Energy

CNOOC Limited has more than doubled its first-half net profit thanks to the high oil and gas prices, with its net income rising 115.7 percent year-on-year to 71.89 billion yuan ($10.50 billion) while revenue increased 75.6 percent…

PetroChina Co Ltd, the listed unit of China National Petroleum Corp, said the company plans to finish the delisting process from New York Stock Exchange on September 8. PetroChina's Board of Directors decided to delist the company and is…

PetroChina Co., the country’s biggest oil and gas producer, is weighing a plan to carve out its marketing and trading business and seek a separate listing, people with knowledge of the matter said. China National Petroleum Corp., the…

China’s biggest oil company estimates net profit rose between 26.5 billion yuan (US$3.9 billion) and 32 billion yuan in the January to June period Brent crude has traded between US$78 and US$123 a barrel this year, higher than last…

China Petroleum and Chemical Corp, the country's largest oil refiner, said its net profit more than doubled to its best level in 10 years on higher crude prices and strong demand for petroleum products. Net profit attributable to…

China Petroleum & Chemical Corp, better known as Sinopec, is planning its highest capital investment in history for 2022 after recording its best profit in a decade, echoing Beijing's call for energy companies to raise production.…

China's state-run Sinopec Group has suspended talks for a major petrochemical investment and a gas marketing venture in Russia, sources told Reuters, heeding a government call for caution as sanctions mount over the invasion of Ukraine.…

Chinese firm Huaneng Power International, Inc. (HPI) is investing in the construction of a Water Solar Photovoltaic Power Station in Dezhou City, Shandong Province. The second-phase plant, which is as large as 120MW, has connected to the…

China Petroleum and Chemical Corp, known as Sinopec, the world's largest refiner by volume, said on Tuesday its Yuanba gas field has produced more than 22 billion cubic meters of natural gas since it was put into operation in 2014, which…

China Petrochemical Corp, or Sinopec Group, said on Monday it has discovered abundant natural gas in its Zhongjiang gas field in Sichuan province. This, Sinopec said, has further stepped up the company's clean energy supply capacity…