Private pumps idle due to tight oil supply
2007-08-01 15:58:00
Sinopec and CNPC have suspended oil supplies for private gasoline stations in Fuzhou.
Inflation fears block fuel price rise
2007-07-26 08:53:17
Rising global crude oil prices on the one hand and the growing domestic inflationary pressure on the other have put the government in a difficult situation, making it extremely difficult for it to decide whether and when to raise gasoline and diesel prices.
Oil refiners seek gasoline price hike
2007-07-18 09:43:25
In response to another round of rising global crude prices, China's top oil producers are considering seeking approval from the National Development and Reform Commission (NDRC) to increase prices of gasoline and diesel.
Oil price hike likely in October
2007-07-09 15:09:41
Top oil refiners are considering a price hike of refined oil due to higher international oil prices, and the price of refined oil in China may rise in October.
Imports of oil will rise by 10m tons
2007-07-03 11:35:49
China will use up to 350 million tons of oil this year, a rise of 10 million tons from last year, an expert with the country's top economic planner said.
PPI slows on falling oil prices
2007-06-12 15:19:31
China's producer price index (PPI) slowed in May on declining oil prices, while living materials, a major constituent of PPI, expanded faster than the month before due to soaring food prices.
Sinopec lures drivers with discount
2007-06-07 10:34:23
China Petroleum & Chemical Corp (Sinopec) is offering 0.1 yuan on Sunday discount off all products at its Guangzhou branch.
Cities to raise natural gas prices
2007-04-05 14:41:38
Chinese cities, including Shanghai, will follow Beijing's move to raise household natural gas prices to move them closer to those of oil.
Fuel oil tax in sight
2007-04-03 14:12:21
China will impose a fuel oil tax in the near future, said Chen Deming, vice-chairman of the National Development and Reform Commission.
Price hike for natural gas likely
2007-04-04 08:59:58
The government may raise the wholesale price of natural gas by 10 percent this month, said a source with China's largest oil producer.
State breaks own monopoly in oil trade
2007-03-26 13:54:39
China has issued new guidelines on private companies' entrance into crude and processed oil wholesale business, further breaking the State monopoly in the market.
Fuel price cuts spark debate on controls
2007-03-15 08:40:10
The recent 8% price cut by a joint venture fuel company, despite lasting just a day, triggered widespread concerns from the NPC and the CPPCC and rekindled the debate on whether oil price control should be eased in China.