Flagging of its interest in the black gold this week, China National Oil Corporation secured its place in Iraq. Together with BP, it signed the first big oil deal. Why the sudden interest in oil?
Continue reading "China & Crude: Battling New Frontiers"
Thursday, April 30, 2009
China’s top offshore oil and gas producer CNOOC Ltd. produced 15 percent more oil and gas in the first quarter, but its total revenue dips 42 percent due to the sharp fall in crude prices. For full story, click here
Continue reading "CNOOC Q1 output surge 15 percent, sales dip on lower crude"
Thursday, March 19, 2009
Chinese main offshore crude oil firm CNOOC Ltd announced that it has commenced production from its Bozhong 28-2S oil field with 4,000 barrels of oil per day via four wells. For full story, click here
Continue reading "CNOOC commenced new Baohai field production"
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Thursday, November 5, 2009