China'.s State control on foreign exchange flow was a key reason for the repeatedly postponed launch of Shanghai crude futures.
Read More »China will Investigate Sanchi Sinking
China will invite others to jointly conduct an investigation and analyze data from the data recorder.
Read More »Experts Say Sanchi Sinking could be Harmful for Marine Ecology
Some 13 vessels. including coast guard ships from South Korea. Japan and a Japanese firefighting ship fought the fire. searched for the missing and are involved the cleanup.
Read More »Sinopec Acquire Assets in South Africa
A final decision from the South African government is expected to be announced in March or April and Sinopec could still lose the dea.
Read More »Transition from Coal to Natural Gas Uneven in Practice
China'.s natural gas consumption has surged in the first 11 months of 2017 due to strong demand from industry and winter heating.
Read More »Iraq Reaches Deal with Zhenhua
Iraqi oil officials have estimated the East Baghdad field. a ".super giant". with about 8 billion barrels of crude reserves.
Read More »Moscow May Not Comply with Further OPEC Cut
OPEC. Russia and several other major producers have cut their combined output by about 1.8 million barrels per day since January.
Read More »China’s Recoverable Shale Gas Reserves Fell by 6% in 2016
Sinopec said in March that it plans to boost Fuling'.s annual production capacity to 10 billion cubic meters from 7 billion cubic meters.
Read More »China Becomes One of the Biggest Oil Drilling Contractors in Kuwait
Kuwait has so far bought Chinese-made rig equipment worth more than 4.3 billion yuan.
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