ChinaOil Top Story archive

22 February 2018, Week 07, Issue 681

China is set to expand the use of ethanol for blending in gasoline this year, in line with plans announced by the government last autumn.

15 February 2018, Week 06, Issue 680

China established itself as the world’s largest importer of crude in January with shipments increasing by 19.4% year on year to a record high of 40.64 million tonnes (9.61 million bpd), according...

08 February 2018, Week 05, Issue 679

China’s exports of refined fuel are to continue growing in the medium to long term, state-run Sinopec has forecast.

01 February 2018, Week 04, Issue 678

China is expanding shale gas exploration and production into new regions this year as Beijing’s 2020 deadline for achieving 30 bcm per year of shale production approaches.

25 January 2018, Week 03, Issue 677

China’s booming petrochemicals industry saw its overall profits rise by 30% in 2017, the highest in six years, state media reports said.

18 January 2018, Week 02, Issue 676

Sinopec has committed to investing 6 billion rand (US$488.2 million) to upgrade and modernise Chevron South Africa’s (CSA) refinery in Cape Town if its bid to acquire control of the company...

11 January 2018, Week 01, Issue 675

China’s capacity for importing Russian crude from eastern Siberia has doubled to 30 million tpy (600,000 bpd) with the opening of a second pipeline, Xinhua state news agency reported last week....

21 December 2017, Week 50, Issue 674

China National Offshore Oil Corp. (CNOOC) has rented a convoy of 100 trucks to transport LNG from its main receiving terminals in southern China to alleviate gas shortages in the north. Northern...

14 December 2017, Week 49, Issue 673

China’s headlong dash for gas has turned into a logistical nightmare for central and local governments as well as the country’s state energy majors, which have been caught without enough of the...

07 December 2017, Week 48, Issue 672

State-owned China Energy Reserve and Chemicals (CERCG) has withdrawn its A$430 million (US$325.4 million) takeover offer for Australia’s AWE.

30 November 2017, Week 47, Issue 671

Russia held its spot as largest oil exporter to China for the eighth consecutive month in October, data released last week by the Chinese General Administration of Customs (GAC) show. Russia’s...

23 November 2017, Week 46, Issue 670

China’s crude oil production has continued to fall this year on the back of reduced development spending at mature onshore fields as well as natural declines at offshore projects.

16 November 2017, Week 45, Issue 669

China surprised energy markets twice over the past week, hiking the crude import quotas for independent refiners by more than anticipated and also doling out unexpectedly generous fuel export...

9 November 2017, Week 43, Issue 667

The third-quarter rise in profits announced by China’s three national oil companies (NOCs) coupled with higher crude prices will lead to increased capital expenditure in 2018, a report said.

02 November 2017, Week 43, Issue 667

China’s commercial stockpiles of diesel fell to a 10-month low in September as an oversupply of fuel on the domestic market continued to ease, state-run news service Xinhua said on October 27.