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Consumers hit as global gasoline prices soar
Nov.01,2021High demand Natural gas has become increasingly popular in recent years as nations and utilities have turned to it to replace coal. While it is still a fossil fuel, natural gas burns cleaner than coal. It also can help countries meet commitments to reduce greenhouse g...
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Consumers hit as global gasoline prices soar
Nov.01,2021An employee updates fuel price signs at a gasoline station in Nice, France, last month. [Photo/Agencies] Producers in no rush to come to the rescue With gasoline prices continuing to surge across the world, there appears to be no relief in sight. Producers that ex...
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3 oil giants look slick on robust H1
Sep.29,2021China National Petroleum Corp, the country's largest oil and gas company, reported a net profit of 53.04 billion yuan ($8.18 billion) during the first six months of this year, compared to a net loss of 29.98 billion yuan during the same period last year. First-half reve...
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CNOOC invites foreign firms to bid for 19 blocks of offshore oil and gas
Sep.01,2021China National Offshore Oil Corp, one of the country's three major oil and gas companies, unveiled a tender on Monday inviting foreign companies to bid for 19 blocks to further tap the potential of China's offshore oil and gas development with mutually beneficial cooper...
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Sinopec to invest 30b yuan in hydrogen related business
Aug.31,2021Sinopec employees charge a vehicle with hydrogen in Qingdao, Shandong province. [Photo by Yu Fangping/For China Daily] China Petroleum and Chemical Corp, which is known as Sinopec and is the world's largest refiner by volume, plans to invest 30 billion yuan ($4.64 ...
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