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China Firm To Establish $4.5 Billion Refinery At Sri Lanka Port: Minister
The Sri Lankan Cabinet has given clearance to allow China's energy major Sinopec to establish a new USD 4.5 billion petroleum refinery plant at the strategic Hambantota port in the island nation, Energy Minister Kanchana Wijesekara said on Monday.
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China Is Drilling Another 10,000-Metre Hole. This One Is For...
China has begun drilling a 10,000-meter hole in the ground for the second time this year as it seeks ultra-deep reserves of natural gas. China National Petroleum Corp. on Thursday began drilling the Shendi Chuanke 1 Well in Sichuan province.
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31 Killed After LPG Leak Sets Off Explosion In China Restaurant
At least 31 people were killed when a gas explosion ripped through a barbecue restaurant in the northwestern Chinese city of Yinchuan, state media said Thursday.
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Centre's Assurance After Attack On Saudi Facilities Halves Output
Union Petroleum Minister Dharmendra Pradhan on Monday said that oil supplies to India will not be disrupted after an attack on Saudi Arabian oil facilities over the weekend halved the kingdom's production.
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India's BPCL Buys American Oil Headed To China, Diverted After Tariffs
An Indian state-owned refiner has swooped in to buy American oil that was en route to China but due to arrive after new tariffs kicked in.
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Chinese Firm Suspends Venezuelan Oil Loading Over US Sanction Fears
China National Petroleum Corp, a leading buyer of Venezuelan oil, has halted August loadings following the latest set of U.S. sanctions on the South American exporter, two Beijing-based senior sources with direct knowledge of the matter told Reuters on Monday.
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Malaysia Seizes $240 Million From Chinese State Firm's Account: Report
Malaysia has seized more than 1 billion ringgit ($243.25 million) from a bank account of state-owned China Petroleum Pipeline Engineering Ltd (CPP), the Straits Times newspaper said on Saturday.
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Shell Subsidiary Receives Oil Products Wholesale License In China
Shell China, a unit of Royal Dutch Shell, said on Monday that its Zhejiang-based subsidiary Shell (Zhejiang) Petroleum Trading Ltd Co has received a license to trade refined oil products in China. The license will allow Shell to trade oil products in the wholesale market, according to a press release from Shell China, expanding its business beyond ...
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China And India Compete In New Area: Abu Dhabi Oil Fields
A stake in the offshore oil concession that's set for renewal in March would mark a second big win of crude development rights in the emirate for China National Petroleum Corp.
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China Follows UN Sanctions With Bans, Limits On Fuel Products To North Korea
China said on Saturday it will ban exports of some petroleum products to North Korea, as well as imports of textiles from the isolated North, in line with a United Nations Security Council resolution passed after Pyongyang's latest nuclear test.
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China Processing Graft Case Against Security Boss's Ex-Mistress: Reports
Chinese judicial authorities are processing a corruption case against a one-time mistress of the country's disgraced top security boss, a state-run Beijing newspaper reported today.
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Beijing Shivers As Natural Gas Import Delay Turns Down Heat
Beijing ordered offices to cut heating to as low as 14 degrees Celsius (57 Fahrenheit) in response to a natural-gas shortage that resulted from import delays by PetroChina Co.
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Nepal Signs Deal With China for Supplies as Fuel Crisis Deepens
Nepal signed a deal with China today to import petroleum products, its embassy in Beijing said, as the Himalayan nation tries to boost supplies to deal with a deepening fuel crisis.
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Japan, Philippines Defy China With Second Spy Plane Flight
Japan and the Philippines flew patrol planes near disputed South China Sea waters for the second straight day today, defying Chinese warnings.
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China's Former Security Chief Zhou Yongkang Jailed for Life
Former Chinese security chief Zhou Yongkang, the highest ranking ex-official to be investigated for corruption in decades, was sentenced today to life in prison at a secret trial, state-media said.
