Posted on 01 May 2012
2012-05-01 (China Military News cited from sundayszaman.com) -- China is considering sovereign guarantees for its ships to enable the world's second-biggest oil consumer to continue importing Iranian crude after new EU sanctions come into effect in July, the head of China's ship-owners association said.
Tough new European Union sanctions aimed at ... READ MORE
Posted on 01 March 2012
2012-03-01 (China Military News cited from Beijing Daily) -- The Civil Aviation Administration of China (CAAC) began reviewing the airworthiness of the No.1 Aviation Biofuel which is China's first independently developed aviation biofuel product.
The biofuel product is developed by Sinopec, the country's top oil refiner.
Sinopec began laboratory research on the ... READ MORE
Posted on 06 February 2012
2012-02-06 (China Military News cited from Reuters and by Chen Aizhu) -- China will halve its crude oil imports from Iran in March compared to average monthly purchases a year ago, as a dispute over payments and prices stretches into a third month, oil industry sources involved in the deals said ... READ MORE
Posted on 04 February 2012
2012-02-04 (China Military News cited from UPI) -- China, contemplating the possible disruption of oil supplies from Iran, appears to be making moves toward cementing its links with energy newcomer Israel, a move that could outflank the United States in the Middle East.
One strategic joint venture that's being mooted is ... READ MORE
Posted on 27 January 2012
2012-01-28 (China Military News cited from Reuters and by Dmitry Zhdannikov) -- As the European Union prepares to ban Iranian oil and the United States turns the screw on payments, oil executives and policymakers say China and Russia stand to gain the most and Western oil firms and consumers may ... READ MORE
Posted on 22 January 2012
2012-01-23 (China Military News cited from livetradingnews.com) -- At the just concluded 5th Annual World Future Energy Summit in Abu Dhabi, China’s Premier Wen Jiabao made a speech outlining China’s efforts to adopt clean technology and renewable energy.
But, noted that China’s coal dominated energy structure will be very difficult to ... READ MORE
Posted on 06 January 2012
2012-01-06 (China Military News cited from Reuters and by David Stanway and Benjamin Kang Lim) -- China is considering a proposal to create an energy "super-ministry" as part of a sweeping cabinet reshuffle in 2013, two independent sources said, a step that would help Beijing impose its will on an ... READ MORE
Posted on 01 January 2012
2012-01-01 (China Military News cited from seattletimes.nwsource.com and by Andrew Higgins) -- At exactly 48 minutes past midnight a year ago Jan. 1, Russia did something it had never done before: It began pumping oil to China across a 2,600-mile border that once bristled with tanks, troops and nerve-shredding tension.
The ... READ MORE
Posted on 28 December 2011
2011-12-28 (China Military News cited from AP) -- Afghanistan’s government signed a deal Wednesday with China’s state-owned National Petroleum Corporation, allowing it to become the first foreign company to exploit the country’s oil and natural gas reserves.
The contract, which covers the northeastern provinces of Sari Pul and Faryab, is the first ... READ MORE