Two Chinese companies that entered Brazils giant deep-water oilfields two years ago are now looking to increase their presence as state-run Petrobras sells assets to pay down debt, said two people with knowledge of the matter. China Petrole...

Chinese Vice Premier Zhang Gaoli announced here Monday afternoon start of construction on the Chinese section of the China-Russia East Route natural gas pipeline. Zhang said the Chinese side is ready to work with the Russian side to ensure...

Saudi Arabia lost its spot last month as India`s top oil supplier to Nigeria for the first time in at least four years, according to ship tracking data compiled by Reuters, as the world`s top crude exporter struggles to maintain market shar...

Chinas price watchdog on Tuesday opted against adjusting gasoline and diesel guide prices in the domestic market as global prices have remained relatively calm recently. Under an oil pricing policy in place since the start of 2013, the Nati...

BP Plcs $750 million purchase of a Siberian oilfield stake is as much a bet on China as it is on Russia. Taas-Yuriakh Neftegazodobycha LLCs blocks near Chinas northern border will supply the planned Tianjin refinery on the east coast, accor...

The head of Rosneft says that the Russian company is working with Chinas petroleum and chemical corporation Sinopec on the issue of mutual payments in national currencies. Russias oil giant Rosneft is working with Chinas petroleum and chemi...

Chinese oil giant China National Petroleum Corporation (CNPC) has signed a strategic partnership agreement with leading internet company Tencent to promote the internet transformation of energy companies, in line with the countrys Internet...

China National Offshore Oil Corp. has started production at the Dongfang 1-1 gas fields first-phase adjustment project ahead of schedule. The field lies in the Yinggehai Basin in the South China Seas Beibu Gulf, and has an average water dep...

Chinese national oil companies (NOCs) are assessing how best to optimise their diverse supply portfolios as gas demand disappoints, leading to an oversupplied market and weaker prices. According to Wood Mackenzie, there are three major leve...

The Sebei gas field in Chinas Qaidam Basin the countrys fourth-largest onshore gas field had produced 2.1 billion cubic metres this year as of 26 May. The average output per well came to 29,600 cubic metres per day during that period. Sebei...