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News // Asia

China to Construct Strategic Oil Reserve Base

South China's Guangdong Province is in discussions with the central government over a proposal to build strategic oil reserve bases in the region
09 March 2007 , 09:305240

Singapore Postponed Oil Storage Construction

The first phase of Singapore's massive underground oil storage project will be completed in four years
08 February 2007 , 09:365610

CNOOC to Invest 10bln Deepwater Exploration

China National Offshore Oil Corp, the country's largest offshore oil producer, plans to invest 10 bln
05 February 2007 , 13:165560

Nippon Oil to Cooperate Alliance With Korean Refining Giant

Nippon Oil Corp. has agreed to form a business and capital alliance with South Korea's largest oil refiner
24 January 2007 , 10:045120

Eni To Explore In Indonesia

Eni SpA had agreed to work with Indonesia's PT Pertamina to explore and develop oil and gas resources in Indonesia
18 January 2007 , 09:5711530

Alaska Villages Received Fuel With Donation

Alaskan villages have begun receiving a donation of fuel from Venezuela
16 January 2007 , 10:116710

China Oil Imports 2006 Results — New Record

China imported 145.18 million tons of crude oil and 36.38 million tons of refined oil in 2006
16 January 2007 , 09:104560

PetroChina Increased Oil and Gas Output

PetroChina Co., the world's third- largest energy company by market value, increased oil and gas output
15 January 2007 , 10:185900

Japan Energy Plans Process More Crude in the New Year

Japan Energy Corp., the country's sixth-biggest refiner, plans to process 2 percent more crude
26 December 2006 , 10:384830

China Set Up Second petroleum Exchange

China set up its second petroleum exchange in port city of Dalian
26 December 2006 , 09:136280

India, China to Explore Jointly in Third Countries

India and China inked a major pact on the joint exploration
18 December 2006 , 11:175480

China Crude Import Continues to Rise

The fast growth of the economy has forced China to depend more and more on imports because of the limited domestic production
18 December 2006 , 08:525680

China Crude Oil Wholesale Market To Be Open To Foreigners

China's wholesale market for crude oil and refined oil products will be opened to foreign investment from 2007
08 December 2006 , 10:025680

Kazakhstan, China Double Joint Pipeline Capacity

The company is a joint venture between KazTransOil JSC and the China National Oil and Gas Exploration and Development Corporation
08 December 2006 , 09:4512790

Japan Seeks to Lower Gas Transporting Costs

In order to lower the cost of transporting natural gas from small and midsize gas fields in Southeast Asia
07 December 2006 , 11:475660

Sinopec to Buy Petrochemical Oil Assets

China's Sinopec, Asia's largest refiner will buy oil production assets from China Petrochemical Corp
07 December 2006 , 10:266190

LNG Spill in China, Hundreds Evacuated

Hundreds of households were evacuated after a gas spill in a city in northeastern China
05 December 2006 , 08:435700

Indian Communists Reduce Petroleum Prices

The Congress and the Communist Party of India on Wednesday
30 November 2006 , 09:285600

Chinese Managers Jailed for The Blast

A Chinese court jailed two managers of a state-owned coal mine on Wednesday for negligence
29 November 2006 , 14:076810

Indian Energy Giant Sells its Sahkalin Share

Oil and Natural Gas Corporation has ruled out selling its share of Sakhalin
22 November 2006 , 10:276980