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Trump can’t shake Russia scandal

  The Russian hacking scandal, which has dogged Donald Trump’s tenure in the White House, refuses to die down. Despite National Security Adviser Michael Flynn’s fall from grace for lying about conversation with Russian envoy and Attorney General Jeff Sessions’ acceptance that he had misled senators about his meetings with Kremlin envoy, Trump continues to be in denial mode about ...

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China energy giant to unleash $85bn spinoff

  Bloomberg As China’s biggest oil and gas producer prepares to report what may be its worst-ever earnings, investors are focused on billions of dollars that could be unlocked by a spinoff of its massive pipeline network. PetroChina Co.’s natural gas and crude oil transportation system, stretching from the country’s remote borders with Central Asia to major coastal cities, could ...

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Saudi oil shipments to China up 5% in Feb

  Bloomberg Saudi Arabia maintained its spot as China’s top oil supplier in February, two months into the first OPEC output cuts in almost a decade, with shipments up 5 percent on a daily basis from January, data showed on Thursday. China imported in February 4.77 million tonnes of crude oil from Saudi Arabia, about 1.24 million barrels per day ...

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