China Oil

• New Pricing System Will Curb China's Oil Demand

  By Staff Writer  |  July 3, 2008

  The establishment of a new pricing system, one that brings domestic prices up and in line with those on the international market, is likely to alter the country's immense energy appetite.

• Chinese Oil Companies Set August Deadline to Stem Refining Losses

  By Jing Yang  |  May 23, 2008

  The deadline changed however in the wake of the recent earthquake that struck the country's southwestern Sichuan Province.

• Oil Prices Will See Downturn in the Next 12 to 18 Months, Expert Says

  By Jing Yang  |  May 21, 2008

  David Bensimon is one of the few industry experts that dares to challenge the status quo.

• China Releasing Oil Products From State Strategic Reserve

  By Jing Yang  |  May 19, 2008

  The State Reserve Bureau has released 6,313 tonnes of oil products from state tanks for transport to quake-affected regions.

• China Sees Record Crude Imports in March

  By Jing Yang  |  April 14, 2008

  Local refineries are preparing for peak consumption during the spring planting season and the upcoming Olympic Games.

• Impact of China's Power Crisis on Oil Demand Is Uncertain

  By Interfax-china  |  February 14, 2008

  Capacity needs to be trimmed as export growth will diminish as global economies falter, according to analysts.

• World Peace Will Help Sustain Commodities Boom

  By Jane Louis  |  February 5, 2008

  Frank Holmes of U.S. Global Investors said global peace is the way to develop sustainable economic growth, which in turn will keep commodities on the rise.

• China and U.S. to Cooperate Over Strategic Oil Stockpiling

  By Jing Yang  |  January 15, 2008

  The two countries will also work together to reduce the amount of sulphur dioxide in automotive fuels.

• High Price of Oil is Chinese Petroleum Industry's Biggest Woe

  By Terry Wang  |  December 21, 2007

  High oil prices have diminished profit margins, while an overabundance of investment has caused overcapacity in the petroleum and chemical sector.

• China and U.S. to Cooperate Over Strategic Oil Stockpiling

  By Jing Yang  |  December 14, 2007

  The U.S. is helping China keep its current and future oil inventories transparent to avoid speculation on the international oil market. The countries are also trying to establish a national sulphur dioxide emission trading scheme in China.