China energy news - crude oil, natural gas and energy market news in Shanghai and China – Shanghai Daily


Higher oil prices give BP a boost in Q2

Energy giant BP says it is increasing its dividend for the first time in almost four years after second-quarter earnings quadrupled on higher oil prices and streamlined production....

August 1, 2018, Wednesday

China’s June crude oil output down 2.3%

China’s crude oil output fell 2.3 percent year on year in June, data from the National Bureau of Statistics showed yesterday. Crude oil output came in at 15 million tons last month. And 48 million tons ...

July 17, 2018, Tuesday

Winds of change blow through US energy industry

The Trump administration wants to fire up development of the US offshore wind industry by streamlining permitting and carving out vast areas off the coast for leasing — part of its “America First” policy ...

July 6, 2018, Friday

Sinochem, ChemChina said to merge

STATE-OWNED Sinochem Group and ChemChina will merge to create a new company, and Sinochem Chairman Ning Gaoning will become the chairman of ChemChina, financial publication Caixin said late Saturday. Reuters ...

July 2, 2018, Monday

World nuke fair opens

French Finance Minister Bruno Le Maire visit the World Nuclear Exhibition, the trade fair event for the global nuclear community, in Villepinte near Paris yesterday....

June 27, 2018, Wednesday

Fall in crude oil output narrows in May

China’s crude oil output shed 1.6 percent year on year in May to 15.97 million tons, narrowed from a 2.3-percent drop in April, data from the National Bureau of Statistics showed....

June 19, 2018, Tuesday

G7 nations spend US$100b on fossil fuels

THE world’s major industrial countries spend at least US$100 billion each year to prop up oil, gas and coal consumption, despite vows to end fossil fuel subsidies by 2025, a report released ahead of the ...

June 5, 2018, Tuesday

Kenya sees oil to lift economy

An oil drilling block is seen at the Lokichar basin in Kenya in file photo. Kenyan President Uhuru Kenyatta yesterday officially launched a pilot project to truck oil for export from its remote northwest to the port of Mombasa in an effort to boost the economy. “This... marks the beginning of a long and fruitful journey,” Kenyatta said as he flagged off a convoy of oil laden trucks. ...

June 4, 2018, Monday

Solar power industry set for slower growth

China’s solar power industry is set to grow slower this year because it faces problems in financing and construction although the outlook remains optimistic, experts said at an ongoing photovoltaic technology...

May 31, 2018, Thursday

Firm eyes to boost solar tracking

CHINESE solar panel maker Trina Solar bought Spain’s Nclave to acquire its solar tracking technology, Trina told Shanghai Daily yesterday. Trina didn’t unveil the acquisition value but said it paid cash ...

May 28, 2018, Monday


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