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Oil slips after OPEC keeps output high, China slowdown

Oil prices slipped on Monday on news of a slide in Chinas fuel imports and as markets digested OPECs decision to maintain its production target, which analysts said could prolong a supply glut for the rest of the year. China, the worlds big......【More】

2015-06-10

Chinese capital passes diesel standard

Beijing announced it will adopt the national V emissions standard, the tightest one in China, for diesel-powered vehicles this month, becoming the first city in China to adopt standards for both gasoline and diesel-powered vehicles. It is p......【More】

2015-06-09

Shell bolsters business with new Shanghai center

Royal Dutch Shell Plc, the global energy company, has opened a new commercial hub in Shanghai on Wednesday, which it said will better serve its downstream business customers in China. Around 400 staff, including 100 from its national corpor......【More】

2015-06-08

UPDATE 1-OPEC hopes for further oil price recovery despite glut

Angolas oil minister said on Tuesday that $80 per barrel may be right for crude, joining a chorus of OPEC officials and delegates hoping for a further price recovery in months to come despite a global glut. I would like the price (to) go up......【More】

2015-06-05

Xinjiang emerges as major natural gas player

The Xinjiang Uygur Autonomous Region in northwest China has transformed into the premier national energy hub, which holds the countrys largest oil, gas and coal reserves. China, to meet growing demand, must import a large share of its energ......【More】

2015-06-04

Europe's Falling Natural Gas Demand

European gas outlook The unexpected weakness of EU gas demand has important implications both for the regions suppliers, in particular Russia, and for EU energy policy. For the EU, low levels of gas demand strengthen its security of gas sup......【More】

2015-06-03

Asian imports of Iran crude rise 12% in April

Asian imports of Iranian crude rose 12% in April from the previous month to a four-month high of almost 1.2mn barrels per day (bpd), topping a level allowed under economic sanctions aimed at Tehrans disputed nuclear programme. Still, for th......【More】

2015-06-02

Xinjiang's natural gas output expected to hit 30b cubic meters

Chinas Xinjiang Uygur autonomous region is expected to produce 30.5 billion cubic meters of natural gas this year, according to statistics from the regions four gas producers. The figure is more than 30,000 times that of the regions gas out......【More】

2015-06-01

Cleanest LNG in the world

The memorandum of understanding our government signed last week with Pacific NorthWest LNG moves us one step closer to ensuring British Columbia will have a new, vibrant liquefied natural gas industry, and the thousands of jobs it will brin......【More】

2015-05-29

CNOOC overseas LNG base starts operation

China National Offshore Oil Corporation (CNOOC), the countrys largest offshore oil producer by output, announced on Monday that its overseas liquefied natural gas (LNG) supply base has started operation. The Queensland Curtis LNG project in......【More】

2015-05-28