Central & SE Asia / Australasia
Country summary: China
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China - recent news
|24 May 16
||China: Primeline commences arbitration against CNOOC
Primeline Energy has commenced arbitration proceedings against CNOOC under the provisions of the Petroleum Contract for Block 25/34. The arbitration relates to Primeline’s continuing disputes with CNOOC with regard to the development, production and sales of gas from the LS36-1 gas field.
|15 May 16
||China: Kunlun Energy seeks to sell upstream assets and buy Tangshan LNG
Kunlun Energy, a unit of China National Petroleum Corp, plans to sell upstream assets and may buy an LNG terminal from its parent as the company shifts focus to gas distribution. Kunlun owns nine oil and gas producing assets in seven countries including China.
|05 May 16
||China: Primeline enters second phase of 33/07 exploration
Primeline Energy Holdings has agreed with China National Offshore Oil Corp (CNOOC) that it will enter the next and second phase of exploration commitment under the Petroleum Contract for East China Sea Block 33/07.
|26 Apr 16
||China: Husky Energy may take legal action in gas dispute with CNOOC Ltd
Husky Energy said on Tuesday it was confident a dispute with China's CNOOC Ltd over delivery payments for South China Sea gas will be resolved but warned it would take legal action against the state-owned energy company if necessary.
|25 Apr 16
||China: CNOOC's Panyu 11-5 oil field commences production
CNOOC Limited has announced that the Panyu 11-5 oil field, located in the Pearl River Mouth Basin of the South China Sea, has commenced production. The oil field is expected to reach its ODP designed peak production of approx. 3,900 bopd in 2016.
China - more news