Sinopec is currently the second largest oil and gas producer in China.
Read More »OPEC Charges Extra price. India Loses Billions of Dollars
India has been urging the OPEC to end Asian Premium with Prime Minister Narendra Modi.
Read More »EU Commissioner in Iran in Bid to Save Trade Ties
Iran. which has the world’s fourth-biggest oil reserves. produces about 3.8 million barrels of oil per day.
Read More »As Trump Pulls Out of Iran Deal. Asia Mulls Impact on Oil Supplies
During the last round of sanctions. Iran'.s oil supplies fell by around 1 million barrels per day (bpd).
Read More »Japan Firms Eyes in Brazil’s Vast Offshore Oil Deposits
Much of Brazil’s oil from offshore basins are buried under a thick layer of salt on the sea floor.
Read More »China may Exceed Greenhouse Gas Target by 2020
The programs cover industries of electricity. steel and cement. for a total of about 3.000 companies.
Read More »Robust Chinese Demand Ensures Asian LNG Rally Has Legs
French nuclear regulator ASN ordered Electricite de France on Thursday to shut four nuclear units. sending power prices spiking.
Read More »China and Russia Agree to Expand Energy Cooperation
Russia is currently the top exporter to China for oil and energy. and the fifth for coal.
Read More »China Plans Nationwide Use of Ethanol in Gas by 2020
Ethanol in gasoline is an ideal alternative to fossil fuel.
Read More »Japan and China Starts Extracting Heavy Crude from Canadian Sands Project
CNOOC has a 25 interest in the steam injection scheme. which aims to produce 20.000 barrels a day by late 2018.
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