The Vietnamese government and state-owned PetroVietnam have objected to drilling operations by China National Offshore Oil Corp. in the South China Sea, saying that a rig owned by the Chinese company is in Vietnamese waters. Vietnam's ...
China's state-owned refiners are raising planned crude runs in April to average 82% capacity, up from 81% in March, Platts monthly survey showed Tuesday. The 23 refineries surveyed plan to process a combined 17.495 million mt (4.275 ...
Tags: Refiners, PetroChina
Not content with selling gas domestically, some of China's private gas distribution companies are becoming increasingly ambitious and are planning to enter the LNG import business, competing directly with state-owned LNG buyers such as ...
Tags: Gas, LNG Imports, Natural Gas
China's CNOOC International Ltd has started preparation work for oil and gas exploration in Iceland's offshore Dreki Area, an official with CNOOC's Investor Relations Department said Friday. This makes CNOOC the first Chinese upstream ...
China National Offshore Oil Corp (CNOOC), the country's largest offshore oil and gas developer, has become the first Chinese firm licensed to look for oil in the Arctic, a landmark step for overseas energy exploration for the world's ...
Tags: Arctic Oil, Mineral
London-listed Altona Energy has signed a new memorandum of understanding securing investment to help develop its Arckaringa coal-to-liquids project in South Australia, after terminating a previous joint venture with China National Offshore ...
The Ugandan government has signed a long awaited deal with UK-based Tullow Oil, Total and China National Offshore Oil Corp, to develop its oil sector, paving the way for the country's first commercial crude production. The pact details ...
Tags: Oil Development, Mineral
China National Offshore Oil Corp has signed an agreement with a Taiwanese company to help promote LNG in Taiwan's Kinmen county. Shinfox Corp. confirmed Monday that it had signed a framework agreement on Friday with CNOOC's majority-owned ...
Tags: spot cargoes, Chemicals
China is targeting to raise its synthetic coal-to-gas output to 50 billion cubic meters by 2020, accounting for over 12% of domestic supply, an official with the National Energy Administration said Wednesday. But actual output may fall ...
Tags: Coal-to-Gas Output, Energy
AMEC, the international engineering and project management company, has been appointed by Nexen Petroleum UK Limited, a wholly-owned subsidiary of CNOOC Limited, to provide engineering, procurement and construction (EPC) services for their ...
Tags: Oil News, Gas News, AMEC, Nexen Petroleum UK Limited
China will re-introduce an import tax on diesel -- at 1% -- from January 1, 2014, following approval from the State Council, the country's Ministry of Finance said Monday. No reason was given for the change. Diesel had been exempt from ...
Tags: Diesel Tax, Mineral
Natural gas resources in the Horn River and Cordova Embayment of northeast British Columbia are expected to feed the planned Aurora LNG facility, a National Energy Board filing noted. On Friday, Nexen Energy ULC on behalf of Aurora ...
Tags: Oil and Gas News, LNG facility, Horn River and Cordova Embayment
China is extending an existing tax exemption on imported gas to new sources of foreign pipeline gas and imported LNG. The Ministry of Finance announced on Monday that the tax exemption will be granted to pipeline imports from Myanmar, ...
China's hunger for natural gas has pushed its shipbuilding and energy industries to build more liquefied natural gas carriers and import terminals, to give the nation an edge over other countries. "China will need more than 35 LNG ...
Tags: Energy Industries, LNG
China's 23 state-owned refineries plan to operate at an average 75% of capacity in November, processing a total 16.42 million mt, or 4.01 million b/d, of crude, according to a Platts monthly survey. The survey this month covered 13 ...
Tags: refineries, Mineral