After chopping spending by more than 30% to cope with a crash in oil prices and billions in writedowns that sent profits to the weakest since last decade, China’s energy giants are cutting even deeper, RigZone reporte...
China records crude imports drop over 4. 6%, net fuel exports fall by 76% month-on-month in January and gross fuel exports decline by 30% month-on-month, informed Bloomberg citing calculations based on General Adminis...
Egypt is studying setting up a company with China Petroleum & Chemical Corp (Sinopec) to provide oil services in Egypt, the Middle East and Africa, Egypt’s state news agency cited its oil minister as saying....