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    1. July 14, 2015

      Ineos close to deal on Sinopec dispute

      Ineos, the European refining and petrochemicals company, is close to reaching a settlement with Sinopec, after...

    2. July 7, 2015

      China stocks fall in defiance of Beijing’s support efforts

      Hundreds of Chinese companies have halted trading in their shares as Beijing struggles to insulate the economy from the...

    Special Reports

    1. Oil Industry 2013

      A shift on the part of US independents, many of which have been under pressure from sh...
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      Battle builds to discard bad habits of the past...
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    1. June 24, 2015

      Gas leak raises fears over China network

      A brand new natural gas pipeline operated by China National Petroleum Corp in the southwestern province of Yunnan has...

    2. May 18, 2015

      China corruption purge snares 115 SOE ‘tigers’

      More than 100 top executives from some of China’s largest state-owned enterprises have been detained on suspicion of...

    3. May 4, 2015

      China shakes up leadership at 3 state oil groups

      China appointed new heads for each of its three national oil companies on Monday, in a sweeping reshuffle of the...

    4. April 29, 2015

      Beijing plans curbs on shale gas subsidies

      China has announced it will step down shale gas subsidies over the next five years, in a further blow to the nation’s...

    5. April 28, 2015

      China oil groups rebuff merger rumours

      China National Petroleum Corp and Sinopec, China’s top two state-owned oil companies, have denied they are considering...

    6. April 27, 2015

      China’s anti-graft investigators detain Sinopec president

      The president and vice-chairman of Sinopec, the Chinese petrochemical giant, has been detained by Communist party...

    7. FT Alphaville

      April 8, 2015

      FirstFT (the new 6am Cut)

      You can sign up to receive the email here Royal Dutch Shell is in “advanced” talks to buy BG Group for GBP46bn ($68bn),...

    8. March 26, 2015

      PetroChina looks to ‘swap’ Canadian assets

      China’s biggest oil major by market value is “actively engaged” in talks to swap North American assets with...

    9. March 25, 2015

      China low on crude oil storage capacity

      A shortage of storage may force China to curb purchases of crude oil for its strategic reserves, according to a...

    10. March 23, 2015

      Crude slide prompts Sinopec to cut capital expenditure

      China’s Sinopec has become the latest oil major to cut its capital expenditure, after the slide in crude prices knocked...

    11. FT Alphaville

      February 23, 2015

      SOE you think you can reform, even larger state entity creation edition

      A rumour started floating around last week that a CNPC-Sinopec merger might, just might, be on the cards with the FT...

    12. February 18, 2015

      China ponders plan to create oil ‘supermajor’

      China is considering merging some of its state-owned oil companies as sliding crude prices leave them saddled with...

    13. February 3, 2015

      Cnooc to cut spending by up to 35%after oil price plunge

      Cnooc, China’s third-largest oil producer, is to cut capital spending by up to 35 per cent this year compared with...

    14. January 6, 2015

      Widening graft probe snares China Southern CFO

      China’s largest airline has lost its chief financial officer as part of a widening investigation that has claimed four...

    15. December 4, 2014

      China’s anti-corruption drive targets Sinopec

      China’s anti-corruption drive has turned its attentions to Sinopec, claiming the scalp of a senior executive at the...

    16. beyondbrics

      November 21, 2014

      Guest post: EM can join the shale gas revolution

      By Melissa Stark, Accenture A lot has been written about the shale gas and oil boom in the US and why that model cannot...

    17. The A-List

      November 21, 2014

      Rethinking China’s state-owned enterprises

      The last time China got serious about reforming its state-owned enterprises (SOEs) was nearly two decades ago when...

    18. November 20, 2014

      China releases first formal estimate of strategic oil reserves

      China has for the first time offered a formal estimate for a portion of its strategic petroleum reserves, following...

    19. FT Alphaville

      November 13, 2014

      Can 1980s Europe really tell us anything about Chinese SOE reform?

      State Owned Enterprise reform optimism in one chart, courtesy of Bernstein: And here’s at least part of its foundation:...

    20. November 4, 2014

      China levies first fines for slow progress on shale gas

      Chinese authorities have for the first time fined shale gas developers including state-owned oil company Sinopec for...

    21. October 12, 2014

      China’s state sector leaders embrace pay cuts of up to 60%

      The corporate reporting season for China’s largest state-owned enterprises, which concluded last month, featured an...

    22. October 9, 2014

      Lawsuit puts China biodiesel policy in spotlight

      A lawsuit accusing China’s largest oil refiner of muscling a start-up out of the market has turned a spotlight on the...

    23. September 17, 2014

      China SOE reform no fee bonanza for bankers

      China’s move to reform its state-owned enterprises has seen more than $50bn of assets change hands in just two deals...

    24. FT Alphaville

      September 16, 2014

      SOE you think you can reform, the optimists' roster

      Evidence of something — even if it’s not necessarily reform — from Deutsche: Noteworthy announcements about SOE reform...

    25. September 15, 2014

      Sinopec: SOE near yet SOE far

      You cannot keep all of the people happy all of the time. China’s latest restructuring of a state-owned enterprise is...

    26. September 14, 2014

      Sinopec sells $17.4bn retail unit stake

      Chinese oil champion Sinopec is selling a $17.4bn stake in its retail unit to a large group of mostly domestic...

    27. September 7, 2014

      Sanctions help Russia overcome its China paranoia

      If western governments are right, Russian troops are now fighting in Ukraine. Forty-five years ago, they were facing an...

    28. September 1, 2014

      Rosneft proposes Chinese company take stake in Russian oilfield

      Rosneft is proposing that China take a stake in one of its largest oilfields, in a deal that would further deepen...

    29. August 28, 2014

      PetroChina behind Sinopec in China’s shale gas race

      Chinese oil company PetroChina vowed to catch up with its arch-rival Sinopec in shale gas production next year, as the...

    30. August 28, 2014

      China issues crude import licence to group not owned by the state

      China has issued a crude import licence to a non-state-owned company after months of expectations, in a grudging first...

    31. July 2, 2014

      CNPC and Total in talks to transfer stake in joint venture

      China National Petroleum Corp and French oil major Total are in talks to transfer a stake in a joint venture oil...

    32. June 27, 2014

      Trader who tapped Tehran to power China

      In defiance of US sanctions, one man was for two decades the linchpin of China’s oil dealings with Iran: a...

    33. June 26, 2014

      Reliance Industries: love and hate

      Energy companies in emerging markets are hostage to their governments. You hate that; everyone hates that. Investors...

    34. May 13, 2014

      PetroChina to spin off key gas pipelines

      China’s largest oil company has joined the ranks of state-owned companies offering up prized assets in order to raise...

    35. April 22, 2014

      CNPC launches project to lift oil production in China’s northeast

      CNPC is trying a new tack on old oilfields in northeast China, as its largest oil company tries to stem declining...

    36. beyondbrics

      April 15, 2014

      Sinopec in $1.2bn deal with Lukoil as China moves deeper into Central Asia

      Lukoil has agreed to sell its stake in several oil projects in Kazakhstan to Sinopec for $1.2bn, in the latest of a...

    37. FT Alphaville

      April 14, 2014

      SOE this is what passes for reform?

      When is reform of a Chinese state-owned enterprise not reform at all? When it’s not going to create value. Arguably,...

    38. April 12, 2014

      Oil leak and tap water outage shows China pipeline dangers

      Water supplies to a northwestern Chinese city were cut off for a day after leaking oil from a petrochemical plant...

    Search for China Petroleum & Chemical Corp and