S.Korea has favoured coal and nuclear power to generate cheaper electricity and to ensure stable power supply.
Read More »Inpex Begins Production at Offshore Australian LNG Project
Shipments of LNG and liquefied petroleum gas from the project are expected to begin by the end of September.
Read More »Petrobras Pushes more Crude to Top Importer China
Teapot refiner demand for low-sulphur product boosts Brazil oil output.
Read More »Oil Rises on US-EU Trade Talks. Red Sea Shipping Suspension
U.S. crude oil inventories last week tumbled more than expected to their lowest level since 2015.
Read More »China’s Economic Growth Could Boost Oil Demand
China’s economic growth eased in the second quarter of this year to 6.7 percent.
Read More »CNPC will Invest $22 Billion to Boost Oil Production
China’s crude oil production dropped by 2.3 percent on the year in June.
Read More »China Solar Manufacturers Raise Output
China’s solar sector has been growing rapidly after local governments commissioned hundreds of new projects.
Read More »CNPC to Invest more than $22 Billion by 2020 to Boost Oil. Gas Output
The increased spending will push output in the Xinjiang Autonomous Region to more than 50 million tonnes of oil equivalent between 2018 and 2020.
Read More »Sinopec`s Best Quarter in Years Boosted by Oil Revival
Sinopec. offshore oil and gas producer CNOOC Ltd and China’s largest oil producer PetroChina will publish their final first-half results in August.
Read More »U.S..China Trade War Casts a Long Shadow over LNG Shipping Boom
Donald Trump said he’s ‘ready to go’ with $500 billion in tariffs on Chinese imports.
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