The 12th Shanghai International Petrochemical
Technology and Equipment Exhibition
Opening Countdown:
Days
Chinas daily crude oil imports fell in May, after reaching a record high in April, as refining capacity dropped the most this year due to maintenance. Net overseas purchases were 26.08 million tonnes, according to data released by the gener......【More】
2014-06-10BHP Billiton will invest heavily in energy and food as it follows China on its transition from a construction-led economy to a consumption power-house. Speaking to the media in Beijing where he wound up a 10-day tour of meeting BHPs commodi......【More】
2014-06-09Chinas state-owned Sinopec said Wednesday it has signed a pact with Kuwait Petroleum Co to enhance cooperation in the oil sector, including refining. Sinopec, or China Petrochemical Corp., said the deal was signed Tuesday in Beijing in the......【More】
2014-06-06China National Petroleum Corp. says Line C of the Central Asia-China Gas Pipeline became operational May 31 with the turn of a valve in Uzbekistan to receive gas from Turkmenistan. The 1,830-km line runs parallel with Line A and Line B. It......【More】
2014-06-05Crude Oil Price Brent futures for July delivery declined by almost 0.5 percent on Friday to finish the week at $109.56 a barrel. The benchmark crude price has eased further today and was trading at $109.00 as of 14:15. Brent rose 1.24 perce......【More】
2014-06-04Shares of two listed units of Chinese oil giant Sinopec Group - drilling equipment maker Kingdream and Sinopec Yizheng Chemical Fibre Co Ltd 1033.HK - were suspended from trading on Wednesday, pending announcements on transactions related t......【More】
2014-06-03A fire that broke out during routine maintenance of several oil wells operated by Petrochina and Pertamina in East Java, Indonesia, on Tuesday has shut down 4,000 barrels per day of crude production, the countrys oil and gas regulator (SKKM......【More】
2014-05-29A decade of negotiations resulted in a new accord between China National Petroleum Corporation (CNPC) and Russias Gazprom during President Putins visit to Beijing in May 2014. It paves the way for development of the mammoth Chayanda natural......【More】
2014-05-28This year has seen plenty of activity by the oil and gas industry in the Barents Sea, offshore Norway, as European explorers move further northwards in their quest to find new deposits of hydrocarbons. Recent months have seen exploration dr......【More】
2014-05-27China Petroleum Chemical Corp., or Sinopec, is pushing to start a new phase in an Iranian oil-field development, a plan Iran says it is likely to approve, according to people familiar with the project. The push is part of a broader attempt......【More】
2014-05-26
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