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LNG potential in China huge, says major industry expo organizer

China has huge potential for liquefied natural gas (LNG) development, according to the organizer of an international industry event underway. Pat LaStrapes, vice-chairman of the World LNG Fuels 2014 event committee, told Xinhua he saw the L......【More】

2014-01-26

China sees record crude oil imports from Kazakhstan

China saw a rise in crude oil imports from Kazakhstan last year via a transnational pipeline to the Xinjiang Uygur Autonomous Region. Oil imports hit a record high of 11.85 million tonnes in 2013 through the China-Kazakhstan Pipeline, up 14......【More】

2014-01-24

Shanghai shipyard to build LNG barge for Andhra Pradesh

A Shanghai-based firm will build and supply a barge-based floating LNG regasification unit to be installed offshore Andhra Pradesh. Wison Offshore Marine said on Tuesday it has signed a binding agreement with Indian-owned Vessel Gasificatio......【More】

2014-01-23

CNOOC targets higher output in 2014

China National Offshore Oil Corporation (CNOOC) Limited, a Hong Kong-listed subsidiary of Chinas largest offshore oil producer CNOOC, announced on Monday that it is targeting a net production between 422 and 435 million barrels of oil equiv......【More】

2014-01-22

China to provide LNG to Taiwan's island county

China is expected to start sending liquefied natural gas (LNG) to Taiwans outlying Kinmen county in early 2015 under an agreement signed Friday, making LNG the second natural resource after water to be provided to the island chain by its fo......【More】

2014-01-21

Sinochem says new 240,000-bpd Quanzhou refinery starts test runs

State-run Sinochem Corps first fully owned greenfield refinery, the 240,000 barrels-per-day Quanzhou plant, has started test runs, the company said on its website on Friday. The refinery, in the southeast coastal province of Fujian, is expe......【More】

2014-01-20

CNPC signs strategic procurement agreement with ANSTEEL

On January 15, CNPC and Ansteel Group Corporation (ANSTEEL) signed a strategic procurement agreement in Beijing to carry out extensive exchanges and cooperation in strategic procurement, market assurance, information sharing and development......【More】

2014-01-17

China's chemical material and product sector's profit up 10.9% in Jan-Nov

Chinas chemical material and product manufacturing industry recorded a gross profit of RMB 342.17 billion in the first eleven months of 2013, reflecting a growth of 10.9% year on year, according to the latest data released by the National B......【More】

2014-01-16

India-China JV mentioned in Ecopetrol-PetroTiger bribery investigation

Colombia state oil firm Ecopetrol and the central governments transparency department have filed a claim against a former Ecopetrol official as part of an ongoing bribery investigation by Colombias prosecutor general, a company press releas......【More】

2014-01-15

Sinopec plans to build $3.1bn plant

Sinopec Engineering Group said it has entered into a deal to build a $3.1 billion plant in northern China to turn coal into petrochemicals, as China seeks to reduce its reliance on petrochemical imports. Sinopec Engineering will be responsi......【More】

2014-01-14