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An oil is any neutral chemical substance that is a viscous liquid at ambient temperatures, is immiscible with water but soluble in alcohols or ethers. Oils have a high carbon and hydrogen content and are usually flammable and slippery (nonpolar). Oils may be animal, vegetable, or petrochemical in origin, volatile or non-volatile.
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  • By Zheng Xin(China Daily)2017-03-23 07:49

    Technicians from Sinopec and local African workers at an oil exploration site in Sudan. [Photo/China Daily]Through deal, Chinese group lands first refinery, other key interests on continent Asia's biggest oil refiner China Petrochemical Corp, known as Sinopec, said on Wednesday it had nailed an agre...

  • (China Daily)2017-03-22 07:34

    Govts & policies Nation committed to trade system China is committed to safeguarding a multilateral trade system, since the system gave enormous benefits to the least developed countries, Chinese Vice-Minister of Commerce Wang Shouwen said on Monday. Speaking at the opening ceremony of the fifth Chi...

  • By Jing Shuiyu(China Daily)2017-03-21 07:01

    A Saudi Aramco employee sits in his company stand at the Middle East Petrotech, an exhibition and conference for the refining and petrochemical industries, in Manama, Bahrain. [Photo/Agencies]The world's largest oil producer Saudi Arabian Oil Co, also known as Saudi Aramco, is set to continue beefin...

  • By Zhong Nan(China Daily)2017-03-20 07:31

    Workers from China Communications Construction discuss a project in Jeddah in Saudi Arabia. [Photo/Xinhua]Agreements signed for projects between Gulf country and ChinaChina and Saudi Arabia will continue to diversify economic cooperation and develop stronger trade ties in 2017, as their products are...

  • By Jing Shuiyu(chinadaily.com.cn)2017-03-19 11:51

    Amin Nasser, president and CEO of Saudi Aramco, discusses the company's strategy with China Daily. [Photo provided to China Daily by Saudi Aramco]The world's largest oil producer Saudi Arabian Oil Co, also known as Saudi Aramco, will continue to beef up integrated downstream investments in China as ...

  • (Xinhua)2017-03-17 10:24

    AMMAN - A consortium of several banks from China has provided $1.58 billion and 15-year debt facility to support an oil shale power plant in Jordan, which will be the largest private sector project in the country. The debt facility has been lead arranged by Industrial and Commercial Bank of China, B...

  • (Xinhua)2017-03-17 09:29

    BEIJING - China's crude oil output fell 8 percent year on year in the first two months of 2017 as refineries slashed production and imported more due to high exploitation costs, data from the National Bureau of Statistics (NBS) showed Thursday. Crude oil output came in at 31.4 million tons during th...

  • By Yu Xiang(China Daily)2017-03-16 07:56

    Premier Li Keqiang reiterated in his news conference on Wednesday the vital importance of healthy and sustainable Sino-US ties for both countries, especially emphasizing that the two countries should avoid a trade war. The premier's confirmation that both countries are working closely on a possible ...

  • (Xinhua)2017-03-15 08:53

    BEIJING - China will lower the retail prices of both gas and diesel by 85 yuan ($12.3) per ton from Wednesday due to falling international prices, according to the country's top economic planner.It will be the second oil price cut this year, according to the National Development and Reform Commissio...

  • By Ayman Alhammad(China Daily)2017-03-15 08:21

    Tourists ride camels on the Mingsha Sand Dunes during a visit to Crescent Moon Spring on the outskirts of Dunhuang county of northwest China's Gansu province. [Photo/China Daily]King Salman bin Abdulaziz Al Saud of the Kingdom of Saudi Arabia will pay a state visit to China from March 15 to 18.Why i...

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