Oil exploration workers at China National Petroleum Corporations (CNPC) Agadem field in Niger ended an eight day strike on Saturday after negotiating a 15 percent pay rise, the union said. The strike at the 20,000 barrel-per-day Agadem fiel...

The worlds largest market for natural gas imports is East Asia, dominated by the economies of China, Japan and South Korea, all largely bereft of indigenous resources. The trios importance to energy-exporting economies, battered by the glob...

Petroleo Brasileiro SA (PETR4), the worlds most indebted publicly traded oil company, is in talks with China Petroleum Chemical Corp. (600028) to build a refinery in Brazil to meet growing domestic demand, Brazils energy minister said. The...

Beijing will raise the taxi fuel surcharge following an oil price hike, the citys development and reform authorities said Thursday. As of March 1, the fuel surcharge added to taxi fares will increase from two yuan ($0.32) to three yuan per...

Russia and China, two of the worlds biggest powers are planning to sign a gas supply deal, Russian state gas firm Gazprom said yesterday. The two countries have been grappling over a deal for the past six years. Gazprom and CNPC agreed to s...

Monitors global financial trends on Monday. This was due in part to the eurozones thirst for investment and a difference in security concerns between the US and the EU, analysts said. Chinese investment in the EU hit more than US$10 billion...

As China gears up to shift from coal to clean energy, the liquefied natural gas (LNG) industry in Canada Monday said that Chinas demand for Canadas LNG is likely to increase over the next several years. Speaking to the reporters, Steve Swaf...

Back in Urumqi in Chinas Xinjiang Autonomous Region. In the iconography of the modern world it is probably the mega-cities of Shanghai, Chongqing, Guangzhou and Beijing with resplendently lit enormous office towers or monumental buildings,...

On February 18, the Pakistani government transferred operational control of its strategically-located deep-sea port at Gwadar, Balochistan province to China. India, a rival of Pakistan and of China, has expressed concerns over the dealhighl...

Every time Chinas top economic planner decides to raise fuel prices, it is sure to be bombarded with complaints. This time, such grumbles only grew louder. The National Development and Reform Commission (NDRC) announced this years first inc...