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Sinopec to buy 9.03% stake in ConocoPhillips' Syncrude project: Apr. 14, 2010 (China Knowledge) - China Petrochemical Corp, also known as Sinopec Group, intends to acquire a 9.03% stake in the huge Syncrude project from ConocoPhillips for US4.65 billion, said the U.S. oil giant on Monday, The agreed price exceeded market predictions, which ...

China Broadens Oil Reach in North America: ConocoPhillips agreed to sell its stake in a Canadian oil-sands project to China Petroleum & Chemical Corp. for $4.65 billion, in a major North American expansion by a Chinese oil company. The deal demonstrates China's increasingly assertive strategy to secure energy resources ...

CPC Taiwan Plans to Build Petrochemical Complex in Indonesia: Taipei, April 16, 2010 (CENS)--State-run CPC Corp. Taiwan plans to establish a large-scale petrochemical complex in Indonesia, by transplanting the equipment of its oil refinery and third naphtha cracking plant in Kaohsiung, southern Taiwan, there and mobilizing mid- and ...

Chinese Oil Firms Work Together to Secure Investment in Brazilian Offshore Field: The Statoil-owned Peregrino oil field off the coast of Brazil has become the subject of interest of two Chinese oil majors, China National Offshore Oil Corporation (CNOOC) and the upstream subsidiary of Sinochem. The pair are separately close to bidding up to as much as $3 ...

Sinopec to sign crude oil agreement with PBR: Comments China Petrochemical Corp. (Sinopec Group) Chairman Su Shulin said on April 15 that the company will sign a package of agreements including crude oil procurements with Brazilian Petroleo Brasileiro SA (PBR). Huang Wensheng, a Sinopec Group spokesperson said the agreement ...

CNOOC Hits Black Gold in Eastern Bohai Bay: CNOOC made a discovery in the Penglai 9-1 block in waters measuring 95 feet (29 meters) in the eastern Bohai Bay. Drilled to a total depth of 4,938 feet (1,505 meters), the discovery well PL9-1-2 struck oil pay zones with a total thickness of 253 feet (77 meters) and fractured a ...

CNPC Seals Venezuelan Oil Deals: China National Petroleum Corp. confirmed Monday that it has signed several agreements with Venezuela on a long-term credit-for-oil deal and a joint venture to develop Junin 4 oil block in Venezuela. CNPC said in a statement that it and the China Development Bank signed on ...

China oil demand up on double-digit growth: HONG KONG China's demand for oil rose 12.8 percent in March as the Chinese economy returned to rapid growth and refining capacity expanded, according to a report Tuesday. Apparent oil demand rose to 8.12 million barrels per day over the year ago March according to an analysis of ...

CNPC to Pay Venezuela $900 Million to Tap Oil Block: April 20 (Bloomberg) -- China National Petroleum Corp., the country s largest energy company, must pay a $900 million signing bonus to develop the Junin 4 oil block in Venezuela, Oil Minister Rafael Ramirez said. The bonus will be paid in several installments and is in addition ...

CNOOC Huizhou oil fields resume run after typhoon: BEIJING - China CNOOC Ltd said its offshore Huizhou oil fields had resumed normal production after being forced to shut down for almost seven months by a typhoon last year. The Huizhou oil fields are producing about 45,000 barrels of oil and over 40 million cubic feet of natural ...

CNPC's overseas crude oil output rises 12.6% in Q1: Apr. 27, 2010 (China Knowledge) - China National Petroleum Corp, the largest oil and gas producer and supplier in the country, said that its overseas crude oil output rose 12.6% year on year in the quarter ended Mar. 31, 2010, sources reported. The firm's overseas natural gas ...

China CNOOC to double LNG imports by 2020: BEIJING (Commodity Online) : China s largest offshore oil producer, CNOOC Ltd is is planning to import 30 million tons of liquefied natural gas in 2020. CNOOC, which was the first Chinese company to become involved in the LNG business, is expected to import 16 million tons of LNG ...

Sinopec close to issuing $2.9 bln worth of bonds-sources: SHANGHAI, April 29 - Top Asian oil refiner Sinopec Corp is close to issuing 20 billion yuan ($2.93 billion) worth of 5- and 10-year bonds on the Shanghai stock exchange, according to three sources with knowledge of the deal. "It's estimated that each bond type will be worth 10 ...

CNOOC revenue more than doubles in first quarter: CNOOC Ltd., the smallest of China's three major state-owned oil companies, said Wednesday its revenue in the first quarter more than doubled from a year ago, but it didn't release numbers on its net profit. The Beijing-based company said its revenue for the three months that ...

Woodside Energy signs with Honeywell for five more years as preferred control systens supplier: Honeywell s Relationship with Leading Australian Oil & Gas Exploration Company Supports their World Class Competitive Advantage PERTH, Australia, April 27, 2010 Honeywell (NYSE: HON) announced today the renewal of its existing contract as preferred control systems supplier for ...

Sinopec wary of high cost of Saudi refinery investment: China's Sinopec Corp said on Tuesday it has not yet entered formal discussions with Saudi Aramco over investing in the giant Yanbu refinery in Saudi Arabia, due to concerns about the high investment cost there. "A 400,000 bpd (barrels per day) refinery costs around 30 billion ...

Bellsent Will Attend 2010 Guangdong Security show: Bellsent Will Attend 2010 Guangdong Security show 2010-6-11 16:50:35 Bellsent Will attend 2010 Guangdong International Exposition Public Security Porducts From July 7 to 9, Bellsent will attend 2010 Guangdong Security Show in Guangzhou . Bellsent will bring its high-performance ...

Voreloxin and Cytarabine Combination Gets EU Patent: The European Patent Office (EPO) has issued a European patent covering combinations of Sunesis Pharmaceuticals' drug candidate voreloxin with cytarabine. Cytarabine is the standard-of-care treatment for Acute Myeloid Leukemia (AML), a rapidly progressing cancer, and the therapy ...

Bacterin International Obtains ISO Certification: BELGRADE, MONTANA, MARCH 29, 2010 --- Bacterin International, Inc. (Bacterin), a medical device and biologics manufacturing company, is pleased to announce it has received certification from the International Organization for Standardization (ISO) for fulfilling the requirements ...

FDA Approves Bacterial Vaginosis Drug Trial: Starpharma Holdings has received US Food and Drug Administration (FDA) approval to begin a Phase II study to investigate VivaGel for the treatment of bacterial vaginosis. More than 130 women are enrolled on the study, which will identify the efficacy and optimal dosing for ...

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Yao's gift of sport for all: Chinese NBA player Yao Ming teaches a boy with special needs how to ...

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