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  1. Petroleum giant's image tarnished over accidents

    Posted Jul 12th 2011, 12:00am

    ... in an oilfield. If the pressure of one of the wells drops, the flow rate and production at other wells could rise, which may compensate for the loss.' Kwan was a petroleum engineer with BP ...

  2. CNOOC reserve may grow 37.6pc on acquisition, gas project

    Posted Apr 10th 2010, 12:00am by Eric Ng

    ... Eric Ng CNOOC, the mainland's dominant offshore oil and gas producer, could see its reserve grow by up to a third this year if it completes its acquisition in Argentina and gets government approval for a major deepwater gas field in the South China S ...

  3. Lower crude prices to hurt PetroChina earnings

    Posted Aug 23rd 2007, 12:00am by Eric Ng

    ... in the first-half, as it has done in previous years. Rival China Petroleum & Chemical (Sinopec), the nation's second-largest oil and gas producer, is expected to report a 64.2 per cent year-on-year ...

  4. CNOOC net slips 10.6pc but beats market targets

    Posted Aug 30th 2007, 12:00am by Eric Ng

    ... Eric Ng CNOOC, the mainland's dominant offshore energy firm, posted a better than expected interim net profit as production resumed at a typhoon-damaged oil field that accounts for 5 per cent of its annual output. Chairman Fu Chengyu said operations ...

  5. CNOOC revenues fall 11pc as oil prices drop

    Posted Apr 27th 2007, 12:00am by Carol Chan

    ... Carol Chan Firm's overseas oil and gas production rises Dragged by the drop in oil prices, CNOOC, the country's dominant offshore oil and gas producer, yesterday said first-quarter revenue fell 10.9 per cent despite a 5.1 per cent output boost. ...

  6. Deal widens Shell bitumen business

    Posted Mar 08th 2006, 12:00am by Jamil Anderlini

    ... Jamil Anderlini in Beijing Global oil giant Shell will expand its bitumen business on the mainland by 175 per cent through the acquisition of a Hong Kong-based company as it seeks to take advantage of the government's massive rural road-building sche ...

  7. Oil spills risk under-reported

    Posted Jul 06th 2011, 12:00am

    ... Ed Zhang in Beijing ed.zhang@scmp.com Two oil spills off the coast of Shandong province last month were far more serious than previously claimed by China National Offshore Oil Corporation (CNOOC), the central government admitted yesterday, blaming the oil ...

  8. China group blazes trail with US$400m foreign oilfields

    Posted May 05th 2006, 12:00am by Mark O'Neill

    ... in the Middle East- for US$400 million, industry sources said yesterday. The China International Petroleum Investment Union was set up in August last year by 50 mainland companies with an investment ... on international markets, in the form of share issues and fund placement. The union plans to set up offices in Hong Kong, the United States, Russia, Singapore, Indonesia and other Organisation of Petroleum ...

  9. Drill gear maker eyes HK$2.5b IPO

    Posted Apr 25th 2008, 12:00am by Staff Reporter

    ... for the company, becoming a substantial shareholder, a source close to the firm said. MSP/Drilex's customers include Hong Kong-listed companies such as mainland oil giants CNOOC, China Petroleum & Chemical (Sinopec) and China National Petroleum Corp. 'Despite the recent weakness in the market for initial public offerings, MSP/Drilex is still planning to go through a listing hearing ...

  10. Results diary

    Posted Mar 25th 2005, 12:00am by Staff Reporter

    ... Today Final: China Petroleum & Chemical CorporationMar 28 Final: Aluminum Corporation of China, Datang International Power Generation, Mudan Automobile SharesMar 29 Interim: Asia Aluminum Holdings, China Agrotech Holdings, Millennium Group, V.S. International Group Final: Angels Technology, China Shineway Pharmaceutical Group, CNOOC, Computech Holdings, Innovis Holdings, ...




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