LOCATION :Home> Industry News

Coast Guard to Siphon Fuel from Grounded Chinese Vessel in Tubbataha

The Philippine Coast Guard on Wednesday mapped out plans to siphon the fuel from a Chinese fishing boat that ran aground in Tubbataha Reef before midnight Monday. Coast Guard spokesman Lt. Cmdr. Armand Balilo said this aims to prevent the p......【More】

2013-04-11

CNPC, KazMunayGas Eye Pipeline Expansion

China National Petroleum Corp. and KazMunayGas have signed an agreement on principles of an expansion of the pipeline that carries crude oil from Atasu in western Kazakhstan to a PetroChina Co. Ltd. refinery at Dushanzi, China. No capacity......【More】

2013-04-10

China's Shale Goal to Boost Arabian Gulf

Chinas ambitious goal of replicating North Americas shale revolution will change the dynamics of the global liquefied natural gas (LNG) market to the benefit of gas importers in the Arabian Gulf. Last week China took a big step towards open......【More】

2013-04-10

Deal Signed to Expand Sino-Kazakh Oil Pipeline

China and Kazakhstan inked agreements on Saturday to expand a crucial oil pipeline. Meeting ahead of a regional economic forum, President Xi Jinping also told his Kazakhstan counterpart Nursultan Abishevich Nazarbayev that both countries sh......【More】

2013-04-09

China Natural Gas Consumption Growth Slows by More Than Half

Chinas natural gas consumption growth for the first two months of 2013 slowed by more than half from a year earlier, according to figures from the countrys top economic planner. National Development and Reform Commission said that apparent......【More】

2013-04-09

CPC Hikes Fuel by NT$0.1 per Liter; Diesel Unchanged

The price of gasoline increased by NT$0.1 per liter today, with the price of diesel remaining unchanged, state oil refiner CPC Corp. announced yesterday. Following the price hike, the prices for 92-, 95- and 98-grade gasoline are NT$33.6, N......【More】

2013-04-09

In Mid-term Doldrums, Canada's Conservatives Hope to Reboot

Voter fatigue with Canadas ruling Conservatives and signs of stress within the government are putting Prime Minister Stephen Harper under pressure to freshen up his team and policies as the telegenic son of Pierre Trudeau starts snapping at......【More】

2013-04-08

Iran Crude Exports to Rebound in April from March Slump

Irans April crude exports will rebound to above 1 million barrels per day (bpd), industry sources said on Friday, after falling in March to the lowest level seen since the West imposed sanctions to reduce the oil flow in 2012. U.S. and Euro......【More】

2013-04-08

China Cut Off Oil Supply to N.Korea after 2009 Nuke Test

China completely cut off supply of crude and processed oil to North Korea for four months immediately after North Koreas second nuclear test in 2009. It seems China quietly imposed separate sanctions on North Korea independently of UN Secur......【More】

2013-04-07

King & Wood Mallesons Advises on Share Purchase of Oil and Gas Assets

King Wood Mallesons is advising China Petroleum Chemical Corporation (Sinopec Corporation) on a share purchase of oil and gas assets from China Petrochemical Corporation (Sinopec Group), the Chinese state-owned majority shareholder of Sinop......【More】

2013-04-07