Chinese state oil companies are shying away from Russian oil this month, with two importers halting purchases while two ...

Cui Yang, head of the capital's justice bureau, said that it will concentrate on the construction of the base through a deep ...

Beijing has launched a drive to uncover new domestic fossil fuel reserves as it seeks to reduce its dependence on imports.

Latest discovery in Enshi could help boost domestic production and reduce nation’s reliance on imported natural gas ...

Sinopec Corp said on Monday the Chinese government has certified about 180 million metric tons, or about 1.3 billion barrels, ...

Chinese state-owned oil and gas giant China Petrochemical Corporation, commonly known as Sinopec, entered into an agreement ...

SINGAPORE (Reuters) -- Sinopec said on Monday that the Chinese government has certified about 180 million tonnes, or about 1.3 billion barrels, of new geological reserves at two of its shale oil plays ...

China’s oil demand as not yet peaked, with strong petrochemicals consumption outweighing declines in gasoline and diesel, according to Sinopec’s chairman, cited by Bloomberg. “Oil has not peaked yet,” ...

China's Sinopec plans to raise crude throughput next ... than-expected peak in Chinese fuel demand crushes margins and Beijing's drive to wring out inefficiency begins to squeeze older and smaller ...