GCC petrochemical companies are among the lowest cost manufacturers in the world owing to cheap feedstock and energy costs. Given their strategic location and development as a major transpor.........
see more >>Careless use of liquefied petroleum gas (LPG) caused a cylinder to leak, which triggered a deadly blast in an apartment building in the Northeast province of Heilongjiang, local authorities .........
see more >>Gasoline slid to a three-week low as slower job growth in the U.S. and accelerating inflation in China raised concern that global demand for fuel may shrink. Futures fell on the first tradin.........
see more >>Sinochem Corp, a subsidiary of state-owned Sinochem Group, Chinas largest agricultural chemical conglomerate, announced that it will issue RMB 3 billion worth of unsecured medium-term notes .........
see more >>China National Offshore Oil Corp (CNOOC) has started seismic operations at its first onshore shale gas project, the near monopoly in Chinas offshore oil and gas development said, joining oth.........
see more >>The smallest of the three major oil companies CNOOC 2011 net profit is once again approaching Sinopec. Report shows that, in accordance with international accounting standards, PetroChina, S.........
see more >>Chinese company PetroChina Daqing Tamsag leads in Mongolia with its oil exploration and exploitation. Its capacity increased in 2011 and on June 24 2011, agreed with Oil Authority of Mongoli.........
see more >>State-owned China Petroleum and Chemical Corporation (Sinopec Corp) is considering halting fuel sales to private gas stations in some parts of the country, representatives from the company t.........
see more >>Chinas Tianhe Gas will likely start its 300,000 cubic metre/day (cbm/day) liquefied natural gas (LNG) plant at Cangzhou in north Chinas Hebei province in the second half of April. Gas will b.........
see more >>Chinas two oil giants, PetroChina and Sinopec, are expected to improve their profit margins this year due to increased oil production and frequent fuel price hikes while losses in their refi.........
see more >>China natural gas consumption in 2011 was 134 billion cubic meters, up 20.6% year on year. During the same year, the nations natural gas production totaled 101.9 billion cubic meters, a 7.9%.........
see more >>PetroChina, the countrys dominant oil and gas producer, was shutting down an 80,000 barrels per day (bpd) crude oil distillation unit in its Jinzhou refinery on Friday for a one-month mainte.........
see more >>CNPC has been paying close attention to the development trend of new energy vehicles, including the possibility of equipping gas stations with charging stations,though in the short term, its.........
see more >>Sinopec posted a net profit of 71.7 billion yuan for 2011, after a weak fourth quarter reduced growth from 2010 to 1.4 percent, Beijing News reported. The refining operations made a 37.6 bil.........
see more >>PetroChina Co. purchased a diesel cargo for a second day for delivery into the Mediterranean at a higher price. Gasoline barges advanced to a record in northwest Europe. Gasoil moved into co.........
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