Chinese oil firms will trim crude oil throughput at major refineries to a 35-month low in April after a large cut in March, a Reuters poll showed, as maintenance remains heavy amid ongoing refining losses despite a fuel price hike last mont...
Oil prices fell Friday and headed for a weekly loss after data showed that first-quarter economic growth in China, the worlds No. 2 oil consumer, was the weakest in nearly three years, reinforcing concerns about slowing demand for petroleum...
China has put the countrys first oil spill response vessels (OSRV) into use, a move to strengthen emergency response capabilities in case of oil spill accidents The vessel named Haite 191 was put into operation Thursday off southern Chinas...
Chinas domestic demand for photovoltaic solar power is expected to nudge 5GW by the end of 2012, jumping over Germany and Italy to become the worlds number one. PV market, according to the latest projections by Solarbuzz, a market research...
CNPC and China Guodian Corporation signed last week a strategic cooperation agreement in Beijing. Under the agreement, the two sides will jointly promote the development of natural gas power generation by leveraging CNPCs strengths in natur...
Sinovel Wind Group has reported 72.8 per cent drop in its 2011 net profit, seeing revenues of RMB10.44bn ($1.6bn) down by 48.6 per cent, China Business News has reported. According to Capitalvue.com, the company blames its disappointing per...
March trade data showed Chinas import growth fell below expectations, indicating tepid Q1-12 demand. Concerns about a potential slowdown in the economy worlds No. 2 crude consumer China, have compounded worries about global demand. As a res...
Shengli Oil Field, the largest oil field under Sinopec, Asias largest oil refiner, produced 6.83 million metric tons of crude oil in the first quarter of this year, 1.4% more than in the same period of last year. The oilfields daily crude o...
Chinas Sinopec Shanghai Petrochemicals has not bought any Iranian crude this year, due to shipping issues and political sensitivities surrounding Iranian imports, a company executive said. The company processed about 10.87 million tonnes of...
Honeywell International Inc. (HON) is tapping into a shale-drilling boom by selling customers such as Dow Chemical Co. (DOW) a technology to convert propane found alongside natural gas into a raw material for plastics. Propylene, used in pr...
As the top petroleum exhibition in China, cippe has been working closely with WPC...