Fortune Oil Plc (FTO.L: News ) confirmed that it has purchased, on behalf of its Joint Venture with LIU Minghui, 33.91 million additional shares in China Gas Holdings Ltd or CGH, taking the overall Joint Venture holding in CGH to 385.03 mil...

China Gas Holdings Ltd said on Friday nearly a fifth of its about 20,000 employees oppose a $2.2 billion unsolicited takeover offer from rival ENN Energy and state giant Sinopec Corp . China Gas Holdings, a piped gas distributor, said its b...

Refined oil products storage operated by China National Petroleum Corp (CNPC) surpassed 16 million cubic metres at the end of last year and service stations increased to 19,000, China Petroleum Daily reported on Monday, citing a PetroChina...

If China is right, then there is enough oil under the South China Sea to feed global consumption for several years. But Beijing may be making an aggressive bet on the wrong horse. Beijing seems to be doubling down in the South China Sea. Wh...

China has mapped out a Five-Year Plan (2011-15) for the petrochemical industry that will see the country form as many as four refining bases in the coastal regions, each with a refining capacity of 20 million metric tons by the end of 2015....

Chinas petroleum and chemical industry will expand at an annual rate of 13 percent annually during the 2011-2015 period, the countrys industrial authority said Friday. According to a petroleum and chemical industry development plan released...

Chinas net crude oil imports are expected to rise 5.9 percent this year, the slowest growth rate since 2006, as a slack export market cuts into consumption, local media reported on Friday, citing a report by top oil firm China National Petr...

The third-largest crude oil reserve base in China has begun operating in Hebei province in the north of the country. The base, in the Caofeidian industrial zone owned by China Petrochemical Corp., known as Sinopec Group, was put into operat...

China Petrochemical Corporation (Sinopec Group), the countrys largest petroleum company by sales, raised its refined oil factory prices nationwide at the beginning of the year, industry insiders confirmed with the Global Times Wednesday. Th...

The decision by India to continue importing from Tehran in spite of Western sanctions shines uncomfortable light on the powerful nationalist sentiments among the Chinese. China remains Tehrans largest trading partner and biggest oil custome...