The expansion blueprints of Chinese oil companies overseas are currently facing unprecedented challenges, which means that the State-owned enterprise giants should prepare for the unexpected, according to a former executive of China Nationa...

Beijing Chinas top two state oil firms have agreed to lift a total of about 140,000 barrels per day (bpd) of crude oil from Libya, an Opec member, under term deals for 2012, set to raise Chinas crude purchases from the Libya after supply di...

PetroChina will not buy extra Russian crude oil via the Russia-China pipeline, the company chief said Monday, after the two sides recently resolved a price dispute. Jiang Jiemin, chairman of PetroChina, also said China and Russia still diff...

A Chinese state-owned oil and gas company is among several firms showing interest in investing in Cyprus offshore natural gas field, the islands interior minister said Sunday. Neoklis Sylikiotis didnt elaborate on what kind of investment CN...

China has just announced the latest estimate of the countrys shale gas reserves. Its as we would expect, a very large number and the largest reserves claimed by any country so far: The resources ministry said on Thursday that preliminary su...

China North East Petroleum Holdings Limited (the Company) (NYSE Amex: NEP), announced that during the day of March 1, 2012, the Company discovered that the Securities Exchange Commission (SEC) issued an Order of Suspension of Trading of the...

China became embroiled in a fresh South China Sea dispute, rejecting allegations from Vietnam on Thursday that Chinese forces assaulted and tried to rob Vietnamese fishermen while blocking them from seeking refuge during a storm. The angry...

China will push forward with building phase-two strategic oil reserve sites, Liu Tienan, head of the China National Energy Administration told reporters on Monday. Liu didnt give further details when asked about progress on the reserve base...

Japan and China may face a serious conflict in the East China Sea. A Chinese ship came close to a Japanese research vessel in a disputable zone and demanded to stop studying the sea bottom in the Chinese territorial waters. Japan responded...

The White House has argued that there is little it can do to halt the trend with external factors like growth in China, India, and other emerging economies pushing up the prices. WASHINGTON- Amid a national spike in gas prices, the White Ho...