Wuhan Iron and Steel (Group) Corp set up a gas joint venture on Tuesday with China Resources (Holdings) Co Ltd, the 21st Century Business Herald reported, citing an unnamed source at the steel group. In addition to the gas business, Wuhan I...
Despite record low temperatures in China, the countrys gas companies say they expect to be able to cope with increased winter gas demand in the coming weeks. Sinopec said Tuesday on its website that it had been implementing several measures...
China remained the worlds largest energy producer for a fifth year in 2012, Chinas energy authority said Wednesday. The National Energy Administration (NEA) said in a statement on its website that the countrys total installed power generati...
Crude prices fell on Wednesday as U.S. crude inventories increased last week. The Energy Information Administration reported U.S. crude stocks added 1.3 million barrels in the week ending Jan. 4 as demand for oil continued to be weak in the...
Sinopec Engineering (Group) Co., an engineering unit of state-owned China Petrochemical Corp., has submitted a listing application to Hong Kongs stock exchange for a US$1.5 billion initial public offering, two people with direct knowledge o...
Output in Chinas northern Bohai Bay, its largest offshore oil and gas production base, has been affected by icy conditions, China National Offshore Oil Corp (CNOOC) said. Temperatures in the country have plunged to their lowest in almost th...
China has delayed the introduction of a consumption tax on a range of products including MTBE, which had been sent for January 1, Asian MTBE traders said Friday. While the length of the delay was not clear due to a shortened work week in Ch...
Unconventional gas is becoming increasingly popular across the Asia-Pacific, as demand for natural gas grows throughout the regions major industrialised nations, states a new report from business intelligence experts GlobalData. The new rep...
China National Petroleum Corp. (CNPC) announced two major overseas acquisitions in mid-December as the oil giant continued its accelerated pace of global expansion. State-run CNPC said Dec. 12 it would buy a 10.2% stake in the Browse liquef...
Mergers and acquisitions (MAs) by Chinese enterprises surged 37 percent year on year in 2012 in terms of their disclosed transaction value, according a report issued by a research and consulting institute. The total value of disclosed MA tr...
As the top petroleum exhibition in China, cippe has been working closely with WPC...