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By Jerry C. Tien |
August 11, 2008
China has been relying heavily on coal (over 70% of domestic energy consumption) and petroleum for energy to maintain its supercharged economic growth - it has plenty of the former and now has to import nearly 50% of the latter. Underutilized methane gas holds great promise.
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By Jing Yang |
June 24, 2008
The agreement marks the first publicized efforts by Shell and Qatar Petroleum to enter China's downstream oil sector.
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By Jing Yang |
May 8, 2008
CNPC and Nippon Oil reach a preliminary agreement to form a refining venture that would include joint operation of Nippon Oil's 115,000 barrel-a-day refinery in Osaka.
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By Interfax-china |
October 19, 2007
Just as Warren Buffett sells his 11% interest, the company reports that its average realized price for crude oil fell 0.56% year-on-year during the first nine months of this year.
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By Jing Yang |
September 27, 2007
The new terminal is designed to receive 3 million tonnes of LNG a year in the first phase of operation, with volume rising to 6 million tonnes in the second phase.
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By Interfax-china |
September 24, 2007
China could hold 65 billion tonnes of oil in total, but only 39% of the reserves have been uncovered, according to an official.
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By Jing Yang |
September 21, 2007
But even with a stockpile of 16 billion to 18 billion cubic metres, the company's reserves volume would still fall short of international standards.
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By Chen Shasha |
September 19, 2007
Interfax-China talks with John Harris, a director of Cambridge Energy Research Associates' Global LNG Group, about his expectations for China's LNG market.
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By Jing Yang |
September 18, 2007
The oil giant will use the proceeds to increase crude production capacity, develop a recent oilfield discovery, expand its ethylene output and build an oil product transmission pipeline.
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By Jing Yang |
September 17, 2007
Several Chinese provinces report supply shortfalls due to a reduction in output from local refineries.
