CHINA-WIRE

Chinese state iron ore trader Sinosteel Corp won approval from the board of Midwest Corp yesterday after raising its takeover bid for the Australian mine prospector. Sinosteel’s new cash offer w... Read More

Indian iron ore miners are risking losing their Chinese market because of sharp price rises, said Luo Bingsheng, deputy director of the China Iron and Steel Association (CISA). Iron ore imports from I... Read More

Soaring oil prices have not slowed China’s consumption of oil as statistics show that China’s apparent consumption of crude oil and refined oil products both hit record highs in the first ... Read More

PetroChina, the country’s largest oil producer, said it has agreed to buy assets from parent China National Petroleum Corporation (CNPC) for 43.8 million yuan. The oil major will buy the assets ... Read More

China will become the world’s leading gold producer in 2008, with output reaching 300 tonnes, according to an estimate made by the China Gold Association on Tuesday. “Recent years have see... Read More

PetroChina Company Limited, China’s largest oil producer, said on Monday that its first-quarter net profit slid 28.6 percent year-on-year, reduced by below-cost fuel prices and windfall taxes. N... Read More

Chinese Sinohydro Corp and CWE firms(CCMD JV)signed a contract with Sudanese government in April 28, 2008 worth 396 million U.S. dollars for the project to elevate Roseires Dam in eastern Sudan. the S... Read More

At 12:00 of April 27 Khartoum local time, CCMD joint management composed of Sinohydro Corportion and Chinese Water Electricpower Foreign Company and Sudan DIU held grandly the signing ceremony of Rose... Read More

China Petroleum and Chemical Corporation (Sinopec), China’s largest oil refiner, announced Sunday that its net profits slumped 65.78 percent in the first quarter from the same period of last yea... Read More

Indonesia’s state-run power firm PLN has signed two engineering procurement contracts worth 888.4 million U.S. dollars with Chinese companies for the constructions of coal-fired power plants, lo... Read More

The SORALCHIN Oil Refinery, jointly-funded by China National Petroleum Corporation (CNPC) and the Ministry of Energy and Mines of Algeria, was put into operation in Algeria on April 5, 2007, marking t... Read More

At 9:30 local time on the morning of April 25, the signing ceremony of Indonesian PLTUNAD 2X100MW project was held grandly in Indonesian PLN Company. Deputy general manager of International Company So... Read More

China’s top official on climate change Thursday called on the international community to build a mechanism for technology development and transfer to help tackle problems associated with global ... Read More