China's independent teapot refineries in eastern Shandong province have significantly expanded their capacities in the last few years ahead of an end-2013 deadline set by the government to eliminate smaller plants. In an effort to cool ...
Tags: Teapot, Fuel Oil, Refineries
Canada will continue to welcome Chinese investment and has taken concrete steps to facilitate capital inflow to further strengthen economic interdependence with China, Canadian Governor General David Johnston said on Saturday. A ...
Tags: Chinese Investment
China will raise electricity tariffs for power plants running on natural gas in at least eight provinces, the National Development and Reform Commission has announced. Prices of on-grid tariffs at gas-fired power plants will be raised in ...
Tags: Metallurgy, Mineral, Energy, power
Amid growing demand for natural gas, China's top economic planner has called for an increase in imports and stronger cooperation with Central Asian countries to ensure a stable supply in the coming winter. The National Development and ...
Tags: Gas Imports, natural gas
China's fuel oil imports in August fell to a near five-year low of 1.17 million mt amid continued weak demand from both the bunker market and independent teapot refiners, according to data released late Monday by the General Administration ...
China's top three oil and gas producers have signed up for bidding for a block of a deepwater oil field in Brazil, each. Brazil will hold a bidding for a pre-salt block in the Libra oil field and the first round is scheduled to be held on ...
Tags: Metallurgy, Mineral, Energy, gas, oil
China's fuel oil imports in July were flat from a year earlier, at 1.87 million mt, amid sustained weak demand for the fuel, detailed data released last week by the General Administration of Customs showed. The volumes refer to the fuel ...
Net profit at China National Offshore Oil Corp. (CNOOC) rose 7.9 percent in the first half of 2013, the company said Tuesday. Net profit hit 34.4 billion yuan (5.6 billion U.S. dollars) in the first half and sales revenue grew 15.8 ...
Tags: Offshore Oil, Oil, Metallurgy, Mineral, Energy
China National Offshore Oil Corp has received final government approval for its floating LNG project in China's eastern port city of Tianjin, the company said Wednesday. This will be China's first floating and regasification unit, with a ...
Tags: Metallurgy, Mineral, Energy, Oil Corp
China's state-owned offshore monopoly producer China National Offshore Oil Corp says it supports the Chinese government's position over Japan's recent protests about Chinese drilling activity in the East China Sea. "We do not understand ...
Tags: Drilling Rig, monopoly producer
China National Petroleum Corp. (CNPC) announced acquisition of a 20 percent stake in Novatek-led Yamal LNG project on June 24. The Chinese oil and gas producer said yesterday that it had signed an agreement with Novatek, the ...
Chinese oil and gas producers show rising interest in oil exploration and development in the arctic regions nowadays. An insider with China Petroleum Corp. (Sinopec Group), one of the top two oil and gas producers in the Chinese mainland, ...
Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group has announced that its subsidiary Chengde Iron and Steel Co. has received an order for 7,000 mt of rebar from China National Offshore Oil Corp. (CNOOC), one of China's major ...
Tags: CNOOC, Chengde Steel, Metallurgy
China's largest buyer of LNG, China National Offshore Oil Corp., is unlikely to seek additional spot cargoes before August as it has sufficient inventory from its term contracts, said industry sources Friday. A source close to the 2.8 ...
Tags: Spot LNG Cargoes, Chemicals
China National Offshore Oil Corp or CNOOC Group, the parent of listed arm CNOOC Ltd, refined 30.08 million mt (602,400 b/d) of crude last year, up 15.2% from 26.1 million mt in 2011, the company said in its 2012 sustainable development ...
Tags: Refining Throughput, Chemicals, OIL