State Grid Corporation of China made a successful debut in the offshore bond market as it priced on May 15 a multi-tranche offering totaling US$2 billion, demonstrating its status as a leading state-owned enterprise (SOE) in the mainland. T......【More】
2013-05-20Mongolian Petroleum Authority chairman G Ulziiburen announced in mid-March that Mongolia had made an agreement with PetroChina - a subsidiary of China National Offshore Oil Corporation - to exchange crude oil drilled in Mongolia with end-pr......【More】
2013-05-17Australia-based Kairiki Energy has signed a Memorandum of Understanding (MOU) with Beijing Junlun Runzhong Science Technology and Hefei Xinxin Petrochemical to acquire two onshore oilfields in northern China. The acquired assets include Dae......【More】
2013-05-16WestSide Corp. , an Australian company with coal seam gas prospects in Queensland state, said Tuesday that PetroChina Co. has withdrawn a 185.1 million Australian dollar (US$184.7 million) takeover offer for the company. PetroChina made the......【More】
2013-05-15Two 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】
2013-05-14Kongsberg 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】
2013-05-13BG 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】
2013-05-10CNOOC 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】
2013-05-09Shell 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】
2013-05-08China 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