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07/09/2010 |
Nigeria, China to Hold Talks Next Week on Building $8 Billion Oil Refinery
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Nigeria and China may sign an accord on the construction of an $8 billion oil refinery in the West African nation after talks next week, th...... |
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04/28/2010 |
China Oil Demand Up On Double-Digit Growth
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China's demand for oil rose 12.8 percent in March as the Chinese economy returned to rapid growth and refining capacity expanded, reported Wednesday’s AP. |
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04/21/2010 |
China To Up Fuel Prices 4 Pct, 1st Hike Since Nov
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China will raise retail gasoline and diesel prices by 4 to 4.5 percent from Wednesday, its first such move in five months, taking prices up to ...... |
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04/12/2010 |
Domestic Oil Prices May Rise This Month
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China's gasoline and diesel prices may rise in early April, and the increase will probably be within 300 yuan ($44), reported Economic Information Daily. |
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04/02/2010 |
Sinopec To Buy Angolan Oil Assets
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Asia's top oil refiner, will buy a stake in upstream assets in Angola for $2.46 billion and said it wanted more such deals, which could shield it from high oil prices t...... |
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03/19/2010 |
IEA Says China Will Drive Oil Demand In 2010
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The International Energy Agency (IEA) has increased its global oil demand forecasts for 2010 by 1.8% to 86.6 million barrels per day, reported Friday’s BBC. |
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02/22/2010 |
China's CNOOC Eyes Big Deal In Africa
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China National Offshore Oil Corp may pay up to $2.5 billion for Ugandan assets owned by Heritage Oil Plc, reported Monday’s Reuters. |
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01/22/2010 |
Sinopec, BP In Cooperation Talks On Shale Gas Exploration In China
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China Petrochemical Corp., or Sinopec Group, and BP PLC (BP) are in talks to cooperate in shale gas exploration and development in China, Sinopec said Monday, reported Dow Jones. |
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01/11/2010 |
China Pulls Out Of $40 Billion Australia Gas Deal
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Energy giant PetroChina Co. Ltd. has pulled out of a $40 billion deal to buy natural gas from a project off Australia, leaving Woodside Petroleum Ltd. looking for new customers, reported AP. |
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12/17/2009 |
IEA Forecast Oil Demand Rises On China Need
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World oil demand will grow slightly more than expected next year, the International Energy Agency said, mainly due to accelerating economic activity in China, reported Dow Jones. |
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11/30/2009 |
Ecuador, China To Create Oil Joint Venture
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Ecuador and China will form a joint venture to develop an oil bloc in the South American country that has proven reserves of 120 million barrels ...... |
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11/16/2009 |
China Raises Gasoline, Diesel Prices
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China will raise gasoline and diesel prices both by 480 yuan ($70.28) per tonne from Tuesday, the National Development and Reform Commission (NDRC) announced on its website Monday, reported Xinhua. |
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11/06/2009 |
Goldman Keeps $85 Oil Target On China’s ‘Robust’ Diesel Demand
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Goldman Sachs Group Inc. maintained its forecast for crude oil to reach $85 a barrel by the end of this year on “robust” demand for diesel in China, ...... |
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11/04/2009 |
China May Cut refiners’ Profit When Oil Falls
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China will retain a portion of refiners’ profit when oil prices fall below $80 to help relieve the companies when prices are high, reported Bloomberg, citing the Shanghai Securities News. |
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11/02/2009 |
China Plans Emergency Oil-Storage Tanks In Northeast
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China, the world’s second-biggest energy consumer, plans to build emergency oil-storage tanks in the northeast to help bolster fuel-supply security, reported Bloomberg. |
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10/23/2009 |
China Cuts Jet Fuel Price 4% As Crude Oil Cost Falls
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China, the world’s second-largest oil consumer, is lowering the state-mandated price of jet fuel by about 4 percent as crude oil costs declined, reported Bloomberg.
