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 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...
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...
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...
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...
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...
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...
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...
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...
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...
As the top petroleum exhibition in China, cippe has been working closely with WPC...