Central & SE Asia / Australasia

Country summary: China

energy-pedia opportunities - China:
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Licensing articles:56
Completed deals:57

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China - recent news

29 Aug 14 China: CNOOC reports steady development with solid performance in 1H 2014
CNOOC Limited on Thursday announced its interim results for the six months ended June 30, 2014. For the first half of the year, the Company’s total net oil and gas production reached 211.6 million barrels of oil equivalent (BOE), up 6.8% year-on-year (yoy), with 36.3 million BOE contributed by Nexen.
25 Aug 14 China: Sinopec expects China shale drilling costs to drop to $50 mln per well from $80 mln
State-run oil company Sinopec Corp said on Monday it expects shale drilling costs in China to drop to $50 million per well from $80 million in three to five years.
25 Aug 14 China: CNOOC commences production at its Wenchang 13-6 oilfield
CNOOC Limited has announced that its Wenchang 13-6 oilfield, located in the west of the Pearl River Mouth Basin, has commenced production.
24 Aug 14 China: Sinopec planning $1.5 bln Hong Kong IPO of oilfield services unit - sources
China Petroleum & Chemical Corp, better known as Sinopec, is reported to be planning a $1.5 billion Hong Kong initial public offering for its oilfield services unit in the first half of 2015.
08 Aug 14 China under pressure as U.S. pushes plan to ease South China Sea tensions
China will come under the most concerted diplomatic pressure yet to rein in its assertive moves in the disputed South China Sea when the United States uses a regional security meeting this weekend to rally support for a freeze on provocative acts.

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