China
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.
News
April 29, 2016
Yamal LNG signed agreements for financing with two Chinese banks after more than a year of discussions after its biggest shareholder, Novatek OJSC, was targeted by U.S. sanctions.
News
April 28, 2016
Cnooc Ltd., China’s biggest offshore oil and gas explorer, reported a 31% decline in revenue and an increase in output amid a crash in crude prices.
News
April 26, 2016
China National Petroleum Corp. (CNPC), the country’s biggest oil and gas producer and the parent of PetroChina Co., said profit fell 52% as lower oil prices punished global explorers.
News
April 26, 2016
HONG KONG -- CNOOC’s Panyu 11-5 oil field has started production, the company said in a statement.
News
April 25, 2016
China, the world’s second-biggest crude consumer, may be poised for another increase in imports after the number of supertankers bound for the Asian country’s ports rose to a 16-month high amid signs it’s stockpiling.
