: Improper String Sizing In Solar PV Systems And Its Impact On Overall EfficiencyUniper seeks hydrogen buyers from German green ammonia terminalAlbanian Consortium Seeks EBRD Support for 160 MWp Solar-Plus-Storage ProjectSingapore Emerges As Southeast Asia’s Key Hub For Clean Energy Finance And Regional Power CooperationNASA and Eta Space test cryogenic LOX technologies in orbitMexico’s President Announces the Resignation of Pemex CEO Victor RodríguezBrent Heads for 6% Weekly Gain as Trump Loses Patience With IranIndia Raises Fuel Prices for the First Time in Four YearsEVNGENCO1 Plans 270 MW Floating Solar Expansion In Vietnam’s Lam Dong ProvinceMeridian Energy Secures Approval for 120 MW Bunnythorpe Solar-Plus-Storage Energy Park in New ZealandWhy Has Oil Not Gone Higher in Wake of USA-Iran Conflict?Caturus takes FID on Louisiana LNG export projectPodcast | Technical debrief: CO2 sampling for midstream in CCSConstruction starts on 15MW green hydrogen fertiliser projectHydrogen aviation advancing despite slowdown, with SAF leading transitionOttawa and Alberta Push New 1 Million Bpd Oil PipelineBLM Expands Oil Leasing Drive with July Auction PlansChina’s Gasoline Consumption Could Plunge 5.5% in 2026 as Oil Prices SurgeSinopec Opens Major Ultra-Deep Shale Gas Play in ChinaRussia’s Oil Windfall Gets Bigger as Hormuz Stays ShutFour peregrine falcon chicks join Dukovany nuclear familyContest launched to name UK’s first SMR plantUS federal funds awarded to spur SMR deploymentIAEA warning over drones near nuclear plantsTwo India-Bound LPG Tankers Clear Hormuz in Dark ModeIndia’s Wholesale Inflation Hits 3.5-Year High as Fuel Costs Surge 25%China Still Cautious on Fuel Shipments Despite Eased Export RulesVideo | Which sectors will drive hydrogen offtake in India?U.S. Officials Flag Prospect of Chinese Energy Purchases After Trump-Xi MeetingUS House Passes Bill Allowing Year-Round Sales of E15 Gasoline White House Has Few Tools for Gas-Price Relief as Iran War Drags OnJP Morgan Warns Oil Could Average $151 in Q4Protium acquires UK-backed green hydrogen project from StoreggaProtium acquires UK-backed green hydrogen project from StoreggaProtium acquires UK-backed green hydrogen project from StoreggaThe benefits of vegetarian accreditationCuba Runs Out of Diesel and Fuel Oil as Blackouts WorsenMalaysia Warns of Surge in Iranian Ship-to-Ship Oil TransfersIndia Pushes U.S. to Extend Russian Oil Waiver as Imports Hit Record HighINOX India records ‘highest-ever’ quarterly and annual revenueUK police test world-first nitrous oxide breathalyser amid rising arrestsWorld Bank Group And Global Energy Alliance Launch Africa Energy Partnership To Boost Jobs And Economic GrowthThree Spanish green hydrogen projects awarded €440m from national auctionIndian Green Energy Stocks Witness Mixed Trading Amid Strong Broader Market MomentumBimergen Energy Corporation Awards Major Construction Contract To TruGrid For Texas Battery Energy Storage ProjectsOil Prices Flat After Iran Says Dozens of Vessels are Crossing HormuzNew Attacks Reported on Ships Near Hormuz as Trump Discusses Iran with XiSaudi Aramco Looks to Raise $10 Billion from Real Estate Asset DealChevron Sells Singapore Refinery Stake to EneosJapan-Bound Oil Tanker Clears Strait of Hormuz Amid Iranian CrackdownUK Gov to Introduce Energy Independence BillInfinity Power Seeks European Funding for 1 GW Hybrid Renewable Project in EgyptUK advances PFAS phase-out but challenges remainSummit Ridge Energy Celebrates Completion Of 1.62 MW Melrose Park Community Solar Project In IllinoisBCGA appoints hydrogen expert as new President to ‘re-energise’ trade bodyBigadan launches biogenic carbon capture at Denmark plantSouth Korean and Japanese firms partner on future hydrogen projectsBurckhardt signs deal to acquire Italian biogas compressor businessHydrogenPro mothballs China plant, turns to Longi for capacity amid financial reviewIndia’s PM Orders 50% Slash in Motorcade Size to Save FuelRussia’s Oil Revenues Surge $6.3 Billion as High Prices Offset Production LossesEneos Buys Chevron Oil Assets in APAC for $2.2BGerman hydrogen network operators report early booking interestExxon, Chevron Face Dissent From Proxy Firms Ahead of Annual MeetingsUS Upstream Oil and Gas Dealmaking Hit Two-Year High in Q1 2026Italy prepares for return of nuclear powerWENRA says regulatory framework needed for nuclear shippingFANCO and AtkinsRéalis form strategic alliance for SMR deploymentChina eyes more U.S. oil amid Hormuz disruption, White House saysFirst RITM-200 reactor unit manufactured for Leningrad nuclear icebreakerOperation of Swiss plants up to 80 years feasible, report saysSolar to Surpass Coal in Texas Power Generation in 2026, EIA SaysUS Energy Firms Pull Record Amounts of Crude From SPR Last Week, EIA SaysUS Crude and Gasoline Inventories Fell Last Week, Distillates Rose, EIA SaysA Middleware Approach to AI-Ready Power AssetBP Buys 40% Stake in Uzbek Oil and Gas BlocksIEA Revises 2026 Forecast: Oil Deficit Widens as Iran War Cuts ProductionMesser names new CEO in suite of leadership changesE-fuels firm Liquid Wind is up for sale after declaring bankruptcyNatural hydrogen firm secures €31m to carry out exploration campaignOil Little Changed as Trump Heads to ChinaUS EIA Concedes Middle East Supply Disruptions are Far Worse Than Prior Estimates
Fri. May 15th, 2026

Trump Discussed Sanctioned Chinese Oil Refiners With Xi, Considering Lifting Bans

U.S. President Trump visits China
Chinese President Xi Jinping and U.S. President Donald Trump attend a meeting on the sidelines of their visit to the Zhongnanhai Garden in Beijing, China, May 15, 2026. REUTERS/Evan Vucci

(Reuters) – President Donald ​Trump said on Friday he ‌discussed Chinese oil companies that have been sanctioned for buying ​Iranian oil and will ​make a decision about whether ⁠to lift bans in the ​next few days.

The U.S. recently ​imposed sanctions on several Chinese oil refiners for buying Iranian oil, ​including Hengli Petrochemical, one ​of the country’s largest private refiners and ‌a symbol ⁠of Beijing’s drive to modernize and upgrade the industry.

“We talked about that and I’m ​going ​to make ⁠a decision over the next few days,” ​he told reporters aboard ​Air ⁠Force One shortly after leaving Beijing following his two-day ⁠summit ​with President Xi ​Jinping.

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Reporting by Trevor Hunnicutt aboard Air Force ​One; Editing by Toby Chopra

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