A Chinese state-run firm is poised to take over majority control of an oil exploration venture in offshore Palawan, Energy Undersecretary Jose M. Layug, Jr. said. Mr. Layug said, China Natio.........
see more >>China Petrochemical Corp or Sinopec Group, will have a 40% stake in a consortium to undertake the development of a marginal oilfield in Malaysia, according to China Knowledge report. Sabio O.........
see more >>An industry source said that PetroChina will further delay the startup of a planned maintenance of its 200,000 barrel-per-day Dushanzi refinery by two to three weeks to late August. PetroChi.........
see more >>One of Chinas giants, CNOOC has re-started production from the four BoZhong 28-2 South oilfields in Bohai Bay. Operations had been suspended since April when rough sea conditions caused a ma.........
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