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03.06.2014 Russia-China gas deal may add 0.4% to GDP growth from 2015 - minister

Russian gas giant Gazprom’s contract on gas supplies to China may add 0.3-0.4% per year to growth of gross domestic product (GDP) from 2015, Economic Development Minister Alexei Ulyukayev said at a news conference on June 2, ITAR-TASS has reported.

03.06.2014 Gazprom to stimulate underground gas storage in China

Russian energy giant Gazprom announced its plans to promote underground gas storage facilities development in China, which according to Gazprom’s Head for Underground Gas Storage Sergei Khan’s interview to Gazprom Magazine, will help avoid an increase in investment costs

02.06.2014 New line of Turkmenistan-China gas pipeline commissioned

Line C of the Central Asia-China gas pipeline has been commissioned, China National Petroleum Corporation (CNPC) said, Trend reported on June 2.

30.05.2014 China outspends U.S. drillers to chase shale-gas boom

China’s effort to catch up with the U.S. in developing shale gas and become more energy independent is coming at a big cost: It’s spending four times as much developing some fields, according to a new report, Bloomberg said on May 29.

29.05.2014 Mexico’s Pemex in talks for $4 billion investment fund with China

Petroleos Mexicanos, the state-owned oil producer, is negotiating with Chinese companies to create a fund valued at as much as $4 billion to invest and finance projects, Bloomberg said on May 28.

29.05.2014 China to increase LNG imports to 67 million tons by 2025 — Gazprom

China will raise imports of liquefied natural gas (LNG) to 67 million tons until 2025 from the current 18 million tons, Gazprom Marketing & Trading Executive Director Medan Abdullah said in an interview with PRIME on May 28, ITAR-TASS has reported.

28.05.2014 Shell, Yanchang Petroleum launch retail JV in China

Royal Dutch Shell Plc and Shaanxi Yanchang Petroleum (Group) Corp.

27.05.2014 Chinese COSL continues oil exploration in disputed waters

China Oilfield Services Limited (COSL) completed the first phase of oil drilling and exploration off Zhongjian Island of the country's Xisha Islands on May 27, Xinhua has reported, citing a statement from COSL.

26.05.2014 Sinopec advances Iran oil-field plans despite canceled China deal

China Petroleum & Chemical Corp., or Sinopec, is pushing to start a new phase in an Iranian oil-field development, a plan Iran says it is likely to approve, according to people familiar with the project.
 

23.05.2014 China stockpiles oil at record rate amid global tensions

China is stockpiling oil for its strategic petroleum reserve at a record pace, intervening on a scale large enough to send a powerful pulse through the world crude market.