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CNPC to earmark RMB5 bln annual inv't in risk exploration in coming yrs, report
China National Petroleum Corporation (CNPC) will earmark 5 billion yuan investment in risk exploration annually during 2019-2025, which is five times the current annual investment, according to CNPC Chairman Wang Yilin, quoted by China Petroleum Daily.
March07,2019
Sinopec H1 net profit surges 53.6 pct
China Petroleum and Chemical Corporation (Sinopec) on Sunday reported a 53.6 percent increase in net profit for the first half of 2018, mainly due to strong energy demand and higher oil prices.
August27,2018
Natural gas consumption surges in China
China's natural gas consumption has surged in the first 11 months of 2017 due to strong demand from industry and winter heating, official data showed Monday.
December19,2017
China makes progress in oil refining capacity cuts
China has made progress in closing down outdated oil refining production capacity, Zhou Zhuye, vice chairman of China Petroleum and Chemical Industry Federation, said Wednesday.
November16,2017
China raises non-state crude import quota by 55 pct
China's Ministry of Commerce announced on Wednesday that the quota for non-state crude oil imports will be raised to 142 million tonnes for 2018, 55 percent higher than that for 2017.
November09,2017
China moves to restrict oil exports to DPRK
China will restrict oil exports to the Democratic People's Republic of Korea (DPRK) and suspend textile imports from DPRK, the Ministry of Commerce said.
September25,2017
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