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Exoma shareholders prepare to vote on CNOOC CBM deal: Source: Argus DateTime: 2011-02-04 Shareholders of Australian coal-bed methane (CBM) explorer Exoma Energy will vote on 10 February on a proposed deal with Chinese state-owned producer CNOOC, which wants to buy a 50pc stake in five exploration permits in Queensland. The A$50mn (...

EXXON Mobil is in talks with PetroChina to develop gas field in China: Source: Xiamen DateTime: 2011-01-31 EXXON Mobil Corp. is in talks with PetroChina Co. to jointly explore and develop an unconventional gas block in the resource-rich Ordos basin in northern China. BEIJING Exxon Mobil Corp. is in talks with PetroChina Co. to jointly explore and ...

PetroChina finds largest coal seam gas field: Source: Reuters DateTime: 2011-01-31 PetroChina has discovered 115.2 billion cubic metres of proven coal seam gas reserves in the Qinshui Basin in northern Shanxi province, the largest in China, the China Petroleum Daily reported on Jan. 30. China's state reserve evaluation ...

Gazprom Wins Kovykta Gas Field Near China for $777 Million: Source: Bloomberg DateTime: 2011-03-02 OAO Gazprom, Russia s gas export monopoly, won for the rights to a Siberian deposit that has enough fuel to meet Chinese demand for two decades. The gas producer paid 22.3 billion rubles ($777 million) for assets sold by Rusia Petroleum, the ...

Origin, ConocoPhillips Agrees to Sign Sinopec as An LNG Customer: Source: WSJ DateTime: 2011-02-26 Origin Energy Ltd. said on Jan. 25, 2011 that its A$35 billion gas export joint venture with ConocoPhillips has agreed to sign China Petrochemical Corp., or Sinopec, as a customer. Under a preliminary agreement that is yet to become binding, ...

China's gas stations offer golden opportunity: Source: CNTV DateTime: 2011-03-03 China's oil giants are making money off more than just petrol, at their gas stations across the country. They're expanding their businesses with onsite convenience stores that offer everything from beauty products, to liquor. Of China's 18 ...

China buying Queensland's gas: Source: Gladstoneobserver DateTime: 2011-03-03 THE Queensland government has given indicative approval for China National Offshore Oil Corporation subsidiary CNOOC Gas & Power to gain a 50% stake in five EXOMA exploration permits. EXOMA and CNOOC entered into a farm-in agreement ...

Green Dragon Reserves Increase Highlights Chinese CBM Potential: Source: Oilandgasinsight DateTime: 2011-03-13 By applying new technology, Green Dragon has managed to increase its Chinese CBM reserves ahead of a massive planned production expansion. Although this bodes well for the company and for China's CBM potential, greater international ...

Towngas China's profit surges 64.4% in 2010: Source: Chinaknowledge DateTime: 2011-03-15 Towngas China Co Ltd, a subsidiary of The Hong Kong and China Gas Co Ltd, has announced that its net profit attributable to shareholders reached HK$436 million in 2010, up 64.4% year on year from HK$265 million, according to a statement ...

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 ...

China NDRC: natural gas apparent consumption at 10.3bln cu.m in February: Source: Quotemedia DateTime: 2011-03-16 China's apparent consumption of natural gas stood at 10.3 billion cubic meters in February 2011, about 1.1 billion cubic meters less than that in January, as the weather became warmer in the month, the National Development and Reform ...

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 ...

Royal Dutch Shell plc China Expansion: Source: Emoneydaily DateTime: 2011-03-22 According to a report that appeared in the Reuters, Royal Dutch Shell plc is drilling 17 gas wells in China, including those for tight gas and shale gas. Royal Dutch Shell plc Chief Executive Peter Voser said that the company will be ...

PetroChina to place importance on natural gas development in 2011 to 2015: Source: Quotemedia DateTime: 2011-03-23 PetroChina will attach great importance to the development of natural gas business during the period from 2011 to 2015, Zhou Mingchun, the company's CFO, at a press conference after the release of its annual report on March 22. The company ...

China Resources Gas Group to Acquire Flemming: Source: Capitalvue DateTime: 2011-03-18 China Resources Gas Holdings intends to acquire Flemming China Limited for 353 million yuan, reports yicai.com, citing a company filing. The transaction allows the company to acquire the construction of a gas pipeline and natural gas ...

CNOOC Gets State Approval to Buy Stake in Exoma Gas Blocks: Source: Businessweek DateTime: 2011-03-23 China National Offshore Oil Corp., the nation s largest offshore oil developer, got state approval to buy a 50 percent stake in Exoma Energy Ltd. s exploration blocks in Australia for $50.5 million. The parent of CNOOC Ltd. will gain ...

CNOOC to build 2-3 deepwater oil, gas E&D platforms in next 5 years: Source: Quotemedia DateTime: 2011-03-24 CNOOC plans to build 2-3 deepwater oil and gas exploration and development platforms in the next five years, an official with the company's engineering sector, said in a petroleum and chemical equipment exhibition held here this week. Jin ...

Total Says CNPC Approves Tight Gas Plan in China: Source: Bloomberg DateTime: 2011-03-24 Total SA, Europe s third-biggest oil company, said partner China National Petroleum Corp. approved a plan to produce so-called tight natural gas from the south Sulige field in Inner Mongolia. The project has been forwarded to China s ...

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