China
News
September 07, 2016
OPEC’s biggest producers are playing second fiddle to smaller suppliers in a coveted corner of the oil market.
News
September 07, 2016
As the world’s biggest crude producers stop short of taking action to address the global oversupply, output cuts by their largest customers are helping to mop up the glut.
News
September 01, 2016
BP has signed a second production sharing contract (PSC) for shale gas exploration, development and production with China National Petroleum Corporation (CNPC).
News
August 31, 2016
BEIJING (Bloomberg) -- China’s got the world puzzling over its oil hoard. From underground caverns by the Yellow Sea to a scattering of islands in the Yangtze River delta, the government has been stockpiling crude for emergencies in a network of storage sites dotted around the country.
News
August 26, 2016
China’s biggest oil company wants natural gas to account for half its output by the end of the decade.
News
August 25, 2016
After posting their worst-ever half-year results, two of China’s oil giants aren’t getting carried away by crude’s return to a bull market, forecasting a rocky path ahead.
News
August 17, 2016
A drilling contract has been awarded to the Frigstad Shekou, which is the first of two ultra deepwater semisubmersible drilling rigs, which were ordered by Frigstad Deepwater Ltd in December 2012.
News
August 03, 2016
The end of a dispute over prices from an offshore Chinese energy project resolves an overhang on shares of Husky Energy Inc. and prospects for natural gas development in the Asian nation.
News
July 26, 2016
China National Petroleum Corp. said its Changqing oil field, the country’s biggest crude and gas producer, rebounded from losses earlier this year to post a first-half profit amid reduced spending.
News
July 20, 2016
BEIJING (Bloomberg) -- China Petrochemical Corp. has shut some natural gas operations in central China after a landslide caused a pipeline fire Wednesday that killed two people.
News
June 30, 2016
One of the pillars of oil’s recovery from the lowest price in 12 years may be on the verge of crumbling.
News
June 29, 2016
China Gas Holdings Ltd. expects natural gas sales to grow 20% in the current fiscal year as lower prices and the country’s push to replace coal with cleaner fuels spur consumption.
News
June 27, 2016
Rosneft PJSC, the state-run crude producer that has helped turn Russia into the top oil supplier to China, aims to secure its hold by winning more clients and establishing new delivery routes amid increasing competition and stretched infrastructure.
News
June 24, 2016
Gazprom PJSC, the world’s top natural gas exporter, will keep pushing for a new contract with China as President Vladimir Putin travels to Beijing this week, even while the Asian nation’s worst economic slowdown in a quarter century batters demand.
News
June 20, 2016
Vladimir Putin is considering selling part of Russia’s corporate crown jewels to China and India as the president struggles to meet spending commitments before his possible re-election bid in less than two years.
News
June 13, 2016
China’s crude production dropped by the most in 15 years in another sign that OPEC’s strategy of flooding markets to drive out higher-cost suppliers is working in the world’s biggest energy consumer.
News
May 24, 2016
In late February, the tanker Jag Lok loaded oil from Equatorial Guinea in western Africa and set sail for the Chinese port of Qingdao, the gateway to the world’s newest buyers of crude, a journey of more than 12,000 nautical miles.
News
May 23, 2016
Recently, China Oilfield Services Limited (COSL) was awarded a contract for 3D seismic acquisition, covering a total area of more than 4,000 km2 in Arctic waters, which has become COSL’s first great order for 3D seismic operations in Arctic waters.
News
May 16, 2016
China’s tumbling crude production amid record-high demand from its oil refineries is helping tighten a global market recovering from a glut.
News
May 12, 2016
China National Petroleum Corp., the country’s biggest oil and gas producer, will start laying a second domestic oil pipeline in June to allow for increased Russian crude supplies to flow to China’s northeastern city of Daqing.
News
May 04, 2016
China’s falling oil output and sliding U.S. production may help rebalance a market struggling to recover from the worst price crash in a generation, according to Standard Chartered Plc.