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10/21/2009 |
China Cuts Retail Gasoline, Diesel Prices
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China will lower gasoline and diesel prices both by 190 yuan ($27.8 ) a ton from Wednesday, the National Development and Reform Commission announced Tuesday, reported Xinhua. |
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10/01/2009 |
PetroChina Starts Operating $4 Billion Dushanzi Plant
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PetroChina Co., the country’s biggest oil company, started operating a 30 billion-yuan ($4 billion) refining and chemical complex in the northwestern province of Xinji...... |
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09/22/2009 |
Daqing Oilfield To Triple Natural Gas Production
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Daqing Oilfield, China's No.1 terrestrial oil producer, is expected to triple its natural gas production while stabilizing crude output in the years to come, reported Xinhua. |
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09/18/2009 |
CNPC Borrows $30 Bln For Acquisitions
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China National Petroleum Corp (CNPC), the country's largest oil and gas producer, has received a USD30 billion loan to finance its overseas expansion as the company...... |
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09/09/2009 |
China Raises Fuel Prices by 4%
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China is to raise the prices of gasoline and diesel by 300 yuan a ton, or about 4 percent each, from Sept 2, the country's top economic planning agency said late Tuesday, reported Xinhua. |
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09/08/2009 |
Canada's Athabasca To Sell Oilsand Stake To PetroChina
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Canada's Athabasca Oil Sands Corp announced on Monday that it plans to sell a 60-percent working interest in its two oilsand projects to PetroChina, reported Xinhua. |
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09/03/2009 |
Gasoline, Diesel Prices Likely To Go Up Again In China
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China may raise gasoline and diesel prices by 4 to 8 percent this week, to reflect international crude price hikes, said analysts, reported China Daily. |
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09/03/2009 |
China's CNOOC H1 Net Profit Falls 55% On Lower Crude Oil Prices
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China's CNOOC Limited, the listed subsidiary of China National Offshore Oil Corporation, said Wednesday its net profit dropped 55 percent from a year ag...... |
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08/31/2009 |
China's Sinopec H1 Net Profit Up More Than Fourfold
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China's Sinopec said Sunday first-half net profit rose more than fourfold from a year earlier to 33.25 billion yuan, helped by higher refined oil prices in the domestic market, reported AFP. |
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08/28/2009 |
China's Sinopec Reports 332.8% Profit Rise In H1
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China Petroleum & Chemical Corp.(Sinopec), announced that its net profits in the first half of this year sharply rose by 332.8 percent year on year, becau...... |
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08/26/2009 |
China’s July Oil Product Sales Decline
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China’s domestic oil-product sales dropped “significantly” in July because of weak demand, the China Petroleum and Chemical Industry Association said, reported Bloomberg. |
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08/20/2009 |
CNPC Va Accélérer Son Programme D’Acquisitions Etrangères
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CNPC (China National Petroleum Corp), le plus grand producteur de pétrole et de gaz dans le pays, va accélérer cette année le programme de ...... |
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08/18/2009 |
China Approves Sinopec's Acquisition Of Addax Petroleum Corp
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Sinopec has obtained all the required government approvals for its $7.5 billion takeover of Addax Petroleum, a deal that would help secure added production...... |
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08/13/2009 |
China Refiners To Boost Diesel Output On Fishing Season
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China Petrochemical Corp. and China National Petroleum Corp., the nation’s biggest refiners, will increase oil processing volumes at their plants this month from July leve...... |
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08/10/2009 |
China Cuts Gasoline, Diesel Prices
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China will cut gasoline and diesel prices from Wednesday by 220 yuan per ton, or by about 3 percent each, the National Development and Reform Commission (NDRC) announced Tuesday, reported Xinhua. |
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08/07/2009 |
CNOOC Drills New Oil, Gas Field In East China's Bohai Bay
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The China National Offshore Oil Company Ltd. said Tuesday it has successfully drilled a new oil and gas field in East China's Bohai Bay, reported Xinhua news. |
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08/06/2009 |
CNOOC Obtained A License For Oil Product Wholesale
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China National Offshore Oil Corp. (CNOOC), the country's leading offshore oil producer, would be a new competitor in China's domestic oil product market as the company gained qualification for o...... |
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07/30/2009 |
Oil Refining Volume Of Sinopec Rose 1.83 Percent In H1
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China Petroleum and Chemical Corp (Sinopec), the nation's largest oil refiner, said Tuesday that it processed 86.9 million ton of crude oil in the first half o...... |
