China National Offshore Oil Corp (Cnooc) has decided to shelve its shale gas project in Anhui province in the latest sign that the shale gas revolution that transformed the US energy industry is unlikely to replicate ...
Indonesian President Joko Widodo said one of China's main claims to the majority of the South China Sea had no legal basis in international law, but Jakarta wanted to remain an "honest broker" in one of Asia's most t ...
Chinese prosecutors on Monday charged a former senior energy executive with bribery, abuse of power and other corrupt practices, the latest official to face court in a sweeping crackdown on corruption.
Total SA is seeking the equivalent of up to $15 billion in Chinese financing to fund its expansion in Russia, its chief executive said, as U.S. sanctions complicate the French oil giant’s big bet there.
China plans to allow foreign investors to trade its proposed crude futures contract as the world’s second-largest oil consumer seeks to bolster its influence in determining benchmark prices.
Iran’s Minister of Petroleum Bijan Namdar Zangeneh has described energy cooperation with China as “a strategic decision,” reiterating that Tehran is ready to expand ties with Chinese companies after anti-Iran sanctio ...
As tanker owners with aged VLCC tankers were looking for an opportunity in the scrap market, in order to send their vessels for demolition, the opportunity of floating storage plays rose, giving those older ship anot ...
Iran and China hope to bring the level of their trade exchanges to $60 billion from the current $52 billion in a year or so, the head of Iran-China Joint Chamber of Commerce says.