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Don't discount Chinese shale-gas boom

DONT write off a Chinese shale gas boom just yet, despite disappointing early results, because the Asian powerhouse will find ways to produce from its vast resources, one of the worlds leading consulting firms, AT Kearney, has warned. And,......【More】

2014-02-10

Oil prices dip as weak figures from China fuel concerns over energy demand

New Yorks main contract, WTI for March delivery, dipped to US$96.9, while Brent North Sea crude for March was dip to US$106.1. Oil prices eased in Asia, as data showing weak Chinese manufacturing activity fuelled concerns over energy demand......【More】

2014-02-08

South Sudan conflict hurting China's oil interests

The damage to Chinas oil interests in South Sudan has been exacerbated by the conflict that recently engulfed the nascent African country, but problems can be traced further back, claims the Guangzhou-based South Reviews. Armed conflict bro......【More】

2014-02-07

BASF, Sinopec begin building China isononanol site

BASF and Chinas Sinopec broke ground Friday on the construction of its world-scale isononanol (INA) plant in the Maoming Hi-tech Industrial Development Zone in Maoming, China. At start-up in 2015, the plant, which is the first of its kind i......【More】

2014-01-27

LNG potential in China huge, says major industry expo organizer

China has huge potential for liquefied natural gas (LNG) development, according to the organizer of an international industry event underway. Pat LaStrapes, vice-chairman of the World LNG Fuels 2014 event committee, told Xinhua he saw the L......【More】

2014-01-26

China sees record crude oil imports from Kazakhstan

China saw a rise in crude oil imports from Kazakhstan last year via a transnational pipeline to the Xinjiang Uygur Autonomous Region. Oil imports hit a record high of 11.85 million tonnes in 2013 through the China-Kazakhstan Pipeline, up 14......【More】

2014-01-24

Shanghai shipyard to build LNG barge for Andhra Pradesh

A Shanghai-based firm will build and supply a barge-based floating LNG regasification unit to be installed offshore Andhra Pradesh. Wison Offshore Marine said on Tuesday it has signed a binding agreement with Indian-owned Vessel Gasificatio......【More】

2014-01-23

CNOOC targets higher output in 2014

China National Offshore Oil Corporation (CNOOC) Limited, a Hong Kong-listed subsidiary of Chinas largest offshore oil producer CNOOC, announced on Monday that it is targeting a net production between 422 and 435 million barrels of oil equiv......【More】

2014-01-22

China to provide LNG to Taiwan's island county

China is expected to start sending liquefied natural gas (LNG) to Taiwans outlying Kinmen county in early 2015 under an agreement signed Friday, making LNG the second natural resource after water to be provided to the island chain by its fo......【More】

2014-01-21

Sinochem says new 240,000-bpd Quanzhou refinery starts test runs

State-run Sinochem Corps first fully owned greenfield refinery, the 240,000 barrels-per-day Quanzhou plant, has started test runs, the company said on its website on Friday. The refinery, in the southeast coastal province of Fujian, is expe......【More】

2014-01-20