Chinese-built supertankers transporting oil into the United States could be forced to pay fees of up to $5.2 million per each port call, according to new guidelines announced by the Trump ...

BEIJING — China's third-largest oil producer made a hostile $18.5 billion bid Thursday for U.S. oil company Unocal Corp., marking the communist nation's most ambitious attempt yet to acquire a ...

CNOOC, a Chinese energy giant, signed a deal to explore for oil at Block 7 in central Iraq, reflecting China's growing presence in the country's energy sector.

Russian Prime Minister Mikhail Mishustin is welcomed by Iranian Oil Minister Mohsen Paknejad, left, upon arrival at the Mehrabad International Airport in Tehran, Iran, Monday, Sept. 30, 2024.

Despite layers of Western restrictions aimed at curbing Moscow's revenue due to its war on Ukraine, Chinese state firms have been key clients of Russian oil, buying roughly half of Russia's ...

The Chinese market actually peaked in 2011, with revenue from auction sales falling as much as 48 percent from 2011 highs of 55.35 billion yuan to 28.85 billion yuan last year, according the China ...

Niger's junta has ordered three Chinese officials working in the oil sector to leave the country, two sources familiar with the decision told Reuters on Friday, in the latest move by regional ...