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Xinjiang's tax reform leads to improving living standards: 2011-1-19 URUMQI - Last year's reform of the resource tax law in Xinjiang resulted in over 1 billion yuan of extra revenue for the local government, which helped raise the living standards in the region, local officials said. Starting June 2010, taxes on oil and gas products in ...

China National Offshore Oil: BP to draw lessons to improve safety standards: China National Offshore Oil Corporation (CNOOC Ltd., CEO, referred to as: CNOOC) said yesterday, as British Petroleum (BP PLC, BP) in the Gulf of Mexico drilling platform accident occurred, the company plans to raise safety standards. The company also said it expects that the ...

Steady increase in the domestic petrochemical market prices: May, petroleum and chemical industries continue to moderate the overall price level rise, but prices of oil and gas exploration industry growth continues to slow, and petrochemical market volatility increased. Statistics show that in May, industry-wide price index rose 24.2% year ...

2015, oil and gas pipeline capacity increase of oil operations: August 3, Deputy General Manager of China National Petroleum Corporation, said Bao-Cai Yu, 2015, oil and gas operations in the oil pipeline will reach the total mileage of 100,000 km. After 40 years of construction, now the oil has formed across the East and West, from north to ...

Shell in the oil and energy cooperation agreement signed by the two: Nanfang Daily News (Xinhua / Tao Heung Su) Asia's largest oil company China National Petroleum [12.54 -1.57%] international expansion continued to deepen. Jiang Jiemin, general manager of China Petroleum in Beijing recently met with Shell CEO Fu tournament, the two sides to ...

PetroChina Raises Natural Gas Daily Output 19% In Changqing: Source: Dow Jones DateTime: 2011-01-27 PetroChina Co. is producing more than 77 million cubic meters of natural gas a day from its second-largest oil and gas field, Changqing, an increase of 19% from a year ago, as it seeks to meet growing winter demand, parent China National ...

China to open shale gas bid for more domestic firms: Source: Xinhua DateTime: 2011-01-27 The Chinese government plans to allow more domestic enterprises to take part in the first public bid for shale gas blocks, said Zhang Dawei, deputy chief of Oil and Gas Resources Research Center of the Ministry of Land and Resources on Jan. 27. ...

Sinopec confirms gas find in Burma: Source: OGJ DateTime: 2011-01-19 Burma Petroleum Co. Ltd, a joint venture of Sinopec International Petroleum Corp. and Myanmar Oil & Gas Enterprise (MOGE), confirmed a major gas discovery in Myanmar. This followed earlier reports by Myanmar state media that the Chinese-led group ...

China to auction 8 shale gas blocks in Q1: Source: Reuters DateTime: 2011-01-20 China will auction eight shale gas exploration blocks in the first quarter of this year, an expanded plan for China's first such auction, which was originally expected in November, a ministry official said on Thursday. The auction was ...

China Gets First Overseas Order for LNG Ships: Source: CRI DateTime: 2011-01-17 China State Shipbuilding Corporation (CSSC) signed a contract with Exxon Mobil and Mitsui & Co Ltd on Saturday to build four LNG ships (liquefied natural gas), the nation's first overseas order for such an advanced carrier. Hudong-Zhonghua ...

Statoil Mulls Shale Gas Development in China: Source: Tradingmarkets DateTime: 2011-02-19 Norway-headquartered Statoil is looking for opportunities to develop shale gas in China. Statoil and some international companies are paying close attention to shale gas development opportunities in China and South Africa. The Norwegian ...

CNPC plans to extend pipeline network: Source: Chinadaily DateTime: 2011-02-22 CNPC is planning to double the length of pipelines laid during the period of the 12th Five-Year Plan (2011-2015) from the amount constructed during the past five years, in a bid to improve the company's energy access. The industry giant ...

China receives 5.8 bcm central Asia gas: Source: Reuters DateTime: 2011-02-19 China had received 5.824 billion cubic metres of natural gas from central Asia by Tuesday via its first cross-border gas pipeline since it was launched, China Petroleum Daily reported on Feb. 16. Top Chinese oil and gas producer China National ...

PetroChina to invest $5.43b in Canadian gas project: Source: Xinhua DateTime: 2011-02-11 PetroChina Co Ltd, China's largest oil producer, announced Thursday that it has agreed to buy a 50-percent stake in a natural gas project with North American gas giant Encana Corporation for $5.43 billion. The cooperation agreement between ...

CNOOC to buy 33 pct of a Chesapeake Energy project: Source: Forbes DateTime: 2011-01-31 China's state-owned offshore oil and gas company is intensifying its search for oil in the western United States. CNOOC announced Sunday it will pay $570 million for a one-third stake in Chesapeake Energy Corp.'s drilling project in an emerging ...

CNPC, Chevron building capacity in joint China gas project: Source: Reuter DateTime: 2011-02-26 CNPC and Chevron have started building gas production capacity at the Chuandongbei gas field in southwestern Sichuan province, the top Chinese oil and gas firm said on Thursday, more than three years after they inked a cooperation deal. CNPC ...

CNOOC Gas and Power Group's third CDM project registered with UN: Source: Tradingmarkets DateTime: 2011-03-15 The CNOOC Gas and Power Group has successfully had its third CDM project verified and registered with the United Nations, according to media report. The CDM project, launched by Zhongshan Jiaming Electric Power, a subsidiary of the ...

Myanmar China Pipeline commences Irrawaddy River crossing: Source: Pipelinesinternational DateTime: 2011-03-16 Horizontal-directional drilling of the Irrawaddy River crossing for the Myanmar China Gas Pipeline and the Myanmar China Oil Pipeline has commenced in Myanmar. The groundbreaking ceremony for the crossing was attended by Myanmar ...

CNPC produces record oil and gas in overseas fields: Source: Reuters DateTime: 2011-03-16 Overseas oil and gas output by state-owned CNPC hit record daily rates in the first two months of this year despite regional political turbulence, natural disasters and rising production costs, a company newspaper reported on March 17, 2011. ...

China oil, gas pipelines to reach 140,000 km by 2015: Source: Quotemedia DateTime: 2011-03-25 China's oil and gas pipelines is expected to reach 140,000 kilometers by 2015 as some 350 billion yuan of investment will be put on the construction of pipelines in the next five years, according to a report by China Securities Journal on ...

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