Keyword: oil industry China

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China's CNOOC Confident on Nexen Deal after Canada Talks

27.09.2012 - China's CNOOC believes it is poised to win Canada's go-ahead for the $15.1 billion purchase of oil producer Nexen, after talks with provincial leaders boosted its confidence that...

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Sinopec Sees Rising Demand in Second Half

27.08.2012 - Refiner and oil and gas producer Sinopec Corp said it saw growing demand for its products in the second half of the year, after losses at its refining and chemicals businesses led...

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Shell Plans at Least $1 Billion a Year China Shale Gas Investment

21.08.2012 - Royal Dutch Shell plans to spend at least $1 billion a year exploiting China's potentially vast resources of shale gas, the firm's top China executive said, part of an aggressive...

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CNOOC Profit Slides, Cuts Dividend ahead of Canadian Buy

21.08.2012 - China's leading offshore oil producer CNOOC said its first-half net profit fell by almost a fifth - twice as much as the market had expected - and it cut its dividend by 40% to...

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China's CNPC in Talks with Ecuador over $12.5 Billion Refinery

20.07.2012 - China National Petroleum Corp (CNPC), the country's biggest oil producer, is in talks with Ecuador's government over a potential investment in the OPEC-member's US-$12.5 billion...

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CNOOC Starts Building $1.6 Billion Taizhou Crude Facility

18.06.2012 - CNOOC, China's third-largest state-run refiner, has started building a 60,000-barrel-per-day crude processing facility in eastern China, to boost its still nascent refining and...