Central & SE Asia / Australasia
Country summary: China
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China - recent news
|22 Apr 14||
China: CNOOC Q1 output jumps on Nexen buy - may miss 5-year growth target
CNOOC Ltd on Tuesday posted a 15.5 percent rise in first quarter output mainly due to its purchase of Canadian firm Nexen last year, but China's top offshore oil and gas producer could still miss its 2011-2015 annual organic production target as it struggles with ageing domestic oil fields.
|22 Apr 14||
China: PetroChina hikes shale gas spending to more than $1.6 billion
Chinese state energy giant PetroChina plans to spend more than 10 billion yuan ($1.6 billion) on shale gas this year, sources with knowledge of the matter said, as domestic competition heats up after rival Sinopec announced a commercial find.
|09 Apr 14||
China: Shell and CNPC to cooperate in deep-sea exploration, shale gas
Royal Dutch Shell and the China National Petroleum Corp (CNPC) have signed a deal to boost cooperation in sectors like deep sea exploration as well as liquefied natural gas (LNG) and unconventional gas sources like shale, CNPC said on Wednesday.
|02 Apr 14||
China: Green Dragon Gas signs agreement with CUCBM to accelerate development of its CBM PSCs
Green Dragon Gas, one of the largest independent companies involved in the production and sale of CBM gas in China, has entered into a binding agreement with China United Coalbed Methane Corporation (CUCBM), a subsidiary of China National Offshore Oil Corporation (CNOOC), regarding five of its Production Sharing Contracts (PSCs) in China.
|01 Apr 14||
China: Primeline commences 3D seismic survey in Block 33/07, East China Sea
Primeline Energy Holdings has announced that its contractor, China Oilfield Services Ltd. (COSL), has commenced the 3D seismic survey in Block 33/07, East China Sea.
China - more news