Industry News|cippe Zhenwei Shanghai Petrochemical Show|ZHENWEI EXPO

China’s Cnooc shelves shale project

China National Offshore Oil Corp (Cnooc) has decided to shelve its shale gas project in Anhui province in the latest sign that the shale gas revolution that transformed the US energy industry is unlikely to replicate itself in China. Chines......【More】

2015-03-31

Uzbekistan to start building new pipeline to China this year

Uzbekistan plans to begin building the fourth line of a gas pipeline to China at the end of 2015, national oil and gas company Uzbekneftegaz told Interfax. The preliminary feasibility study for the project is being prepared, a spokesman for......【More】

2015-03-30

The largest petroleum exhibition will held in Beijing Green manufacturing attracts great attention

Our reporter has learned from China Petroleum and chemical industry association (CPCIF) that the largest petroleum exhibition--The 15th China International Petroleum Petrochemical Technology and Equipment Exhibition (cippe2015)will be held......【More】

2015-03-25

Analyzing Prices For Asian LNG Markets

Crude oil is not the only hydrocarbon-based fuel to undergo a sharp price decline in the last six months. Spot prices of Asian-traded Liquefied Natural Gas (LNG) are following crudes downward trend and are now down to around 50 percent of w......【More】

2015-03-24

CNPC opens oilfields to private firms

The resource-rich Xinjiang Uygur autonomous region in western China will become the center of reform for state-owned energy companies this year with the launch of a pilot project by the countrys biggest oil and gas producer in the region. C......【More】

2015-03-23

KOE—Make Our China Offshore Engineering Equipment

Keen Offshore Engineering CO., Ltd. (KOE), founded in August 2007, whose original name Guangdong Jingyin Machinery Co., Ltd. (JYM) is one of the best heavy machinery manufacturer in Southern China. The Company had been well-developed as a p......【More】

2015-03-20

Oil producer Nexen cuts workforce by 400

Alberta-based oil and gas producer Nexen will lay off 400 workers, the company announced Tuesday. Nexen is a wholly-owned subsidiary of CNOOC Limited, one of Chinas major national oil companies. The company said it would reduce its North Am......【More】

2015-03-20

Xinjiang to be at the heart of reforms of major State-owned energy firms

An employee of a subsidiary of CNPCs oilfield operations in the Xinjiang Uygur autonomous region inspects pumping equipment. CNPC will make available a 49 percent stake in its oilfields in Xinjiang to other investors. The resource-rich Xinj......【More】

2015-03-19

Sinopec to team up on wastewater solution

Sinopec is working with a specialist company on researching advanced wastewater treatment solutions and is likely to sign a contract for collaboration on the research project this summer, a senior Sinopec engineer at the Fuling shale gas fi......【More】

2015-03-18

Domestic fuel prices could fall next week

Gasoline and diesel prices in Taiwan could fall next week after international crude oil prices edged lower over the past week, market sources said Friday. Based on a floating pricing mechanism used by state-owned oil supplier CPC Corp., dom......【More】

2015-03-17