ChinaOil Top Story archive

19 March 2019, Week 10, Issue 734

China’s national oil companies (NOCs) and other large state-owned enterprises (SOEs) will have to surrender more of their profits to the government to help pay for tax cuts, the chief of...

07 March 2019, Week 09, Issue 733

State-run PetroChina intends to spend billions on ramping up natural gas production at Chongqing municipality over the next few years.

28 February 2019, Week 08, Issue 732

Saudi Arabia will invest another US$10 billion in China’s refining and petrochemicals sector, this time in a partnership with state-owned military equipment manufacturer China North Industries...

14 February 2019, Week 06, Issue 730

State-run Sinopec revealed last week that output from its Shengli oilfield was well ahead of its target in 2018, with natural gas in particular overshooting by almost a third.

07 February 2019, Week 05, Issue 729

The Sulige South block in northern China pumped a record 2.24 bcm of gas in 2018, operator China National Petroleum Corp. (CNPC) revealed on February 1. This marked an 11% increase on the field’s...

31 January 2019, Week 04, Issue 728

The Chinese government intends to incorporate a national pipeline company in the first half this year – a long-awaited state-owned enterprise (SOE) that will operate the country’s oil and gas...

24 January 2019, Week 03, Issue 727

China National Offshore Oil Corp. (CNOOC) has started using its own LNG carrier to ship LNG to its customers in remote regions via inland rivers.

17 January 2019, Week 02, Issue 726

China will increase its refinery runs by 4.6% to 634.3 million tonnes (12.74 million bpd) in 2019, state-owned China National Petroleum Corp. (CNPC) has forecast.

10 January 2019, Week 01, Issue 725

China National Petroleum Corp.’s (CNPC) foreign production sharing partners have significantly increased their output, exceeding 10 million tonnes of oil equivalent (200,000 boepd) in 2018.

06 December 2018, Week 48, Issue 722

The Chinese government intends to trim the size of shale gas blocks awarded to independent developers during the second shale auction in 2012, after the winners universally failed to meet their...

29 November 2018, Week 47, Issue 721

Daqing Oilfield produced 30.87 million tonnes of oil equivalent (829,000 boepd) from its domestic and foreign operations in the first nine months of the year, Xinhua reported on November 28.

22 November 2018, Week 46, Issue 720

Sinopec has launched operations of the first phase of the Ordos-Anping-Cangzhou natural gas pipeline in northern China on schedule, it announced on November 16.

15 November 2018, Week 45, Issue 719

Hengli last week signed a crude purchase agreement with Saudi Aramco to take 6.5 million tonnes (130,000 bpd) of oil in 2019.

08 November 2018, Week 44, Issue 718

Several new shale gas production prospects have been identified in different parts of China following successful exploratory drilling.

01 November 2018, Week 43, Issue 717

The latest survey of China’s two main unconventional onshore gas resources has estimated that there are 152 tcm of potentially recoverable reserves. Meanwhile, the country’s undersea methane...