Editors Note: This year marks the 40th anniversary of Chinas reform and opening-up. China Daily interviewed top executives of well-known multinational companies for their views on the countrys socioeconomic development. Energy firm is commi

1.Global energy giant Royal Dutch Shell Plc has announced plans to triple the number of gas stations it has in China to 3,500 by 2025, in response to the recent lifting of restrictions on foreign investment in the sector. 2.Port o

Chinas imported iron ore market shows signs of weakness. Traders tend to boost sales by lower quotations by RMB5/tonne or so and steel mills have an increasing buying interest and are active in enquiry. High grade iron ore resources are quo

Chinas Sinopec Corp has teamed with Zhejiang Energy Group Co Ltd on a 3 million tonne-per-year liquefied natural gas (LNG) terminal in east China, with the first phase set for operation at end-2021, the state oil giant said on Wednesday. Th

For the first time, China has built two identical giant vessels for land reclamation. They will be used in infrastructure projects both in China and in countries along the Belt and Road. Their completion is a milestone, marking the beginnin

An increase in the number of ships adding cleaning systems to their smokestacks will mean vessels will continue to burn a sizable amount of fuel oil once new sulphur regulations for the fuel go into effect, Vienna-based consultancy JBC Ener

The first cruise ship from AIDA Cruises to use LNG leaves the MEYER WERFT covered building dock. Once the AIDAnova has left the building dock, the vessel will berth at the shipyards outfitting pier, where its mast and funnel cladding will b

Unconventional reservoir technologies and data analytics are key to boosting oil and gas exploration and production in China, according to a senior executive of United States energy company ConocoPhillips. When we think about Chinas energy

Global energy giant Royal Dutch Shell Plc has announced plans to triple the number of gas stations it has in China to 3,500 by 2025, in response to the recent lifting of restrictions on foreign investment in the sector. Shell is already the

YANG Ming Marine Transport Corp has ordered ten 2,800 TEU vessels from CSBC Corp in Taiwan with delivery slated to commence in the second quarter of 2020. The carrier said the newbuilds will be well-suited for deployment in most of the majo

1.The United States liquefied natural gas (LNG) industry is at risk of losing out in the growing Chinese market,as the trade war between the two countries continues to escalate, analysts said. 2.CNOOC said it would provide more liquefied na

Chinas imported iron ore market shows signs of weakness. Traders tend to boost sales by lower quotations by RMB5/tonne or so and steel mills have an increasing buying interest and are active in enquiry. High grade iron ore resources are quo

Chinese shipping giant China Ocean Shipping Company (COSCO) has acquired a majority stake in Spains largest maritime terminal operator, Noatum Ports. The operator manages a pair of maritime terminals in the cities of Valencia and Bilbao, as

Hong Kong-listed box manufacturer and logistics operator, Singamas Container Holdings has blamed rising material costs and the appreciation of the Renminbi for a US$2.1m loss in the first half of 2018, despite revenue of US$969.22m. In 2017

The International Maritime Organisations new regulation for the worlds ocean-going vessels to use fuel with a maximum sulphur content of 0.5 per cent down from 3.5 per cent starting from the beginning of 2020 could push up diesel prices by