CNOOC, the mainland's dominant offshore oil and gas producer, is expected to report a small decline in first-half net profit tomorrow, as a drop in output and higher production costs offset the...
- Thu
- May 23, 2013
- Updated: 9:48am
Trending topics
CNOOC, the mainland's largest offshore energy explorer, plans to produce up to 340 million barrels of oil equivalent (boe) and estimated that net production last year was 331 million to 332...
China Petroleum & Chemical (Sinopec) and its parent, China Petrochemical Corporation, are considering separate listings of their assets, a move they hope will unlock billions of US dollars in...
The shares of offshore oil company CNOOC fell 8.9 per cent on market uncertainty yesterday after it halted production at its oilfield in Bohai Bay because of oil leaks that began in June.
...Mainland marine authorities have ordered the immediate suspension of all oil production at platforms in Penglai 19-3, China's biggest offshore oilfield.
Marine authorities yesterday began checking ConocoPhillips' sealing of leaks and clean-up of oil spills in the Bohai Sea, but bad weather prevented them from delivering a report yesterday as some...
The American operator of troubled oil platforms in Bohai Bay has admitted that the total amount of oil that leaked around its rigs was more than double its original estimates, amid mounting...
The agency in charge of maritime resources has ordered ConocoPhillips China to apologise for failing to contain an oil spill in the Bohai Sea, and accused the company of taking advantage of...
The Bohai Bay oil spills are a black eye for operator ConocoPhillips and majority project owner China National Offshore Oil Corporation.
The central government has given foreign oil companies a five-year exemption from an export tax imposed on the industry last year after they complained it was at odds with a long-standing...
Consortium beats international groups to secure the mainland's largest overseas construction project
President Hu Jintao has embarked on his second African tour in three years with the clear message that China and Africa are natural partners.
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