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BP’s CEO won’t boost spending, signals caution on oil rebound
Jan 18,2017
DAVOS, Switzerland (Bloomberg) -- BP boss Bob Dudley is not yet ready to boost spending despite the rebound in oil prices Read More
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China's CNPC forecasts record oil demand, warns on product glut
Jan 13,2017
BEIJING (Reuters) -- China s crude oil demand will grow by 3 4% this year to a record of almost 12 MMbpd, the country s top state-owned oil producer forecast on Thursday, as refiners in the world s second-biggest oil user ramp up output Read More
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US refiners face severe labor shortage for deferred maintenance
Jan 06,2017
(Reuters) -- After years of running flat out, US Gulf Coast refiners are lining up repairs to plants in 2017 -- but facing a severe labor shortage that could delay work, drive up costs and raise accident risks Read More
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China slashes first round of oil products export quotas – sources
Dec 29,2016
China has cut oil product export quotas to the nation s four oil majors by 40 percent in the first round of licences for 2017, according to two sources who have seen the documents, even as traders expect allowances for overseas sales Read More
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China energy consumption seen up 1.4 percent in 2016: Xinhua
Dec 28,2016
China s total primary energy consumption is expected to have reached 4 36 billion tonnes of coal equivalent in 2016, up 1 4 percent compared to last year, the official Xinhua news agency said on Wednesday, citing the country s top energy official Read More