GCC petrochemical companies are among the lowest cost manufacturers in the world owing to cheap feedstock and energy costs. Given their strategic location and development as a major transportation hub, GCC petrochemical producers enjoy a hu...

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...

Chinas Zhejiang Hengyi Group is planning to build an 8m tonne/year refinery complex at Pulau Muara Besar in Brunei Darussalam that will include the countrys first aromatics production facilities, the chemical-fibre maker said on Tuesday. Un...

State-owned China Petroleum and Chemical Corporation (Sinopec Corp) is considering halting fuel sales to private gas stations in some parts of the country, representatives from the company told the National Business Daily on Friday. By cutt...

Chinese company PetroChina Daqing Tamsag leads in Mongolia with its oil exploration and exploitation. Its capacity increased in 2011 and on June 24 2011, agreed with Oil Authority of Mongolia to expand its Toson Uul XIX exploitation field....

Chinas Tianhe Gas will likely start its 300,000 cubic metre/day (cbm/day) liquefied natural gas (LNG) plant at Cangzhou in north Chinas Hebei province in the second half of April. Gas will be mainly supplied by PetroChinas North China Oilfi...

China may find itself facing tight coal, power, oil or gas supplies in some regions or at some time, even though current energy markets are basically in balance, head of the National Energy Administration said in a government meeting on Fri...

Shanghai Shenhua Holdings Co Ltd600653 has said that it plans to issue RMB 300 million worth of 365-day unsecured bills on the interbank market on Apr. 11. Coupon rate will be determined in the process of book-building and the bills will be...

China Petrochemical Corporation (Sinopec Group) announced Wednesday that the corporations joint venture with Saudi Basic Industry Corporation (SABIC), Sinopec SABIC Tianjin Petrochemical Company Limited, celebrated the foundation laying of...

China National Petroleum Corp is negotiating with Royal Dutch Shell Plc and another foreign firm to jointly explore shale oil in the Santanghu Basin of Xinjiang Uygur autonomous region, the latest move after the two oil majors inked the cou...