China

China National Petroleum Corporation (CNPC) has announced that it has discovered oil and gas in a block in Kazakhstan with potential oil reserves of many millions of barrels. In a... 2006-09-22

China's plans to build a strategic oil reserve capacity to rival that of Western countries will cost the country CNY60bn (US$7.54bn), according to a senior executive at Sinochem,... 2006-09-12

State-controlled China Petroleum & Chemical Corporation (Sinopec), the country's second biggest quoted oil company, plans as early as 2008 to begin operating a receiving terminal... 2006-09-11

In the expanding Indian gas market, BG Group has a growing Exploration and Production (E&P) business and has interests in two gas distribution companies. BG Group also has power... 2006-09-08

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