Brazil's government plans to finance state-run oil company Petroleo Brasileiro SA's participation in the October 21 auction of Libra, country's largest-ever oil discovery, the Estado de S. Paulo daily newspaper reported on Saturday. The ...
Tags: oil, Metallurgy, Mineral, Energy
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
The CNOOC Gas and Power Group, a wholly-owned subsidiary of CNOOC, China's largest offshore oil and gas producer, said Thursday that its first floating liquified natural gas (LNG) project has gone through government approval. The floating ...
Tags: Floating LNG Project
China National Offshore Oil Corp has received final government approval for its floating LNG project in China's eastern port city of Tianjin, the company said Wednesday. This will be China's first floating and regasification unit, with a ...
Tags: Metallurgy, Mineral, Energy, Oil Corp
China's state-owned China National Chemical Corp., or ChemChina, is planning to set up an oil trading desk in Singapore in mid-September, a source at ChemChina said Wednesday. "Our Singapore trading desk will have around 10 people for ...
INEOS Technologies is pleased to announce that it has licensed its Innovene S Process for the manufacture of medium density and high density polyethylene to CNOOC Oil and Petrochemical Company Limited for its cracker complex located in ...
Tags: China, Cnooc, Ineos Technology
Indonesia is determined to get a market price for LNG exported from the Tangguh project to China's CNOOC, a senior official with upstream regulator SKK Migas said Monday. "The new price cannot be below the market price. It has to be ...
Tags: Tangguh LNG
China's state-owned offshore monopoly producer China National Offshore Oil Corp says it supports the Chinese government's position over Japan's recent protests about Chinese drilling activity in the East China Sea. "We do not understand ...
Tags: Drilling Rig, monopoly producer
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's state-owned refiners plan to run their refineries at around 81% of capacity in June, a rise of three percentage points from 78% in May, Platts monthly survey showed Monday. The survey this month covered 11 Sinopec refineries, ...
Tags: China Refiners, Sinopec, 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, ...
Topsides of the Asian biggest deep-sea oil and gas platform, central platform for Liwan 3-1 gas field, have completed float-over installation in South China Sea. With water depth of 1,500 meters, Liwan 3-1 is the first Chinese deep-sea gas ...
Tags: Offshore Oil, Gas Platform
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
The average run rate at "teapot" refineries in China's Shandong province dropped to 36.5% in April from 42% in March, due to slow sales of oil products, according to data from Beijing-based energy information provider JYD Commodities Hub. ...
Tags: Apr, oil products
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