The upcoming completion of the China-Myanmar oil and gas pipelines will significantly reduce the cost of Chinas energy imports and overcome the countrys dependence on the Strait of Malacca, experts said. Chinas energy security will be furth...
Sinochem Group, a State-owned conglomerate involved in energy, agriculture, chemicals, real estate and financial services, has purchased a 40 percent stake in a US shale gas block. Sinochem Petroleum USA LLC, a subsidiary of Sinochem, on Fr...
The two workers injured in the oil tank blast at a refinery in Dalian on Sunday have died, sources from the Dalian Administration of Work Safety said on Monday afternoon. Four workers from a local construction engineering company were repla...
The final and holiday-shortened trade week in May brought about a great amount of volatility in US oil markets, which whipsawed in futures and spot trading on a multitude of concerns ranging from assessments of U.S. and global economies, Fe...
Oil prices fell in Asian trade Tuesday as data showing weak manufacturing activity in China suggested growth in the worlds second largest economy was slowing. New Yorks main contract, light sweet crude for delivery in July dropped 34 cents...
Chinas national oil company said its finished building six new oil storage tanks on a tiny island off the coast of Myanmar. More work is planned there in terms of pipeline infrastructure as China tries to get around busy shipping lanes. Inv...
Chinese energy giant China National Offshore Oil Corporation has committed significant funding to accelerate work on a multi-billion dollar joint venture project with Altona Energy in the states north - first announced in 2009. The financia...
The Trans-Myanmar natural gas pipeline has been completed and is ready for trial operations, state-owned China National Petroleum Corporation (CNPC) said on its website on Friday, adding that a parallel oil pipeline is 94 percent complete,...
Top state energy group China National Petroleum Company has completed six oil storage tanks on an island off western Burma from which two pipelines will carry fuel to China, and will soon finish six more, an industry official said on Tuesda...
PetroChina International said on Monday that access to 14 of its oil and gas wells in Sumatra island, Indonesia, had been blocked by a local government hoping to secure energy supply. Domestic disputes over how Southeast Asias largest econo...
As the top petroleum exhibition in China, cippe has been working closely with WPC...