Unipec not buying more crude to replace Libyan supply
2011-02-28 17:00:08
Unipec, the trading arm of top Asian refiner Sinopec, has so far declined Saudi Aramco's offer of more Saudi crude oil to replace Libyan crude supplies, Reuters reported citing trading sources Monday.
World's 1st 660kV transmission system sends power in China
2011-02-28 16:32:23
The world's first 660-kilovolt direct current power transmission system began to supply energy from Northwest China's Ningxia Hui Autonomous Region to the eastern Shandong province Monday.
China aims to reduce energy consumption by 16-17% in 5 yrs
2011-02-28 13:07:18
Chinese Premier Wen Jiabao said Sunday that the country aims to reduce energy consumption per unit of gross domestic product (GDP) by 16 to 17 percent by 2015 from 2011 levels.
China's energy consumption per unit of GDP drops 4% in 2010
2011-02-28 13:01:21
China's energy consumption per 10,000 yuan ($1,520) of gross domestic product went down 4.01 percent year-on-year in 2010, said the National Bureau of Statistics Monday.
Investors see bullish trend in the price of oil
2011-02-28 11:05:13
There are six significant factors to know about the rise in the price of oil when we look at the NYMEX West Texas Crude price chart:
Sinopec to import 4.3m tons of LNG from Aussie annually
2011-02-25 17:27:08
China Petrochemical Corporation (Sinopec) announced Friday that it has signed a heads of agreement with Australia Pacific LNG Pty Ltd (Australia Pacific LNG) establishing non-binding key commercial terms for the supply of up to 4.3 million tons per annum of liquefied natural gas (LNG) for 20 years.
Sinopec's biggest bonds sale as rates rise
2011-02-25 09:45:08
China Petroleum & Chemical Corp, Asia's largest refiner, is selling the world's biggest convertible bond issue of this year, raising money at a lower cost than by selling shares or plain debt.
CNPC, Total plan venture
2011-02-25 07:52:25
Companies are looking for official approval for natural gas project
'Cheap oil era gone': CNOOC boss
2011-02-24 07:51:38
Oil prices will keep their growth momentum in the long run , said Fu Chengyu, chairman of China National Offshore Oil Corporation.
Natural gas stockpiles crucial to energy security
2011-02-23 07:44:58
China must devise an emergency natural-gas storage plan during the 12th Five-Year Plan period (2011-2015), said a senior researcher at the country's energy think tank.
BHP pays $4.75b for Chesapeake's shale gas reserves
2011-02-23 07:44:58
BHP Billiton is buying shale gas reserves from Chesapeake Energy Corp for $4.75 billion, pitting itself for the first time against oil giants and China in the battle for the fast-growing energy source in North America.
CNPC plans to extend pipeline network
2011-02-22 07:53:11
Oil major aims to double the length laid during the past five years
