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China oil giants prepare Iraq evacuation plans: Report

Last Updated: Thursday, June 19, 2014, 10:31

Major Chinese oil firms have prepared evacuation plans in case spreading violence in Iraq -- a key energy provider to the Asian giant -- threatens their operations, state media reported Thursday.

Vietnam moves to silence anti-Beijing protests as China evacuates its citizens

Last Updated: Sunday, May 18, 2014, 10:04

In a sign of intensifying anti-China mood in Vietnam, the government here evacuated over 3000 Chinese nationals who were shipped to Beijing with asistance of Chinese government.

US calls as `provocative` China`s spat with Vietnam in South China Sea

Last Updated: Thursday, May 08, 2014, 09:28

The South China Sea dispute has been reignited with Chinese ships said to have rammed into Vietnamese ships in a bid to establish its oil rig in the waters claimed by both the countries.

China oil giants enjoy profit rises despite weak economy

Last Updated: Monday, March 24, 2014, 12:17

"China`s economy kept turning for the better, so demand for oil and petrochemical products in the domestic market grew stably," Sinopec chairman Fu Chengyu said in the statement.

‘China to replace US as world's largest oil importer’

Last Updated: Thursday, November 28, 2013, 17:08

Energy-hungry China would replace the US as the world's largest oil importer by the 2020s followed by India, according to a report that said emerging economies are poised to claim most of the global energy supplies.

China shuts down damaged Sinopec pipeline

Last Updated: Wednesday, November 27, 2013, 18:14

China Wednesday permanently shut down a section of an oil pipeline in east China's coastal Qingdao city after it suffered heavy damage following the recent deadly explosions that killed 55 people.

China`s oil pipeline blast toll rises to 52

Last Updated: Sunday, November 24, 2013, 14:28

The deaths in an oil pipeline explosion in Qingdao city in China`s Shandong province have climbed to 52, rescuers said Sunday.

China company apologises for explosions that kill 47

Last Updated: Saturday, November 23, 2013, 11:44

China`s largest oil refiner today apologised for explosions from a ruptured pipeline in an eastern Chinese port city that killed 47 people and injured 136 others in one of the worst industrial accidents in the country.

China oil pipeline explosion kills 35 people

Last Updated: Friday, November 22, 2013, 15:12

An explosion due to fire in a leaking oil pipeline killed at least 35 people and wounded dozens others in the city of Qingdao in China on Friday.

China holds drill to test response to oil spill

Last Updated: Monday, September 23, 2013, 17:01

China held its first national oil spill drill near the southern coast Monday to test how prepared the country was in the event of a severe marine pollution incident.

China invests in gas and oil exploration

Last Updated: Sunday, September 15, 2013, 17:58

Official figures show money spent on exploration of oil and gas fields rose from 19 billion yuan in 2002 to 67.3 billion yuan in 2011, reports Xinhua.

China set to become world's biggest net oil importer

Last Updated: Wednesday, August 14, 2013, 00:00

The shift has been driven by steady growth in Chinese demand, increased oil production in the United States, and stagnant or weakening demand in the US market, the EIA said in a report.