Polands Deputy Prime Minister Waldemar Pawlak met with Chinas Minister of Industry and Information Technology, Miao Wei, in Beijing last week. The ministers met to discuss the potential cooperation between both countries in the gas and ener...

In tropical waters off the coast of the Philippines, a standoff between half a dozen Chinese fishing boats, two Chinese law enforcement vessels and an aging Philippine Navy ship recently attracted a lot of attention in Washington, Beijing a...

Chinese firm Ningxia Hanas New Energy plans to start commercial supply of liquefied natural gas (LNG) on 1 June from its 2,011 tonne/day plant at Yinchuan in Ningxia, a company source said on Wednesday. The company has been conducting trial...

PetroChina Co. (857) may take five years to figure out ways to unlock the worlds largest natural-gas reserves trapped in shale rock, meaning China must keep buying overseas energy assets to fuel the second-biggest economy. We still have a l...

Chinas Ministry of Finance will impose a duty on all oil shipments entering Chinese waters beginning from July this year, said the China Daily on Tuesday, with the proceeds set to go into a new marine pollution compensation fund to be utili...

China and Russia could adopt a new approach in negotiations over cross-border natural gas sales, Xinhua reported late Tuesday quoting Chinese Vice Minister for Foreign Affairs Cheng Guoping. At a press briefing held together with Russian am...

The Shanghai Futures Exchange aims to launch the nations first crude futures by the end of the year, said Wang Lihua, chairwoman of the exchange. The exchange will allow foreign investors to trade the contracts, as part of the nations move...

China Petroleum Chemical Corp. (0386.HK), or Sinopec, said Tuesday it has formed a joint venture with Mitsui Chemicals Inc. (4183.TO) for the development of a petrochemical project in China. Shanghai Sinopec Mitsui Elastomers Co., a 50:50 j...

Chinas Ministry of Finance (MOF) said Monday that the country will start amassing a compensation fund to be used in cases of marine oil pollution from July this year. According to a regulation jointly issued by the MOF and the Ministry of T...

China plans to launch global crude oil futures within the year and allow global players to join in the trade, a top official said yesterday, as the worlds second largest oil consumer aims to increase its influence over global pricing. The l...