China National Petroleum Company , a main oil investor in South Sudan, is evacuating oil workers to the capital, Juba, amid continued fighting in the worlds newest country, a company official and state media said on Friday. State news agenc......【More】
2013-12-24Formosa Chemicals Fibre Corp on Friday said it plans to sell a maximum of 51.6 million shares of affiliate Formosa Petrochemical Corp by the end of the second quarter next year. The announcement, made by the supplier of aromatics and styren......【More】
2013-12-23Siemens Energy has won the first Decentralized Energy (DE) demonstration project in Guangdong Province and will provide two SGT-400 gas turbines units for Guangzhou Aotou Decentralized Energy Station. The customer is Guangzhou Electric Deve......【More】
2013-12-20The Chinese government has questioned two more executives from China National Petroleum Corp as part of a wider graft investigation into the state energy giant, two people with knowledge of the matter said. CNPC and its listed unit PetroChi......【More】
2013-12-19As Chinas air quality continues its drastic deterioration, the country is sparing no effort in looking for ways out of the dilemma. A recent report shows that natural gas, which is much more efficient and emits much less greenhouse gas comp......【More】
2013-12-18Myanmar-China natural gas pipeline project is a cheat to the Myanmar society, say locals and law experts at a press conference titled Development and Responsible Investment held in Yangon yesterday. They also expressed disappointment over t......【More】
2013-12-17Global miner BHP Billiton said Wednesday that its U.S. shale oil business would be one of its major cash flow generators by 2020, contributing almost 3 billion U.S. dollars a year to the company by the end of the decade. BHP Billiton plans......【More】
2013-12-12U.S. oil prices rose to a one-month high Tuesday as traders anticipated domestic storage data would show greater demand for crude. Oil for January delivery gained $1.17, or 1.2%, to end at $98.51 a barrel on the New York Mercantile Exchange......【More】
2013-12-11The export and import value of the petrochemical industry in China climbed 2.3% year on year to US$334.6 billion in the first ten months of this year, according to the latest statistics released by the National Development and Reform Commis......【More】
2013-12-10China has launched a nationwide probe into the safety of its oil and gas pipelines following a deadly blast that killed 62 people in the eastern coastal city of Qingdao last month, the countrys safety watchdog said on Friday. The investigat......【More】
2013-12-09