Oil prices have risen due to seasonal demand in developed economies. Brent for July delivery LCOc1 increased 95 cents to $63.64 a barrel, while front-month US crude CLc1 rose 73 cents to $58.87 a barrel, Reuters reported. During the US and...

Oil prices slipped on Monday on news of a slide in Chinas fuel imports and as markets digested OPECs decision to maintain its production target, which analysts said could prolong a supply glut for the rest of the year. China, the worlds big...

Beijing announced it will adopt the national V emissions standard, the tightest one in China, for diesel-powered vehicles this month, becoming the first city in China to adopt standards for both gasoline and diesel-powered vehicles. It is p...

Royal Dutch Shell Plc, the global energy company, has opened a new commercial hub in Shanghai on Wednesday, which it said will better serve its downstream business customers in China. Around 400 staff, including 100 from its national corpor...

Angolas oil minister said on Tuesday that $80 per barrel may be right for crude, joining a chorus of OPEC officials and delegates hoping for a further price recovery in months to come despite a global glut. I would like the price (to) go up...

The Xinjiang Uygur Autonomous Region in northwest China has transformed into the premier national energy hub, which holds the countrys largest oil, gas and coal reserves. China, to meet growing demand, must import a large share of its energ...

European gas outlook The unexpected weakness of EU gas demand has important implications both for the regions suppliers, in particular Russia, and for EU energy policy. For the EU, low levels of gas demand strengthen its security of gas sup...

Asian imports of Iranian crude rose 12% in April from the previous month to a four-month high of almost 1.2mn barrels per day (bpd), topping a level allowed under economic sanctions aimed at Tehrans disputed nuclear programme. Still, for th...

Chinas Xinjiang Uygur autonomous region is expected to produce 30.5 billion cubic meters of natural gas this year, according to statistics from the regions four gas producers. The figure is more than 30,000 times that of the regions gas out...

The memorandum of understanding our government signed last week with Pacific NorthWest LNG moves us one step closer to ensuring British Columbia will have a new, vibrant liquefied natural gas industry, and the thousands of jobs it will brin...