24.07.2012
- State-controlled CNOOC launched China's richest foreign takeover bid yet on Monday by agreeing to buy Canadian oil producer Nexen for $15.1 billion, forcing Ottawa to decide...
18.06.2012
- CNOOC, China's third-largest state-run refiner, has started building a 60,000-barrel-per-day crude processing facility in eastern China, to boost its still nascent refining and...
23.04.2012
- State-run China National Petroleum Corp (CNPC) and Petroleos de Venezuela (PDVSA) will start building their mega joint refinery on China's southern coast later this month, a move...
28.03.2012
- China's top offshore oil producer CNOOC posted a 29% rise in 2011 net profit on Wednesday, matching forecasts, on soaring crude oil prices. Unlike peers PetroChina and China...
06.02.2012
- Sinopec Group, parent of top Asian refiner Sinopec, will complete restructuring of its engineering business by about mid-year before listing the new vehicle via a public stock...
24.01.2012
- Fast-growing, resource-hungry China continues to invest in oil and gas assets from Canada to Latin America to Australia in 2011, and also sees a few acquisitions in the nuclear...
20.01.2012
- China Petroleum and Chemical Corp's (Sinopec Corp) plan to build a 3 million ton-per-year import terminal of liquefied natural gas (LNG) in south China is expected to win final...
20.01.2012
- Top Chinese offshore producer CNOOC said on Wednesday it plans to produce 2.4% more oil and gas in 2012 as more projects commence operation, and to further boost spending on...