Production from all oilfields in West Karoun block is close to 300.000 barrels a day.
Read More »CNOOC`s Highest Capital Spending Since 2014
CNOOC expects to drill 132 wells this year. up from 126 wells drilled in 2017.
Read More »ADNOC Seeks to Boost Petrochemicals. Technology Partnership with China
State-owned oil firm is already a major energy and petrochemical supplier to the Asian country.
Read More »China’s coal-to-gas Transmission Leads to big problems
China has struggled for two years with President Xi Jinping’s drive to reform the country’s coal industry and use cleaner fuels.
Read More »Iraq Plans to Build Oil Refinery with Chinese Firms
Iraq is OPEC’s second-largest oil producer. after Saudi Arabia.
Read More »China to Establish First Lab on Ocean Oil Spill Cleaning
The laboratory is planned in northern port city of Tianjin. off the Bohai Bay. with an initial investment 400 million yuan ($63 million).
Read More »How Sanchi`s Spill could Spread
The Panama-registered Sanchi was carrying the equivalent of nearly 1 million barrels of ultra-light crude. plus its own fuel. to South Korea.
Read More »Iran. Panama. China. Hong Kong to Inspect Sunken Oil Tanker
Navigation authorities of the four countries agreed to carry out a joint research on the collision of the Iranian tanker and the Chinese freighter which took place on January 6
Read More »China Crude Demand Growth will Continue
China will import 452 million tonnes. equivalent to 9 million bpd. in 2018.
Read More »China’s Rush to Replace Coal with Gas Spikes LNG Imports
China’s total exports of refined fuel touched an all-time monthly high of 6.17 million tonnes in December.
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