Chinas growing demand will need natural gas from both Turkmenistan and Russia, Tao Wang, expert at Carnegie-Tsinghua Center for Global Policy believes. Chinas energy transition and economy will see natural gas demand increasing quickly in t...

Recently, Liebherr offshore crane division has signed a ground-breaking contract with its long-time partner Dalian Shipyard (DSIC Offshore) Two state-of-the-art ram luffing knuckle boom cranes of the type RL-K 4200-100 LIT will be delivered...

The worlds largest oil and natural gas trade show, the Offshore Technology Conference (OTC), kicked off in the US energy hub of Houston on Monday with a visible presence of emerging Chinese companies. The annual event, a conference and exhi...

Oil prices fell in Asia as dealers eyed lacklustre manufacturing data from China, which raised concerns about weak demand from the worlds top energy consumer. US benchmark West Texas Intermediate fell 27c to $US58.88 while Brent eased 13c t...

RUSSIAN President Vladimir Putin on Saturday ratified a gas supply agreement with China via the so- called Eastern route. The agreement is aimed at strengthening the Russian-Chinese energy cooperation, and defines the main terms of the natu...

China will renew subsidies on shale gas exploration as part of efforts to optimize the countrys energy structure. The Ministry of Finance announced on Wednesday that a subsidy of 0.3 yuan (0.049 U.S. dollars) will be offered for every cubic...

China will become the worlds second-largest shale gas producer by 2035, behind only North America, a report by energy giant British Petroleum (BP) predicted on Tuesday. From 2025 to 2035, Chinas shale gas output will grow by an average of 3...

Diverse views on the outlook for Chinas LNG imports were aired in Beijing last week, with the range of forecasts reflecting uncertainties over future growth in the worlds third-biggest gas market and perhaps some hidden agendas as well. Dem...

Cnooc Ltd. is likely to slash spending further after low oil prices led to a sharp drop in the Chinese state-controlled oil giants first-quarter revenue. The partial results released on Friday by the listed unit of state-owned China Nationa...

The Kenli 10-1 field offshore China is now online, according to China National Offshore Oil Corp. (CNOOC). Production at the field located in Bohai Bay began on 23 April at an average water depth of 17m. According to CNOOC, the main product...