Chinese pays for Russian oil with cash transfers
as banks shy away from financing the oil because of sanctions
Sinopec
China steps up natural gas supply
China, the world's largest natural gas consumer, has been shoring up gas supply for the coming 2021-2022 winter-spring heating season, in a bid to prevent a supply shortage similar to the one it experienced in the previous winter
Gazprom helps China to shift from coal to gas
Beijing hopes that the Russian pipeline gas will contribute to improving the stability
China and Russia push into Iran
Chinese and Russian state-backed companies are maneuvering to profit from European firms leaving Iran, threatening the Trump administration’s bid to raise economic pressure on Tehran. As The Wall Street Journal writes in an article …