Canada will continue to welcome Chinese investment and has taken concrete steps to facilitate capital inflow to further strengthen economic interdependence with China, Canadian Governor General David Johnston said on Saturday. A ...
Tags: Chinese Investment
The UAE and Saudi Arabia have emerged as the biggest markets among GCC states for the deployment of solar power, accounting for most of the projects. The six GCC countries altogether have sanctioned solar power installation projects worth ...
Tags: Solar Projects, GCC states
Russian pipemaker TMK has informed that it has shipped 3,500 mt of oil-and-gas pipes with an outside diameter of 273.1 mm and 323.9 mm of strength grade X60QS produced by Volzhsky Pipe Plant ( a part of TMK Group) for the construction of ...
Tags: pipemaker, Offshore Pipelines
Oil prices dropped on profit- taking Monday after gains for six trading days on concerns that the unrest in Egypt could disrupt oil supplies. Although Egypt is not a major oil producer, it controls the Suez Canal and the ...
Tags: Oil Prices
Net profit at China National Offshore Oil Corp. (CNOOC) rose 7.9 percent in the first half of 2013, the company said Tuesday. Net profit hit 34.4 billion yuan (5.6 billion U.S. dollars) in the first half and sales revenue grew 15.8 ...
Tags: Offshore Oil, Oil, Metallurgy, Mineral, Energy
Possible deals said to be in the works with Exxon Mobil, Russia's Lukoil PetroChina Co, China's largest oil explorer, may join with United States-based energy giant Exxon Mobil Corp to co-develop the West Qurna oilfield in Iraq, which ...
Tags: Petrochina, Chemicals
Canadian distributor Market Solutions International, which services the oil sands region of Canada, recently purchased 100% recycled STRUXURE® Construction Mats from AXION. The 16 ft long mats are to be used in Northern Alberta as a ...
On July 8, Fortune Magazine published its list of the global top 500 companies for 2013. Sinopec ranked No. 4, the highest of any Chinese company on the list, with annual operating revenue of US$428.167 billion. This is the fifteenth ...
Tags: Sinopec, Fortune 500 List
China's investment in Africa has increased 30-fold since 2005, a commerce official said Thursday. According Ministry of Commerce spokesman Yao Jian, who spoke at a press conference in Beijing Thursday, the investment was divided amongst ...
Tags: African Investment
OPEC's collective oil export earnings rose 8.5% to $1.24 trillion in 2012 from $1.14 trillion in 2011, the oil producer group said Friday in its latest annual report. It stressed that the 2012 figure was a preliminary estimate. The group ...
Tags: OPEC, Oil Exports
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 ...
China National Petroleum Corporation (PetroChina Group) revealed details for enlarging long-term crude oil trade between Russia and China. According to the contract, the Chinese oil producer will import Russian crude oil of 46.1 million ...
Tags: Crude Oil, PetroChina
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, ...
Partners Khaled Juffali Company (KJC), a Saudi Arabian investment company, and concentrating photovoltaic (CPV) solar system maker Soitec of Bernin, France, say that the Saudi Arabian Oil Company (Saudi Aramco), a global petroleum and ...
Tags: Soitec CPV, Solar, Electrical, Electronics
Chinese oil giant Sinopec is expected to see drilling right of an oil field operated by its subsidiary Addax Petroleum in Gabon be withdrawn by local government. Etienne Ngoubou, a senior official with the Gabonese government, disclosed ...
Tags: Metallurgy, Sinopec