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Russia to cut crude oil export tariff from Dec

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

Three Energy Giants Stand up to Winter Gas Demand

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

CNOOC Q3 Oil & Gas Sales Revenue Reaches CNY53.6 Billion

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

Alkylation Boom Cools down

As climate warming has become a greater concern around the globe, oil products upgrading has been put onto agenda in China.

October 30, 2014

PetroChina Sichuan Slated for a 2 Billion m3 Production for Shale Gas

Though the exploitation of shale gas is high-cost due to complicated geological condition, PetroChina hold abundant confidence.

October 24, 2014

Shandong Releases New Consumption Tax Regulation to Reduce the Speculation on Oil Products

To further strengthen the consumption tax on oil products, Shandong issued "Shandong Tax Bureau statement on consumption tax management", to be implemented from 20th Oct 2014, is known to be

October 20, 2014

China’s First Enterprise Standard for Coal-based Natural Gas

Recently, according to the Products Quality Supervising Test Institute of the Xinjiang Uygur Autonomous Region, based on Directives for Standardization, six enterprise standards made by King

October 17, 2014

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