State-owned China National Offshore Oil Corp (CNOOC), leader of the countrys liquefied natural gas import business, plans another receiving terminal in the southeastern province of Fujian, a company official said on Tuesday. China, the worl...

Bourbon SA, an operator of supply and crew ships for the oil industry, sold a dozen vessels for $378 million to Chinas ICBC Financial Leasing to reduce debt. The deal brings ships sold to ICBC last year to 21 valued at about $522 million, P...

The export and import value of the petrochemical industry in China climbed 2.3% year on year to US$369.6 billion in the first eleven months of 2013, according to the latest statistics released by the National Development and Reform Commissi...

Investors in Gazprom seemed unconcerned about it missing another deadline to sign a massive deal for gas supplies to China by the end of 2013. In fact, Russias state gas company has been discussing the planned deal with Chinas CNPC for so m...

Gross output value for Malaysias petroleum and natural gas mining industry increased 0.2 percent to 109.4 billion Malaysian ringgit (34.19 billion U.S. dollars) in 2012, compared to 109.2 billion ringgit (39.13 billion U.S. dollars) in 2011...

SINOPEC Engineering (Group) Co., Ltd. announced that the Company and Zhong Tian He Chuang Energy Corporation Limited entered into an EPC contract for the development of a new coal chemical project (the Project) in Uxin Banner, Ordos, Inner...

Sino Gas Energy Holdings Ltd. has begun the first compressed natural gas (CNG) sales on its Linxing production sharing contract (PSC) in the Ordos Basin, Shanxi Province, China. In October, Linxing PSC partner China United Coalbed Methane (...

Profits of oil giant China Sinopec increased more than 10 billion yuan (1.6 billion U.S. dollars) in the first eleven months Huang Shuhe, vice chairman of the State-owned Assets Supervision and Administration Commission (SASAC), said the co...

Chinese company PetroChina is considering the possibility of investing in the construction of a modern oil refinery in Ukraine, Energy and Coal Industry Minister of Ukraine Eduard Stavytsky has said. We have drawn up and signed an engagemen...

Russias crude supplies to China transited across Kazakhstan in line with a respective Russian-Kazakh agreement will make up 7 million tons a year, with the figure possibly to be brought up to 10 million tons, 1prime.ru reports, citing Russi...