CNOOC's purchase of Nexen includes about 200 deep-water leases in the Gulf. The company surrendered operating control of them to quell US national security concerns.
- Mon
- Mar 4, 2013
- Updated: 7:25am
Trending topics
Hong Kong-listed CNOOC's US$15.1 billion takeover of Nexen would give the Chinese company the largest stake of an oil field in the North Sea that "has increasingly influenced" global oil prices,...
China Petrochemical Corp, the parent of listed China Petroleum & Chemical (Sinopec), has clinched a US$2.46 billion deal to buy French oil major Total's 20 per cent stake in an oil field in...
Beijing plans third-quarter onshore crude oil production of 36.4 million tonnes and fourth-quarter output of 36.2 million tonnes, the Shanghai Securities News said. It said the output plan was set...
CNCP (Hong Kong) saw heavy trade again yesterday amid rumours that the Hong Kong arm of China's onshore oil monopoly was poised to acquire interests in more oil fields.
The stock...
CRUDE oil on which Vietnam is counting to fuel its hoped-for economic take-off has started to flow from its second offshore field, it was announced yesterday.
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