China pledged to increase participation by domestic non-state companies in its energy industry to accelerate oil exploration and electricity generation, which are dominated by state enterprises. Private companies will be encouraged and guid...

China has the potential to become the worlds largest shale gas producer by 2030, delegates at the World Gas Conference in Kuala Lumpur, Malaysia, said in survey results according to a June 6 poll conducted by GL Noble Denton. Survey results...

China will make joint efforts with relevant parties to achieve comprehensive, positive and pragmatic results at the upcoming United Nations Conference on Sustainable Development (Rio+20 summit), a Chinese diplomat said here Saturday. Sustai...

The Organization of the Petroleum Exporting Countries (OPEC) decided Thursday to keep the current output quota of 30 million barrels per day unchanged. After its 161st ordinary meeting, OPEC stated that this decision was made after the inte...

Turkmenistan and China have signed a deal making good on Turkmenistan President Gurbanbuly Berdimuhamedows earlier promise to increase his countrys natural gas shipments to China to 65 billion cubic meters per year (bcm/y). The new agreemen...

Hong Kongs market, investors gateway to mainland China, has shown real efforts recently to steady itself after a long slump. The iShares MSCI Hong Kong (EWH) exchange-traded fund shows a 4.3% year-to-date return. That puts it in a tie for f...

The worlds two largest economies followed opposite paths on energy last year as the U.S. boosted oil and gas production while Chinese consumption jumped, according to BPs Statistical Review of World Energy. Shale production made the U.S. th...

GPB Global Resources, an international group of companies and a subsidiary of Gazprom Bank of Russia, offered to finance the $1.5 billion pipeline project if the contract is awarded to the Russian energy giant - Gazprom, sources said. The t...

Dependence on energy imports is shifting from west to east as oil production grows in the Americas and oil demand soars in Asia, said Wang Dongjin, vice president of China National Petroleum Corp. Wednesday. The Americas will be self suffic...

Chinas oil demand is expected to pick up in the second half of 2012, supported by higher industrial output and government measures to boost the economy, the International Energy Agency said Wednesday in its monthly oil markets report. Howev...