Edition:
United States

Meng Meng

Saudi Aramco to invest in refinery-petrochemical project in east China

Oct 18 2018

ZHOUSHAN, China/SINGAPORE State oil giant Saudi Aramco signed an agreement on Thursday to invest in a refinery-petrochemical project in eastern China, part of its strategy to expand in downstream operations globally.

Iranian tanker discharges oil into storage in China ahead of U.S. sanctions

Oct 09 2018

BEIJING A vessel carrying 2 million barrels of Iranian oil discharged the crude into a bonded storage tank at the port of Dalian in northeast China on Monday, according to Refinitiv Eikon data and a shipping agent with knowledge of the matter.

RPT-China diesel demand picks up at fastest pace in at least five years

Sep 20 2018

* Higher industrial output, truck sales, mining boost diesel use

China diesel demand picks up at fastest pace in at least five years

Sep 20 2018

SINGAPORE/BEIJING China's diesel demand will grow at its fastest in at least five years as a pick-up in diesel-intensive sectors in the world's second-biggest economy coincides with lower output from domestic refineries, several sources and analysts said.

CNOOC sells access to LNG terminal as China opens up vast energy market

Sep 20 2018

BEIJING China's CNOOC sold access to its Yuedong liquefied natural gas (LNG) terminal to state-owned Zhenhua Oil and private logistics firm Longkou Shengtong Energy, its first such auction as the country pushes to liberalize its vast oil and gas market.

In war on smog, China considers how to take polluting diesel trucks off the road

Sep 13 2018

BEIJING China is drawing up a plan to replace a million heavy duty diesel trucks, almost 20 percent of the national fleet, with ones that burn cleaner fuel, as Beijing ramps up its war on pollution, potentially dealing a heavy blow to oil refiners.

In war on smog, China considers how to take polluting diesel trucks off the road

Sep 13 2018

BEIJING China is drawing up a plan to replace a million heavy duty diesel trucks, almost 20 percent of the national fleet, with ones that burn cleaner fuel, as Beijing ramps up its war on pollution, potentially dealing a heavy blow to oil refiners.

Hengli's high-tech petroleum complex breathes down PetroChina's neck

Sep 12 2018

DALIAN, China On reclaimed land on the island of Changxin near the port of Dalian, workers are putting the finishing touches on a plant that is the future of China's refining and petrochemical industry.

After summer of discontent, China's teapot refineries ramp up oil imports

Aug 28 2018

BEIJING China's independent refiners have ramped up their foreign oil buying after returning from prolonged summer maintenance to gear up for rising winter fuel demand, a sign that the financial pain from taxes and higher crude prices have ebbed for now.

Exclusive: China's Unipec to resume U.S. oil purchases after tariff policy change - sources

Aug 24 2018

SINGAPORE/BEIJING China's Unipec will resume purchases of U.S. crude oil in October after a two-month halt due to the trade dispute between the world's two largest economies, three sources with knowledge of the matter said.

World News