A delegation from the Sinopec Group, Chinas largest oil and gas company, visited Karamay in the Xinjiang Uygur autonomous region on July 19. Led by Wang Yupu, president of Sinopec, the deleg.........
see more >>According to the latest statistics issued by Chinas Customs House, this country imported 671,800 barrels of crude oil from Iran daily in June. China, as the biggest customer of Iranian oil, .........
see more >>ConocoPhillips ended talks with PetroChina Co. on a shale gas development in the country after a two-year study. The right commercial decision was to halt further discussions on this block, .........
see more >>Saudi Arabias crude oil exports slumped to a five-month low in May as local refineries used more supplies and some plants in China closed for maintenance. The worlds biggest oil exporter shi.........
see more >>Aiming to import liquefied natural gas (LNG) from China, Pakistan has started construction of its seven hundred-kilometer pipeline, Radio Pakistan reported. Minister of Petroleum and Natural.........
see more >>Crude prices ticked up on Thursday morning after a power outage shutdown the UKs largest oil field. According to Reuters, production was halted at the Nexen operated Buzzard field after powe.........
see more >>Oil prices rose on Thursday after a power outage closed the UKs largest oilfield, restricting flows to the North Seas main oil stream that underpins the global benchmark Brent crude. Oil pri.........
see more >>Two gas tankers built by the Sinopacific Offshore and Engineering were named on Tuesday, and will soon be shipping shale gas to Europe from the United States, officials said. The ships will .........
see more >>Aramco Trading Company, a subsidiary of oil giant Saudi Aramco, has offered 2.1 million barrels of diesel for loading in late July, tender documents showed on Tuesday. The company has offere.........
see more >>Two Chinese companies that invested in Brazils deep-water oilfields two years ago are looking to increase their presence as state-run Petrobras sells assets to pay down debt, according to in.........
see more >>Oil prices bounced Thursday as a recovery in Chinese stocks boosted investor sentiment. China stocks staged a strong rally on Thursday, recovering from a steep drop in the past three weeks, .........
see more >>Northwestern Chinas Xinjiang Uygur autonomous region launched bidding on Tuesday for six oil and gas blocks to private enterprises, a move that may end the monopoly of State-owned enterprise.........
see more >>China National Offshore Oil Corporation (CNOOC) has taken delivery of Asias first tugboat Hai Yang Shi You 525, designed to operate solely on liquefied natural gas as ships fuel, the company.........
see more >>An oversupply in the US oil market due to the rising rig count, led to supply exceeding the demand for crude oil. Also, the suspected stock market manipulation in the Chinese market had a be.........
see more >>Two Chinese companies that entered Brazils giant deep-water oilfields two years ago are now looking to increase their presence as state-run Petrobras sells assets to pay down debt, said two .........
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