Tag - China
China has added another feather to its cap of being home to emerging global giant industries with the state owned PetroChina becoming the world's largest oil producing company on Monday. The company became the first in the world to attain a market cap...
China National Petroleum Corporation (CNPC) has found an oil field with proven reserves of 405.1 million tonnes of oil equivalent in north China's Bohai Bay, near Caofeidian port in Hebei Province.
Experts are hopeful that the discovery of...
Some good news for China!! PetroChina which is one of the largest oil companies in the country has struck gold in the oil fields of Bohai Bay. The company claims that this is a very rich oil field and is being considered as one of the biggest findings...
Sinopec Corp of China, ExxonMobil Corp of the United States and Saudi Arabia's Saudi Aramco formally forged an alliance for a mega-petrochemical expansion project and a fuel marketing scheme in Fujian Province to tap demand in southeastern China....
China has recently announced that it is planning to build another 25,000 kilometers of oil and gas pipelines by the year 2010 to support briskly growing economic development. The announcement was made by the China Petroleum Pipeline Bureau (CPPLB)....
China, the world fastest growing economy, imported an average of 3.22 million barrels of crude oil per day, total 13.69 million tons in January, to meet its demands. As global crude oil prices hit 19-month low to 50 dollar per barrel.
The 3.5...
China has asked the U.S. to stop interfering in its trade affairs with Iran, after Washington expressed apprehensions over a planned energy deal with Iran. Reacting sharply over the issue, Beijing said that plans by the state owned energy company...
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