China has expressed anger over sanctions imposed by the United States on a Chinese firm for selling refined petroleum products to Iran. Chinas foreign ministry criticized the unilateral sanc.........
see more >>Sinopec plans to jointly build its first overseas refinery with daily capacity of 400,000 barrels at Saudi Arabias Red Sea port of Yanbu with Saudi Aramco, reports 163.com, citing foreign me.........
see more >>Royal Dutch Shells Chinese joint venture, Shell North China Petroleum Group, has signed an agreement with the Nangang Industry Zone to build a storage facility in Tianjin that would hold 200.........
see more >>The U.S. State Department has imposed sanctions on three energy trading companies for selling refined oil and gasoline to Iran, including against a Chinese company it says is Irans largest s.........
see more >>It is inevitable that a lot of Iranian oil will continue to leak through into the market, albeit through more circuitous routes. Also, despite the growing number of Iranian customers who are.........
see more >>Chinas petrochemical sector is expected to post a 31% year-on-year rise in the value of its output to Yuan 11.2 trillion ($1.7 trillion) in 2011 when figures for the year are collated, the C.........
see more >>ConocoPhillips and CNOOC have confirmed that they have received notice from the Tianjin Maritime Court calling for their response on a case filed by fish farmers over an oil spill incident a.........
see more >>Cnooc Ltd., Chinas biggest offshore energy producer, started drilling at its first domestic shale- gas project, joining rivals including China Petroleum Chemical Corp. in the search for unco.........
see more >>CNOOC Ltd, Chinas biggest offshore energy producer, started drilling at its first domestic shale-gas project, joining the search for unconventional natural gas. Exploration started on Dec 29.........
see more >>China Petroleum and Chemical Corp (Sinopec Corp) will shut down a 160,000 barrel per day (bpd) crude oil unit at its largest Zhenhai refinery from mid February for 45 days of maintenance, in.........
see more >>A joint venture between Royal Dutch Shell Plcs China units and Tianjin State Farms Agribusiness Group Co will build a 200,000 cubic metre oil products storage facility in the northern city o.........
see more >>China is to overtake the United States to become the worlds biggest oil importer within a year and a half, Goldman Sachs said on January 9. U.S. oil imports have slid by 40 percent over the .........
see more >>Indonesia expects to begin renegotiating the price of Tangguh LNG with Chinas CNOOC this month with the aim of raising the price from $3.50/MMBtu currently to $5-$6/MMBtu, a senior official .........
see more >>China Petroleum Chemical Corp., or Sinopec, has raised its ex-works prices in the eastern provinces for a second time this month, by Yuan 200($32)/mt to Yuan 21,500/mt, effective January 6, .........
see more >>Sinochem Group, Chinas biggest chemical company, has agreed to buy 10 per cent stake each in five deep water natural-gas and oil exploration blocks off the Brazilian coast, from Perenco SA. .........
see more >>