|
02/22/2010 |
China's CNOOC Eyes Big Deal In Africa
|
|
|
China National Offshore Oil Corp may pay up to $2.5 billion for Ugandan assets owned by Heritage Oil Plc, reported Monday’s Reuters. |
| |
|
01/22/2010 |
Sinopec, BP In Cooperation Talks On Shale Gas Exploration In China
|
|
|
China Petrochemical Corp., or Sinopec Group, and BP PLC (BP) are in talks to cooperate in shale gas exploration and development in China, Sinopec said Monday, reported Dow Jones. |
| |
|
01/11/2010 |
China Pulls Out Of $40 Billion Australia Gas Deal
|
|
|
Energy giant PetroChina Co. Ltd. has pulled out of a $40 billion deal to buy natural gas from a project off Australia, leaving Woodside Petroleum Ltd. looking for new customers, reported AP. |
| |
|
12/17/2009 |
IEA Forecast Oil Demand Rises On China Need
|
|
|
World oil demand will grow slightly more than expected next year, the International Energy Agency said, mainly due to accelerating economic activity in China, reported Dow Jones. |
| |
|
11/30/2009 |
Ecuador, China To Create Oil Joint Venture
|
|
|
Ecuador and China will form a joint venture to develop an oil bloc in the South American country that has proven reserves of 120 million barrels ...... |
| |
|
11/16/2009 |
China Raises Gasoline, Diesel Prices
|
|
|
China will raise gasoline and diesel prices both by 480 yuan ($70.28) per tonne from Tuesday, the National Development and Reform Commission (NDRC) announced on its website Monday, reported Xinhua. |
| |
|
11/06/2009 |
Goldman Keeps $85 Oil Target On China’s ‘Robust’ Diesel Demand
|
|
|
Goldman Sachs Group Inc. maintained its forecast for crude oil to reach $85 a barrel by the end of this year on “robust” demand for diesel in China, ...... |
| |
|
11/04/2009 |
China May Cut refiners’ Profit When Oil Falls
|
|
|
China will retain a portion of refiners’ profit when oil prices fall below $80 to help relieve the companies when prices are high, reported Bloomberg, citing the Shanghai Securities News. |
| |
|
11/02/2009 |
China Plans Emergency Oil-Storage Tanks In Northeast
|
|
|
China, the world’s second-biggest energy consumer, plans to build emergency oil-storage tanks in the northeast to help bolster fuel-supply security, reported Bloomberg. |
| |
|
10/23/2009 |
China Cuts Jet Fuel Price 4% As Crude Oil Cost Falls
|
|
|
China, the world’s second-largest oil consumer, is lowering the state-mandated price of jet fuel by about 4 percent as crude oil costs declined, reported Bloomberg.
|
| |
|
10/21/2009 |
China Cuts Retail Gasoline, Diesel Prices
|
|
|
China will lower gasoline and diesel prices both by 190 yuan ($27.8 ) a ton from Wednesday, the National Development and Reform Commission announced Tuesday, reported Xinhua. |
| |
|
10/02/2009 |
PetroChina Starts Operating $4 Billion Dushanzi Plant
|
|
|
PetroChina Co., the country’s biggest oil company, started operating a 30 billion-yuan ($4 billion) refining and chemical complex in the northwestern province of Xinji...... |
| |
|
09/22/2009 |
Daqing Oilfield To Triple Natural Gas Production
|
|
|
Daqing Oilfield, China's No.1 terrestrial oil producer, is expected to triple its natural gas production while stabilizing crude output in the years to come, reported Xinhua. |
| |
|
09/18/2009 |
CNPC Borrows $30 Bln For Acquisitions
|
|
|
China National Petroleum Corp (CNPC), the country's largest oil and gas producer, has received a USD30 billion loan to finance its overseas expansion as the company...... |
| |
|
09/09/2009 |
China Raises Fuel Prices by 4%
|
|
|
China is to raise the prices of gasoline and diesel by 300 yuan a ton, or about 4 percent each, from Sept 2, the country's top economic planning agency said late Tuesday, reported Xinhua. |
| |
|
09/08/2009 |
Canada's Athabasca To Sell Oilsand Stake To PetroChina
|
|
|
Canada's Athabasca Oil Sands Corp announced on Monday that it plans to sell a 60-percent working interest in its two oilsand projects to PetroChina, reported Xinhua. |
| |
|
09/03/2009 |
Gasoline, Diesel Prices Likely To Go Up Again In China
|
|
|
China may raise gasoline and diesel prices by 4 to 8 percent this week, to reflect international crude price hikes, said analysts, reported China Daily. |
