Palestinian Prime Minister Rami al-Hamdallah called on China to encourage Chinese companies to join a bid for petroleum exploration in the Palestinian territories. Al-Hamdallah said in a news statement after his meeting in the West Bank wit......【More】
2014-03-10Canadian Minister of Natural Resources Joe Oliver tells TheStreets Joe Deaux it wont allow Chinas state owned enterprises to invest in the Canadian oil sands as he says Canada has deemed it not of net benefit to the country. Oliver says it......【More】
2014-03-07While East Asian investment in Africa, particularly from China, is nothing new, Western influence in the political and social realms has traditionally been the dominant outside influence. However, Ugandan President Yoweri Musevenis passage......【More】
2014-03-06Chinas Sinopec Corp is seeking to buy crude oil at a lower price starting from April, Reuters reported Tuesday citing trade sources, as Asias biggest refiner aims for savings after spending nearly $150 billion on crude shipments last year.......【More】
2014-03-05China will abolish import duties on some important hi-tech equipment while reinstating others from March 1, to help accelerate the development of strategic industries, state news agency Xinhua said on Friday. Goods for which import duties h......【More】
2014-03-04China is set to beat its shale gas production target in 2015, after one of the countrys major oil firms moved a step closer in tapping into the new energy. China National Petroleum Corporation (CNPC), the countrys largest oil producer, has......【More】
2014-03-03ROC Oil has submitted an incremental development plan for the next stage of the Zhao Dong project offshore China. The aim is to maximize oil recovery from the fields between 2018 and 2023. This will require an extension of the production-sh......【More】
2014-02-28Clashes in the Taang region, also known as Palaung, of northern Shan State are due to increased militarisation around the Chinese Shwe gas pipeline project, according to the Palaung Womens Organisation. The Palaung Womens Organisation (PWO)......【More】
2014-02-27Sinopec Corp, Asias largest oil refiner, plans to restructure its retail and wholesale business and sell up to 30 percent of the unit as Chinas government promotes private investment in the countrys oil industry. The state-run companys boar......【More】
2014-02-26BP is shutting a fluid catalytic cracker (FCC) at its Whiting, Indiana, refinery for six weeks of planned work that starts today, a person familiar with operations said. The maintenance is being conducted on the No. 600 catalytic cracker, s......【More】
2014-02-25