The price of the main contract of China's crude oil futures settled at 420.3 yuan (76 U.S. dollars) on Friday, 4.3 yuan higher than its listed benchmark price at 416 yuan per barrel.
On Friday, the Shanghai International Energy Exchange (INE)
The price of the main contract of China's crude oil futures settled at 420.3 yuan (76 U.S. dollars) on Friday, 4.3 yuan higher than its listed benchmark price at 416 yuan per barrel.
On Friday, the Shanghai International Energy Exchange (INE)
China's first shale gas field Fuling, with an annual capacity of 10 billion cubic meters, has become the world's second largest next to North America, Ecns.cn reported on Monday.
China National Petroleum Corp (CNPC) has obtained offshore crude oil and natural gas extraction rights in Abu Dhabi, domestic news site ifeng.com reported on Wednesday, citing sources familiar with the matter.
Glencore Plc, the world's biggest producer of cobalt, has agreed to sell around a third of its cobalt production over the next three years to Chinese battery recycler GEM Co Ltd, according to a filing by GEM on Wednesday.
China's Zijin Mining Group Co. Ltd. has expressed interest in buying loss-making Serbian copper miner and smelter RTB Bor, which the Balkan state has been trying to sell for the past decade.
China National Nuclear Corporation (CNNC), one of the country's two leading nuclear power companies, is stepping up its overseas cooperation, the chairperson said Saturday.
North China's coal-rich Shanxi Province has issued its first mining project license in 13 years following an industry reshuffle to eliminate outdated coal production capacity.
Russia remained the top crude oil supplier to China in January, data showed, starting 2018 on a strong note after the operation of an expanded trans-Siberia pipeline began and as China released more crude import quotas for independent refiners.
China's coal machinery manufacturers are expected to continue their strong run till 2020, buoyed by a recovering coal mining sector, analysts said.