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PetroChina revenue up, profits slide

PetroChina, China’s largest oil and gas producer, reported expansion in revenue in 2019, but its net profit saw a remarkable drop due to slowing global economic growth and unrest in the international oil...

March 30, 2020, Monday

Fuel prices to go up from today

China will raise the retail prices of gasoline and diesel from today, the country’s top economic planner said yesterday....

December 31, 2019, Tuesday

New state enterprise set up to manage pipelines

China yesterday set up a new centrally administered state-owned enterprise, the China Oil &...

December 10, 2019, Tuesday

Surge in power use highlights strength of economy

China’s electricity consumption in the January-September period pointed to strong economic resilience and potential underpinning increasingly high-quality growth....

November 4, 2019, Monday

Qinghai desert turns ‘green’

A LARGE semi-desert in northwest China’s Qinghai Province is turning green, thanks to a photovoltaic park....

September 4, 2019, Wednesday

Nation to remain top energy user

Despite slower growth in energy demand, China will remain the world’s leading energy consumer until at least 2040, accounting for 22 percent of the global market, British Petroleum’s latest energy outlook...

April 12, 2019, Friday

Venezuela oil production falls as US sanctions bite

Venezuela’s oil output sank to a new long-term low last month due to US sanctions and blackouts, the country told OPEC, deepening the impact of a global production curb and further tightening supplies...

April 11, 2019, Thursday

Dutch climate protestors launch suit against Shell

Climate marchers have handed in a lawsuit to Shell’s headquarters in the Netherlands aimed at forcing the oil giant to meet targets in the Paris accord....

April 8, 2019, Monday

As China seeks a future with blue skies, it’s only natural to go gas

As Shanghai strives to become a major global city and a world leader in green energy, natural gas will play an increasingly important role, Mayor Ying Yong said yesterday....

April 3, 2019, Wednesday

Work begins on 2.24 GW hydropower plant

Construction has started on the main structure of a 2.24-gigawatt hydropower station on the Jinsha River, the upper section of the Yangtze....

April 1, 2019, Monday



 

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