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  1. High prices pressure Beijing's oil strategy

    Posted Nov 06th 2007, 12:00am by Tom Miller

    ... increased by an average of 2.5 million barrels per day between 2000 and last year, less than the growth in Russian production of 2.9 million barrels. Nevertheless, with the US National Petroleum ...

  2. Western areas call for levies on use of resources

    Posted Mar 08th 2007, 12:00am by Staff Reporter

    ... development] to companies from outside, Sichuan people cannot get any real benefits.' He cited the example of China National Petroleum Corp (CNPC), which has extensive natural gas developments ...

  3. Domestic refiners win some relief with fuel price rise

    Posted Apr 08th 2011, 12:00am

    ... Jane Cai in Beijing Beijing's move to raise retail fuel prices is expected to ease the pressure on domestic refiners but may still not be enough to help them sail into profit in the face of high crude prices, according to analysts. The National Devel ...

  4. Shengli eyes big pipe production growth

    Posted Mar 13th 2012, 12:00am

    ... Eric Ng eric.mpng@scmp.com Shengli Oil & Gas Pipe Holdings, a company spun off from state-backed oil and gas major China Petroleum & Chemical (Sinopec) in 2004 to its employees, ... we'll face competition with their internal pipeline makers [owned by parent China National Petroleum],' Zhang said. 'But our capacity is more than three times that of the pipeline ...

  5. Fuel rate cut eases pressure on large mainland refiners

    Posted Jun 09th 2012, 12:00am

    ... a rerun of the 2009/2010 [scenario] is likely, as falling crude prices with disproportionately smaller product price cuts help bring Sinopec [China Petroleum and Chemical] and PetroChina back ...

  6. Beijing hopes Putin visit will sort out gas deal

    Posted May 30th 2012, 12:00am

    ... and the other half would come from eastern Siberia. Russian energy company Gazprom signed an agreement with China National Petroleum Corporation in 2010 to supply 30 billion cubic metres of gas ...

  7. Days numbered for monopoly of state firms

    Posted Apr 05th 2012, 12:00am

    ... such as electricity, telecommunications, railways, aviation and petroleum. Private firms should have equal access to the capital markets, and banks should be encouraged to increase their lending to small ... it to import the remaining five million tonnes to feed the refinery. Since all crude oil imported by private firms must be refined by state-controlled giants the China National Petroleum Corp (CNPC) ...

  8. Beijing top brass quit in reshuffle

    Posted Jul 26th 2012, 12:00am

    ... experience in the oil industry, a power base of former vice-president Zeng Qinghong, serving as director of a petroleum exploration centre in Jilin province. He surprised many observers of mainland ...

  9. Results

    Posted Aug 17th 2007, 12:00am by Staff Reporter

    ... Today Interim: Anhui Conch Cement, Beijing Capital Land, China Shenhua Energy, Guangzhou Pharmaceutical, Jiangsu Expressway, Meadville Holdings, Minth Group, O2Mirco International, Playmates Holdings, Shandong Molong Petroleum Machinery, Shanghai Electric Group, Shanghai Prime Machinery, Yanzhou Coal Mining AGM: China Motion Telecom International, China-Hongkong Photo Products ...

  10. State firms' earnings fall for 4th straight month

    Posted Nov 19th 2011, 12:00am

    ... in earnings has been most prominent in the steel, petroleum, tobacco, non-ferrous metals and crude oil sectors. However, the transportation, chemical and construction sectors posted higher earnings. ...




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