Oil Pipelines

Briefs, March 3, 2013

Moscow protesters urge end of foreign adoptions. Photo: Reuters

Britain's Queen Elizabeth is recovering after coming down with a stomach bug that forced the cancellation of a royal engagement. The 86-year-old monarch yesterday cancelled a visit to Swansea, Wales. 

Sunday, 3 March, 2013, 6:30am

PetroChina buys pipeline assets for 9.7b yuan

PetroChina, the country's largest oil and gas producer, plans to acquire the western pipeline assets from parent company China National Petroleum Corp for 9.71 billion yuan (HK$11.01 billion). The assets to be acquired include a crude oil pipeline and a refined oil pipeline, each with a length of 1,858km, stretching from Urumqi in Xinjiang in the west to Lanzhou, Gansu province, in the east.

19 Jun 2009 - 12:00am

Sinopec parent seals deal to buy Russian oil, opts for rail transport

China Petrochemical Corp, Asia's largest oil refiner and parent of Sinopec, has sealed a long-awaited deal to buy crude oil from Russia and transport it by rail through Mongolia.

6 Jul 2007 - 12:00am

Boost for Asia's energy security in the pipeline

Since the 1970s, various plans have been proposed to bypass the Malacca and Singapore straits, one of the world's busiest international shipping channels. This would be done by cutting a canal or building oil pipelines through the relatively narrow neck of Thai or Malaysian land that separates the northern entrance of the straits from the South China Sea.

6 Jun 2007 - 12:00am

Politics at play in China's energy race

Russia seen using delays in projects to get more concessions

The mainland's wish to secure long-term oil and gas supply from resource-rich neighbour Russia through pipelines may not be realised as fast as it wants due to wider political considerations, according to a Standard & Poor's research report.

14 Apr 2006 - 12:00am

Building pipelines easier than building trust

If trade dominates China's relations with the United States, its energy needs loom just as large in its strengthening ties with Russia. On that count, at least, the summit this week between President Hu Jintao and his Russian counterpart Vladimir Putin can be rated a qualified success.

23 Mar 2006 - 12:00am

The pipelines to power

As international oil prices continue to surge, China is stepping up attempts to ensure its sources of energy supply. Its efforts range from Kazakhstan and Brazil to Southeast Asia, while Beijing is also bolstering relations with Russia and, possibly, straining ties with Japan.

20 Oct 2004 - 12:00am

Diplomatic energies will focus on oil

The oil diplomacy practised by President Hu Jintao during his swing through North and Central Africa could well be a sign of things to come. As the world's second-largest oil importer, China already competes against other nations to secure supplies and buy stakes in exploration projects.

6 Feb 2004 - 12:00am

Oil rivalry threatens geopolitical balance

For those who expected a resolution of questions over the fate of the Siberia-to-Daqing oil pipeline when Russian Prime Minister Mikhail Kasyanov paid a visit to Beijing this week, Mr Kasyanov's cryptic statements will have proved maddeningly unclear.

26 Sep 2003 - 12:00am

Route of Russian oil pipeline set to dominate talks

Analysts say it now seems unlikely that a link supplying China will be built

The future of a controversial US$2.5 billion pipeline will be the focus of talks when Russian Prime Minister Mikhail Kasyanov meets Premier Wen Jiabao this week.

Mainland analysts said it appeared increasingly doubtful that the pipeline would proceed as planned.

23 Sep 2003 - 12:00am

Asia's high-risk energy triangle

You do not have to believe that the Iraqi war was fought for oil - I do not - to believe that energy shapes the course of international politics. The Middle East is the easy case: How many of us would care about the strife there if billions of barrels of oil were not buried beneath those deserts?

3 Jul 2003 - 12:00am

Russian oil, gas pipelines vetoed

Russia has vetoed proposals to build oil and gas pipelines from Siberia to China in favour of lines leading to its far eastern port of Vladivostok, a report said yesterday.

22 Dec 2002 - 12:00am

Mainland pipelines lure CNPC to invest

CNPC (Hong Kong) might invest in the development of oil transmission pipelines within mainland cities, according to executive chairman Zhang Ruchun.

After the company's annual general meeting yesterday he said it had completed a study of the potential of the business and was now in discussions with mainland parties about a possible investment.

17 Jun 1999 - 12:00am

Chevron stands by project in face of oil-price falls

The president of Chevron Overseas Petroleum - the biggest single foreign investor in Kazakhstan - believes its project to pump oil from the Tengiz field in the west of the country remains viable despite the fall in world oil prices.

4 Jun 1999 - 12:00am

Oil contracts signed

China National Petroleum Co (CNPC) and Global Oil Co of Australia have signed two contracts to develop oil reserves in Jilin, a CNPC spokesman said yesterday. The Da'an oilfield, covering 253 square kilometres, and the Miao-3 oilfield, covering 81 sq km, boast good oil-bearing conditions.

18 Dec 1997 - 12:00am