Chinas plan to increase fuel standards for diesel and gasoline wont affect Cnooc Ltd.s (CEO) profitability as better oil products will lead to higher prices, Cnooc Chairman Wang Yilin said Tuesday. The head of Chinas largest offshore oil pr......【More】
2013-03-06China National Petroleum Corp (CNPC), the nations biggest energy company, will spend 15 billion yuan (RM7.49 billion) to upgrade the quality of fuel it refines, general manager Zhou Jiping said. The money would allow CNPC to upgrade the sta......【More】
2013-03-06Chinese oil giant CNOOC Ltd has agreed to changes its oil-drilling leases in the Gulf of Mexico to quell U.S. national security concerns as a condition for U.S. approval of its $15 billion buyout of Canadas Nexen Inc. The most significant t......【More】
2013-03-05China National Petroleum Corp, the nations biggest energy company, will spend 15 billion yuan to upgrade the quality of fuel it refines, its general manager Zhou Jiping said. The money would allow CNPC to upgrade the standard of its fuel to......【More】
2013-03-05China may grant Russian state-owned oil giant Rosneft a loan to boost China-bound oil supplies, Deputy Prime Minister Arkady Dvorkovich said on Wednesday, but did not say how much cash might be involved. A loan is not ruled out [to be given......【More】
2013-03-04Asian oil and gas companies offer attractive investment opportunities, according to Pimcos February 2013 Asia Credit Perspectives. Many Asian countries, and China in particular, face rising energy deficits. Dependence on oil imports, which......【More】
2013-03-04A subsidiary of China Petrochemical Corp. said it was spending $1 billion to buy half of rival Chesapeake Energy Corp.s oil and gas acreage in Oklahoma. Sinopec International Petroleum Exploration and Production Corp. said it was taking on......【More】
2013-02-28Investing.com - Oil futures rebounded modestly during Wednesdays Asian as traders digested some solid U.S. economic data points that went mostly ignored in the oil pits Tuesday. On the New York Mercantile Exchange, light, sweet crude future......【More】
2013-02-28BEIJING - The China Petrochemical Corporation (Sinopec) has purchased half of the stakes of the United States second-largest natural gas developer in its oil and gas assets in Oklahoma. The oil giant announced Monday that its wholly-owned s......【More】
2013-02-27China Petroleum and Chemical Corp, or Sinopec, the countrys top refiner, has agreed to buy 50 percent of the US-based Chesapeake Energy Corps Mississippi Lime oil and gas assets for $1.02 billion, the latest move by a Chinese oil company in......【More】
2013-02-27