company

BEIJING, Jan 5 - State-owned CNPC said oil and gas output in its second-largest Changqing oilfield in northern Ordos Basin reached 25.2 million tonnes of oil equivalent in 2008, or 504,000 barrels per day. Production was up 26 percent from a year earlier. Newly added crude and ...
China National Offshore Oil Corp will pay A$50 million (US$49 million) for a 50-percent interest in Exoma Energy Ltd's coal seam gas blocks in Australia. "This project is CNOOC's first relatively large-scale exploration of overseas onshore unconventional gas. If the exploration ...
China National Offshore Oil Corp (CNOOC), the country's largest offshore oil and gas producer, signed a deal on Wednesday with Australia's Exoma Energy Ltd for a 50 percent direct investment in a coal seam gas project (CSG) in Queensland. It's the Chinese company's first move ...
China National Offshore Oil Corporation (CNOOC) Ltd. took top billing at Thursday's 12th annual Platts Global Energy Awards, winning two awards in the industry's most recognized awards program. It is the first time ever that a Chinese energy company has won the sought-after ...
China Petrochemical Corporation (Sinopec Group), China's largest oil company, announced it has closed a $680 million deal with Chevron to join a deepwater natural gas project off East Kalimantan, Indonesia. The agreement, signed in Singapore Tuesday, will enable Sinopec to take ...
Reuters - Following are comments from European customers affected by the cut-off in gas supplies by Russia's gas export monopoly Gazprom to its neighbor Ukraine over a pricing dispute: BULGARIA All Russian gas supplies via Ukraine to Bulgaria, halted on Tuesday, Bulgaria's ...
SEOUL, Jan 5 - South Korea, the world's No.5 crude oil importer, said on Monday its state oil firm was reviewing several foreign energy firms for acquisition, as it seeks to raise reserves six-fold by snapping up depressed resource assets. The move shows that Asia's hunger for ...
Sinopec Group, Asia's top oil refiner by capacity, said on Tuesday that its 2010 sales are estimated to grow by 41 percent year-on-year, buoyed by surging domestic demand for oil products and increasing upstream sales arising from oil price hikes. The State-owned energy company's ...
China National Petroleum Corp (CNPC) said on Thursday that its average annual growth rate of overseas crude oil production reached 15.6 percent, with gas production at 21.3 percent during the past five years. CNPC, China's biggest oil and gas producer, said in a statement on its ...
JAKARTA, Jan 8 - U.S. oil major Exxon Mobil (XOM.N) said on Thursday it has submitted a plan to develop the giant Natuna D-Alpha gas field, the latest move in a dispute with Indonesia over its right to participate in the project. The Natuna D-Alpha block on Java island has around ...
VIENNA, Jan 7 - Russian gas flows to Austria had stopped completely on Wednesday, oil and gas group OMV (OMVV.VI) said, adding it was drawing on reserves, domestic production and other imports to guarantee gas supply to customers. Ukraine's state energy company Naftogaz said on ...
China National Offshore Oil Company Limited (CNOOC) said Sunday Bridas Corporation, a joint-venture equally-owned by CNOOC International Limited and Argentina-based Bridas Energy Holdings (BEH), will acquire a 60 percent equity interest in Pan American Energy (PAE) from BP for ...
MOSCOW/KIEV - Russian gas reached Europe via Ukraine for the first time in two weeks on Tuesday after Moscow and Kiev ended a contract row that cut supplies to about 20 European countries. Austria, Slovakia and Hungary said they had started to receive gas though pipeline ...
VIENNA, Jan 20 - Austrian oil and gas group OMV (OMVV.VI) said Russian gas could start to arrive at its Baumgarten hub on Wednesday after Russia resumed supplies earlier on Tuesday. "Gas could arrive in Baumgarten within the next day," OMV said in a statement. "OMV is in touch ...
Jan 22 - Gold Oil Plc (GOO.L) said on Thursday it raised 645,000 pounds ($896,200) before expenses via a share placement to develop its Burdine oil field in the Putumayo Basin in the south of Colombia. The Latin America-focused oil and gas explorer, which placed 16.1 million ...
LONDON, Jan 22 - British Gas will cut gas prices for household customers by 10 percent from Feb 19, the Centrica (CNA.L) subsidiary said on Thursday. British Gas said the price cuts represent the first cut in standard gas bills by a major energy supplier since 2007 and should ...
Construction began on the China section of the Sino-Myanmar oil and gas pipeline Friday morning in An'ning City in southwest China's Yunnan Province. CNPC, China's largest oil firm and parent company of PetroChina (PTR.NYSE; 00857.HK; 601857.SH), will build and operate the ...
PERTH, Jan 27 - A cyclone off the west Australian coast has shut down almost half of the country's oil output since Sunday and prompted miner Rio Tinto Group/Plc (RIO.AX)(RIO.L) to halt iron ore exports through one of its main ports. Oil and gas firms operating off Australia's ...
NEW YORK, Jan 23 - Plagued by low energy prices and recent overcapacity, oil and gas companies hoping to go public might have to sit out 2009, if not wait longer. Crude oil CLc1 prices are off about 70 percent from the $147 per barrel all-time highs hit last summer, compromising ...
China National Offshore Oil Company Limited (CNOOC Ltd.) announced Tuesday that Chevron China (Chevron) and BP China (BP) will explore three deepwater oil and gas blocks in the South China Sea by share acquisition from Devon Energy Corporation (Devon). China National Offshore Oil ...
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China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
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Bill Gates talks nuclear
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Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
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China slams Japan's NHK governor's denial of Nanjing massacre
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China's farm product pricing plan shifts to market orientation
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GM China chairman to retire
CHICAGO, Jan. 24 (Xinhua) -- General Motors Co. announced Friday that ...
Minivans rev up sales for GM
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Sales of General Motors and its Chinese ventures accelerated in ...
Court rejects Apple lawsuit over iPad name
Court rejects Apple lawsuit over iPad name
Shenzhen Municipal Intermediate People's Court has rejected a lawsuit ...
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Chinese leader calls for more marine power
Chinese Vice Premier Zhang Gaoli Sunday called for research in polar ...
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Two models stand beside golf equipment and bags at a recent golf ...
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Chinese NBA player Yao Ming teaches a boy with special needs how to ...
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Some 14 countries and regions are expected to compete in the 45th ...