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The ruling party's internal graft watchdog announced in September that Jiang was under investigation for "suspected severe violation of discipline", usually a euphemism for corruption. So far 21 officials at vice-ministerial level or above have
Supply offers nation more import sources, enhances energy security Energy-rich Russia has started delivering crude oil to China as of the beginning of the year after the contract signed between the two countries last June, which will further
Africa's biggest oil producer seeks balance between its profits and benefits in emerging markets such as China As Nigeria's government prepares to implement the Petrol eu m Industry Bill that will provide "long-term" investment prospects, the country,
Despite reports on potential impact of violence in South Sudan on the oil market, the fundamentals don't justify any significant implications. South Sudan produces around 250,000 barrels per day (bpd) mainly from the Petrodar consortium fields in the
Nation seeks to reduce use of fossil fuels in move to improve air quality China's dependency on natural gas imports will continue to increase as the country is trying to reduce its fossil fuel consumption and improve air quality, experts said.
Outbound investment, calculated on the basis of deals closed, rose to $80.2 billion in the January-November period, exceeding the $77.2 billion for all of last year, the Ministry of Commerce said on Wednesday. Shen Danyang, spokesman for the ministry,
The development of China's natural gas sector offers "golden opportunities" for investors, a report by the China Energy Fund Committee says. Patrick Ho, deputy chair and secretary general of the Hong Kong think tank, released the "China Energy Focus:
06 p.m. recently convicted former Chongqing party secretary Bo Xilai . Among the people I talk to, there is a consensus that this is all about a power struggle,'' said Zhang Lifan, a prominent Communist Party historian based in Beijing.
China's Communist chief Xi Jinping has given the go-ahead for a corruption investigation into the former head of the country's internal security apparatus, the New York Times reported on Monday. Citing what it described as "sources with elite
Chinese oil demand this year is virtually certain to miss forecasts by the International Energy Agency and the country's top producer. Implied crude demand fell 5.1 percent to about 9.94 million barrels per day (bpd) in November from the same month a