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U.S. oil inventories plummet

U.S. oil inventories plummet

2018-05-09 13:44

The American Petroleum Institute (API) Tuesday reported a draw of 1.85 million barrels to the U.S. crude oil inventories for the week ending May 4.

BP signs gas sale agreement with Alaska pipeline development agency

BP signs gas sale agreement with Alaska pipeline development agency

2018-05-09 10:11

British multinational oil and gas giant BP plc. has signed a "binding" agreement with Alaska's pipeline development agency.

German Allianz announces exit from coal industry

German Allianz announces exit from coal industry

2018-05-06 17:14

German Allianz AG will no longer offer its insurance services to, or invest its capital in, the coal industry.

Oil drillers to spud 90 oil, gas wells in Pakistan

Oil drillers to spud 90 oil, gas wells in Pakistan

2018-05-02 09:48

The oil and gas exploration companies will spud 90 oil and gas wells in different areas across Pakistan during the fiscal year of 2018-19.

OTC starts in Houston with heavy Chinese presence

OTC starts in Houston with heavy Chinese presence

2018-05-01 18:46

The world's largest oil and gas trade show, the Offshore Technology Conference (OTC), kicked off in the U.S. energy capital of Houston on Monday.

Chinas crude oil stockpile falls 2.4 pct

China's crude oil stockpile falls 2.4 pct

2018-04-30 20:27

China's commercial crude oil stocks fell 2.39 percent by the end of March, compared with a month earlier.

China raises retail fuel prices

China raises retail fuel prices

2018-04-27 11:16

China will raise the retail prices of gasoline and diesel from Friday, the fifth increase this year.

China imports 3.25 mln tonnes of LNG in March

China imports 3.25 mln tonnes of LNG in March

2018-04-24 10:46

China imported 3.25 million tonnes of liquefied natural gas (LNG) in March, up 64.2 percent year on year.

40-mln-tonne oil field discovered in north China

40-mln-tonne oil field discovered in north China

2018-04-19 11:51

An oil field with estimated reserves of about 40 million tonnes has been discovered in north China's Inner Mongolia Autonomous Region.

China to raise retail fuel prices

China to raise retail fuel prices

2018-04-13 09:28

China will raise the retail prices of gasoline and diesel from Friday, the fourth increase this year.

Daqing Oilfield Q1 crude output at 7.94 mln tonnes

Daqing Oilfield Q1 crude output at 7.94 mln tonnes

2018-04-12 09:24

Daqing Oilfield, the largest oilfield run by PetroChina, produced 7.94 million tonnes of crude oil in the first quarter of this year。

Sinopec unveils plan to become green company

Sinopec unveils plan to become green company

2018-04-03 10:09

Oil refiner, Sinopec, launched its "green action plan" on Monday in a bid to become a clean, efficient and low-carbon enterprise by 2023.

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