Showing posts with label Chinese oil and gas. Show all posts
Showing posts with label Chinese oil and gas. Show all posts

Saturday, November 26, 2011

PetroChina Parent Chairman Censured by Government for Accidents

China National Petroleum Corp., the parent of the country’s biggest energy company PetroChina Co. (857), said its chairman was given a “disciplinary warning” by the government after accidents at Dalian port since July last year.

Thursday, September 29, 2011

Oil & Gas - China investing to secure energy supply

Energy security is becoming a priority for economies around the world, not least the world’s biggest energy consumer, China. It will be responsible for most of the 36% increase in global energy demand by 2035, says the International Energy Agency.

It’s therefore not surprising that the the Financial Times reported that Chinese oil and gas companies — PetroChina and its parent company China National Petroleum Corp (CNPC), China’s National Offshore Oil Co (CNOOC) and Sinopec — were responsible for 20% of global mergers and acquisitions in the oil and gas sector last year.