Former Hong Kong Secretary for Home Affairs Patrick Ho Chi-ping pleaded not guilty last month to corruption charges brought by a U.S. federal court in New York after he was accused of offering bribes worth a total of U.S.$2.9 million to prominent...
Russia’s state-run oil group Rosneft has agreed to supply its new partner CEFC China Energy with almost 61m tonnes of oil over the next five years, strengthening the most high-profile corporate link in the burgeoning relationship between Moscow...
China’s push into new energy vehicles (NEVs) – including battery-powered and hybrid cars – could curb demand for black gold. Sinopec and PetroChina will be hardest hit. The policy will also add to downward pressure on global crude prices.
Output agreement could boost the country’s oil industry and reduce its reliance on Saudi crude
Chad is one of the poorest, most corrupt, and, increasingly,...
China’s government is making a small step toward opening the nation’s energy resources to private investment.
It has been almost one year since a terrorist bombing in Urumqi, the capital of the Xinjiang region, shocked the nation and brought economic woes and social conflicts in the largely Uighur-populated area into the spotlight again.
I arrived...
Saudi Arabian Oil Company President and CEO Khalid A. Al-Falih has seen global oil prices rise and fall through at least six market cycles during his more than 30 years with the world’s largest crude producer and exporter.
Al-Falih, 55,...
Liao Yongyuan, who oversaw gas pipeline project crossing country, becomes target of inquiry by party graft-buster.
Chai Jing's stunning documentary on the smog problem was viewed more than 100 million times in little over two days.
China told the United States on Tuesday to stay out of disputes over the South China Sea and leave countries in the region to resolve problems themselves, after Washington said it wanted a freeze on stoking tension.
Legendary Chinese oil trader “Crazy Yang” Qinglong, who started China's oil business with Iran in the 1990s and was renowned as a hard-drinker who bear-hugged Iranian officials, has died, said company officials and...
A little-known deal related to an equally little-known, yet highly productive oilfield has come to light as a graft investigation unfolds at oil giant China National Petroleum Corp. (CNPC). A businessman with strong ties to officials is behind...
A controversial petrochemical project in the southwestern province of Sichuan quietly went into operation in March, but questions about the China National Petroleum Corp. (CNPC) facility continue to linger.
The project is in Pengzhou, a...
