Friday, January 22nd, 2010
China National Offshore Oil Corp (CNOOC) has started making diesel from Jatropha in southern Hainan province, local media said, the first such project operated by a state-run company.
The report said ...
Tuesday, January 19th, 2010
Lukman: Why we put deregulation on hold
It emerged yesterday that top executives of some International Oil Companies (IOCs) have commenced discussion with the Federal Government over the renewal of their ...
Tuesday, January 5th, 2010
Songa Venus has achieved operating efficiency of 100% during the month. The rig is currently operating for the ADA consortium and Albers Group/Hawkstone, offshore North West Australia.
Songa Mercur has achieved ...
Tuesday, November 24th, 2009
International Oil Companies (IOCs) operating in Nigeria are scrambling to renew their oil licences ahead of the passage of the Petroleum Industry Bill, (PIB) that could boost tax and royalty ...
Tuesday, November 3rd, 2009
China National Offshore Oil Corporation (CNOOC), is said to be discussing with the Federal Government to acquire some oil blocks, which are presently belong to the
multinational oil and gas companies. ...
Monday, November 2nd, 2009
CNOOC's third-quarter revenue fell to 23.76bn yuan, representing a 23% year-on-year drop due to a steep decline in crude oil prices, the company announced.
The company's realised crude oil price was ...
Wednesday, October 21st, 2009
China National Offshore Oil Corporation (CNOOC) has received its first cargo of liquefied natural gas from Qatar, according to Chinese newspaper reports.
The first shipment, of 216,000 cubic metres, has arrived ...
Wednesday, October 7th, 2009
Concerns over the possibility of losing 16 prolific oil mining leases (OMLs) held for over 40 years by the international oil companies (IOCs) has led to intense lobbying and intrigues ...
Monday, October 5th, 2009
US crude for November slipped $0.37 to $69.58 a barrel by 07.45 GMT. The contract settled down $0.87 at $69.95 a barrel on Friday.
London Brent fell $0.40 to $67.67
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Chinese oil ...
Thursday, October 1st, 2009
Crude oil for November 2009 delivery declined as much as $0.72, or 1%, to $69.89 a barrel in electronic trading on the New York Mercantile Exchange on 30 September, Bloomberg ...
Tuesday, September 29th, 2009
A Chinese state-owned oil company is in talks with Nigeria to buy large stakes in some of the world's richest oil blocks in a deal that would eclipse Beijing's previous ...
Tuesday, July 14th, 2009
Pemex (Petroleos Mexicanos) will invite contractors to take part in bidding for the Coridon natural gas project Burgos region in northern Mexico.
The company said that it could take four months ...
Wednesday, July 8th, 2009
Emerging oil giant Ghana aims to maximise local ownership of its resources to avoid mistakes made by neighbouring nations where oil has become a "curse," its deputy energy minister said ...
Thursday, May 14th, 2009
BG Group today announced that it had signed a liquefied natural gas (LNG) Project Development Agreement with one of China's leading integrated energy companies, China National Offshore Oil Corporation and ...
Thursday, May 7th, 2009
)))))))))The U.S. dollar, which rebounded from a one-month low against the euro, also dragged down the crude prices.
Light, sweet crude for June delivery was down 63 cents to 53.84dollars a ...
Wednesday, April 29th, 2009
)))))Oil prices extended losses and fell towards $49 a barrel on Wednesday, as fears that the swine flu outbreak could dent fuel demand were further exacerbated by fresh worries about ...
Tuesday, April 21st, 2009
))))) Price of crude oil fell more than six per cent, to around $47 a barrel yesterday, due to a rising value of the United States dollar and “growing caution ...
Saturday, March 21st, 2009
- Iran's proven oil reserves are set to increase substantially in 2009 because of the development of major oil fields, Iranian oil officials said.
Iran "has made new discoveries in the ...
Wednesday, February 25th, 2009
- NNPC Seeks $1.7bn Loan
Nigeria’s quest for increased gas output to power electricity got a boost yesterday with the signing of a $1.69 billion loan agreement between the Nigerian National ...
Friday, February 13th, 2009
Oman began pumping natural gas from the West Bukha offshore field off the Musandam Peninsula, with forecasts of 40 million cubic feet per day by 2010.
The Ras al-Khaimah Gas Commission ...
Tuesday, August 12th, 2008
CNOOC Limited announced today that the company had acquired a new oil and gas discovery named Bozhong(BZ) 29-5 in the Yellow River Mouth Sag of Bohai Bay, which represents another ...
Thursday, July 10th, 2008
CNOOC BlueChemical Limited (China BlueChem) and Changchun Institute of Applied Chemistry, Chinese Academy of Science, have successfully developed a kind of green plastic bags made from carbon dioxide degradable materials. ...
Wednesday, June 18th, 2008
Total announces today that it has signed a Memorandum of Understanding (MOU) with one of China’s major oil & gas companies China National Offshore Oil Corporation (CNOOC). CNOOC Group President, ...
