China
News
May 23, 2016
Recently, China Oilfield Services Limited (COSL) was awarded a contract for 3D seismic acquisition, covering a total area of more than 4,000 km2 in Arctic waters, which has become COSL’s first great order for 3D seismic operations in Arctic waters.
News
May 16, 2016
China’s tumbling crude production amid record-high demand from its oil refineries is helping tighten a global market recovering from a glut.
News
May 12, 2016
China National Petroleum Corp., the country’s biggest oil and gas producer, will start laying a second domestic oil pipeline in June to allow for increased Russian crude supplies to flow to China’s northeastern city of Daqing.
News
May 04, 2016
China’s falling oil output and sliding U.S. production may help rebalance a market struggling to recover from the worst price crash in a generation, according to Standard Chartered Plc.
News
April 29, 2016
Yamal LNG signed agreements for financing with two Chinese banks after more than a year of discussions after its biggest shareholder, Novatek OJSC, was targeted by U.S. sanctions.
News
April 28, 2016
Cnooc Ltd., China’s biggest offshore oil and gas explorer, reported a 31% decline in revenue and an increase in output amid a crash in crude prices.
News
April 26, 2016
China National Petroleum Corp. (CNPC), the country’s biggest oil and gas producer and the parent of PetroChina Co., said profit fell 52% as lower oil prices punished global explorers.
News
April 26, 2016
HONG KONG -- CNOOC’s Panyu 11-5 oil field has started production, the company said in a statement.
News
April 25, 2016
China, the world’s second-biggest crude consumer, may be poised for another increase in imports after the number of supertankers bound for the Asian country’s ports rose to a 16-month high amid signs it’s stockpiling.
News
April 21, 2016
Aqualis Offshore and China Ship Design & Research Center Co., Ltd (CSDC) have signed an agreement to cooperate on engineering projects both in China and internationally.
News
April 19, 2016
One of China’s biggest oil and gas explorers found a buyer for its oil assets from Canada to Kurdistan amid a collapse in energy prices and a drive to reform state-run firms: another government-owned company.
News
April 08, 2016
In the energy world, India is becoming the new China.
News
April 06, 2016
China boosted its recoverable shale gas reserves more than five-fold last year as the country missed its production target for the fuel.
News
April 01, 2016
BP is seeking to hit it big in China’s shale gas fields where competitors including Royal Dutch Shell have struck out.
News
March 30, 2016
China Petroleum & Chemical Corp., one of the country’s state-run energy giants, plans to ride a wave of new gas discoveries to double annual output to 40 Bcm by 2020, as the country pushes to replace coal with the cleaner fuel.
News
March 30, 2016
BP and China National Petroleum Corporation (CNPC) today signed a production sharing contract (PSC) for shale gas exploration, development and production in the Neijiang-Dazu block in the Sichuan basin, China.
News
March 28, 2016
Shaanxi Yanchang Petroleum Group, China’s fourth-biggest oil producer, is cutting investments and salaries because of the oil price crash, according to people with knowledge of the matter.
News
March 24, 2016
China’s crude imports will rise further from a record this year to feed its expanding refining sector and strategic reserves, according to Standard Chartered Bank.
News
March 24, 2016
As oil’s collapse leaves some fields with no chance to turn a profit, China’s biggest producer is ready to cut its losses.
News
March 24, 2016
Cnooc Ltd., China’s biggest offshore oil and gas explorer, posted annual profit that exceeded analyst estimates as cost cuts countered a decline in energy prices.
