Energy & Resources
China raises retail fuel prices for fourth time this year2017-05-26
China will raise the retail prices of gasoline and diesel for the fourth time this year, tracking a global crude price uptick, the country's top economic planner said Thursday.
China completes construction of 1st Hualong One nuclear project2017-05-25
China successfully installed the containment dome for its first demonstration nuclear power project using Hualong One technology, a domestically developed third-generation reactor design, in east China's Fujian Province on Thursday.
China's first Hualong One nuclear project taking shape2017-05-25
China's first pilot nuclear power project using Hualong One technology, a domestically-developed third generation reactor design, will soon take shape with its containment dome expected to be installed within the next two days.
Yanchang blazes trail in carbon capture tech2017-05-24
Asia's first commercial carbon capture and storage project will begin to operate in northwestern China's Shaanxi province next year, said an executive of Shaanxi Yanchang Petroleum (Group) Co Ltd.
Market reform allows private players broader participation in oil, gas sector2017-05-24
China's latest guideline on the oil and gas industry will open up a sector largely monopolized by state-owned enterprises to private players.
Market set to get greater role in oil and gas sector2017-05-23
The market-oriented reform of the country's oil and gas sector will give the market a decisive role in the industry, allowing broader participation in a sector dominated by State-owned companies, analysts said.
Sinopec uses Initiative to reshape petroleum sector Sinopec uses Initiative to reshape petroleum sector2017-05-23
Sinopec has conducted oil and gas exploration and development with 11 B&R countries since 2001, involving itself in 18 projects located in Russia, Kazakhstan, Indonesia, Myanmar, Iran, Syria, Saudi Arabia, Yemen, Egypt and Mongolia.
Unipec sustains annual volume rise2017-05-23
Unipec Singapore Pte Ltd, a trading unit of China Petroleum&Chemical Corp, or Sinopec, said it was confident that for the sixth year in a row, its oil and gas turnover will likely increase by 10 percent in.
China-Russia oil pipeline delivers 100 mln tonnes2017-05-22
A China-Russia oil pipeline has transported 100 million tonnes of crude oil in the five years since it began operations, local customs said Saturday.
China unveils market reform for oil and gas industry2017-05-22
Chinese authorities on Sunday announced a reform plan for the country's oil and gas industry, eyeing better efficiency and competitiveness by giving market a decisive role in the sector.
China cuts retail fuel prices2017-05-12
China will cut the retail prices of both gasoline and diesel for the fourth time this year from Friday due to a drop in global oil prices, the country's top economic planner said Thursday.
Experts call for steel capacity cut2017-05-09
China's steelmakers should avoid expanding production capacity continually, setting the scene for a subsequent decline in price in the second quarter, with excessive inventories, experts have warned.
Global grid to be new growth engine2017-05-09
Vision for future looks to radical interconnectivity of energy sourcesGlobal energy interconnection is a vision to form a massive global electricity grid powered by renewable sources. It will serve as a new engine to cement the Belt and Road Initiative, as economies along the trading routes are rich in clean energy and complement each other, said an expert.
Polyolefins production line to swing into full operation2017-05-09
The second production line of China's biggest coal-to-polyolefins processing project is expected to go into full operation in July in the Inner Mongolia autonomous region, with annual output worth 13 billion yuan ($1.89 billion).
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