China, at energy summit, urges oil consumers to 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 today called for a swift resolution to the Iraqi oil-for-food scandal, saying it wanted to see an independent and objective investigation.
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China's prime minister arrived in Moscow on Thursday to discuss Russia's bid to join the World Trade Organization and China's efforts to secure a steady supply of Russian oil for its booming economy.
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The New York Times reports that Chinese energy companies are maneuvering to strike ambitious deals in efforts to win access to Canadian oil.
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China wants to start direct negotiations with OPEC to secure a stable oil supply and an equitable share of the oil market, a top official said here Monday, in comments that underline the Chinese economy's rapidly growing energy needs.
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Outgoing U.S. Energy Secretary Spencer  Abraham said on Friday China would emerge a leader in nuclear  energy and called for further cooperation between the two  countries in developing alternative sources of power.
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China will host a meeting of top U.S. and  Asian energy officials next month, South Korea's energy  ministry said on Tuesday, as Beijing steps up efforts to  co-ordinate consumer nation policy and rein in oil prices.
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The International Energy Agency on Tuesday urged major Asian economies to work together to develop oil and natural gas fields in Siberia, and offered to act as a go-between.
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China promised on Monday to integrate climate change policy into its industrial and energy sectors, but said it would not cave in to international pressure over global warming by sacrificing economic growth.
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Declaring that high oil prices are a threat to the global economy, the world's industrialized countries urged producers Friday to provide price relief by boosting supplies.
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China appealed to North Korea on Tuesday to join working meetings before a new round of six-party talks on dismantling its nuclear program, despite the North's declaration that it saw no point in attending.
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China's President Hu Jintao gave qualified support to an Australian initiative on climate change on Thursday as a rift opened at the APEC meeting over the "Sydney Declaration" and its targets for cutting greenhouse gas emissions
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Rising oil prices are expected to hit China's growth rate this year.
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The world's top finance officials on Friday asked oil-producing nations to step up output and agreed it was crucial to work out exactly why prices have soared to levels that threaten global growth.
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China's President Hu Jintao gave qualified support on Thursday to Australia's initiative on climate change, as a rift opened at APEC's meetings over the "Sydney Declaration" and targets to cut greenhouse gas emissions.
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BP Plc hopes to take advantage of China's growing clout in the global energy market by jointly tapping oil and gas reserves with Chinese companies in foreign countries, state media said.
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If China wants to slow the rate of economic growth and oil demand slows because of that, &quot;then the oil prices at these levels are too high,&quot; he said.