A trade mission to China led by Calgary Economic Development will wrap up on May 31 following talks over the future of Chinese investment in the Alberta oil sands.
Continue reading "China Eyes Alberta Oil Sands Investment"
Monday, January 24, 2011
International Energy Agency last week indicated that “three digit oil prices risk damaging” the economic recovery, offering a message that OPEC should raise output; however, OPEC responded the same day by saying that global supplies are sufficient to meet demand.
Continue reading "Increasing Oil Production Pressures"
Thursday, November 11, 2010
As China demonstrates its political clout at the G20 summit in Seoul, the country continues to make headlines in economic and energy news as the China National Petroleum Company (CNPC) has made an agreement with Shell to develop oil sands. CNPC, the parent of PetroChina, reported that its president, Jiang Jiemin and Royal Dutch Shell Plc (NYSE:RDS.B)CEO Peter Voser signed a memorandum of agreement in Beijing on "integrated co-operation" of oil and gas projects in Canada and coal bed methane development in China.
Continue reading "China and Shell to Explore Canadian Oil Sands"
Thursday, July 23, 2009
China’s top oil firm, PetroChina, has commenced building 1 million cubic metres, or about 6.3 million barrels, of crude oil storage tanks in southwestern Sichuan, company-run China Petroleum Daily reported on Thursday. For full story, click here
Continue reading "China’s Sites for Commercial Oil Storage"
Thursday, July 16, 2009
Asia’s top oil and gas company PetroChina has commenced an expansion of its Liaoyang refinery in northeastern China to prepare for more oil imports from Russia. For full story, click here
Continue reading "PetroChina has added refining facilities for Russian Oil"
Monday, May 25, 2009
Asia’s leading oil and gas producer, PetroChina declared that it would purchase a 45.5 percent stake in Singapore Petroleum Company for $1.02 billion, its first overseas acquisition of a public company. For full story, click here
Continue reading "Deals, delays as China Oil Majors have looked Overseas"
Wednesday, May 13, 2009
Chinese shares surged to a nine-month high on Wednesday, buoyed by strong consumer spending data and a 6.1 percent rise in PetroChina, the Shanghai benchmark’s heaviest-weighted share. For full story, click here
Continue reading "Chinese Shares surged 9-month high as retail sales jumped"
Monday, April 27, 2009
PetroChina Co Ltd, the world’s second-most valuable oil and gas producer after Exxon Mobil, posted a 36.2 percent drop in first-quarter earnings, its worst result in two years, as a steep dip in oil prices battered margins. For full story, click here
Continue reading "PetroChina reported fall in Q1 earnings"
Wednesday, April 22, 2009
Stock price for low-debt, buy-recommended PetroChina has 77% appreciation potential to estimated Net Present Value (NPV) of $150 a share. For full story, click here
Continue reading "Strong appreciation potential for PetroChina stock"
Tuesday, April 21, 2009
Chinaoil, trading arm of state refiner PetroChina, has been the most active player on crude oil during the Asian Platts window this month, signalling its aim to become a major market force. For full story, click here
Continue reading "Chinaoil stamped role as major force in crude trading"
The Crude Oil Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
OilInvestingNews.com maintains a focus on Oil exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
Get our exclusive independent commentary on oil trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »
Simply fill in your name and email to make better investment decisions.
Monday, May 30, 2011