




China Petrochemical Corp, also known as Sinopec Group, has agreed to buy a block of oil in Nigeria for $2.46 billion. Sinopec, Asias largest petroleum and petrochemical company, reached the .........
see more >>The Sudanese and Chinese governments agreed Saturday to upgrade the Khartoum Oil Refinery and increase its output capacity. The agreement was reached by Sudanese Petroleum Minister, Dr. Awad.........
see more >>In yet another sign of thawing ties across the Taiwan Strait, the Wall Street Journal is reporting that two state-owned energy firms are to jointly explore for natural gas in the strait. Chi.........
see more >>Chinese refiners have finalised annual crude supply deals for next year with OPEC producer Kuwait at volumes steady with this year, but at least one company has agreed to take more oil from .........
see more >>Chinese trader Sinochem expects to raise its 2013 term contract purchase volume for crude oil to roughly 600,000 b/d, up from 500,000 b/d this year, its head of trading said Thursday. Zhong .........
see more >>China will become the main customer for Iraqi oil by the 2030s, with the Middle Eastern country overtaking Russia to become the worlds second-largest oil exporter by then, the International .........
see more >>This was the month that Chinas quest for a consistent energy supply from Canada (a quest that would put competitive pressure on Australian LNG) was supposed to be cemented by the Canadian go.........
see more >>Chinese energy giant CNOOC Ltd. ( CEO ) has come across a big gas field in the Yinggehai basin in the South China Sea, as reported by the chairman of its parent company - China National Offs.........
see more >>Refineries owned by Chinas two oil giants, PetroChina Co Ltd and Sinopec Corp, plan to process some 31 million metric tons of crude oil in November, according to ICIS C1 Energy, a Shanghai-b.........
see more >>U.S. stocks and oil prices gained on Friday on a rise in U.S. consumer sentiment to a more than five-year high, outweighing gloom that the fiscal cliff in the United States and Europes econo.........
see more >>The Chief Executive of French oil major Total (TOTF.PA) said he would not deny a report that the firm was in talks to sell assets in Nigeria, worth about $2.4 billion, to Chinas Sinopec. A B.........
see more >>Singapore palm oil firm Wilmar International Ltd beat forecasts with a 26 percent rise in third-quarter net profit, helped by its sugar business and a rebound at its oilseeds and grains unit.........
see more >>OPEC on Thursday cut its medium-term global oil demand forecast due to the impact of euro zone debt crisis and the economic weakness. The OPEC annual World Oil Outlook report, officially rel.........
see more >>A top legislator in Canadas ruling Conservative Party on Tuesday made public his fierce opposition to a bid by Chinas CNOOC Ltd for Nexen Inc , underlining the political challenges facing Ot.........
see more >>The Chinese central government will offer subsidies to energy companies involved in developing shale gas, in an effort to encourage the exploration and development of the unconventional fuel.........
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