ChinaOil Top Story archive

26 October 2017, Week 42, Issue 666

State-run Sinochem has reportedly tapped three banks to work on a potential Hong Kong listing of its oil assets.

19 October 2017, Week 40, Issue 664

China’s purchases of crude oil for the sake of building its stocks have helped ease the oil market towards balance, the International Energy Agency (IEA) said in this month’s Oil Market Report. ...

12 October 2017, Week 40, Issue 664

The Sri Lankan government last week rejected a proposal by a Chinese consortium to build a 100,000 bpd refinery near the southern port of Hambantota, which is slated to be a strategic piece in...

05 October 2017, Week 39, Issue 663

Sinopec is set to become the second state-run Chinese major after PetroChina to enter the retail fuel market in Singapore. It has purchased two properties in the city state since the beginning of...

28 September 2017, Week 38, Issue 662

The Sri Lankan government revealed last week that it was considering a Chinese bid for the construction of a new oil refinery on the southern coast of the island.

21 September 2017, Week 37, Issue 661

While Canada’s Alberta Province has been making enthusiastic noises about the attractiveness of its oil and gas plays to potential Asian partners, enthusiasm for British Columbia’s LNG sector has...

14 September 2017, Week 36, Issue 660

CEFC China Energy, a Shanghai-based oil and financial conglomerate, has snapped up a stake in Russia’s biggest oil producer, Rosneft, in a deal worth US$9.1 billion.

07 September 2017, Week 35, Issue 659

State-run Sinopec has made a shale gas discovery in Chongqing City, in southwest China, according to the company’s website.

31 August 2017, Week 34, Issue 658

A three-year investigation by Chinese prosecutors has resulted in charges against the Singapore office of Swiss trader Trafigura and a Beijing-based staff member with allegations of fabricating...

24 August 2017, Week 33, Issue 657

China Offshore Oil Engineering Corp. (COOEC), a subsidiary of China National Offshore Oil Corp. (CNOOC), said last week that it had completed the last two core kit modules for the Yamal LNG plant...

17 August 2017, Week 31, Issue 656

Chinese independents are building their own LNG terminals in order to access imports directly, as China’s energy industry continues to liberalise. 

10 August 2017, Week 31, Issue 655

CNOOC’s Bozhong 28-2 South oil deposit had yielded more than 10 million cubic metres (62.9 million barrels) of crude by the end of July as the result of water flooding technology implemented by...

03 August 2017, Week 30, Issue 654

China has continued to import more crude oil this year, but recently published data show that the increase has benefited the US more than OPEC.

27 July 2017, Week 29, Issue 653

China’s crude oil imports are set to top 400 million tonnes (8 million bpd) this year, a senior Sinopec Group official told Reuters this week.

20 July, Week 28, Issue 652

The National Development and Reform Commission (NDRC) and National Energy Administration (NEA) unveiled ambitious plans last week to expand and upgrade China’s oil and gas pipeline network over...