CAO seeking help from CNPC for oil crisis
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China Aviation Oil or CAO has appealed to China National Petroleum Corporation or CNPC to prevent the aviation oil supply shortage in the 100 airports it serves.
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By You Nuo  The central government of China should set up a new and powerful commission to help protect the nation's environment.
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Ministers for the Organization of the Petroleum Exporting Countries are gathering in Vienna on Wednesday to grapple with whipsawing prices and the world&#39;s seemingly insatiable demand for oil.
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The president of the Organization for Petroleum Exporting Countries (OPEC) asked the United States to release some of its emergency oil stocks.
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The Venezuelan leader wants to export more oil to China
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THE man at the centre of the China Aviation Oil (CAO) scandal is expected back in Singapore and with him possibly will come the key to unlocking the mystery behind the company&#39;s collapse.
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OPEC took the unprecedented step of urging the United States to tap its emergency crude reserves to bring down world oil prices.
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The Bush administration said Thursday it is weighing a request from several U.S. refiners to borrow crude oil from the nation's emergency stockpile to help offset supply disruptions along the Gulf Coast from Hurricane Ivan.
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CALGARY, Alberta  - Iraq's oil ministry has called  for new bids to develop an oil field in the war-torn country, a  major setback for the Canadian company that appeared to have  won the contract, a top executive with the firm said on Friday.
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Two major oil companies and a small  Louisiana refiner are negotiating with the U.S. Department of  Energy to borrow crude from national emergency reserves as  crude producers in the Gulf of Mexico slowly recover from  Hurricane Ivan, sources said on Friday.
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CNOOC to kick off bidding for untapped oil and gas resources in South China Sea    BEIJING, March 7 (Xinhua) -- China National Offshore Oil Corp.
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OPEC's president has taken the  unprecedented step of urging the United States to tap its  emergency crude reserves to bring down world oil prices.
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China will spend about $3.4 billion over two to three years laying thousands of miles of oil pipelines to help secure its energy supply in the face of soaring prices and demand.
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Ohio Gov. Bob Taft is asking Ohioans to reach into their pockets to help victims of the Asian earthquake and tsunami disaster. In a statement, Taft asked for cash donations to be made to the American Red Cross International Response Fund.
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China is considering halting efforts to make oil from coal due to concerns about the expense and energy demands, a state news agency on Sunday quoted an official as saying.
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Ecuador has started to examine its oil agreements to determine if private companies have breached their contracts with the nation, South Americaâs fifth-largest oil producer, the energy minister said. âA committee will look into all contracts. It will review all we need to review and we are seeking transparency,â the oil minister, Alberto Acosta, said. The nine-member committee of energy officials and specialists is examining exploration and development contracts, which are mostly in the hands of foreign oil companies like Petrobras of Brazil and Repsol-YPF of Spain.
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The world&#39;s top finance officials on Friday asked oil-producing nations to step up production and agreed it was crucial to work out exactly why prices