Data released by the National Development and Reform Commission shows that China produced 207 million metric tons of crude oil in 2012, up 1.9 percent year-on-year (YoY). China imported 271 million metric tons of crude oil, up 7.3 percent Y......【More】
2013-02-06If you are looking for bright spots in the global economy then the Gulf Oil States record $350 billion trade surplus is a standout. Other hydrocarbon producers like Russia also got this huge handout last year. It contrasts with the $117 bil......【More】
2013-02-05BEIJING: Chinas take over of Pakistans strategic Gwadar port is not aimed at encircling India, but the move is crucial to the countrys economic interests as it gives western China access to the Arabian Sea to access oil supplies from the Gu......【More】
2013-02-05Set to take over operations of Pakistans strategic Gwadar port in the Arabian Sea, China today said the move is part of the continued cooperation between the two countries. China and Pakistan are friendly neighbours. Chinese companies have......【More】
2013-02-04China National Offshore Oil Corps NYSE:CEO drilling subsidiary China Oilfield Services is actively planning new vessels to cope with higher demand offshore China, the company said in its annual strategy preview on Thursday. Its total capita......【More】
2013-02-04China National Petroleum Corp, or CNPC, could acquire a 30% stake in Ecuadors Refineria del Pacifico project, according to Rafael Poveda, the Andean countrys Minister Coordinator of Strategic Sectors. We are in talks for CNPC to have 30% st......【More】
2013-02-01Chinas merger and acquisition (MA) activity is expected to rebound this year, driven mainly by the overseas expansion ambitions of privately owned companies in the retail and consumer goods sector, global accounting firm PricewaterhouseCoop......【More】
2013-02-01Chinas Rise: Environment Climate ChangeChinas GDP has been growing at a rate of 10% a year for the past three decades. The country is rising quickly, no doubt. Some say Chinas pursuing the dream of becoming a global superpower, and some arg......【More】
2013-01-31Three Conservative MPs wrote to the prime minister and the industry minister to raise concerns about the contentious takeover of Calgary-based oil and gas producer Nexen by a Chinese state-run company, the CBC has learned. Documents obtaine......【More】
2013-01-31The worlds largest bulk shipper, China COSCO, now faces the risk of delisting for its Shanghai A-shares if it fails to turn around in 2013. The shipping conglomerate posted a net loss of 10.4 billion yuan ($1.7 billion) for 2011 and is expe......【More】
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