Chinas National Development and Reform Commission will cut gasoline and diesel prices by 310 yuan a metric ton and CNY300/ton, effective Friday, China National Radio reported on its website Thursday. The price cut will be the eighth fuel pr...

This was the month that Chinas quest for a consistent energy supply from Canada (a quest that would put competitive pressure on Australian LNG) was supposed to be cemented by the Canadian government. Approval of Chinas state-owned CNOOC Ltd...

Huntsman Corp. (NYSE: HUN) is partnering with Sinopec Jinling Co., a subsidiary of the Chinese petrochemical company Sinopec, on a joint venture to build a $750 million chemical plant in Nanjing, China. Huntsman, a chemicals manufacturer wi...

Refineries owned by Chinas two oil giants, PetroChina Co Ltd and Sinopec Corp, plan to process some 31 million metric tons of crude oil in November, according to ICIS C1 Energy, a Shanghai-based energy information consultancy. In November,...

Royal Dutch Shell Plc (RDSA)s joint venture shale gas developments in China may contain resources on a par with similar developments in the U.S. The geology is akin to what we have experienced in the U.S., Matthias Bichsel, the companys glo...

Chinese oil giant Sinopecs boss Fu Chengyu has been awarded the title of the Petroleum Executive of the Year in London on Monday evening by the world leading energy research group Energy Intelligence (EI). Fu, chairman of the Beijing-based...

Jiangsu Huachang Chemical Co Ltd, a China-based manufacturer of basic chemicals and related products, has announced it plans to issue RMB 250 million in short-term bills with a maturity of 365 days in the interbank market on Nov 19. The com...

China will likely cut gasoline and diesel retail prices next week, as crude oil prices have dropped close to the price adjustment threshold, analysts said Saturday. The price cuts could be between 300 yuan (47.62 U.S. dollars) and 350 yuan...

The International Monetary Fund (IMF) said Sunday the economic growth in the Middle East and North Africa (MENA) will outperform the global growth in 2012, but will witness a gap between Arab oil exporters and importers. Speaking at the reg...

China National Chemical Corporation has been granted approval for a quota of 10 million tons of crude oil imports, mainly to supply its oil and gas companies, National Business Daily reported on Wednesday. It is the first time ChemChina, wh...