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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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  • (Xinhua)2017-06-24 13:25

    BEIJING - China will cut the retail prices of gasoline and diesel for the sixth time this year from Saturday following a drop in global oil prices, the country's top economic planner said Friday. Gas price will decrease by 250 yuan (about $36.76) per ton, while the diesel price will be lowered by ...

  • By Zheng Xin(China Daily)2017-06-19 07:05

    Successes mean combustible ice may be next big source of cleaner energy Editor's note: In the run-up to the 19th Communist Party of China National Congress, China Daily will cover a series of key projects of national importance, showcasing the country's huge improvement and relentless efforts in man...

  • By Mei Xinyu(China Daily)2017-06-12 08:04

    Saudi Arabia, Egypt, Bahrain and the United Arab Emirates recently severed their diplomatic ties with Qatar, highlighting once again the turbulence engulfing the Middle East. The discord between Saudi Arabia and its allies on the one hand, and Qatar on the other, stems not only from the conflict bet...

  • By Ren Qi In Aktobe, Kazakhstan(China Daily)2017-06-09 07:14

    A technician inspects a terminal at the China-Kazakhstan gas pipeline in Horgos, the Xinjiang Uygur autonomous region. [Photo/Xinhua]The ongoing visit of President Xi Jinping to Kazakhstan will ensure more cooperation opportunities for Chinese companies in Central Asia, especially companies in the e...

  • (China Daily)2017-06-06 07:25

    Govt and policies Logistics activity stable in May China's logistics activity remained stable in May as the economy continued to stabilize, official data showed. The logistics performance index for May came in at 57.7 percent, retreating 0.5 percentage points from a month earlier, according to the C...

  • By Sumedh Anil Lokhande(Sumedh Anil Lokhande)2017-06-05 10:37

    Ever since the policy of “One Belt One Road Initiative” was propounded by President Xi Jinping, the Gulf Region Countries (Saudi Arabia, UAE, Qatar, Kuwait, Bahrain, Oman, Iraq and Iran)whole heartedly appreciated and pledge their co-operation to it. The relationship between China and Gulf Count...

  • By Helenah(chinadaily.com.cn)2017-06-02 20:18

    Before going in-depth in this analysis, it is interesting to clear up different points that turn over this topic. Many scholars working on China’s Foreign Direct Investment (FDI) in Africa argue that Official Chinese statistics do not fully capture China’s FDI, since the distinction between trad...

  • By Zheng Xin(China Daily)2017-06-02 08:40

    China National Petroleum Corp, the country's largest oil and gas producer, aims to start operating its new refinery in the country's southwestern Yunnan province by June, an auxiliary project of the China-Myanmar crude oil pipeline. The first batch of refined oil products is due in early September, ...

  • (China Daily)2017-05-31 07:32

    Item from May 31, 1992, in China Daily: After opening to foreign oil companies a decade ago, petroleum development in the Bohai Sea region is set to go into full swing. The Bohai Oil Corp is speeding up construction of three oilfields, which will produce 3 million metric tons of oil and 500 million ...

  • (Xinhua)2017-05-26 09:32

    BEIJING - China will raise the retail prices of gasoline and diesel for the fourth time this year, tracking a global crude price uptick, the country's top economic planner said Thursday. Starting Friday, gasoline and diesel prices will rise by 140 yuan (20.6 US dollars) and 135 yuan per ton, respect...

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