Trending News: Baker Hughes secures liquefaction tech order for Venture Global’s CP2 LNG expansionOPEC+ Prepares to Stop Raising Oil Output TargetsAPI Reports Sharp U.S. Crude Stock Draw as SPR Hits New LowOil Prices Surge on Fresh Middle East Strikes and API Crude DrawNew Zealand Awards First Offshore Oil License Since Ending Drilling BanADNOC Defies Hormuz Risks as UAE LNG Exports ContinueU.S.-Saudi Consortium Plans $5 Billion Gulf Refinery Outside HormuzEni Increases 2026 Buybacks as Production Growth AcceleratesHouthis Claim Attack on Saudi Oil Tanker in Red SeaIran Rejects Oman’s Proposal to Evenly Divide Hormuz ControlUK Regulator Targets Data Center Land Grab on the Power GridLuxfer agrees to acquisition by US investment firm Wynnchurch CapitalWhy Is Oil Rebounding?Air Liquide says AI makes up almost all new electronics investmentSUEZ starts construction of £35m UK AD facilityNippon Sanso reports strong Q1 growth as electronics gases and pricing boost earningsNippon Sanso reports strong Q1 growth as electronics gases and pricing boost earningsWaaree Renewable Technologies Enters Australia and New Zealand with Solar-BESS ProjectArgent LNG receives LNG export approval from US DOECheniere Gets Approval to Introduce Natural Gas Into Final LNG Expansion PlantUS Backs Madagascar Rare Earths Project in Push to Loosen China’s Supply Chain GripNatgas Producer Expand Energy Beats Second-Quarter Profit EstimatesAPI Shows Fall in Weekly US Crude Stocks, Rise in Fuel Inventories, Sources SayElectric Prices Spike Amid Hot Weather in US MidwestFrontier inks commercial deal for ethanol BECCS carbon creditsMaharashtra Invites PPP Bids For 200 MW Floating Solar With BESS And 22.5 MW Hydro Plant UpgradeBritish Petroleum Moves To Sell Lightsource Solar Business To Kuwait-Backed ConsortiumSolarAfrica Partners For 184 MW Solar And 300 MWh BESS Project In South AfricaShyam Metalics Commissions 8.90 MWp Captive Solar Power Project at Jamuria Plant in West BengalRed Sea Tanker Traffic Hits Multi-Month Low as Houthi Threat HoldsEscalating Protests in Libya Threaten Oil and Gas SupplyEconomists Cut India’s GDP Growth Forecast on Oil Price ShockTata Power Targets 2032 for India’s First Private Nuclear PlantHitting EU Renewables Targets Could Slash Gas Demand a Quarter by 2030States Oppose FERC Plan to Widen Blanket Gas Pipeline PermittingOil Touches Over One-Week Low as Pause in Attacks Brings Hope of US and Iran DealCenterPoint Energy Beats Q2 Profit Estimates, Boosts 10-Year Capital Investment PlanAir Liquide commits $1bn to US industrial growthVideo | Air Liquide results at-a-glanceElectronics drives Air Liquide’s €6bn backlogElectronics drives Air Liquide’s €6bn backlogTotalEnergies to Appeal Court Order to Adapt Business to Climate GoalsChina to Resell First US LNG Cargo in a Year Instead of Importing ItKazakhstan Restarts CPC Oil Exports After Week-Long Black Sea ShutdownOil Prices Extend Losses as U.S.-Iran Calm Holds for Another NightSaudi Arabia Weighs Higher Asia Crude Prices as Red Sea Shipping Costs RiseAustralia Eyes New Oil Refinery to Reduce Reliance on Imported FuelsJapan Backs Overseas Oil Pipelines to Reduce Hormuz DependenceCyprus Launches First Gas Project with Eni and TotalEnergies BackingIran Races to Fortify Its Most Vital Oil Terminal as U.S. Threats PersistOil Market Rapidly Strips Out Iran War PremiumPace Digitek Crosses 300 BESS Container Milestone, Achieves 1.5 GWh Energy Storage CapacityAir Liquide expects Qatar restart to ease helium supply pressuresIndian Green Energy Stocks See Mixed Trading As IEX Gains And Renewable Majors Decline (28 July 2026)Hoymiles Deploys World’s First 5000 W Microinverter in Hyderabad Commercial Solar InstallationSempra delays ECA LNG Phase 1 commissioning in MexicoDEWA