Oil dropped to near $85 a barrel Tuesday after weak Chinese trade figures suggested the economic slowdown in the worlds second-largest crude consumer is deepening. China said Tuesday that June imports increased 6.3 percent, which was less t...
Robert Bearden, chief executive of Australian CBM developer Sino Gas Energy Holdings, speaks to Li Xin about the companys development strategy and the strong growth potential of Chinas CBM market. Interfax: Have you found any differences be...
As Washington swelters and wildfires rage across the U.S. West, strategic planners and global investors are focused on a thin band of blue water thousands of miles to the east: The Strait of Hormuz - strategic choke point through which 35 p...
Fortune Oil confirms that Fortune Max Holdings Limited has purchased 17.984.000 additional shares in China Gas Holdings Ltd since the announcement made on 1 June 2012. Fortune Max is a private company controlled and beneficially owned by Mr...
Top Chinese refineries will cut crude oil processing runs in July, following gains in the previous two months, as sluggish demand, poor refining margins and high fuel stocks hurt operations, a Reuters poll showed. The 12 plants, which make...
On June 28, CCCC Second Harbour Engineering Co., Ltd. won the bid for the hydraulic terminal works of CNOOC Yuedong LNG project, with a contract value of 394 million yuan and a construction period of 14 months. Located in Huilai County, Jie...
PetroChina Co. Ltd. has hiked trucked liquefied natural gas (LNG) prices at its Rudong import terminal under pressure from the surging cost of imported LNG from Qatar, an energy consultancy told Interfax on Thursday. PetroChina raised price...
OAO Rosneft, Russias state-run oil producer, bought back about 3 percent of its shares from investors who opposed changes to an oil supply deal with China. Rosneft purchased 322 million shares, according to a regulatory filing from the Mosc...
Israeli Minister of Transport Road Safety Israel Katz gave his vote of confidence to Chinese transportation construction companies Wednesday, after signing a strategic memorandum of understanding (MOU) with his Chinese counterpart in the ca...
To cope with peak summer electricity use, China launches its first spot market for natural gas on the Shanghai Petroleum Exchange on Monday, reported Xinhua News Agency. On Monday the transaction volume reached 39.6 million tons. China has...
As the top petroleum exhibition in China, cippe has been working closely with WPC...