China Petrochemical Corp.s $1.02 billion deal with Chesapeake Energy Corp. (CHK) gives the second- largest Chinese energy producer a stake in a shale oilfield for less than one-third of its estimated value. Sinopec, as the Beijing-based exp...

Rolls-Royce, the global power systems company, has been awarded a US$40 million contract to supply equipment and related services to power the flow of natural gas through the Uzbekistan section of the Turkmenistan-China natural gas pipeline...

Brent oil fell below $114 a barrel on Monday, reversing some of the gains made in the previous session on worries about Chinas demand growth as manufacturing activity in the worlds second biggest oil consumer pulled back from two-year highs...

The oil would be delivered to a planned refinery at Tianjin, Mr. Dvorkovich said, after a meeting of the Russian-Chinese energy commission in Beijing, Interfax and Prime news agencies reported. He said contracts would be signed in the comin...

BEIJING -- China National Offshore Oil Corporation, the countrys largest offshore oil producer, announced Thursday it will increase its shares in China CBM to 70 percent. CNOOC will buy 20 percent of China CBMs shares from the China Nationa...

Since late last year, many of the countrys largest cities have often been blanketed by nasty smog. The poor air quality has spurred debate over the most effective ways to cut pollution. One of the bigger questions is how to better control e...

Chinas crude oil stockpile edged down by the end of January, according to an index of the nations petroleum stockpile released Thursday by the Xinhua News Agency. The crude oil stockpile, excluding the reserve stockpile, was down 1 percent...

If a country spends $92 billion in three years to get its hands on energy resources outside its borders, then what is a good return on that investment? That is how much Chinas massive oil companies have invested in the United States, Canada...

Chinese energy firm Addax said Wednesday it was seeking further growth in Nigeria after the recent purchase of a significant offshore stake from Frances Total in Africas largest oil producer. Chinese firms have so far had limited impact in...

The yuan closed up yesterday after the Peoples Bank of China (PBOC) set its daily midpoint slightly higher to reflect a fall in the dollar in global markets, and as oil companies bought dollars for their overseas business, traders said. Sti...