China

China, the world's second-largest oil consumer after the US, hopes that employing diplomatic and conciliatory policies will blunt tensions caused by its growing energy needs. Liu... 2006-09-08

China's three largest oil firms have together paid CNY16bn (US$2bn) to the government from oil sales revenues in the first half of this year. At the end of March, China imposed a... 2006-09-07

Upstream oil and gas specialist China National Offshore Oil Corporation (CNC) has shown why it is the favoured Chinese oil investment by delivering first half results ahead of forecasts,... 2006-08-30

Sinopec, China's biggest refiner and the country's second-largest integrated oil company after PetroChina has reported better-than-expected interim results for 2006. The company,... 2006-08-29

According to local press reports, the first half of this year has seen partly privatised PetroChina find 250mn tonnes of oil reserves in its Daqing field in north eastern China, equivalent... 2006-08-22

The dramatic rise in Chinese oil consumption over the past five years is just one of many challenges for state-controlled producer and refiner PetroChina. The partly privatised company... 2006-08-08

A UK-based consultancy group has predicted that China's oil demand growth rate will slow appreciably in the next decade, averaging just 5% per annum - thus taking some pressure off... 2006-07-24

A major deepwater gas discovery in the South China Sea could revive a hydrocarbons play that had been abandoned decades ago after shallower wells turned up dry, the Wall Street Journal... 2006-07-20

Chinese state-controlled energy group Sinopec saw crude oil output rise marginally by 3.07% and gas production jump by 20.42% in H106 as it continues international expansion efforts... 2006-07-20

China is planning to allow foreign oil companies a rare chance to carry out exploration activities in parts of the resource-rich Tarim Basin in the north-west of the country, according... 2006-07-18