China offers 8.48b yuan in oil price subsidies

2006-06-07 09:21:03

Vice Finance Minister Zhu Zhigang said on Tuesday that China has offered a total of 8.48 billion yuan (over US$1 billion) in subsidies to the country's disadvantaged communities, including grain growers, fishermen, and taxi drivers.

Stable long-term oil supply predicted

2006-05-29 08:42:13

China can maintain a healthy oil supply with new discoveries in its sea and land-locked western regions, despite growing exploration difficulties.

China's oil supply faces risks - Expert

2006-05-28 10:57:16

China's oil supply is facing risks, which need to be solved mainly through domestic efforts.

Stable growth of oil output expected

2006-05-27 16:29:58

Chinese energy experts say China is able to keep a stable growth of domestic oil output in the next 10 to 15 years.

China closes gap on international oil prices

2006-05-25 14:12:42

The Chinese government raised the prices of gasoline, diesel and aviation kerosene by 500 yuan (62.4 US dollars) per ton on Wednesday.

Steady increase in crude oil output

2006-05-24 14:27:30

China will see a steady increase in its oil production during the 11th Five Year Program, with the crude oil estimated to be between 185 and 195 million tons.

Blame oil prices on politics, not China's demand

2006-05-19 09:49:28

China is the fastest growing economy in the world. It has the fastest growing middle class. It is also one of the fastest growing fuel consumers. But that is the logical conclusion of the second proposition of the syllogism.

China to substitute bio-fuel for refined oil products

2006-05-17 11:15:23

China will be able to substitute bio-liquid fuel for 10 million tons of refined oil products in 2020, said a Chinese energy think tank on Tuesday.

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