BEIJING: Dozens of journalists from various Chinese media organisations were paid hush money totalling 125,700 yuan ($18,500) not to report a
coal mine accident in September, state media said on Thursday.
One of the journalists was later found to be a fraud but the coal mine, Huozhou Coal and Electric Group, nevertheless paid him [...]

By Emma Graham-Harrison
BEIJING (Reuters) - China’s dirty and dangerous coal mining industry cost the country a hidden $250 billion last year in lost and damaged lives, wasted energy and environmental devastation, according to a survey launched on Monday.
Pollution affected water, land and air around mines, thousands died and many more were hurt in mining accidents, [...]

BEIJING, Oct. 28 (Xinhua) — China National Offshore Oil Company Limited (CNOOC Ltd.) announced Tuesday that its net oil and gas output in the third quarter of 2008 rose by 15.2 percent over the same period last year.
The state-owned offshore oil producer said that its unaudited total revenue was 30.9 billion [...]

PetroChina Company Limited will increase its investment in its oil and gas business from 60 to 70 percent in 2009, said company chairman Jiang Jiemin on Tuesday.
PetroChina’s losses during the global financial crisis are “limited and under control”, Jiang told reporters after a shareholders meeting. He said it’s because the company has focused the majority [...]

BEIJING: China will build a further 150,000 km (93,000 miles) of oil and gas pipelines in the next 12 years, the official Xinhua news agency said on Sunday, as the energy-hungry nation looks to guarantee supplies.
China has already built pipelines to bring gas from its far western region of Xinjiang to its booming coast, and [...]

Editor:Sharon Lee
Xiangtou Holding Group signed a stock transfer agreement of the Yiyang Electricity Power Plant with China Guodian Corporation yesterday. A 97.41% share in the Yiyang Electricity Power Plant has been transferred to China Guodian Corporation, indicating that China Guodian Corporation, one of the five major power groups in China, has entered the [...]

By Xinhua writer Yang Jianxiang
BEIJING, Oct. 4 (Xinhua) — It was a mid May night, and trucks queued up at a gas station by the East 5th Ring Road of Beijing. The line was several hundred meters long, blocking a lane of the main road. At the station, the oil nozzles were left idle [...]