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Oil Corp
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China's Crude Oil Imports in March Edged up 0.9%
Apr 15, 2014China's crude oil imports in March edged up 0.9% year on year to 23.25 million mt or an average 5.5 million b/d, according to preliminary data released Thursday by the General Administration of Customs. The imports were down 8.8% from ...
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South Korea's Imports of Iranian Crude Oil in February More Than Doubled
Mar 27, 2014South Korea's imports of Iranian crude oil in February more than doubled to 8.140 million barrels, or 290,714 b/d, compared with 3.974 million barrels a year earlier, data released Tuesday by state-run Korea National Oil Corp. showed. ...
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Some of China's Private Gas Distribution Companies Are Becoming Increasingly Ambitious
Mar 20, 2014Not content with selling gas domestically, some of China's private gas distribution companies are becoming increasingly ambitious and are planning to enter the LNG import business, competing directly with state-owned LNG buyers such as ...
Tags: Gas, LNG Imports, Natural Gas
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China's Refinery Crude Throughput Dipped 1%
Mar 18, 2014China's refinery crude throughput over January and February dipped 1% year on year to 78.78 million mt, or an average of 9.79 million b/d, according to preliminary data from the country's National Bureau of Statistics released Thursday. ...
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CNOOC Partnered with Iceland's Eykon Energy to Explore Oil and Gas Resources
Mar 10, 2014China National Offshore Oil Corp (CNOOC), the country's largest offshore oil and gas developer, has become the first Chinese firm licensed to look for oil in the Arctic, a landmark step for overseas energy exploration for the world's ...
Tags: Arctic Oil, Mineral
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India's State-Owned Refiners Are Expected to Turn in a Profit for The Full Year
Feb 19, 2014India's state-owned refiners, who have all posted net losses over the first nine months of fiscal year 2013-2014 (April-March), are expected to turn in a profit for the full year as the government is likely to fully compensate them for ...
Tags: Refiners, Full-Year Losses
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The Ugandan Government Has Signed a Long Awaited Deal with UK-Based Tullow Oil
Feb 10, 2014The Ugandan government has signed a long awaited deal with UK-based Tullow Oil, Total and China National Offshore Oil Corp, to develop its oil sector, paving the way for the country's first commercial crude production. The pact details ...
Tags: Oil Development, Mineral
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Africa's Biggest Oil Producer Seeks Balance Between Profits & Benefits in Emerging Markets
Jan 24, 2014Africa's biggest oil producer seeks balance between its profits and benefits in emerging markets such as China As Nigeria's government prepares to implement the Petroleum Industry Bill that will provide "long-term" investment prospects, ...
Tags: oil producer, Mineral
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CNOOC Has Signed an Agreement with a Taiwanese Company to Help Promote LNG
Jan 23, 2014China National Offshore Oil Corp has signed an agreement with a Taiwanese company to help promote LNG in Taiwan's Kinmen county. Shinfox Corp. confirmed Monday that it had signed a framework agreement on Friday with CNOOC's majority-owned ...
Tags: spot cargoes, Chemicals
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China Is Targeting to Raise Its Synthetic Coal-to-Gas Output to 50 Billion Cubic Meters
Jan 20, 2014China is targeting to raise its synthetic coal-to-gas output to 50 billion cubic meters by 2020, accounting for over 12% of domestic supply, an official with the National Energy Administration said Wednesday. But actual output may fall ...
Tags: Coal-to-Gas Output, Energy
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GE Energy Financial Services Formed Its Third Partnership with a Vess Oil Corp
Jan 10, 2014GE Energy Financial Services, a unit of GE (NYSE:GE), has formed its third partnership with a Vess Oil Corp. affiliate to purchase oil reserves in East Texas for $108 million. The partnership is acquiring approximately 13,000 net acres and ...
Tags: GE Energy Financial Services, Vess Oil, East Texas, oil reserves
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Petroamerica Oil Corp. Announces The Start-up of Production at Its La Casona Discovery
Dec 16, 2013Petroamerica Oil Corp. (TSX-V:PTA)。("Petroamerica" or the "Company"), a Canadian oil and gas company operating in Colombia is pleased to announce the start-up of production at its La Casona discovery and that the Rumi-1 exploration ...
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Africa Oil Corp. Would Like to Provide The Following Operational Update on Its Activities
Dec 11, 2013Africa Oil Corp. ("Africa Oil" or the "Company") would like to provide the following operational update on its activities in Kenya and Ethiopia. Drilling operations continue with strong community support in the South Lokichar basin in ...
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Chinese Shipbuilders Are Looking to Stay Afloat
Dec 9, 2013With many Chinesecearning capability being squeezed by low technical content, appreciation of the renminbi and blind expansion, Chinese shipbuilders are looking to stay afloat by building more maritime engineering products. A recovery is ...
Tags: oil, shipbuilder
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The Tax Exemption Will Be Granted to Pipeline Imports From Myanmar
Dec 9, 2013China is extending an existing tax exemption on imported gas to new sources of foreign pipeline gas and imported LNG. The Ministry of Finance announced on Monday that the tax exemption will be granted to pipeline imports from Myanmar, ...
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