Chinese energy giant CNOOC is looking at building a multi-billion-dollar floating liquefied natural gas plant to produce gas from the South China Sea.» Read More
MANILA, Philippines— The chairman of a Philippine energy company said Friday a Chinese state-owned oil producer hasn't responded to a revived proposal to jointly explore a disputed area of the South China Sea but drilling will go ahead by 2016 with or without a partnership.
Tensions rise as Vietnam said on Wednesday a Chinese vessel intentionally rammed two of its ships in a part of the disputed South China Sea.
The Oracle sees good value in Canadian oil-and-gas companies with long-life reserves. The sector is now trading at historic low multiples.
China, India and other countries are spending billions of dollars to acquire U.S. oil and gas assets and gain access to proprietary energy technology.
Asian stocks ended mixed on Tuesday as weak U.S. economic data and caution ahead of this week's key risk events weighed on sentiment.
Thomas Hilboldt, head of oil, gas and petrochemical research, Asia-Pacific, at HSBC tells CNBC's "Cash Flow" his top picks for the China oil and gas space.
Leapfrogging legacy technology is a critical theme in the rise of the developing world, and China hopes to embrace this thinking when it comes to energy production.
Scott Darling, Head of Oil & Gas Sector Research at Barclays gives his top picks in China's oil & gas sector and warns that the nation's shale gas revolution might be running late by almost a decade.
Despite objections, the U.S. is heading down the road to export natural gas, and that could ultimately help shake up world energy markets.
Suncor Energy has seen "a lot of interest" from potential merger partners, but is unlikely to consent to a deal with a large international company like ExxonMobil, Suncor's CEO said Tuesday.
The U.S. oil production boom had been expected, but the magnitude of change in such a short period of time is a surprise.
Don Campbell, Co-Chair of the Pacific Economic Cooperation Council, says state owned companies will not make the list for joint-partnerships as Canada opens up to Asia.
A 2 percent rally in Japanese stocks led gains on Monday with exporters lifted by a weak yen, while Australian shares charged to a fresh four-and-a-half year high on strong corporate earnings.
Asian stock markets climbed higher on Thursday led by Australian shares, which hit a four-year high on strong corporate earnings. Risk sentiment was also boosted by firm gains in Japan and Hong Kong ahead of a weekend meeting of G20 central bank officials.
China approved the sale of HSBC's remaining $7.4 billion stake in Ping An Insurance to a group controlled by Thailand's richest man, completing the biggest equity purchase in the country by a foreign investor.
Asian stocks closed higher on Wednesday, with investors shifting their focus to corporate earnings in the region and the Federal Reserve's policy announcement later in the day.
Scott Darling, Head of Oil & Gas Sector Research, Barclays says the rebound in China's oil demand is not typical re-stocking ahead of the Lunar New Year. His top picks include PetroChina and CNOOC.
Asian shares ended mostly lower on Thursday, paring initial gains as investors cashed in their chips following recent rallies with demand also capped by caution ahead of Chinese data on Friday.
Chevron has signed production-sharing contracts with CNOOC for two exploration blocks in the South China Sea even after drilling three dry holes there last year.
The euro rose against the dollar Monday as comments made by Italy's prime minister allayed fears about the country's outlook.