China
News
August 27, 2015
PetroChina Co., the country biggest oil and gas producer, signaled it’s looking to join a wave of global energy deals as crude’s collapse makes it the right time to buy and sell assets.
News
August 27, 2015
PetroChina Co., the nation’s biggest oil and gas producer, posted a 63% decline in first-half profit as oil prices slumped, lagging analyst estimates.
News
August 26, 2015
Cnooc Ltd., China’s biggest offshore oil and gas explorer, posted a 56% decline in profit for the first half of this year.
News
August 26, 2015
Oil swung between gains and losses in New York as further declines in China’s stock market fanned concern that its fuel demand may slow while global crude markets remain oversupplied
News
August 18, 2015
Primeline Energy Holdings has entered into a turnkey drilling contract with China Oilfield Service Ltd. (COSL) for its 2015 exploration programme of two wells in Block 33/07 in the East China Sea.
News
August 17, 2015
After showing some short-lived optimism, hedge funds resumed their retreat from the U.S. oil market, cutting bullish positions for the seventh time in eight weeks as prices dropped to the lowest since 2009.
News
August 14, 2015
Oil’s slump gathered momentum, with U.S. crude extending losses at a six-year low on concern weakness in China’s economy will exacerbate the global glut. Japanese stocks resumed declines, while the yuan advanced offshore.
News
August 10, 2015
Oil advanced from the lowest closing level in six months in London, as China imported recorded volumes of crude and some OPEC members discussed the possibility of an emergency meeting.
News
August 06, 2015
Aqualis Offshore, part of Aqualis ASA, has been contracted by Mekers Offshore Ltd. to supervise the construction of the Zhejiang-based company’s two new liftboats.
News
July 27, 2015
A Chinese court allowed a lawsuit by a domestic non-governmental organization against Cnooc Ltd. and ConocoPhillips over the Bohai Bay oil spill in 2011, in what may be one of the first tests for the government’s new environmental-protection laws.
News
July 24, 2015
Tendeka has signed a two-year agreement with Eternal Asia Supply Chain Management for the exclusive supply of its FloSure autonomous inflow control devices (AICDs) in China.
News
July 24, 2015
China repeated a call Friday for talks with Japan over joint development of gas and oil resources in contested waters in the East China Sea.
News
July 22, 2015
Japan’s foreign ministry unveiled a map and photographs of what it said were 16 Chinese marine platforms close to Japan’s side of the disputed East China Sea.
News
July 22, 2015
ConocoPhillips ended talks with PetroChina Co. on a shale gas development in the country after a two-year study.
News
July 21, 2015
CNOOC Ltd. has announced that the Luda 10-1 comprehensive adjustment project has commenced production.
News
July 07, 2015
China is offering six oil and gas blocks in the resource-rich province of Xinjiang to non-state companies, extending the bids beyond state-owned explorers.
News
July 06, 2015
Crude tumbled the most in five months amid mounting concern about economic stability in Europe and Asia.
News
July 06, 2015
Brent slid below $60/bbl for the first time since April amid mounting concern about economic stability in Europe and Asia.
News
July 02, 2015
China is wary of expanding energy investments in Russia because closer ties with the Kremlin could harm its relations with the U.S., according to a former researcher at China’s biggest offshore explorer.
News
July 01, 2015
Russia is set to strengthen its position as the biggest oil supplier to China in the coming decade with a planned second pipeline link to Chinese refineries, according to a unit of Fitch Group Inc.
News
June 30, 2015
CNOOC Limited’s Bozhong 28/34 oilfields comprehensive adjustment project has commenced production. The Bozhong 28/34 oilfields are located in Bohai, with an average water depth of approximately 22 m.
