As Ottawa scrutinizes two oil patch takeover proposals by foreign state-owned entities, privately owned Chinese companies are increasingly on the prowl in Alberta. Chinese national energy companies such as PetroChina Co. Ltd. and China Petr...
Chinas apparent oil demand rose 6.6% year over year in October to 41.28 million metric tons (mt), or an average 9.76 million barrels per day (b/d), the third highest on record, according to a Platts analysis of recent Chinese government dat...
The entry into Chinas tightly controlled crude import market by small refinery operator ChemChina marks a modest reform, but there is little sign that Beijing is ready to open the door wider to competition for the worlds second-largest oil...
French oil firm Total has announced the sale of its 20% stake in a Nigerian offshore oilfield to China Petroleum Chemical Corp. (Sinopec), subject to approval by the Nigerian authorities. The $2.5 billion cash deal for OML 138 block include...
The air was charged with excitement as hundreds of people crowded into a central Beijing hotel conference room on the morning of Oct. 25, with lucrative Chinese shale gas mining rights at stake. Industries from gas and electricity to real e...
China produced 8.8 billion cubic meters of natural gas in October, up 7.3 percent year-on-year, latest data on Sunday showed. According to the National Development and Reform Commission, the countrys top economic planner, apparent consumpti...
Chinas commercial oil inventories fell last month by the most since February as the nations refineries raised processed volumes to a record. The stockpiles, which exclude state reserves, dropped 3.5 percent at the end of October from a mont...
China is using the most supertankers in five months to meet record demand for oil imports, diminishing a glut of shipping capacity and returning John Fredriksens Frontline 2012 Ltd. to profit. The number of carriers bound for Chinese ports...
Authorities in China are considering giving domestic oil companies more freedom when it comes to pricing their products for the market. Currently, prices for refined oil products in the country are tied to a basket of crude oils which inclu...
HONG KONG Chinese manufacturing activity is on track to expand in November for the first time in more than a year, according to preliminary results of a key business survey released Thursday, adding to evidence pointing to a growth pick up...
As the top petroleum exhibition in China, cippe has been working closely with WPC...