Todays European trading session saw West Texas Intermediate and Brent both claw their way up from last sessions losses on the bearish US supplies report, with firm support coming from Ukraine. Meanwhile, natural gas kept earlier gains on re...

The disintegration of South Sudan, the worlds newest country, is driving a foreign-policy shift in one of the worlds oldest. The maelstrom of violence in South Sudan shows no signs of abating, with rebel forces reportedly advancing on a pai...

Gasoline and kerosene stockpiles in China, the worlds second-largest oil consumer, rose to the highest levels in at least four years even as exports of the fuels surged last month. Gasoline inventories increased by 1.8 percent in March from...

In the first quarter, the Company achieved a total net production of 108.1 million barrels of oil equivalent (BOE), representing 15.5% increase year over year (YoY). The Company made five new discoveries and eight successful appraisal wells...

PetroChina, Asias largest oil and gas producer, said on Monday it plans to produce 2.6 billion cubic meters of shale gas in 2015 to feed to growing energy demands of the worlds second largest economy. Sun Longde, the companys vice president...

PetroChinas planned Shenzhen LNG terminal project is facing obstacles as environmentalists believe the project will severely damage the ocean environment in the region, reports SinoShip News. SinoShip News says in an online poll organized b...

The power environment in China is ripe for a bright combined heat and power (CHP) market, which will open doors for foreign gas turbine manufacturers and private investors, writes Dr. Suqing Wang. Despite Chinas relative slowdown in economi...

Neighboring regions are one of the major contributors to the Chinese capitals PM 2.5 pollution - particulate matter with a diameter less than 2.5 micrograms that can go deep into the lungs and is extremely harmful to health - according to r...

The race to produce electricity using Ugandas crude oil and gas is on. At least two companies have applied to the Electricity Regulatory Authority for licences to put up power plants near the oil fields in the Albertine graben, in what is l...

China takes interest in alternative energy projects in Crimea, Russias Deputy Prime Minister Arkady Dvorkovich said. We also agreed (during talks in China) that we will look into new projects, including in our new regions. Chinese colleague...