Brent crude rose above $108 a barrel on Friday on a brighter outlook for Chinas economy, the worlds second largest oil consumer, but concern about the impact of a possible US fiscal crisis capped price gains. Growth in Chinas vast manufactu...

CNOOC Ltd. has committed to spend an additional $5-billion to $8-billion on oil and gas development in North America as part of its deal with Ottawa to acquire Calgary-based Nexen Inc., but the promise is elastic in terms of the time frame...

China Petrochemical Corps international unit is weighing Canadas new foreign-takeover rules and believes there are still opportunities to invest in the nations oil sands. We can still work by the joint-venture model or some other kind, Hou...

In last weeks Energy Trends Insider (ETI) I analyzed why The Road to Chinese Shale Gas Goes Through the U.S. In addition to my article, Andrew Holland explained how the DOE Report on Economics of Natural Gas Exports Will Lead to LNG Export...

Ashgabat has made a decision to open Turkmen trade representative offices in the Russian Federation and the Peoples Republic of China, an official Turkmen source said today. The representative office will work under the Turkmen Embassies in...

Aker Solutions has confirmed to join in the 13th China International Petroleum Petrochemical Technology and Equipment Exhibition (cippe2013) to exhibit various submarine exploration and mining equipments and technologies, according to the o...

China Oilfield Services Limited (COSL) choose Havyard 832 design for renewal supply vessel fleet, order Havyard designs for 4 new vessels. COSL has the largest fleet of oil rigs and offshore vessels in China. They also own 34 drill rigs, 2...

Chinese state-owned PetroChina has signed a production sharing contract for the Malang shale oil block in Chinas western Xinjiang province with US oil company Hess, two sources at the Chinese company said Tuesday. The National Development a...

Zhanjiang, a port city in South Chinas Guangdong province, will build iron ore logistic center together with Vale in order to push steel and petrochemical projects in Zhanjiang. Currently two parties have signed strategic cooperation memo,...

Chinese local arm of the National Development and Reform Commission said in a notice last week that China Petrochemical Corp. (Sinopec Group) will boost natural gas supplies to Zhejiang Province by 20 percent next year. Analysts said that t...