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New Oil terminal for China’s Chaozhou Port

CCCC Second Harbor Engineering to build new 400 million yuan facility for transfer and storage of oil products CCCC Second Harbor Engineering Co., Ltd. has agreed a contract with Yihua Petrochemical Co., Ltd. for the planning and design of......【More】

2013-12-04

PetroChina acquires 25 pct interest in Iraq oil field

PetroChina Company Limited (PetroChina) announced on Thursday that it had acquired a 25 percent interest in the Technical Service Contract (TSC) for the West Qurna-1 (WQ1) oil field in Iraq. PetroChina made formal delivery for the acquisiti......【More】

2013-12-03

Norway and China to explore offshore Iceland

Theres no stopping the ambition of China to seek out minerals in the Atlantic waters. News from Oslo, reported by Reuters, said the country would be teaming up with Chinese oil firm CNOOC to explore oil drilling in waters near Iceland. Desp......【More】

2013-12-02

China to be largest oil importer

China is expected to overtake the United States to become the worlds largest oil importer in the 2020s as emerging economies, instead of developed ones, will claim most of the worlds energy supplies, a report says. China will be the main co......【More】

2013-11-28

Botenear to highlight cippe2014

Beijing Botenear Petroleum Technology Co. Ltd.(hereafter refers to as Botenear) is going to take part in the 14th China International Petroleum Petrochemical Equipment and Technology Exhibition which will be kicked off on March 19-21, 2014.......【More】

2013-11-27

Honeywell to modernize petrochemical plants in China

Shanghai Honeywell has been selected by the Sinopec Maoming Company for business management and automation technology that will rejuvenate and improve operational performance at ageing petrochemical plants in Guangdong Province, China. Hone......【More】

2013-11-27

China to launch oil futures ASAP

China , the worlds biggest energy consumer, is pushing ahead with plans to introduce crude oil futures trading as early as possible, the Xinhua News Agency reported, citing the chairman of the Shanghai Futures Exchange . The bourse on Frida......【More】

2013-11-26

PetroChina's US unit poised for dream expansion

After moving its headquarters from New Jersey to Houston earlier this year, PetroChina International America Inc is primed to expand its trade in oil products, and more importantly, gain a firmer footing in North America by acquiring its ow......【More】

2013-11-25

China's oil cooperation with Iran transparent: spokesman

Chinas oil cooperation with Iran is transparent, open and reasonable, Foreign Ministry spokesman Hong Lei said on Thursday. Hong made the comments at a daily news briefing in response to a question on whether the decline in Chinas crude oil......【More】

2013-11-22

Keyuan Petro Q3 sales dip from production interruption

Keyuan Petrochemicals Inc. an independent manufacturer and supplier of various petrochemical products in China announced the Companys financial results for the quarter ended September 30th, 2013. Sales for the three months ended September 3......【More】

2013-11-21