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  • Cnooc-Nexen Deal Could Spur Future China Energy M&A Elsewhere 日期:2012-12-12 09:49:49 点击:163 好评:0

    Chinese energy companies may find it tougher to invest in Canada after Cnooc Ltd.s (CEO) $15.1 billion takeover of Nexen Inc. (NXY) compelled Canadian Prime Minister Stephen Harper to say future deals would only be approved under exceptiona...

  • China Tells Vietnam to Stop Oil, Gas Exploration in South China Sea 日期:2012-12-11 10:47:03 点击:150 好评:0

    China has urged Vietnam to desist from what it called unilateral oil and gas exploration in the two countries overlapping waters in the South China Sea, state media reported. Reacting to Vietnamese accusations that China was putting hurdles...

  • Strange Bidders in Chinese Shale Auction 日期:2012-12-11 10:45:42 点击:169 好评:0

    As Chinas second shale-block auction proceeded, the leading bidders didnt reflect Chinese natural gas and oil companies at all. However, Chinas three largest energy companiesmainly China National Petroleum Corp.own almost all of the nations...

  • China Becoming Dependent on Foreign Oil 日期:2012-12-11 10:44:27 点击:127 好评:0

    One of the encouraging domestic developments of the past decade has been the United States reduced reliance on foreign oil. Increased production coupled with reduced consumption has cut net imports from 12.55 million barrels per day in 2005...

  • Shanghai Natural Gas Demand to Spike 50% on Year in Winter 日期:2012-12-10 09:37:21 点击:160 好评:0

    Winter demand for natural gas in Shanghai is expected to rise by 50% year on year to nearly 30 million cubic meters/day (1.06 Bcf/day), Chinese state company PetroChina said Thursday. The company said the increase is due to rising gas deman...

  • Global Natural Gas Demand to Double by 2050: Shell 日期:2012-12-10 09:36:11 点击:192 好评:0

    Royal Dutch Shell Plc, the international energy giant, has estimated global natural gas demand will double by 2050 compared with the 2010 level, and that Chinas consumption will soar especially, bringing the company major opportunities. Spe...

  • China, Russia Discuss Terms for Joint Refinery, Petchem Plant in Tianjin 日期:2012-12-07 09:48:11 点击:182 好评:0

    Rosneft President Igor Sechin Tuesday met Chinese Vice Premier Wang Qishan to discuss the terms of an intergovernmental agreement to build and operate a refining and petrochemical complex in Chinas Tianjin, the state-owned Russian oil compa...

  • Chinese Oil Companies May Fall Out of Favor in Second Shale Gas Auction 日期:2012-12-07 09:46:49 点击:213 好评:0

    The results of Chinas second shale gas auction will be released soon. Given the lower entry threshold, whether or not Chinas oil giants can win the bids has become a focus of the market. An official with Chinas Ministry of Land and Resource...

  • Tragedy Sparks LPG Safety Concerns 日期:2012-12-06 09:43:03 点击:105 好评:0

    The death of 14 people in an explosion caused by a gas leak in a hotpot restaurant in Shouyang county, Shanxi province, on Nov 23 has shocked the nation. The tragedy, which also left 47 people injured, has sent shivers down the spine of eve...

  • ANALYSIS: New China Tax on MTBE, Aromatics to Raise Blended Gasoline Costs 日期:2012-12-06 09:27:50 点击:195 好评:0

    The Chinese governments latest move to combat tax evasion by imposing a consumption tax on MTBE and aromatics is likely to raise gasoline blending costs and make imports of finished gasoline relatively more cost-effective, industry sources...

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