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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

Oil prices a boon to China's interests

As global oil prices wallow near multi-year lows, China has been ramping up its crude imports. Reuters estimates that local buyers imported over 31 million tons of crude oil in December, representing an increase of 10 percent month-on-month......【More】

2015-01-21

Oil slump heightens pollution challenge

A brisk walk in Indias capital New Delhi on Christmas Eve was rated hazardous to health, while a similar stroll in the Chinese city of Shanghai was ranked unhealthy. Two of Asias biggest cities with the same problem: air pollution. This yea......【More】

2015-01-20

New Saudi-Sinopec Oil Refinery Starts Exports

A major new joint-venture refinery in Saudi Arabia on Thursday shipped its first clean diesel cargo, the company Yanbu Aramco Sinopec Refining Co (Yasref) said. The 400,000 barrels-per-day (bpd) refinery, a joint venture between Saudi Aramc......【More】

2015-01-19

Bahrain, China explore oil investments

Minister of Energy, Dr. Abdulhussain bin Ali Mirza, today received a high-level Chinese delegation of oil, gas and petrochemicals companies and organizations. Energy Minister commended the solid bilateral relations and cooperation, stressin......【More】

2015-01-16

China christens LNG vessel ‘MV Papua’

The liquefied natural gas carrier that was custom-built for the PNG LNG Project has been official christened as MV Papua at the Hudong-Zhongua shipbuilding yard in Shanghai, China. During the ceremony, Linda Babao, the wife of the Prime Min......【More】

2015-01-15

Top five factors affecting oil prices in 2015

China, OPEC and American shale are among the factors to watch As we ring in the New Year, lets take stock of where we are at with the oil markets. 2014 proved to be a momentous one for the oil markets, having seen prices cut in half in just......【More】

2015-01-14

Advanced drilling platform wins China's highest award

Chinas advanced semi-submersible drilling platform on Friday won the countrys highest award for progress in science and technology. The ultra-deep water semi-submersible drilling platform took six years to develop and involved over 100 inst......【More】

2015-01-13

CNOOC Announces ‘Mid-to-Large’ Offshore Natural Gas Find

China National Offshore Oil Corporation (CNOOC; ticker: CEO) announced yesterday a new mid-to-large sized natural gas discovery. The find, Lingshui 25-1, is located in the northeast of Ledong Sag in the Qiongdongnan Basin of the South Chine......【More】

2015-01-12

Green Dragon confirms 30 well programme at Shizhuang South

Green Dragon Gas has confirmed it has awarded a contract to Greka Drilling for 30 new wells on the Shizhuang South production block (GSS) in China. The unconventional gas specialist, which is Grekas former parent, said the US$45mln contract......【More】

2015-01-09