• Tue
  • Apr 22, 2014
  • Updated: 12:46am

Petroleum

US exports crude oil to China

The US has started exporting crude oil to China for the first time since 2005, which analysts say gives Washington additional leverage in Sino-US relations and has major implications for the global oil market.

Thursday, 18 April, 2013, 5:54am

Canadian oil sands lure Chinese investors (video)

In 1778 when Alexander MacKenzie first sighted a sticky black substance in Canada, he wrote in his journal that the locals mixed it with spruce gum to waterproof their canoes. MacKenzie, one of the first Europeans to report seeing oil sands in Canada's Alberta province, also mentioned that heating the oil sands caused them to smell like black coal.

That, for the moment, was that.

13 Nov 2012 - 2:20pm

Briefs, October 1, 2012

Diaper shortage feared after Japanese blast

1 Oct 2012 - 4:42am

Honghua Group steps up push on making tools for drilling

Honghua Group, the mainland's largest maker of rigs for land-based oil and gas drillers, is eyeing opportunities to buy or co-operate with more firms with expertise in making drilling equipment used in unconventional energy exploitation.

7 Sep 2012 - 3:42am

Peak oil nuts may be right, but for all the wrong reasons

I've never had much time for the peak oil prophets of doom. To me they always seemed first cousins to the kind of people who hide out in log cabins in the back hills of Montana surrounded by plentiful stocks of canned food and shotgun cartridges, waiting for the collapse of civilisation.

27 Jun 2012 - 12:00am

Shanghai exchange set for oil futures

The Shanghai Futures Exchange plans to launch China's first crude-oil futures contracts this year, inviting foreign investors to participate in Beijing's latest attempt to burnish its global economic clout.

29 May 2012 - 12:00am

Honghua to target shale gas projects

Honghua Group, one of the world's largest producers of land-based oil and gas drilling rigs, plans to take minority stakes in shale gas exploration projects on the mainland in a bid to forge closer ties with its customers.

28 May 2012 - 12:00am

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