Industrial source showed that Chinese oil companies have been circling BGs fast-growing Brazilian business. BG had considered the sale of a minority stake in its thriving oil and gas business and that Chinese oil companies had been among th...

Sudans foreign minister said, Sudan has granted its main ally and oil buyer China more oil exploration rights as both countries seek to boost ties. Sudans foreign minister Ali Ahmed Karti said, Sudans President (Omar Hassan) al-Bashir told...

Recently, the Chinese Economic and Information Commission stated that construction is to commence in Chinas Xinjiang Uyghur Autonomous region on a new crude oil pipeline which will be the longest such pipeline in northwestern China. Accordi...

As per sources, Beijing was offered engineering and equipment procurement contract for the natural gas pipeline planned from Iran to Pakistan, Beijing may find attractive investment opportunities in a Pakistan struggling to meet its energy...

China has completed the Phase I of the national strategic petroleum reserve project and progressing on the construction of Phase II. All four terminals with a total storage capacity of 16.4 mln m being built within the Phase I project are n...

ConocoPhillips, the operator of two leaking oil platforms in Northeast Chinas Bohai Bay, said they had discovered more oil-based mud on the seabed around Platform C which may push the total leak to surpass 1,500 barrels. The news comes just...

Sources implied Japan and Chinas liquefied natural gas (LNG) imports surged to a record in June as demand for the fuel from utilities in both the countries rose. Increasing LNG demand from China just as Japan, the worlds largest importer of...

Out of 5,353 gas pumps inspected in Taipei and New Taipei City in July, only 29 failed to meet measurement standards, a move designed to assure consumers that they are not being cheated on the forecourt, the Bureau of Standards, Metrology a...