Hybrid vehicles are significantly more fuel-efficient in India and China than they are in the US, according to new research from the US Department of Energys Lawrence Berkeley National Laboratory. This disparity in efficiency between the di...

Water-borne facilities to liquefy natural gas for export could let small U.S. producers profit from overseas sales of lower-cost domestic gas, but it may not be long before that price advantage disappears, said speakers offering contrasting...

China Petrochemical Corp. agreed to buy a 15% stake in gas reserves and a proposed liquefied natural gas (LNG) facility in British Columbia from Petroliam Nasional Bhd. for an undisclosed amount. Sinopec, as the Chinese company is known, wi...

Deutsche Bank predicted that Chinas oil demand would rise 5.8% in 2014, slightly faster than the 5.2% recorded in Q1 2014. Chinas foreign minister said that the country is seeking long-term partnerships with Brazil and Venezuela in oil and...

Tehran - A deputy petroleum minister said that petrochemical development projects in Phase 2 of the giant offshore South Pars gas fields are progressing as scheduled. Development projects are progressing more tangibly than before and dynami...

HANOIVietnam accused a Chinese energy company of operating in its waters illegally, potentially ratcheting up tensions further between the two countries. On Saturday, Chinas Maritime Safety Administration disclosed the location of China Nat...

Throughout much of their 36-page handbook, the three oil companies operating in Uganda Tullow, Total and Cnooc - have laid out the kind of opportunities Ugandans should look out for as the country heads towards First Oil, and encouraged the...

The United States offered a reward of up to $5 million on Tuesday for a Chinese businessman accused of supplying missile parts to Iran, and targeted companies from China and Dubai for allegedly helping Iran evade weapons and oil sanctions....

In a strategic move, China has shelved a plan to be part of the Iran-Pakistan (IP) gas pipeline that faces the threat of US sanctions and has come up with an offer to join the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline to m...

Chinas top refiner Sinopec Corp is scaling back billions of dollars in petrochemical investments in the face of growing U.S. competition in the sector and rising local opposition to oil and gas plants over environmental concerns. The slowdo...