China Petrochemical Corp or Sinopec Group, will have a 40% stake in a consortium to undertake the development of a marginal oilfield in Malaysia, according to China Knowledge report. Sabio Oil and Gas Sdn Bhd, a unit of Sabio Technology Bhd...

An industry source said that PetroChina will further delay the startup of a planned maintenance of its 200,000 barrel-per-day Dushanzi refinery by two to three weeks to late August. PetroChina had initially planned to shut down the largest...

One of Chinas giants, CNOOC has re-started production from the four BoZhong 28-2 South oilfields in Bohai Bay. Operations had been suspended since April when rough sea conditions caused a malfunction on the single point mooring system of th...