Posts Tagged ‘oil’

China increased crude oil production

September 8th, 2010 | Tags: , , , ,
During the first eight months of this year, domestic production of crude oil amounted to 122.93 million tonnes, an increase of 1.8% over the same period last year, of According to recent statistics.
The transformation of crude oil was 199.15 mil...

The new Iraqi government will sign its first contract for oil trade with the Chinese government

September 6th, 2010 | Tags: , , , ,
Hussein al-Shahristani, Iraqi Oil Minister, revealed September 27 that if the Chinese government agrees to implement the trade agreement signed with the government of Saddam Hussein, the new government of Iraq with China will sign its first contract t...

China: 95.80 million tons of oil imported during the first 8 months of this year

September 6th, 2010 | Tags: , , , ,
The Commission of State Development and Reform Commission (NDRC) released a report yesterday that China has imported from January to August this year, 95.80 million tons of oil, or 15.3% of more than the same period last year.
It is stated in th...

Beijing will not apply the policy of “ two births per couple of highly educated ”

September 5th, 2010 | Tags: , , , ,
Li Yunli, deputy director of the Committee of Beijing Municipal Population and Family Planning, said that the Beijing government always takes account of rural residents for the purposes of the current policy of two children per couple and that ‘...

Inventories of U.S. crude oil down, stocks of refined oil up

August 24th, 2010 | Tags: , , , ,
Commercial stocks of U.S. crude oil marked down last week while stockpiles of gasoline and other refined petroleum products rose, reported Wednesday the Department of Energy in its weekly report.
For the week ended September 15, the commercial r...

China: Gross Profit CNOOC increase of 29.4% over the first eight months

August 21st, 2010 | Tags: , , , ,
Profits before tax for the Chinese oil company CNOOC (China National Offshore Oil Company) reached 32.43 billion yuan (4 billion U.S. dollars) in the first eight months of the year, up from 29.4% in yoy.
Over the same period, the turnover of the...

Myanmar / Russia / India: Exploration of oil and gas in Myanmar

August 18th, 2010 | Tags: , , , ,
Oil companies of Myanmar, Russia and India have agreed to explore oil and natural gas in a block off the area Mottama, reported Sunday newspaper New Light.
Under an agreement on production sharing initiated by the Company on state oil and gas co...

Decline in oil export to China

August 17th, 2010 | Tags: , , , ,
The export of crude oil and petroleum products has declined over the first eight months of the year, according to statistics from the General Administration of Customs of China.
China exported 4.15 million tons of crude oil over the period, down...

Crude oil potential to the global energy demand for 140 years

August 16th, 2010 | Tags: , , , ,
Abdallah S. Jum’ah, CEO of Saudi Arabian Oil Company (Aramco) said that crude oil potential was sufficient to supply the world for current consumption levels for 140 years, local media reported Thursday.
Abdallah S. Jum’ah made the r...

Oil closed below $ 64 a barrel

August 14th, 2010 | Tags: , , , ,
In New York, Brail, light sweet crude for October delivery fell 1.85 dollars to close at 63.76 dollars.
In London, Brail, Brent North Sea has lost 1.56 dollars to 62.99 dollars on October deadline.
Agency International Energy has revised T...