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China Firm To Establish $4.5 Billion Refinery At Sri Lanka Port: Minister
The Sri Lankan Cabinet has given clearance to allow China's energy major Sinopec to establish a new USD 4.5 billion petroleum refinery plant at the strategic Hambantota port in the island nation, Energy Minister Kanchana Wijesekara said on Monday.
-
China Is Drilling Another 10,000-Metre Hole. This One Is For...
China has begun drilling a 10,000-meter hole in the ground for the second time this year as it seeks ultra-deep reserves of natural gas. China National Petroleum Corp. on Thursday began drilling the Shendi Chuanke 1 Well in Sichuan province.
-
31 Killed After LPG Leak Sets Off Explosion In China Restaurant
At least 31 people were killed when a gas explosion ripped through a barbecue restaurant in the northwestern Chinese city of Yinchuan, state media said Thursday.
-
Centre's Assurance After Attack On Saudi Facilities Halves Output
Union Petroleum Minister Dharmendra Pradhan on Monday said that oil supplies to India will not be disrupted after an attack on Saudi Arabian oil facilities over the weekend halved the kingdom's production.
-
India's BPCL Buys American Oil Headed To China, Diverted After Tariffs
An Indian state-owned refiner has swooped in to buy American oil that was en route to China but due to arrive after new tariffs kicked in.
-
Chinese Firm Suspends Venezuelan Oil Loading Over US Sanction Fears
China National Petroleum Corp, a leading buyer of Venezuelan oil, has halted August loadings following the latest set of U.S. sanctions on the South American exporter, two Beijing-based senior sources with direct knowledge of the matter told Reuters on Monday.
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Malaysia Seizes $240 Million From Chinese State Firm's Account: Report
Malaysia has seized more than 1 billion ringgit ($243.25 million) from a bank account of state-owned China Petroleum Pipeline Engineering Ltd (CPP), the Straits Times newspaper said on Saturday.
-
Shell Subsidiary Receives Oil Products Wholesale License In China
Shell China, a unit of Royal Dutch Shell, said on Monday that its Zhejiang-based subsidiary Shell (Zhejiang) Petroleum Trading Ltd Co has received a license to trade refined oil products in China. The license will allow Shell to trade oil products in the wholesale market, according to a press release from Shell China, expanding its business beyond ...
-
China And India Compete In New Area: Abu Dhabi Oil Fields
A stake in the offshore oil concession that's set for renewal in March would mark a second big win of crude development rights in the emirate for China National Petroleum Corp.
-
China Follows UN Sanctions With Bans, Limits On Fuel Products To North Korea
China said on Saturday it will ban exports of some petroleum products to North Korea, as well as imports of textiles from the isolated North, in line with a United Nations Security Council resolution passed after Pyongyang's latest nuclear test.
-
China Processing Graft Case Against Security Boss's Ex-Mistress: Reports
Chinese judicial authorities are processing a corruption case against a one-time mistress of the country's disgraced top security boss, a state-run Beijing newspaper reported today.
-
Beijing Shivers As Natural Gas Import Delay Turns Down Heat
Beijing ordered offices to cut heating to as low as 14 degrees Celsius (57 Fahrenheit) in response to a natural-gas shortage that resulted from import delays by PetroChina Co.
-
Nepal Signs Deal With China for Supplies as Fuel Crisis Deepens
Nepal signed a deal with China today to import petroleum products, its embassy in Beijing said, as the Himalayan nation tries to boost supplies to deal with a deepening fuel crisis.
-
Japan, Philippines Defy China With Second Spy Plane Flight
Japan and the Philippines flew patrol planes near disputed South China Sea waters for the second straight day today, defying Chinese warnings.
-
China's Former Security Chief Zhou Yongkang Jailed for Life
Former Chinese security chief Zhou Yongkang, the highest ranking ex-official to be investigated for corruption in decades, was sentenced today to life in prison at a secret trial, state-media said.
