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14.05.2014 China's oil demand falls in April

China's implied oil demand fell 0.8 percent in April from the previous month to its lowest since September as refineries scaled back production for maintenance and continued to export surplus fuel to trim inventories as the nation's economy slowed, Reuters reported on Ma

14.05.2014 Gazprom considers no gas drilling with China

Russian energy giant Gazprom hopes to supply China with natural gas, but is not planning to cooperate with Chinese firms in drilling, Gazprom Deputy Executive Director Vitaly Markelov said on May 13, RIA Novosti has reported.

14.05.2014 Turkmenistan, China to increase gas trade

Turkmenistan and China are each others’ largest partner in the gas sphere, which has a solid foundation and great prospects for development, Chinese President Xi Jinping said, Trend reported on May 13.

13.05.2014 PetroChina to sell pipeline business

China's top oil and gas producer, announced on May 12 it will use part of its pipeline business to form a new company, which will then be sold as part of its mixed-ownership drive, Xinhua has reported.

13.05.2014 China’s CNOOC says production started at new fields in Bohai Sea

CNOOC Limited (the “Company”, NYSE: CEO, SEHK: 00883, TSX: CNU) today announced on May 12 that its Kenli 3-2 oilfields have commenced production.

12.05.2014 Philippines offers oil, gas exploration area in disputed area

The Philippines on May 9 launched a tender for exploration rights in 11 oil and gas blocks, including one in a disputed area of the South China Sea that is likely to fuel further tension with China, Reuters has reported.

12.05.2014 China cuts retail fuel prices

China's top economic planner announced on May 9 a reduction in the retail price of gasoline and diesel, both by 50 yuan (8.12 U.S. dollars) per tonne as of May 10, Xinhua has reported.

12.05.2014 China says Vietnam harasses oil rig

Beijing demanded on May 8 that Hanoi cease its harassing actions against a Chinese oil rig in waters off an island in the South China Sea and called for dialogue to end the conflict, China Daily reported on May 9.

12.05.2014 Chinese CNPC invests $4 billion in gas field in Turkmenistan

China National Petroleum Corporation (CNPC) has invested around $4 billion in the industrial development of the gas-rich Bagtyyarlyk contract territory in the south of Turkmenistan, Turkmen media outlets reported on May 8, citing the country's President Gurbanguly Berdim

06.05.2014 Shale gas production in China expected to reach 6.5 bcm in 2015

China's Ministry of Land and Resources has estimated that the country shale gas production will reach 6.5 billion cubic meters in 2015, a significant jump from last year's 200 million cubic meters.