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  1. CNPC set to sign deal to buy Malaysian fuel

    Posted Jul 15th 2009, 12:00am by Eric Ng

    ... Eric Ng China National Petroleum Corp (CNPC) is scheduled to sign a multibillion-dollar, 20-year deal today to buy fuel from what is expected to be Malaysia's largest oil refinery, ... in addition to investors from China, Dow Jones reports. A Merapoh source said yesterday the agreement to be signed today would include CNPC's commitment to buy fuel but not an investment ...

  2. Business - China Business - RESOURCES

    China Petrochemical targets Maurel & Prom

    Posted Nov 02nd 2012, 12:00am by Eric Ng

    ... Petrochemical Corp, the nation's second biggest oil producer and the largest oil refiner, is reportedly sizing up Africa- and Latin America-focused French mid-size oil and gas producer Maurel & Prom as a potential acquisition target. Bloomberg quoted sources as saying that China Petrochemical, parent of listed China Petroleum & Chemical (Sinopec), had held informal talks ...

  3. China National secures 7.5b yuan Hainan deal

    Posted Apr 19th 2005, 12:00am by Eric Ng

    ... usage. China National is joined by PetroChina and China Petroleum & Chemical Corp (Sinopec) in developing LNG projects in the relatively more affluent coastal provinces. PetroChina has bagged ... Eric Ng Project will involve a 140MW power plant and 360km distribution network China National Offshore Oil Corp has signed a 7.5 billion yuan deal to develop its fifth liquefied natural ...

  4. CNPC eyes US$300m Verenex Energy deal

    Posted Dec 15th 2008, 12:00am by Staff Reporter

    ... Tim LeeMaster Canadian target owns oil and gas stakes in Libya China National Petroleum Corp, the largest oil company on the mainland, is bidding for Canadian-listed Verenex Energy ... are high on the list of regions targeted by mainland companies. China National Overseas Oil Corp and CNPC continue to jointly pursue a stake of as much as US$2 billion in an oilfield in Angola ...

  5. Iran invites China to take part in US$43b oil projects

    Posted Jul 08th 2009, 12:00am by Staff Reporter

    ... US$2 trillion foreign exchange reserves against the volatility of major world currencies. Last week, China National Petroleum Corp (CNPC), the mainland's biggest oil company, won a bid ... Woods Lee in Beijing Iran is inviting China to get involved in deals in several huge oil projects worth more than US$42.8 billion, as the Islamic nation seeks to boost its crude refining ...

  6. PetroChina acquires parent's global reserves for 20b yuan

    Posted Jun 11th 2005, 12:00am by Eric Ng

    ... Eric Ng PetroChina confirmed yesterday that it will acquire control of global oil reserves owned by its parent company through a 50-50 joint venture, rather than buying them. The Hong Kong-listed petroleum giant will invest 20.74 billion yuan cash in the venture, while state-owned parent China National Petroleum Corp (CNPC) will contribute a basket of petroleum assets in Central ...

  7. COSL reports 40pc profit jump, expects boost from new capacity

    Posted Aug 29th 2008, 12:00am by Eric Ng

    ... Eric Ng China Oilfield Services Ltd, the dominant oil and gas drilling services provider in offshore China, posted a 40 per cent year-on-year jump in first-half net profit, with second-half revenues set to be boosted by major new capacity addition. The company, a unit of offshore oil and gas producer China National Offshore Oil Corp, reported a net profit of 1.53 billion yuan ...

  8. Business - Companies - REGULATION

    US national-security clearance of Softbank-Sprint deal hits Huawei

    Posted May 31st 2013, 12:00am by BLOOM

    ... Bloomberg in Washington US clearance of Softbank's Sprint deal hits Huawei The US national security clearance of SoftBank Corp's US$20.1 billion acquisition of Sprint Nextel Corp ... and ZTE Corp, China's largest phone-equipment makers, have disputed allegations in an October report by the House Intelligence Committee that their expansion may boost US exposure ...

  9. CNPC overseas output growth slows to 3.27pc

    Posted Jan 09th 2009, 12:00am by Eric Ng

    ... Eric Ng China National Petroleum Corp's (CNPC) overseas production set a record last year, although growth slowed. The parent of listed PetroChina, the country's largest oil ... last year, it added, without giving a comparison with 2007. CNPC did not specify how much of the output it owned, compared with its partners, based on its stake ownership. PetroChina owns most ...

  10. CNOOC, PetroChina go their own ways in reserves hunt

    Posted Jun 10th 2005, 12:00am by Tom Holland

    ... from its parent, China National Petroleum Corp. In contrast, on Tuesday, CNOOC said it was considering a counter-offer to top Chevron Corp's US$16.4 billion takeover bid for California-based oil company Unocal Corp. Of the two, PetroChina is clearly adopting the more cautious approach. The asset injection by CNPC is expected to comprise about 50 per cent of the parent ...




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