Gas
OPEC members have met to discuss crude oil production levels as oil prices have plummeted and reached a four-year low since September 2010, at US$75.75/bbl for Brent. The bulk of OPEC countr
December 01, 2014
The eighth consecutive fall came just as predicted on November 15th. Last week, domestic oil product market was filled with negative sentiment as prices of both gasoline and diesel all maint
November 21, 2014
China's demand for oil products will falter after 2020 and its crude oil demand is to reach a peak of 700 million mt around 2030, Mao Jiaxiang, the deputy director of the Sinopec Economic Te
November 20, 2014
Russia will lower crude oil export tax to $277.5/mt as of Dec 1st, 2014, down 12.4% from the previous $316.7/mt.
November 18, 2014
Entering into November, peak natural gas demand is now approaching in the northern China supported by heating supply. It was reported that the three energy giant, have fully prepared for win
November 05, 2014
Based on the unaudited announcement for the third quarter of 2014, China National Offshore Oil Corporation (CNOOC) has gained the revenue of CNY53.6 billion for oil and gas sales, decreasing
October 31, 2014
As climate warming has become a greater concern around the globe, oil products upgrading has been put onto agenda in China.
October 30, 2014