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The 27thBeijing International Offshore Oil & Gas Exhibition

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March 17-19,2027

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Industry News
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25 2012-04

Oil Drops From Three-Day High as China Crude Consumption Falls

Oil dropped from the highest closing price in three days in New York after a report showed that Chinese consumption growth is slowing. Futures slid as much as 1.2 percent as Chinese customs .........

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25 2012-04

China Plans Shale-Gas Investment Floor to Tap Largest Reserves

China, holder of the worlds biggest shale-gas reserves, plans to speed up exploration of the resource by asking companies including PetroChina Co. (857) invest three times the minimum amount.........

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24 2012-04

Soaring Gasoline Prices Make Drivers Reconsider

With a heart for racing, Yang Liguang enjoys the moment when he overtakes other cars on the road. But after the fuel prices rose again in March, he has begun having second thoughts every tim.........

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24 2012-04

China to See Gas Shortfall of 75 bcm in 2015

China is expected to face a natural gas shortfall of 75 billion cubic meters in 2015, said Shanghai Securities News, citing Shi Xi, vice head of Sinopecs Economy and Technology Research Inst.........

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24 2012-04

CNOOC Strikes Gas at Yinggehai(China)

CNOOC today announced that the company has made another successful discovery Dongfang(DF)13-2 in high-temperature and high-pressure natural gas reservoir in Yinggehai following the successfu.........

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23 2012-04

Bohai Oil Fields Buoy CNOOC

After several lean years, output at CNOOC Ltd (0883) is expected to rise this year following the discovery and appraisal of several large oil fields in Bohai Bay. Chinas largest offshore oil.........

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23 2012-04

Sinopec to Spend US$16bn to Buy Argentina Energy Firm: Sources

Chinese state petroleum company Sinopec has reportedly reached an agreement with Spanish oil company Repsol to buy its 57.4% stake in YPF, Argentinas largest energy firm, at the price of aro.........

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20 2012-04

Sinopec in Talks With Spain's Largest Oil Company

China Petrochemical Corp (Sinopec Group) is in talks with Repsol-YPF, Spains largest oil company, to buy out the latters stake in Argentinean oil unit, YPF, a source close to the deal disclo.........

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20 2012-04

CNOOC Discovers Large Oilfield in Bohai Sea

Chinas largest offshore oil producer said Tuesday that an oilfield it discovered in east Chinas Bohai Sea two years ago has proven to be the largest found in recent years in the region. Test.........

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20 2012-04

CNOOC Says Penglai Oilfield Has Massive Reserves

State-owned China National Offshore Oil Corporation (CNOOC), one of Chinas three major state-owned oil companies, announced on April 17 that its Penglai 9-1 oilfield has been appraised as th.........

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19 2012-04

5 Natural Gas Workers Suffocate in NW China

Five natural gas workers suffocated while installing pipes in a shaft valve in Northwest Chinas Shaanxi province, local authorities confirmed Tuesday. The accident took place at about 3:00 p.........

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19 2012-04

CNOOC Completes Oil Field Appraisal

China National Offshore Oil Corporation (CNOOC), the countrys largest offshore oil producer, announced Tuesday that it has successfully appraised the Penglai(PL)9-1 hydrocarbon bearing struc.........

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19 2012-04

China's CNOOC Confirms 'Large Oil Field' at Bohai Bay Penglai 9-1 Find

Chinese state-controlled monopoly offshore producer China National Offshore Oil Corp has confirmed its Penglai 9-1 discovery, made in Bohai Bay in 2010, as a large oil field, after it produc.........

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18 2012-04

China Gets Oil Discount

Russian state-owned oil producer Rosneft has agreed a supply deal with China National Petroleum Corporation, granting a discount of $1.5 per barrel, on the conditions that China pays its deb.........

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17 2012-04

China Launches Oil Spill Response Vessels

China has put the countrys first oil spill response vessels (OSRV) into use, a move to strengthen emergency response capabilities in case of oil spill accidents The vessel named Haite 191 wa.........

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