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07/10/2009 |
Expansion Of Sinopec-BASF Joint Venture Got Green Light
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Chinese government has approved the feasibility study report on the expansion of the joint venture between Sinopec, a subsidiary of China Petrochemical Corporation, and Ludwigshafen-...... |
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07/09/2009 |
China Oil Giants May Bid The Second Time For Iraq Oil
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China National Petroleum Corp (CNPC) and China Petrochemical Corp (Sinopec) may continue to bid in the second auction of Iraq’s oil and gas field this year, said a source close to the sit...... |
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07/01/2009 |
China's Sinopec To Buy Addax Petroleum For C$8.27 Billion
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China’s Sinopec International Petroleum Exploration and Production Corp. (SIPC). has made a deal to buy Calgary-based Addax Petroleum for about C$8.27 billion (US$7.24 ...... |
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05/18/2009 |
Sinopec Invests RMB 28.4 Bln In Beihai Project
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Sinopec Group has signed an agreement with the Beihai municipal government, committing a RMB 28.4 billion investment in infrastructure and o...... |
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03/30/2009 |
GE Wins $300M China Gas Pipeline Contract
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General Electric Co. said that it has been awarded a $300 million contract for work on a new east-west natural gas pipeline in China. GE will supply compression equipment ...... |
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03/24/2009 |
Libya To Exercise Right To Buy Verenex Assets
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Libya will exercise its right to buy the assets of Verenex Energy Inc., blocking a roughly US$400 million deal that China had sought with the Can...... |
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03/05/2009 |
China National Petroleum To Take Over Verenex For $499 Million
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Verenex Energy Inc. has agreed to the $499-million takeover offer from a subsidiary of state-owned China National Petroleum Corp. Verenex is a Canadian company. |
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02/20/2009 |
Russia Signs Oil For Loan Agreement With China
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Russia and China have signed an energy agreement that gives two Russian oil companies $25 billion in loans for a period of around 20 years, ...... |
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01/13/2009 |
CNPC’s Foreign Fields Yield Record High Oil, Gas In '08
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To fuel its average yearly economic growth of 9.8 percent, the fastest-growing for the past quarter of a century, China has become one o...... |
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01/07/2009 |
China To Build Up Oil Reserve Amid Price Slump
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Its falling demand for energy is one indicator that China is also affected by the deepening global economic crisis, but the situation also offers an opportunity to buil...... |
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12/22/2008 |
China Confirms PetroChina’s Discovery Of 100 BCM Natural Gas
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China has validated PetroChina Co.'s discovery of a major natural gas field, with proven reserves of 100 billion cubic meters (BCM) in Xinjiang Uygur Autonomous Region, according to a Xinhua News Agency ...... |
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12/01/2008 |
Iraq Signs $3.5 Billion Deal For China’s Development Of Oil Field
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North Oil, an Iraqi-owned company and China National Petroleum Corp (CNPC), the country's largest and state-owned oil producer, announced on Wednesday, November 5, ...... |
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11/11/2008 |
Russia, China Sign Siberian Oil Pipeline Agreement
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A deal to build a pipeline from western Siberia to the Pacific coast to supply about 15 millions tomes of oil a year to China's northeast was among the agreements witnessed by the visiting Pr...... |
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11/06/2008 |
China To Set Up Third Antarctica Research Station
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China’s 25th scientific research team to the Antarctica will depart from Shanghai on October 20, en route to Antarctica, to set up a third resea...... |
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11/03/2008 |
CNOOC Discovers Oil, Gas Well Following 89.3% H1 Net Profit Increase
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China National Offshore Oil Company Limited (CNOOC Ltd), CNOOC Ltd., China's biggest offshore oil explorer, announced on October 6 its discovery of new oil and g...... |
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10/28/2008 |
Sinopec Makes $1.9 billion Bid For Canadian Oil Firm
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Sinopec International Petroleum (SIPC), the international trading arm of Chinese energy giant Sinopec Corp, has agreed to buy Tanganyika Oil Co for C$2.07 bill...... |
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Results 1 - 50 of 54 |
The top three sources of oil for China are Saudi Arabia, Angola and Iran. Saudi Arabia became China's largest oil source by exporting 41.86 million tons in 2009, making up about 20 percent of the oil imported by China. By the end of 2009, the amount of crude oil that China imported from Saudi Arabia exceeded 1 million barrels per day, while the US, the largest importer of the country's oil before, imported less than 1 million barrels per day for the first time since more than 20 years.
