cippe, the Must-Visit Petroleum Event

cippe is the event that more than 120,000 visitors must attend on the agenda every year. Not only the top exhibitors and speakers they can meet, but also the latest products and technology of petroleum and petrochemical they can find on-sit......【more】



What happened Beijing and Shanxi unveiled new policies for winter price hikes at bothcity gate and end user levels for non-residential consumption. Shanxifor the first time introduced a tiered city gate pricing mechanism andallowed full pri......【more】


Iran hails cooperation between OPEC, non-OPEC countries for maintaining oil market stability

TEHRAN, Sept. 5 (Xinhua) -- Iran on Tuesday praised the cooperation between members of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC members for helping stabilize the oil market. The convergence of the OPEC and n......【more】


Brazilian minister denies privatization of oil giant Petrobras

RIO DE JANEIRO, Oct. 3 (Xinhua) -- Brazils Mines and Energy Minister Fernando Coelho denied Tuesday that the government intends to propose the privatization of state-controlled oil and gas giant Petrobras. The minister said this issue is no......【more】


Singapore's firm signs deal with Cambodia for first-ever oil extraction from Cambodian seabed

Cambodian Mines and Energy Minister Suy Sem (R) shakes hands with KrisEnergys chief operating officer Kelvin Tang during a signing ceremony in Phnom Penh, Cambodia, on Aug. 23, 2017. Singapore-based oil and gas company KrisEnergy signed a l......【more】


Russia's Rosneft mulls stake in Croatian oil company INA: report

ZAGREB, Oct. 28, (Xinhua) -- Igor Sechin, head of Russia's largest oil producer Rosneft, told Croatian daily Jutarnji List that Croatia is in the center of the Rosneft's regional development strategy and that the company is considering to ac......【more】


S. Sudan sees hope in rising oil price to shore up battered economy: official

JUBA, Dec. 4 (Xinhua) -- South Sudan said on Monday that it hopes to benefit from rising global oil prices to shore up its battered economy in the wake of more than three years of brutal violence that cut off production in its northern oil f......【more】


Kidnapped Pakistani oil engineer released in southern Libya

TRIPOLI, March 6 (Xinhua) -- A Pakistani engineer working in an oil field in southern Libya, who was kidnapped by an unknown armed group last week, has been released, a security official told Xinhua on Tuesday."The Pakistani engineer Shahid......【more】


Under-explored areas of North Sea to be surveyed for oil

LONDON, Sept. 25 (Xinhua) -- Up to 20 billion barrels of oil remain beneath the North Sea off the Scottish coast, Britain's energy minister Richard Harrington said Monday.He was speaking as Chancellor of the Exchequer Philip Hammond was in S......【more】


Oil prices decrease after solid gains

NEW YORK, Nov. 7 (Xinhua) -- Oil prices eased on Tuesday, after both U.S. crude and Brent posted solid gains in the previous session.Saudi Arabia has arrested 11 princes and 38 sitting and former ministers and deputy ministers over corruptio......【more】


Malaysia's Petronas forecasts oil prices to hover around 50 to 60 USD per barrel

KUALA LUMPUR, Dec. 4 (Xinhua) -- Petronas, Malaysia's national oil giant, said in its activity outlook report for 2018 to 2020 on Monday that it expects oil prices to hover around 50 U.S. dollars to 60 U.S. dollars per barrel, following the......【more】


China's crude oil output falls 3.4 pct

BEIJING, Nov. 29 (Xinhua) -- China's crude oil output fell 3.4 percent year on year in the first ten months as refineries cut production and imported more due to high exploitation costs, data from the National Development and Reform Commissi......【more】


Venezuela unveils oil-backed crypto currency

CARACAS, Dec. 3 (Xinhua) -- Venezuelan President Nicolas Maduro on Sunday announced the creation of a crypto currency, backed by the world's largest oil reserves, to counter U.S. sanctions that choke off his country's access to dollars."Vene......【more】


Large oil field discovered in Xinjiang

URUMQI, Dec. 1 (Xinhua) -- An oil company announced Thursday that it had found a conglomerate oil field with an estimated one-billion-tonne reserve in the Junggar Basin in Xinjiang Uygur Autonomous Region.The oil field in the Mahu Area, with......【more】


Chinese scientists develop sponge that can separate oil and water

SHENYANG, Dec. 19 (Xinhua) -- Chinese scientists have developed an artificial sponge material that can separate oil and water to be used for treating water contaminated by industrial sewage.A paper on the research undertaken by the Institute......【more】