LOCATION :Home> Industry News

China says Tanzania on right track

CHINAS financial support in development of major infrastructure projects plays a significant role as Tanzania leaps forward to become the regional economic power house. Looking at the bigger picture, Tanzanias economic fortunes have been bo......【More】

2014-02-24

Eastern Chinese province bans new oil refining projects

Eastern Chinas Shandong province has banned approvals of new oil refining projects, a state oil major said, the latest move to tackle overcapacity in the second largest oil consumer, Reuters reported on February 19. The ban comes on the hee......【More】

2014-02-21

PetroChina, Sinopec expected to cut back on capital spending

PetroChina, which leads the worlds companies in capital expenditure, and fellow oil and gas producer China Petroleum Chemical (Sinopec) are expected to trim spending in the next few years. Contributing factors are flat oil prices, rising de......【More】

2014-02-20

Liao Yongyuan meets with RGE Group Chairman Sukanto Tanoto

On February 17 in Beijing, CNPC President Liao Yongyuan met with Sukanto Tanoto, Chairman of Singapores RGE Group. They exchanged views on cooperation in LNG receiving terminals, engineering construction, and LNG trade. PetroChina Vice Pres......【More】

2014-02-19

Holiday effect doesn't fully explain record Chinese imports of crude oil

Chinas record imports of crude oil last month have largely, and correctly, been dismissed by the market as being artificially boosted by restocking before the Lunar New Year holiday. However, there is always the danger that in attributing a......【More】

2014-02-18

Taiwan to import US shale gas from 2017

American shale gas will be imported to Taiwan as early as 2017, our sister paper Commercial Times reported on Feb. 13. A total of 800,000 tons of shale gas will be imported to Taiwan every year from 2017, said Lin Sheng-chung, president of......【More】

2014-02-17

Gas, diesel prices will see no change

The National Development and Reform Commission (NDRC) said Wednesday that there will be no change in the prices of gasoline and diesel this time. The price regulatory attributed this to the pricing regime which did not meet the standard. Ac......【More】

2014-02-14

Vietnam and China: A Dangerous Incident

In early January 2014, video of a recent CCTV4 documentary Blue Frontiers Guard appeared online, providing a detailed history of the China Marine Surveillance (CMS) spanning from roughly 2007 up until the present. The documentary, in Chines......【More】

2014-02-13

Jiujiang Petrochemical slashes LPG supply on unit maintenance

Sinopec Jiujiang Petrochemical in central China has reduced daily LPG supply to about 450 tonnes, down by roughly 44% or 350 tonnes because of temporary maintenance at a catalytic unit, a company source said on Monday. The catalytic unit wa......【More】

2014-02-12

N. Korea's crude oil imports from China rise 11.2 pct in 2013

Shipments of crude oil to North Korea from China increased 11.2 percent on-year in 2013, a South Korean government report showed Monday, the latest sign that Beijing still gives Pyongyang access to the vital commodity despite its defiant pu......【More】

2014-02-11