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CNPC and CDB sign strategic cooperation agreement

On August 9, CNPC and China Development Bank (CDB) signed a strategic cooperation agreement in Beijing. CNPC Chairman Zhou Jiping and CDB Chairman Hu Huaibang had a discussion on further promoting cooperation and attended the signing ceremo......【More】

2013-08-13

SINOPEC receives second tranche of funds for gas project

The Chinese Development Bank has disbursed the second tranche of funds to lead contractors of the gas project, SINOPEC. Though its unclear how much is involved, the funds are expected to enhance the completion of the gas project at Atuabo.......【More】

2013-08-12

China's crude oil imports up 19.6% in Jul

China, the worlds second largest oil consumer after the U.S., imported 26.11 million metric tons of crude oil in Jul this year, 19.6% more than in the same month of last year, according to the latest figures from Chinas General Administrati......【More】

2013-08-09

Shale Gas: lack of information means fear of unknown

Nick Herbert, MP for Arundel and South Downs, has highlighted increasing concerns in rural England about the impact fracking may have on our matchless countryside. Shaun Spiers, the Campaign to Protect Rural Englands Chief Executive replies......【More】

2013-08-08

Shale gas body to pitch out Brussels public affairs project

The industry body for the UKs onshore gas and oil sector is gearing up to hunt for agency support for its interaction with European regulators as they study how to deal with fracking. The UK Onshore Operators Group (UKOOG) was relaunched at......【More】

2013-08-07

SINOPEC begins Guangxi LNG construction

SINOPEC Natural Gas Company started construction at the companys LNG project in Guangxi with 17.78 billion yuan of first phase investment. For a long time, lack of energy resources is one of the restrictions to fast and sustainable economic......【More】

2013-08-06

Hohhot Petrochemical production and transportation project ready for trial operation

On July 30, CNPC Hohhot Petrochemical Companys 5 Mt/a expansion and upgrading project, which consists of 11 production units, supporting facilities, and storage and transportation system, is basically completed and ready for trial operation......【More】

2013-08-05

China's Tianjin Bohai PDH plant to get Algeria propane, second after UAE lot

Chinas state-owned Tianjin Bohai Chemical Industry (Group) will receive its second propane cargo, this time from Algeria, ahead of the scheduled start up of its new propane dehydrogenation, or PDH, plant, trade and shipping sources said Thu......【More】

2013-08-02

Rosneft ships additional oil supplies to China under new deal

Rosneft, Russias top oil producer, said on Wednesday it had started shipping additional oil supplies to China, following an agreement signed last month. Russia, the worlds top crude producer, is shifting oil flows from debt-stricken Europe......【More】

2013-08-01

CNPC takes the lead in Latin America

China National Petroleum Corporation (CNPC) has made significant investments in place of Venezuelas state owned oil company, Petroleos de Venezuela (PdV), which retreated from its international commitments following the death of Hugo Chavez......【More】

2013-07-31