In Brief

CNPC completes stake sale to kazmunaigaz

Tuesday, 18 July, 2006, 12:00am

Oil fuels regional rivalry

China and India, the world's two emerging giants of energy consumption, are reportedly preparing to work together to buy oil and gas assets around the globe to fuel their growing economies.

2 Sep 2005 - 12:00am

PetroChina seeks $19b in share issue

Heavily oversubscribed offer seen as means of boosting reserves for further foreign acquisitions

PetroChina, the Hong Kong-listed arm of the mainland's largest oil and gas producer, China National Petroleum Corp (CNPC), has called on investors to raise up to $19.17 billion in fresh capital.

1 Sep 2005 - 12:00am

Oil deal a model for mainland firms

Three weeks ago, corporate China's ambitions to secure strategic oil and gas reserves suffered a humiliating setback when CNOOC withdrew its US$18.5 billion takeover bid for California's Unocal. That effort demonstrated vaulting ambition since the mainland's No 3 oil firm knew it faced a formidable foe in market giant Chevron.

11 Jun 2015 - 4:57pm

CNPC tops India offer for Kazakh oil firm

China National Petroleum Corp has outbid India's Oil and National Gas Corp (ONGC) by offering US$4.18 billion for Canadian-based PetroKazakhstan, a rare major win for a mainland firm in recent years as Beijing reaches out for international oil and gas assets to fuel its booming economy.

11 Jun 2015 - 4:57pm

Oil majors face battle in Kazakhstan

Indian and Chinese groups court testy authorities with bids for Canadian firm

China National Petroleum Corp (CNPC) is set to lock horns with India's Oil and Natural Gas Corp (ONGC) in a battle to acquire Canada's PetroKazakhstan.

17 Aug 2005 - 12:00am