| |
|
09/03/2009 |
China's CNOOC H1 Net Profit Falls 55% On Lower Crude Oil Prices
|
|
|
China's CNOOC Limited, the listed subsidiary of China National Offshore Oil Corporation, said Wednesday its net profit dropped 55 percent from a year ag...... |
| |
|
08/31/2009 |
China's Sinopec H1 Net Profit Up More Than Fourfold
|
|
|
China's Sinopec said Sunday first-half net profit rose more than fourfold from a year earlier to 33.25 billion yuan, helped by higher refined oil prices in the domestic market, reported AFP. |
| |
|
08/28/2009 |
China's Sinopec Reports 332.8% Profit Rise In H1
|
|
|
China Petroleum & Chemical Corp.(Sinopec), announced that its net profits in the first half of this year sharply rose by 332.8 percent year on year, becau...... |
| |
|
08/26/2009 |
China’s July Oil Product Sales Decline
|
|
|
China’s domestic oil-product sales dropped “significantly” in July because of weak demand, the China Petroleum and Chemical Industry Association said, reported Bloomberg. |
| |
|
08/20/2009 |
CNPC Va Accélérer Son Programme D’Acquisitions Etrangères
|
|
|
CNPC (China National Petroleum Corp), le plus grand producteur de pétrole et de gaz dans le pays, va accélérer cette année le programme de ...... |
| |
|
08/18/2009 |
China Approves Sinopec's Acquisition Of Addax Petroleum Corp
|
|
|
Sinopec has obtained all the required government approvals for its $7.5 billion takeover of Addax Petroleum, a deal that would help secure added production...... |
| |
|
08/13/2009 |
China Refiners To Boost Diesel Output On Fishing Season
|
|
|
China Petrochemical Corp. and China National Petroleum Corp., the nation’s biggest refiners, will increase oil processing volumes at their plants this month from July leve...... |
| |
|
08/10/2009 |
China Cuts Gasoline, Diesel Prices
|
|
|
China will cut gasoline and diesel prices from Wednesday by 220 yuan per ton, or by about 3 percent each, the National Development and Reform Commission (NDRC) announced Tuesday, reported Xinhua. |
| |
|
08/07/2009 |
CNOOC Drills New Oil, Gas Field In East China's Bohai Bay
|
|
|
The China National Offshore Oil Company Ltd. said Tuesday it has successfully drilled a new oil and gas field in East China's Bohai Bay, reported Xinhua news. |
| |
|
08/06/2009 |
CNOOC Obtained A License For Oil Product Wholesale
|
|
|
China National Offshore Oil Corp. (CNOOC), the country's leading offshore oil producer, would be a new competitor in China's domestic oil product market as the company gained qualification for o...... |
| |
|
07/30/2009 |
Oil Refining Volume Of Sinopec Rose 1.83 Percent In H1
|
|
|
China Petroleum and Chemical Corp (Sinopec), the nation's largest oil refiner, said Tuesday that it processed 86.9 million ton of crude oil in the first half o...... |
| |
|
07/10/2009 |
Expansion Of Sinopec-BASF Joint Venture Got Green Light
|
|
|
Chinese government has approved the feasibility study report on the expansion of the joint venture between Sinopec, a subsidiary of China Petrochemical Corporation, and Ludwigshafen-...... |
| |
|
07/09/2009 |
China Oil Giants May Bid The Second Time For Iraq Oil
|
|
|
China National Petroleum Corp (CNPC) and China Petrochemical Corp (Sinopec) may continue to bid in the second auction of Iraq’s oil and gas field this year, said a source close to the sit...... |
| |
|
07/01/2009 |
China's Sinopec To Buy Addax Petroleum For C$8.27 Billion
|
|
|
China’s Sinopec International Petroleum Exploration and Production Corp. (SIPC). has made a deal to buy Calgary-based Addax Petroleum for about C$8.27 billion (US$7.24 ...... |
| |
|
05/18/2009 |
Sinopec Invests RMB 28.4 Bln In Beihai Project
|
|
|
Sinopec Group has signed an agreement with the Beihai municipal government, committing a RMB 28.4 billion investment in infrastructure and o...... |
| |
|
03/30/2009 |
GE Wins $300M China Gas Pipeline Contract
|
|
|
General Electric Co. said that it has been awarded a $300 million contract for work on a new east-west natural gas pipeline in China. GE will supply compression equipment ...... |
| |
|
03/24/2009 |
Libya To Exercise Right To Buy Verenex Assets
|
|
|
