China National Petroleum Corp (CNPC), the countrys biggest oil producer, is in talks with Ecuadors government over a potential investment in the OPEC-members $12.5 billion Pacifico refinery project, an Ecuadorean minister said on Thursday....

PETROCHINA is doubling down on Queenslands gas export potential. With the timing of its multibillion-dollar joint venture with Royal Dutch Shell slipping, Chinas biggest listed oil company is pushing ahead with a smaller adjacent project th...

With the timing of its multibillion dollar joint venture with Royal Dutch Shell slipping, Chinas biggest listed oil company is pushing ahead with a smaller adjacent project that has the added bonus of testing its ability to build a liquefie...

Dr Asim Hussain, Advisor to the Prime Minister on Petroleum and Natural Resources, has welcomed the interest shown by Chinese companies working in the oil and gas sector in Pakistan. During a meeting with Li Zaisheng, Vice President of Sino...

The recent announcement by the petroleum minister Dr Asim Hussain of replacing compressed natural gas (CNG) with liquefied petroleum gas (LPG) has been termed a short-lived decision by the economic pundits, as according to them, an entire s...

China may raise gasoline and diesel prices in August for the first time since March after crude costs rose, a commodity researcher said. Prices may be increased by 350 yuan ($55) a metric ton on Aug 10, C1 Energy said on its website on Tues...

Thanks to Barack Obama and Democrats the Canadian government is finalizing a $15.1 billion oil deal with China. The Keystone Pipeline project was expected to create tens of thousands of high paying jobs in the oil industry. The project itse...

Did a Canadian business deal just derail hopes that the United States could become energy self-sufficient? Last week, Chinas state-run oil conglomerate China National Offshore Oil Corporation (CNOOC) has put in a bid to buy Canadian firm Ne...

Few people are aware that Iran is currently subjected to not one, but three sets of sanctions imposed by U.S., the United Nations and the European Union, the latter two over concerns about Irans civilian nuclear energy program, which both W...

On Monday two big companies you may not have heard of sealed a deal. Cnooc, one of Chinas largest oil companies, plans to buy Nexen of Canada. The deal may not have hit most peoples radar, but it is hugely significant. Cnooc, whose biggest...