Chinese shale determination In only a few years China has become the third country extracting shale gas in commercial quantities. According to the Chinese news service Xinhua, China will extract 1.5 billion cubic metres of gas this year - a...

The shale prize: more than just Fuling around? The successful development of a shale gas industry in China is seen as key to curbing energy imports and to improving air quality. China has huge gas reserves/resources, but much of those are m...

State-owned China National Offshore Oil Corp. (CNOOC) is looking to ramp up exploration in the South China Sea, with the goal of finding a single deepwater field that could equal its entire domestic output in 2013. CNOOC aims to find a deep...

HOUSTON -- Magnum Hunter Resources Corp. has reported that the company s wholly-owned subsidiary, Triad Hunter, LLC , has experienced a loss of control of a well, the Stalder 3UH, located in Monroe County, Ohio. Triad Hunter lost control of...

Chinas largest producer of offshore oil and gas, CNOOC, announced production has begun at the Liuhua 34-2 gas field in the South China Sea on Monday. CNOOC has a 51 percent working interest in the Liuhua 34-2 gas field, while Husky Oil Chin...

Royal Dutch Shell PLC is , as the Anglo-Dutch oil giant sheds assets across the globe amid falling oil prices. The company has started a sale process for its 75% stake in the Tongyi oil lubricants joint-venture with bids expected to come in...

China National Offshore Oil Company (CNOOC) Limited said its parent company CNOOC signed production sharing contracts with Kuwaiti company KUFPEC for three blocks in the South China Sea on Wednesday. CNOOC will act as the operator of the th...

Dong Xiucheng, deputy dean of the School of Business Administration at the China University of Petroleum, speaks to Interfax about Sino-Russian energy cooperation and Chinas gas price reforms. Interfax: China and Russia are entering an age...

Chinas crude imports rose a stronger-than-expected 7.9 percent in November from a year earlier, even though growth in fuel demand remained subdued in the worlds second-largest consumer, suggesting the country may be boosting its reserves. N...

PetroChina share price rise hits daily limit after shale JV news Shares of PetroChina Co Ltd rose by the daily limit on Thursday, following reports that the company has formed a joint venture to explore its shale gas projects in Chongqing M...