China National Petroleum Corp. (CNPC) announced acquisition of a 20 percent stake in Novatek-led Yamal LNG project on June 24. The Chinese oil and gas producer said yesterday that it had signed an agreement with Novatek, the ...
Chinese oil and gas producers show rising interest in oil exploration and development in the arctic regions nowadays. An insider with China Petroleum Corp. (Sinopec Group), one of the top two oil and gas producers in the Chinese mainland, ...
Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group has announced that its subsidiary Chengde Iron and Steel Co. has received an order for 7,000 mt of rebar from China National Offshore Oil Corp. (CNOOC), one of China's major ...
Tags: CNOOC, Chengde Steel, Metallurgy
China's largest buyer of LNG, China National Offshore Oil Corp., is unlikely to seek additional spot cargoes before August as it has sufficient inventory from its term contracts, said industry sources Friday. A source close to the 2.8 ...
Tags: Spot LNG Cargoes, Chemicals
China National Offshore Oil Corp or CNOOC Group, the parent of listed arm CNOOC Ltd, refined 30.08 million mt (602,400 b/d) of crude last year, up 15.2% from 26.1 million mt in 2011, the company said in its 2012 sustainable development ...
Tags: Refining Throughput, Chemicals, OIL
Shanghai-based Chinese steel giant Baosteel has announced that, with the delivery of a final batch of welded pipe, it has completed its total supply of 87,000 mt of line pipe to China National Offshore Oil Corp. (CNOOC) for the 3-1 gas area ...
Tags: Metallurgy, Mineral, Energy, steel
China's oil and gas companies could lift their total overseas equity production to 3 million b/d by 2015, the executive director of the International Energy Agency said Tuesday. "Chinese national oil companies are present everywhere in ...
Tags: oil, gas, overseas equity
Canadian oil sands startup Athabasca Oil Corp said Monday it would start an environmental impact study as part of plans to expand its Hangingstone oil sands facility in northern Alberta to 82,000 b/d. "We currently hold regulatory ...
China on Monday announced the results of its second shale gas bidding round, awarding the 19 blocks on offer to 16 domestic companies. The winners were announced at a press conference held by the Ministry of Land and Resources. ...
Tags: China, shale gas bidding, gas industry
Despite record low temperatures in China, the country's gas companies say they expect to be able to cope with increased winter gas demand in the coming weeks. Sinopec said Tuesday on its website that it had been implementing several ...
Tags: gas companies, gas, gas demand, PetroChina
South Korea's oil refiners are likely to face tougher challenges in coming years as President-elect Park Geun-Hye vows consumer-focused policies and tighter business regulations under her economic democratization platform. Park, from ...
Tags: South Korea, oil refiners, economic democratization platform, oil
With approval from the Canadian government granted on Friday, China National Offshore Oil Corp. has crossed the biggest hurdle to its $15.1 billion takeover bid for Nexen and the deal should close by the end of the year, analysts said in ...
Tags: Cnooc Nexen, LNG export facility, Oil
An oil field off the Nigerian coast with substantial reserves and potential risks has become the latest foreign prize scooped up as part of China Petrochemical Corp.'s African expansion campaign. The state owned oil gorilla better known ...
Tags: oil field, oil, China Petrochemical Corp, oil industry
Winter demand for natural gas in Shanghai is expected to rise by 50% year on year to nearly 30 million cubic meters/day (1.06 Bcf/day), Chinese state company PetroChina said Thursday. The company said the increase is due to rising gas ...
Tags: demand for natural gas, rising gas demand, seasonal consumption
Fixed asset investment in China's refining industry totaled Yuan 130 billion ($20.9 billion) from January to October, the National Development and Reform Commission said on its website Thursday. This was an 18.2% increase from the same ...
Tags: refining industry, China's refining industry, Refinery Sector Investment