China Oilfield Services Limited (COSL), a leading integrated oilfield services provider, posted a 31.7 percent year-on-year net profit increase as its exploration business expands.
LontohCoal, a South African coal company, planned to launch an initial public offering on the Main Board in Hong Kong in the second half of this year, chief executive officer Tshepo Kgadima said on Tuesday.
China is likely to raise the price of petroleum products as international oil prices continue to soar, Chinanews.com reported Tuesday.
China WindPower Group Limited, an investment holding company mainly engaged in wind power business and industry, said on Tuesday that it has proposed to conduct an international offering of RMB-denominated guaranteed bonds, targeting certain qualified institutional investors in Asia and Europe.
Alstom Grid, a division of Alstom SA of France, opened its China Technology Center in Shanghai on Friday to focus on the provision of strong and smart electrical grids.
China National Petroleum Corp (CNPC), the country's biggest oil and gas producer by volume, said it is evaluating losses made in Libya recently and its operations in the North African country had been halted after all of its more than 100 employees were evacuated from the country.
China Guangdong Nuclear Power Group Co, the majority owner of the Daya Bay plant near Hong Kong, is conducting safety checks on its power stations, including those under construction, following the Japan nuclear crisis.
Saudi Aramco and China National Petroleum Corp agreed to build a 200,000 barrel-a-day refinery in southern China as producers seek to meet rising fuel demand in the world's fastest-growing economy.
China's rising oil needs will not bear on the global supply, instead it will help to promote essential investments in the oil sector to boost efficiency and capacity, Saudi Aramco president said Monday.
Royal Dutch Shell is aming to spend $1 billion a year over the next five years on shale gas in China if its explorations works under way prove a success, Chief Executive Peter Voser told Reuters on Sunday.
PetroChina Co pledged to accelerate acquisitions of energy assets and develop the country's domestic resources of natural gas as demand for the fuel rises following Japan's nuclear reactor crisis.
China's largest direct-drive wind turbine recently passed a critical international test on its capacity to withstand power dips in the national grid, announced the Sino-German maker Friday.