The arbitrage window to move polypropylene cargoes from China to Southeast Asia has opened on paper, but no cargoes have been booked so far for the voyage, traders said Wednesday. Demand for PP is weak in China ahead of the long Lunar New Y...
Chinas petroleum resources are roughly comparable to the United States. There is no reason for the country to become increasingly reliant on imported crude and natural gas, provided it can successfully explore and develop its enormous natur...
The chief executive of the Hong Kong Monetary Authority Norman Chan said here late Monday growing trade relations between the Gulf Arab oil states and China triggered a surge in transactions in Renminbi, adding the process was still in its...
Crude prices gained moderately Tuesday after choppy trading. Crude prices rose in the day, boosting by the news that the Bank of Japan planned a new round of open-ended asset buying in an effort to stimulate the worlds third biggest economy...
Crude prices edged up on Friday as Chinas growth data came in supportive and the Algerian hostage crisis caused concerns about oil supplies. Crude prices rose as the gross domestic product of China grew 7. 8 percent in 2012, with its fourth...
If everything goes as planned, the China-Myanmar oil and natural gas pipelines, Chinas new strategic energy channels, are expected to be completed on May 30, according to the contractor. Construction has been sped up on the pipelines domest...
Unrest abroad causes firm to miss overseas output targets The overseas oil and natural gas output of the nations largest energy producer, China National Petroleum Corp, missed its 2012 targets because of unrest in various countries around t...
GE (NYSE: GE) announced China National Petroleum Corporation (CNPC) will install five of GEs ecomagination-qualified, Jenbacher cogeneration systems at a new data center that CNPC is building in the Beijing district of Changping. The new po...
Chinas crude processing rose to a record in December as the country added refining capacity and industrial production increased amid the first acceleration in the economy in two years. China processed 43.12 million metric tons of crude last...
Sunshine Oil Sands Ltd., which debuted last year on the Hong Kong Stock Exchange and has since pursued a secondary listing in Toronto, has agreed to share oil sands exploration technology with a division of Chinas CNOOC Ltd. Calgary-based S...
As the top petroleum exhibition in China, cippe has been working closely with WPC...