Libya will exercise its right to buy the assets of Verenex Energy Inc., blocking a roughly US$400 million deal that China had sought with the Can...... |
| |
|
03/05/2009 |
China National Petroleum To Take Over Verenex For $499 Million
|
|
|
Verenex Energy Inc. has agreed to the $499-million takeover offer from a subsidiary of state-owned China National Petroleum Corp. Verenex is a Canadian company. |
| |
|
02/20/2009 |
Russia Signs Oil For Loan Agreement With China
|
|
|
Russia and China have signed an energy agreement that gives two Russian oil companies $25 billion in loans for a period of around 20 years, ...... |
| |
|
01/13/2009 |
CNPC’s Foreign Fields Yield Record High Oil, Gas In '08
|
|
|
To fuel its average yearly economic growth of 9.8 percent, the fastest-growing for the past quarter of a century, China has become one o...... |
| |
|
01/07/2009 |
China To Build Up Oil Reserve Amid Price Slump
|
|
|
Its falling demand for energy is one indicator that China is also affected by the deepening global economic crisis, but the situation also offers an opportunity to buil...... |
| |
|
12/23/2008 |
China Confirms PetroChina’s Discovery Of 100 BCM Natural Gas
|
|
|
China has validated PetroChina Co.'s discovery of a major natural gas field, with proven reserves of 100 billion cubic meters (BCM) in Xinjiang Uygur Autonomous Region, according to a Xinhua News Agency ...... |
| |
|
12/01/2008 |
Iraq Signs $3.5 Billion Deal For China’s Development Of Oil Field
|
|
|
North Oil, an Iraqi-owned company and China National Petroleum Corp (CNPC), the country's largest and state-owned oil producer, announced on Wednesday, November 5, ...... |
| |
|
11/11/2008 |
Russia, China Sign Siberian Oil Pipeline Agreement
|
|
|
A deal to build a pipeline from western Siberia to the Pacific coast to supply about 15 millions tomes of oil a year to China's northeast was among the agreements witnessed by the visiting Pr...... |
| |
|
11/06/2008 |
China To Set Up Third Antarctica Research Station
|
|
|
China’s 25th scientific research team to the Antarctica will depart from Shanghai on October 20, en route to Antarctica, to set up a third resea...... |
| |
|
11/03/2008 |
CNOOC Discovers Oil, Gas Well Following 89.3% H1 Net Profit Increase
|
|
|
China National Offshore Oil Company Limited (CNOOC Ltd), CNOOC Ltd., China's biggest offshore oil explorer, announced on October 6 its discovery of new oil and g...... |
| |
|
10/28/2008 |
Sinopec Makes $1.9 billion Bid For Canadian Oil Firm
|
|
|
Sinopec International Petroleum (SIPC), the international trading arm of Chinese energy giant Sinopec Corp, has agreed to buy Tanganyika Oil Co for C$2.07 bill...... |
| |
|
09/19/2008 |
UNCTAD: China’s Industrial Restructuring To Counter Oil Price Hike
|
|
|
China may need to restructure and upgrade its various industries to counter the negative effects of a surging oil price according to a United Nations Conference...... |
| |
|
09/16/2008 |
Sinopec Reduces Capacity Expansion Capex Over Heavy Losses
|
|
|
The Sinopec Group, Asia's top refiner and its listed arm Sinopec Corp plan additional cuts to capital expenditures. The move could undermine its effort to increase its refining capaci...... |
| |
|
09/11/2008 |
Beijing Suspends All But Shenhua Group’s Coal Liquifaction Projects
|
|
|
China has stopped all but two coal liquefaction or coal-to-oil projects by the Shenhua Group, in a move to control excess investment in the industry and to ease tight coal supplies, according to the Nati...... |
| |
|
08/10/2008 |
China Versus India For Russian Oil
|
|
|
Once again, China and India are on a race to corner energy resources to fuel their economic growths. This time what is at stake is the Siberian oil fields in ...... |
| |
| |
|
Results 1 - 48 of 48 |
According to statistics released by the National Energy Administration, net crude oil imported by China in 2009 was 199 million tons compared with 189 million tons produced domestically, rising 13.9% year on year. That translates into 51.3 percent of China's crude oil coming from overseas. This likely cements China's place as the second-largest importer of crude oil after the U.S. in 2009, leapfrogging Japan whose oil demand stagnated when its economy slid into recession.
