China National Petroleum

CNPC’s Daqing unit awarded 1.4 billion yuan drilling contract in Iraq

A DRILLING subsidiary of China National Petroleum Corp (CNPC) has won an engineering, procurement and construction contract worth 1.4 billion yuan (S$261.4 million) to drill wells with two rigs in Ira...

“This is a good move for CNPC, securing additional long term supply from a reliable and well positioned partner. ” said Toby Copson, global head of trading at Trident LNG.

China’s CNPC set to seal mega Qatari LNG deal

CHINA National Petroleum Corp (CNPC) is close to finalising a deal to buy liquefied natural gas (LNG) from QatarEnergy over nearly 30 years from the Middle Eastern exporter’s massive North Field expan...

The increased quotas followed a sizable issuance of 13.25 million tonnes in September as China government sought to shore up its economy by encouraging refiners to step up operations and to benefit from robust export profits.

China raises fuel export quotas to spur refinery output

CHINA has raised its first batch of 2023 export quotas for refined oil products by nearly half versus a year ago, China-based consultancies said on Tuesday (Jan 3), to spur refinery output, capture st...

State-controlled CNPC and Sinopec are expected to invest a 5 per cent stake each in 2 separate export trains, part of the nearly US$30 billion North Field expansion project, the 3 sources with knowledge of the discussions told Reuters.

China firms in advanced talks with Qatar for gas field stakes, LNG offtake: sources

CHINA'S national oil majors are in advanced talks with Qatar to invest in the North Field East expansion of the world's largest liquefied natural gas (LNG) project and buy the fuel under long-term con...