News
March 05, 2019
China announced it will form a national oil and pipeline company, the first public acknowledgment of the massive energy industry overhaul planned since at least 2014.
News
March 04, 2019
Oil climbed as the U.S. and China were said to be near a settlement of a trade dispute that threatened to erode energy demand in the world’s largest economies.
News
March 03, 2019
South Sudan called on China National Petroleum Corp. to expand crude production by exploring more fields, while promising to protect the company’s interests in the African country.
News
February 26, 2019
The backlash against shale drilling in earthquake-prone regions -- a thorn in the side of U.S. energy companies for the past decade -- reached China this week after a series of temblors killed two people and reduced homes to rubble.
News
February 26, 2019
The backlash against shale drilling in earthquake-prone regions reached China after a series of temblors killed two people and reduced homes to rubble.
News
February 25, 2019
Strong demand for cleaner-burning fuel in Asia continued to drive rapid growth in liquefied natural gas (LNG) use in 2018, with global demand rising by 27 MMt to 319 MMt, according to Shell’s latest annual LNG Outlook.
News
February 20, 2019
Benthic, a global geosciences company, partnered with Asian Geos Sdn Bhd (Asian Geos), has successfully completed its geotechnical investigation in the Limbayong Field, offshore East Malaysia for PETRONAS Carigali Sdn Bhd (PETRONAS Carigali).
News
February 19, 2019
An oil discovery in a remote corner of northwestern China could trigger a surge in shale drilling, benefiting service companies and providing a needed output boost for the world’s biggest importer.
News
February 19, 2019
SKK Migas has confirmed a gas discovery at the Repsol-operated Sakakemang PSC, onshore Central Sumatra, Indonesia, according to Wood Mackenzie's research director Andrew Harwood.
News
February 18, 2019
McDermott International, Inc. has announced two sizeable contracts, one from Sarawak Shell Berhad (SSB) and one from Sapura Exploration and Production (SEP), to provide transportation and installation of offshore structures, pipelines and pre-commissioning work for the Pan Malaysia field development located off the shore of Sarawak, Malaysia.
News
February 13, 2019
Oil climbed for a second day after Saudi Arabia pledged to deepen production cuts and U.S. President Donald Trump said he might extend a deadline for additional tariffs on China.
News
February 12, 2019
U.S. sanctions that have effectively blocked American imports of Venezuelan oil are leading to a crude-price surge thousands of miles away in China.
News
January 29, 2019
Crude skidded to its worst loss in a month as disappointing corporate profit forecasts stoked concern about the economy, bruising a market already anxious about booming American oil supplies.
News
January 24, 2019
A possible move by Donald Trump to hurt Venezuela’s oil industry could prove a shot in the arm for the Xi Jinping and Narendra Modi administrations.
News
January 23, 2019
Crude prices fell to the lowest level in almost a week as China warned of “serious challenges” to the global economy and the U.S. government shutdown cast a pall over growth.
News
January 22, 2019
Oil slumped by the most in almost a month as economic warning signs flashed from Chinese trade talks to the U.S. housing market.
News
January 18, 2019
Oil prices climbed to a two-month high as China was said to offer a trillion-dollar buying spree to defuse trade tensions with the world’s biggest economy.
News
January 17, 2019
Oil’s after-market rebound waned Thursday after the U.S. Treasury Department disputed a report that the Trump administration might ease trade tariffs against China.
News
January 16, 2019
CNOOC has announced that Huizhou 32-5 oilfield comprehensive adjustment/Huizhou 33-1 oilfield joint development project has commenced production.
News
January 15, 2019
Oil climbed as investors anticipated another decline in U.S. crude inventories and China promised to slash taxes to avert an economic slowdown.
News
January 14, 2019
The need to fill new and old gas infrastructure will see the drilling of exciting offshore prospects across Australia, Brunei, Malaysia, Myanmar, Pakistan and Papua New Guinea.