International Expands Dubai’s Energy And Water Expertise Across Global MarketsMalawi Launches First Utility-Scale Battery Storage System To Strengthen Clean Energy GridCavagna Group targets healthcare growth with ‘Gaslive’ rebrandAir Liquide reports higher H1 2026 profits as semiconductor demand growsBaker Hughes Flags Lower Spending by Oil and Gas Producers in 2026Oil Stocks in US Strategic Petroleum Reserve Fall by 3.7 Million Barrels to Lowest Level Since 1983US Natural Gas Prices Fall 4% to 11-Week Low on Record OutputOil Prices Settle at Lowest in Over a Week, as US Pauses Attacks on IranUS Energy Department Orders More Power Resources for Western Electric GridRed Sea Tanker Traffic Falls to Multi-Month Low After Houthi ThreatsGasoline in Australia Jumps to Highest Level Since MarchHouthi Threats Force Saudi Crude Tanker Onto Suez Route To AsiaRussia Says Fuel Crisis Is Easing as Refineries RestartIndian Refinery MRPL Bars Crude Suppliers From Hormuz, Red Sea RoutesArgentina’s Nucleoeléctrica signs MoU relating to life extension project in RomaniaPeer review of floating nuclear plant ‘ranks it on par with Russia’s top units’Radiant and NASA awarded US HALEU allocationsInitiative launched to bolster Italian nuclear supply chainWE’RE IN CONTROL: Iran Says it Still Controls Strait, Not Seeking Talks, After Trump Halts BombingOil Prices Hit One-Week Low After US, Iran Pause Fighting Over WeekendTHE OIL MARKET: Crude Oil Futures are Pricing Market Adaptability, Not Hopeful Iran Peace: RussellTrump May Need to Allow Chinese Minerals as US Industry Struggles to Meet 2027 deadlineBEEFING IT UP: Expand Energy to Beef Up Gas Marketing Business with $1.25 Billion Twin Eagle DealParas Semiconductor eyes chip facility in Madhya Pradesh, IndiaSaudi Red Sea Crude Exports Have Sank 41% Since March PeakOil Shock Could Turn Super El Niño Into an Inflation Problem AgainRussia’s Biggest Black Sea Oil Port Goes Quiet as Drone Threat GrowsOil Prices Plunge 5% After U.S. and Iran Halt AttacksChina’s Crude Oil Imports SurgeJapan Eyes Foreign Banks to Back $33 Billion U.S. Natural Gas InvestmentIrish Energy Distributor Agrees to $7.7 Billion Takeover by KKR-Led ConsortiumEuropean Natural Gas Prices Plunge 8% as U.S.-Iran Tensions EaseLinde expands low-carbon power push as industry faces soaring electricity demandGreen Energy Stocks Deliver Mixed Performance As Indian Markets End Higher (27 July 2026)Omega Bright Steel Signs PPA with LR Energy for 6 MWp Captive Solar Plant in HaryanaBrent, WTI Oil Prices Both Down Over 5 PercentPFC Consulting Incorporates Kushtagi Transmission SPV for Karnataka 765 kV Transmission ProjectJuniper Green Energy Launches INR 1,800 Crore IPO; Subscription Opens On July 30, 2026Puro.earth certifies first European biogas BECCS carbon removal projectBELECTRIC Appoints Daniel Kiremidjian as CEO of UK Business to Drive Solar and Battery Storage GrowthEnvitec lands German biomethane projectNippon Sanso Matheson to build $5.4m industrial gas site in TexasMiddle East conflict sparks closure fears for UK’s largest gas storage siteTrump Warns China, Russia Against Involvement in Iran War

Trump Says China to Begin Process of Purchasing ‘American Energy’

Business & Policy
October 30, 2025

China has stayed away from importing U.S. crude oil and has been reselling U.S. liquefied natural gas since early this year as Beijing’s high tariffs made the purchases unviable.

Get the Latest US Focused Energy News Delivered to You! It’s FREE:

The U.S. accounted for about 5% of China’s LNG imports and 2% of China’s crude oil imports last year, Chinese customs data showed.

(Reporting by Shubham Kalia in Bengaluru; Additional reporting by Chen Aizhu in Singapore; Editing by Tomasz Janowski and Christopher Cushing)