LONDON: Oil and metals prices retreated last week amid quiet trading owing to Asias Lunar New Year holiday celebrations, while dealers also paused for breath ahead of a key G20 meeting. A billion-plus Asians have enjoyed a week of festiviti......【More】
2013-02-18Herbert Smith Freehills and Freshfields Bruckhaus Deringer have advised on the $3.1bn (£1.98bn) private share placement of Asias largest oil and gas company, Hong Kong-listed China Petroleum Chemical Corp (Sinopec). The pair advised on bo......【More】
2013-02-17China Petroleum Chemical Corporation (Sinopec Corp. or the Company) (hkex:386)SNP +0.67% (ch:600028) is pleased to announce that, further to its announcement earlier this month, it has successfully completed its placing today of an aggregat......【More】
2013-02-17Oil prices in Cambodia hit the highest of all time on Friday, with a liter of premium gasoline going for 1.45 U.S. dollars at all petrol stations in the capital. The price is the highest ever if compared with the peak price of 1.41 U.S. dol......【More】
2013-02-16Honghua Group Ltd, Chinas largest exporter of oil-drilling equipment, and Shenhua Group, the countrys biggest coal producer, have agreed to explore unconventional natural gas together, the latest major move in the booming field. The two com......【More】
2013-02-16With the search for the culprits that caused the notorious smog homing in on low-quality fuel, Chinas fuel standards are set to rise. If it reduces pollution and improves the air quality then the cost is worth paying, but the decision of wh......【More】
2013-02-06Data released by the National Development and Reform Commission shows that China produced 207 million metric tons of crude oil in 2012, up 1.9 percent year-on-year (YoY). China imported 271 million metric tons of crude oil, up 7.3 percent Y......【More】
2013-02-06If you are looking for bright spots in the global economy then the Gulf Oil States record $350 billion trade surplus is a standout. Other hydrocarbon producers like Russia also got this huge handout last year. It contrasts with the $117 bil......【More】
2013-02-05BEIJING: Chinas take over of Pakistans strategic Gwadar port is not aimed at encircling India, but the move is crucial to the countrys economic interests as it gives western China access to the Arabian Sea to access oil supplies from the Gu......【More】
2013-02-05Set to take over operations of Pakistans strategic Gwadar port in the Arabian Sea, China today said the move is part of the continued cooperation between the two countries. China and Pakistan are friendly neighbours. Chinese companies have......【More】
2013-02-04