Archive for the 'Oil & Gas' Category
China taps more Saudi Arabian crude oil than U.S.
According to the Financial Times, Saudi Arabia’s crude oil exports to the United States fell to below 1 million barrels a day for the first time in 20 years. At the same time, China’s oil ... Read More
China oil giants join hands for Caspian Sea oil field
In the battle for the world’s oil resources, state owned oil giants China Petroleum & Chemical Corporation (Sinopec) and China National Offshore Oil Corporation (CNOOC) may once again stand ... Read More
Tullow partners with CNOOC, Total to develop oil sector in Uganda
Tullow Oil has decided to partner with China National Offshore Oil Corporation (CNOOC) and France’s Total to develop oil sector in western Uganda, a Ugandan official said on Wednesday. Fred Kaba... Read More
CNPC clinches deal to develop Iranian gas field
China National Petroleum Corp (CNPC), the country’s largest oil and gas producer, has clinched a deal to develop phase 11 of Iran’s South Pars gas project, and beef up its oil and gas oper... Read More
Saudi Arabia, Angola, Iran remain top 3 oil suppliers to China
Saudi Arabia, Angola and Iran remained the three largest oil sources for China in 2009, with the three supplying 47.7 percent of China’s total imports, according data released Wednesday by the G... Read More
China’s oil production ranks 4th in world, only meets half domestic demand
Although China has already overtaken Iran to become the world’s fourth largest crude oil producer, China also has the world’s second largest crude oil demand, and domestic production is st... Read More
China an increasingly important energy partner of Russia: Russian expert
China is becoming an increasingly important energy partner of Russia, and energy cooperation between the two nations has broad prospects, a Russian energy expert said Thursday. Russia and China are co... Read More
PetroChina to co-develop Iraqi Halfaya oilfield
A consortium led by the China National Petroleum Corp (CNPC), China’s largest oil company, won a bid to develop Halfaya oilfield in Iraq, CNPC said on Wednesday. Under the 20-year deal, CNPC, To... Read More
‘Questionable’ Esso gasoline under probe
An investigation has been launched into petroleum giant Esso, after accusations that their gas stations in the southern province are selling substandard gasoline that causes cars to malfunction. Li Xi... Read More
Ugandan President meets Chinese oil giant amidst increased lobbying
Ugandan President Yoweri Museveni on Monday met officials of the China National Offshore Oil Corporation (CNOOC) amidst increased lobbying by international oil giants to enter the country’s oil ... Read More
Sudan underscores importance of China-Arab energy co-op conference
Sudanese Minister of Energy and Mining al-Zubair Ahmed al-Hassan on Sunday highlighted the importance of the second China-Arab Conference on Energy Cooperation, due to be held on Jan. 26-28 in Khartou... Read More
Sino-Kazak pipeline transports 20m tons of oil to China
The Sino-Kazak Pipeline has piped more than 20 million tons of crude oil from Kazakhstan to China since it became operational in 2006, according to the regional government of Xinjiang. Last year, the ... Read More
China depending more on imported oil
China’s oil imports will continue to see solid growth this year, with more than half of the country’s total oil consumption coming from abroad, industry insiders said. It is inevitable for... Read More
