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PetroChina held hands with Guanghui Energy

PetroChina’s Gansu Jiuquan Sales Company and Xijiang Sales Company signed the agreement of a strategic partnership with Xinjiang Guanghui LNG Development.

July 20, 2015

Oil products and natural gas operation profiles in first half of 2015

According to NDRC, in the first half of 2015, China crude output totaled at 105.53 million mt.

July 20, 2015

Imported deflation effect reduced with negative growth of PPI

As the main importer of bulk commodities, China experienced a large drop of import volume, and a consecutive negative growth of PPI for 40 months.

July 20, 2015

Excluding securities industry, China GDP growth was 6%

Research institution CEBM indicated that China GDP growth was only 6% in the second quarter excluding securities industry.

July 20, 2015

SOE joints for considerable oil product retail margin

Recently, Chongqing Highway Group claimed that its first own-and-controlled petrol station had been put into operation officially, cooperating with PetroChina and Sichuan Reserves Administra

July 17, 2015

MLR sets standards for exploitation ratio, recovery ratio & comprehensive utilization ratio

In order to enhance rational development and comprehensive utilization of oil and gas and encourage energy saving, the Ministry of Land and Resources (MLR) has recently set the standards for

July 16, 2015

Oil & gas increase in Shaanxi Province

Shaanxi Province has recently discovered 16 new deposits with a total value of CNY2.48 trillion, including 1,293 million metric tons of oil; 698,600 million cubic meters of natural gas; 16,3

July 16, 2015

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