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Oil & Gas Companies News in China

PetroChina Maintained Production and Operations
3/25/2010 - PetroChina Company Limited announced that, as of 31 December, 2009, the Company recorded net profit attributable to the owners of the Company of RMB103.39 billion, representing a decrease of 9.7% when...
Shell and CNPC Announce Natural Gas Cooperation
3/23/2010 - China National Petroleum Corporation (CNPC) and Royal Dutch Shell plc (Shell) announced plans to jointly develop and produce natural gas in China’s Sichuan basin. ...
Agreement Reached to Acquire Arrow Energy
3/22/2010 - PetroChina International Investment Company Ltd (PetroChina), a subsidiary of PetroChina Company Limited, and Shell Energy Holdings Australia Ltd. (Shell), a subsidiary of Royal Dutch Shell plc, welco...
China North Announced Tiancheng Drilling Results
3/17/2010 - China North East Petroleum Holdings Ltd., an oil producing and oilfield services company in Northern China, announced preliminary fourth quarter and full year oil production results and fourth quarte...
CNOOC Established JV with Bridas Energy
3/14/2010 - CNOOC Limited announces that the Company, proposes to form a 50%/50% joint venture with Bridas Energy Holdings Ltd (“BEH”) in Bridas Corporation ("Bridas" or the “JVCo”) for a consideration of approxi...
CNPC, Chengdu Municipal Government signed JVA
2/4/2010 - On February 3, CNPC and Chengdu Municipal Government inked a strategic cooperation agreement in Chengdu. CNPC Vice President Zhou Jiping, who is also Vice Chairman and President of Petrochina, and May...
CNOOC Welcomes 2010 with Higher Production Growth
2/2/2010 - CNOOC Limited announced its 2010 business strategy and development plan. The total targeted net production of the Company in 2010 is 275-290 million barrels of oil equivalent (BOE) (with WTI at US$75....
GE Oil Signs Minority Shareholding Agreement
1/20/2010 - GE Oil & Gas announced that it has entered into an agreement to acquire a minority equity interest in Shenyang Turbo Machinery Corporation, a large-scale Chinese state-owned enterprise dedicated to th...
CNPC Signs Strategic Agreement With Valin Group
12/21/2009 - On December 11, CNPC and Hunan Valin Iron and Steel Group Co., Ltd (Valin Group) signed a strategic cooperative agreement, which will help CNPC secure material supply for pipe manufacturing by utilizi...
Fluor Forms Offshore Alliance with COOEC
11/19/2009 - Fluor Corporation announced that it has entered into a formal alliance with Offshore Oil Engineering Corporation Ltd. (COOEC), a subsidiary of China National Offshore Oil Corporation Ltd. (CNOOC), in ...
China, Russia Sign Documents on Oil & Gas Cooperation
10/14/2009 - On October 13, witnessed by Chinese Premier Wen Jiabao and Russian Prime Minister Vladimir Putin, CNPC inked a framework agreement on importing Russian natural gas to China with OAO Gazprom, and a MOU...
NEP Acquires Oil Drilling and Services Company
10/1/2009 - China North East Petroleum Holdings Limited, an oil producing company in Northern China, announced that it has acquired all of the equity interest in Song Yuan Tiancheng Drilling Engineering Co. Ltd. ...
CNOOC Announces Its 1st Half-Year E&P Results
8/26/2009 - CNOOC Limited announced that the Company realized another accomplishment in production. The Company’s total net oil and gas production reached 105.8 million barrels-of-oil-equivalent (BOE), representi...
Pacific Asia Petroleum Inc. Signs Expanded China Oil Production and Technology Acquisition Agreement
3/2/2009 - Pacific Asia Petroleum, Inc., a U.S. publicly-traded company, announced today that it has signed a comprehensive Amended & Restated Agreement on Cooperation with Well Lead Group Limited (“Well Lead”) ...
Grenland Group signs contract with CNOOC
6/11/2008 - Grenland Group signed a contract with China National Offshore Oil Corporation (CNOOC) that initially involves an evaluation of prolonged production at Liuhua 11-1. "This is the first contract Grenland...
Total Announces Start-Up of A New Distillate Hydrocracker at The Dalian Refinery in China
12/10/2007 - Total announced the start-up of a new distillate hydrocracker at the Wepec refinery in Dalian, China, in which the Group holds a 22.4% stake. Representing a total investment of $240 million, the new c...
CNPC and Malaysia's Rimbunan Hijau Group sign oil contract on Block 1 of Fuyu in the Songliao Basin
11/14/2007 - CNPC signed a contract in Beijing with Kingworld Resources Ltd., a subsidiary of Rimbunan Hijau Group from Malaysia, on the cooperative development and production of hydrocarbon resources at Block 1 o...
Mongolian Oil Exploration Block Memorandum of Understanding Signed
9/10/2007 - Manas Petroleum has signed a MOU with a Mongolian company, Shunkhlai Energy, regarding petroleum exploration in block XXIII. Manas Petroleum has a right to purchase a 90% interest in the Mongolian com...
Lukoil And Cnpc Sign A Strategic Partnership Agreement
9/8/2007 - LUKOIL, and Chinese National Petroleum Corporation (CNPC), signed a Strategic Partnership Agreement in Beijing. In accordance with the document signed, the companies intend to expand the interaction i...
Apache Completes Sale of Oil Production Interest in China
8/8/2006 - Apache Corporation has completed the previously announced sale of its 24.5 percent interest in China's producing Zhao Dong block to Australia-based ROC Oil Company Limited for US$260 million.

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