The state-owned Chinese oil and gas giant Sinopec is eyeing more acquisitions in the North Sea. Yi Zhang, chief executive of Sinopecs Addax subsidiary, said: There are several targets at the evaluation stage. I believe that this year someth...

China will see its energy demand peak between 2030 and 2035 on the back of expanding industrialization and urbanization, Zhong Ziran, chief engineer of the Ministry of Land and Resources, forecast on Saturday. The countrys energy consumptio...

The production value of Taiwans petrochemical sector for the first quarter of this year fell about 8 percent from a year earlier as a result of falling product prices on weaker global demand, according to a government report released yester...

Iranian Oil Minister Rostam Qasemi said investment in Irans petrochemical industry is profitable, Tehran Times daily reported on Tuesday. There are profitable investment opportunities in Iran, but the petrochemical sector is certainly the m...

Allen Overy is advising SINOPEC Engineering (Group) Co Ltd (SINOPEC Engineering) on its (approximately) $2bn initial public offering (IPO) and listing on the Hong Kong Stock Exchange, Hong Kongs largest IPO so far in 2012. SINOPEC Engineeri...

At 9 am on Friday, Kunmings Mayor Li Wenrong opened his new micro blog to solicit suggestions on the latest developments in Yunnans provincial capital. The blog is being seen as a major a step forward in strengthening his communication with...

State Grid Corporation of China made a successful debut in the offshore bond market as it priced on May 15 a multi-tranche offering totaling US$2 billion, demonstrating its status as a leading state-owned enterprise (SOE) in the mainland. T...

WestSide Corp. , an Australian company with coal seam gas prospects in Queensland state, said Tuesday that PetroChina Co. has withdrawn a 185.1 million Australian dollar (US$184.7 million) takeover offer for the company. PetroChina made the...

Two pipelines in the highlands of northeast Myanmar will soon begin pumping oil and gas into China, representing a major step in Beijings quest for energy security. At the end of a bumpy road here, a 45-minute ride from the nearest town, Ch...

Kongsberg Oil Gas Technologies (KOGT) has signed a software contract with Chinese National Offshore Oil Company (CNOOC) to deliver the SiteCom real-time drilling information solution to six regional centers. The contract with CNOOC is a res...