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Oil pipeline connects Kunming to Andaman Sea

A 771-kilometer long oil pipeline linking refineries in Kunming to oil fields off the western coast of Myanmar began shipments over the weekend. Built over six years, at a cost of 9.37 billion yuan (US$1.5 billion), the project was marred b......【More】

2015-02-04

Oil drops as Saudis resist calls for output cuts

Oil fell as Saudi Arabia, the worlds biggest exporter, signaled it wont act to balance the market while forecasts for US crude inventories to rise bolstered speculation that a global glut will persist. Futures dropped as much as 2 percent i......【More】

2015-02-03

Myanmar-China crude oil pipeline begins trial operations

The Myanmar-China oil pipeline has been officially inaugurated in a ceremony involving government and business representative from China and Myanmar. Trial operations were launched at a ceremony yesterday in Yangon attended by U Nyan Tun, M......【More】

2015-02-02

China's Oil demand to slow in 2015

Oil and gas consumption is expected to see slower growth in China this year, with the falling global crude prices providing an opportunity for more energy sector reforms, experts said on Wednesday. The countrys oil demand will grow 3 percen......【More】

2015-01-30

Launch imminent for crude oil pipeline

The crude oil pipeline that is to cross Myanmar from a terminal on the coast of Rakhine State to Yunnan province in China is due to be launched at the end of January, according to government officials. An opening ceremony for the pipeline w......【More】

2015-01-29

CNOOC Uganda holds Free Medical Camp in Hoima

Chinese oil and gas company CNOOC Uganda in partnership with the Chinese Embassy and the Chinese medical team recently offered free medical services to about 600 members of the Buhuka community in Hoima and donated medical equipment and med......【More】

2015-01-28

Crude imports hit record in Dec

Crude oil imports surged to their highest level in December as China purchased record quantities from its trading partners, cashing in on the rapidly falling prices in the global market. The countrys crude oil imports rose 13 percent to 30.......【More】

2015-01-27

DSIC wins bid to build two LNG carriers

Dalian Shipbuilding Industry Corporation (DSIC) has been notified by China Shipping Group and Sinopec that it has won a bid to build two 170,000cu m LNG carriers for the Sinopec APLNG project in Australia. DSIC will become the second shipya......【More】

2015-01-26

Myanmar-China oil infrastructure update

A crude oil pipeline and a deepsea port designed to secure an alternative route for Chinese imports overland through Myanmar are both set to open at the end of January. An affiliated refinery in China is months away from completion, accordi......【More】

2015-01-23

Oil Pipeline Through Myanmar to China Expected to Open in Jan

A crude oil pipeline and a deep sea port meant to secure an alternative route for Chinese imports overland through Myanmar are set to open at the end of January, but an affiliated refinery in China is months away from completion, sources sa......【More】

2015-01-22