Keyword: PetroChina

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PetroChina Plans Overseas Investments while Q2 profit slides

23.08.2012 - PetroChina, the country's dominant oil and gas producer which also owns refineries, has earmarked close to $16 billion for overseas investment this year as it aims to have half its...

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Shell Plans at Least $1 Billion a Year China Shale Gas Investment

21.08.2012 - Royal Dutch Shell plans to spend at least $1 billion a year exploiting China's potentially vast resources of shale gas, the firm's top China executive said, part of an aggressive...

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China's CNPC in Talks with Ecuador over $12.5 Billion Refinery

20.07.2012 - China National Petroleum Corp (CNPC), the country's biggest oil producer, is in talks with Ecuador's government over a potential investment in the OPEC-member's US-$12.5 billion...

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PetroChina Fushun Refinery to Add Ethylene Unit in October

13.07.2012 - PetroChina will bring a new 800,000-ton-per-year (tpy) ethylene unit on stream at its Fushun refinery in October, bringing total ethylene capacity at the refinery to 1.0 million...

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CNPC Opens West-East Gas Pipe to Private Investment

31.05.2012 - State-owned China National Petroleum Corp (CNPC) has for the first time accepted outside investment in its gas business in response to government calls to open energy and other...

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PetroChina in Talks to Buy Valero's Aruba Refinery

10.05.2012 - PetroChina is in talks to buy Valero Energy's shuttered refinery in Aruba, sources said, the latest move by China's oil giants to take advantage of a global refining downturn to...

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Shell, PetroChina JV Australia LNG Faces Big Cost Overrun

04.05.2012 - The cost of Royal Dutch Shell and PetroChina's Australian joint venture LNG may rise as much as 50% from initial estimates, which could force the companies to delay development, a...

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Refining Losses Hit China's PetroChina, Sinopec

27.04.2012 - Hefty refining losses continued to weigh on profits at Chinese state oil giants PetroChina and Sinopec in the first three months of the year, with the latter posting a worse than...