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Myanmar pipelines to benefit China

Two pipelines in the highlands of northeast Myanmar will soon begin pumping oil and gas into China, representing a major step in Beijings quest for energy security. At the end of a bumpy road here, a 45-minute ride from the nearest town, Ch......【More】

2013-05-14

Kongsberg's SiteCom for CNOOC

Kongsberg Oil Gas Technologies (KOGT) has signed a software contract with Chinese National Offshore Oil Company (CNOOC) to deliver the SiteCom real-time drilling information solution to six regional centers. The contract with CNOOC is a res......【More】

2013-05-13

China's CNOOC to buy Australian LNG from BG

BG Group announced it has signed binding agreements with CNOOC for the sale of certain additional interests in the Queensland Curtis LNG (QCLNG) project in Australia for $1.93 billion and for the supply of an additional 5 million tpy of LNG......【More】

2013-05-10

Nexen deal helps CNOOC deliver solid Q1

CNOOC Ltd, Chinas biggest offshore oil producer, revealed first quarter results on Friday, that showed strong growth in output and sales, triggered partly by its acquisition of Nexen Inc, the Canadian oil and gas company. Output jumped 17.3......【More】

2013-05-09

Shell NZ taps Chinese investor for deep ocean oil

Shell New Zealand has announced it will start preliminary exploration for oil and gas in deep ocean between New Zealand and New Caledonia, in a 50/50 joint venture with the Chinese state-owned oil company. Shell says it will be conducting t......【More】

2013-05-08

Xianglu Petrochemical plans to start new PTA plant in Q3

China based - Xianglu Petrochemical plans to start a new purified terephthalic acid (PTA) plant by the end of the third quarter. Trial runs at the plant located at Fujian province, China are planned to be undertaken in the beginning of the......【More】

2013-05-07

Sinopec Unit in Talks With Cornerstone Investors

Sinopec Engineering (Group) Co., a construction and engineering arm of oil giant China Petrochemical Corp., is in talks with at least three Chinese cornerstone investors for its up to $2.7 billion Hong Kong initial public offering, people w......【More】

2013-05-06

CNPC to open natural gas project in Fuqing

The China National Petroleum Corp (CNPC) says it is looking at starting a liquefied natural gas (LNG) project in the city of Fuqing, Fujian province, after a feasibility study was recently approved by a panel of experts, the Fuqing economic......【More】

2013-04-28

China's Shandong Tianhong Chem to start petchem plant in Oct

Chinas privately-owned Shandong Tianhong Chemical Co will start operating its 100,000 barrels per day (bpd) refinery in October and plans to double capacity of the petrochemical complex by 2020, several company sources said on Thursday. The......【More】

2013-04-27

Natural gas industry to develop fast in China

Liquefied natural gas industry will see promising development both in China and other countries as natural gas is the only clean energy compared with oil and coal, a Chinese energy expert said Tuesday on the sidelines of a professional conf......【More】

2013-04-26