China urges oil consumers unite
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China, hosting its first major energy summit on Saturday, urged top oil consumers to join together in the face of resurgent producer power and sought to paper over differences on how best to achieve energy security.
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China's top oil firm, PetroChina, expects to raise more than $9bn  for its Shanghai market listing.
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American consumers watching the dollars rack up as they pump gas at stations across the country usually blame the high prices on the war in Iraq. But China's galloping fuel consumption could destabilize global energy markets and security even more profoundly, energy specialists say.
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China defended its booming oil trade  with Africa on Monday, and said Europe and the United States  should look at their own engagement on the continent before  criticizing Beijing.
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LONDON, Oct 11  - The Organization of Petroleum Exporting Countries says it is doing everything possible to help cool record high oil prices but its inability to meet markets&#39; wishes reduces its credibility and influence, analysts said Monday.
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The Venezuelan leader wants to export more oil to China
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Visiting Chinese Prime Minister Wen Jiabao promised support Friday for Moscow's bid for World Trade Organization membership, as the two countries discussed building a pipeline to transport Russian crude to China.
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China Petroleum &amp; Chemical Corp., Asia&#39;s largest oil refiner, offered HK$3.8 billion ($492 million) to buy shares of Sinopec Beijing Yanhua Petrochemical Co.
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Delegates attending the Third International Conference of Asian Political Parties in Beijing have called on Asian countries to strengthen cooperation of energy resources to maintain sustainable development.
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Royal Dutch/Shell Group (RD.AS) (SHEL.L) said it would jointly operate 180 gas stations in China by the end of 2004, the second foreign oil major after BP to enter the country's huge but tightly controlled retail market.
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A key communist ally of the Congress party-led coalition urged the government on Friday not to raise retail prices of petroleum products if possible despite soaring global oil prices.
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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
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OPEC President Edmund Daukoru on Tuesday called on other members of the oil exporting group to join Nigeria in reducing supply to world markets.
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The Chinese government asked the nation&#39;s biggest carmaker and largest coal miner to add domestic share sales to overseas initial public offerings to help boost a stock market that lost
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China Aviation Oil (Singapore) Corp., which accounts for almost all of China&#39;s jet fuel imports, said it&#39;s in talks with suppliers and lenders to ensure deliveries to customers after
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President Hugo Chavez, seeking to reduce Venezuela's dependence on selling oil to the United States, said Friday his country will give China greater access to its oil and natural gas resources.
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China yesterday called on Russia to ensure oil giant Yukos meets commitments to Chinese customers. Yukos said on Friday it was suspending oil exports by rail to state-owned