China
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.
News
June 24, 2015
Vertechs Oil & Gas Technology has launched the “HydroGRS Casing Guiding Tool” which is designed to assist in getting the casing successfully to bottom in difficult environments resulting in time and cost savings.
News
June 23, 2015
Russia surpassed Saudi Arabia to become China’s top crude supplier as the fight for market share in the world’s second-largest oil consumer intensifies.
News
June 22, 2015
BP Plc’s $750 million purchase of a Siberian oilfield stake is as much a bet on China as it is on Russia.
News
June 10, 2015
Chinese national oil companies (NOCs) are assessing how best to optimize their diverse supply portfolios as gas demand disappoints, leading to an oversupplied market with weaker prices.
News
May 27, 2015
CNOOC Limited has reported a mid-sized discovery, Liuhua 20-2, in the Eastern South China Sea.
News
May 22, 2015
Saudi Arabia expanded its share of China’s oil market last month, outpacing rival producers as they compete to meet record demand from the world’s biggest energy consumer.
News
May 04, 2015
China confirmed the reshuffle of the leadership of its biggest oil companies, helping clear a path in a crucial area of the economy for President Xi Jinping as he plans his overhaul of the nation’s bloated state sector.
News
April 27, 2015
PetroChina Co. and China Petroleum & Chemical Corp., the nation’s two largest oil explorers, jumped by their daily trading limit in Shanghai on Monday on speculation the government is considering consolidating the industry.
News
April 24, 2015
Cnooc Ltd., China’s biggest offshore oil and gas explorer, will keep its annual production target, undeterred by a 40% plunge in first-quarter sales.
News
April 23, 2015
CNOOC has commenced production at the Kenli 10-1 oilfield in the Bohai Sea, the company said Thursday.
