China plans to add 3.5 trillion cubic meters of proved conventional natural gas reserves during the 2011-15 period, the official news agency Xinhua reported Monday. The latest development plan, compiled by the National Development and Refor...

Provinces and special administrative regions in south China have agreed to hasten the development of the South China Sea, as the country is now targeting a stronger marine economy. Members of the Pan-Pearl River Delta (PPRD) region, which h...

BEIJING-- Chinas oil refineries saw rising outputs for a fourth consecutive month in October, as demand for the produce has been gradually recovering in recent months. Octobers refinery throughput climbed 6.7 percent year on year to 39.92 m...

Chinas Brightoil Petroleum, traditionally a bunker fuel trader, is looking to expand and diversify its business with the aim of becoming a top global petroleum trading house in one to two years. The company is planning to diversify into cru...

The Chinese governments move to tighten tax rules to prevent domestic blenders and teapot refiners from avoiding a Yuan 812/mt ($129.20/mt) consumption tax on their purchases of domestic or imported fuel oil is likely to raise costs and ero...

China National Offshore Oil Corp. (CNOOC) resubmitted its proposed takeover of Nexen to US regulators as part of the deals approval process, the oil producer said Thursday. The comment was made after Canadian energy company Nexen Inc. said...

CALGARY, Alberta - Canadas government said on Thursday that pending U.S. approvals for CNOOC Ltds $15.1 billion bid for Nexen Inc will not affect its own review of the transaction. A spokeswoman for Industry Minister Christian Paradis said...

Three Chinese big oil companies are accelerating the setting up liquefied natural gas stations all over China, thanks to energy conservation and emission reduction policies and the rapid development of the natural gas industry, Security Dai...

Chinese oil and gas giant CNOOC has withdrawn and resubmitted its C$15.1 billion (HK$117.8 billion) bid for Canadas Nexen to United States regulators for approval. CNOOC and Nexen withdrew and resubmitted a notice on the deal for review by...

Investors will now have a chance to invest in Chinas largest oil refinery, Sinopec which is rapidly growing to challenge industry mainstays, such as Royal Dutch Shell plc (NYSE:RDS.A) (NYSE:RDS.B) and Exxon Mobil Corporation (NYSE:XOM). IPO...