China is expanding its energy footprint in Latin America in a two-pronged strategy to secure its economys fuel needs and create a niche for future trade in the southern region. Chinas latest foray into equity investment is a 10 percent shar...

The president of gas-rich Turkmenistan on Tuesday promised to raise salaries and pensions and to transform the former Soviet republic from an agrarian nation into an industrial one, heralding what he called The Happiness and Might Epoch. Pr...

Exoma Energy (ASX: EXE) and CNOOC have completed the Silverfox-1 exploration well in the Galilee Basin, the twelfth and final well in the 2012 drilling program to assess the hydrocarbon potential of their permits. Shale samples from Silverf...

The Canadian governments announcement Friday, rejecting a C$5.2 billion takeover bid of Canadian oil and gas company Progress Energy Resources from Malaysias state-owned Petronas, may have ramifications for other MA deals, analysts said. Th...

Chinas Rongsheng Offshore Marine a fully owned subsidiary of China Rongsheng Heavy Industries Group has secured an engineering, procurement, construction (EPC) contract for a drilling-assisted deepwater tender barge, a company spokesperson...

Chinas effort to shut down dozens of small, privately owned oil refineries is instead making them grow bigger, threatening Beijings plans to regulate an industry that the International Energy Agency says is already overheating. Government p...

China Petroleum and Chemical (NYSE: SNP) was upgraded by Zacks from an underperform rating to a neutral rating in a report issued on Friday. The firm currently has a $111.00 target price on the stock. Zacks analyst wrote, We are upgrading o...

Palm oil advanced for a second day to the highest level in almost one week after China, the worlds largest consumer of cooking oils, showed signs of recovery as industrial production and retail sales accelerated in September. The contract f...

China National Offshore Oil Corp Ltd, Chinas largest offshore oil producer, said Thursday that production has started at two of the companys newest oil fields in the South China Sea. One of the fields now has four wells in operation with a...

East Chinas Jiangsu Province had installed wind power capacity of 1.87 gigawatts (GW) by the end of September, according to statistics released by local electric grid monopoly Jiangsu Electric Power Corp. on Wednesday. Provincial wind power...