Oil and Gas News from OilGasDaily.Com
OIL AND GAS
China rejects US sanctions on refineris over Iran oil links

China rejects US sanctions on refineris over Iran oil links

by AFP Staff Writers
Beijing (AFP) May 2, 2026
China will not comply with US sanctions against five firms targeted for purchasing Iranian oil, Beijing's commerce ministry said on Saturday.

China is a key customer for Iranian oil, mainly through independent "teapot" refineries that rely on discounted crude from the Islamic republic.

The United States, seeking to choke off revenue to Tehran, has ramped up sanctions on such refineries.

The commerce ministry's injunction, relating to sanctions announced separately since last year, states that the US measures "shall not be recognised, implemented, or complied with".

The sanctions "improperly prohibit or restrict Chinese enterprises from conducting normal economic, trade and related activities with third countries... and violate international law and the basic norms governing international relations," the ministry said in a statement.

"The Chinese government has consistently opposed unilateral sanctions lacking UN authorisation and a basis in international law."

The injunction applies to three companies in Shandong province -- Shandong Jincheng Petrochemical Group, Shandong Shouguang Luqing Petrochemical and Shandong Shengxing Chemical -- and two others based elsewhere in China, Hengli Petrochemical (Dalian) Refinery and Hebei Xinhai Chemical Group.

Washington imposed on Friday sanctions on yet another Chinese firm which it said had imported "tens of millions of barrels" of Iranian crude oil, generating billions of dollars in revenue for Tehran.

The firm, Qingdao Haiye Oil Terminal Co., Ltd., was not mentioned in the commerce ministry's injunction.

The latest sanctions come as Washington and Tehran have been locked in a diplomatic standstill, with no permanent resolution in sight for the conflict that erupted with US-Israeli strikes on Iran in late February.

US President Donald Trump is due to visit China for talks with leader Xi Jinping later this month.

Related Links
All About Oil and Gas News at OilGasDaily.com

Subscribe Free To Our Daily Newsletters
RELATED CONTENT
The following news reports may link to other Space Media Network websites.
OIL AND GAS
Waste Glycerol Powers New Electrochemical Route to Green Hydrogen and Formate
Tokyo, Japan (SPX) May 01, 2026
Researchers at the Korea Institute of Materials Science (KIMS) and Ulsan National Institute of Science and Technology (UNIST) have developed a next-generation electrochemical system capable of simultaneously producing hydrogen and value-added chemicals from waste glycerol, a byproduct of biodiesel manufacturing. The findings have been published in the energy journal Joule. The system employs an anion exchange membrane water electrolysis (AEMWE) architecture in which glycerol undergoes oxidative co ... read more

OIL AND GAS
Iron and UV light drive simple hydrogen production from alcohol

Solar-Driven Process Converts Waste Plastics Into Hydrogen And Industrial Fuels

Waste water to clean energy: Japanese engineers harness the power of osmosis

Ethanol method boosts low temperature NOx cleanup catalysts

OIL AND GAS
Robotic AI System Runs 50000 Perovskite Solar Cell Experiments and Hits 27 Percent Efficiency

Molecular Lock Design Pushes Perovskite Solar Cell Efficiency Past 26 Percent

Rice engineers suppress perovskite yellow-phase degradation with dual additives

Chiba team models energy alignment for perovskite solar cells

OIL AND GAS
OIL AND GAS
DOME test bed opens at Idaho lab to host privately built advanced reactors

Safety panel flags seismic risks at Nevada nuclear weapons lab

DOE and NRIC Name First Companies Selected for Nuclear Energy Launch Pad Program

Ion beam method to speed nuclear core material qualification

OIL AND GAS
France condemns effort to delay major IPCC climate report

'Significant' acceleration of global warming since 2015: study

Prolonged drought risks famine for millions in Somalia: ICRC

Ice age volcanoes linked to ancient Atlantic current shutdowns

OIL AND GAS
UK dieselgate lawsuit enters final journey for carmakers

China space firm tests two seat flying car concept in Chongqing

China top court says drivers responsible despite autonomous technology

Mercedes-Benz net profit nearly halves amid China, US woes

OIL AND GAS
Air strike hits Iraq base housing pro-Iran group: faction sources

Over 2,200 IS detainees transferred to Iraq from Syria: Iraqi official

OIL AND GAS
Iran names Khamenei's son as new supreme leader

Trump suggests US troops could be sent to secure Iran's uranium

Kremlin says nuclear weapons in Finland would threaten Russia

Europe reacts to Macron's atomic offer

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2026 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.