China

According to a report in Bloomberg, China may virtually triple its liquefied natural gas (LNG) imports from Australia this year in order to meet power demand. The news supports ... 2007-08-01

The emergence of Chinese state-owned or state-controlled energy firms willing to tolerate lower investment terms than those acceptable to international oil companies (IOCs) is a major... 2007-07-27

According to IranMania, Iran has become the top oil exporter to China, surpassing Saudi Arabia. Official Iranian statistics have stated that China's oil imports from Iran more than... 2007-07-25

China and Turkmenistan signed cooperation agreements on trade, technology, education and energy during Turkmenistan's President Gurbanguly Berdymukhammedov's visit to China on July... 2007-07-18

China's state-owned China National Petroleum Corporation (CNPC) has stated that it will withdraw from Enbridge's planned 1,150km Gateway pipeline project. The news is somewhat... 2007-07-13

Venezuelan state-owned company PDVSA and Belarus are planning to intensify their cooperation in the Venezuelan energy sector. President Hugo Chávez met his Belarus counterpart... 2007-07-13

The Chinese government has announced the introduction of a new tax to apply to future contracts signed by foreign companies operating in the upstream oil sector. Together with requests... 2007-07-12

China's crude oil imports increased by 20% in June compared with imports a year earlier. Domestic production has failed to meet the rising demand of one of the world's fastest growing... 2007-07-10

Zhongxin Resources, a Chinese joint venture (JV) between Citic Guo'an and Suntime International is set to sign a deal to purchase an oilfield in Kazakhstan. Zhongxin will pay... 2007-07-05

China Petroleum & Chemical Corporation (Sinopec) has signed a memorandum of understanding (MoU) with Venezuela to take a minority stake in the Orinoco projects. This is the... 2007-07-03