A subsidiary of China National Petroleum Corp, the country's largest oil company, is being blamed for an oil leak that contaminated tap water in Gansu's provincial capital Lanzhou on April 11, affecting 2.4 million people, Xinhua reported on April 13.
Russian state-controlled oil producer Gazprom Neft said it had received positive responses from Asian clients about the possibility of using euros as a settlement currency instead of the dollar, Reuters reported on April 10.
Russia will not redirect its oil and gas flows due to possible economic sanctions, Russia’s senior government official has said, ITAR-TASS reported on April 9. “We are ready to fulfil obligations for carrying out projects in the eastern and western directions.
Leaders from China and Russia called on April 9 for efforts to promote solid bilateral cooperation in the nuclear, natural gas, oil, electricity and new energy sectors, China Daily has reported.
Beijing hosted on April 9 a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Zhou Jiping, Chairman of China National Petroleum Corporation (CNPC), Gazprom’s press office has said.
China Oilfield Services Limited (“COSL” or the “Group), announced on April 9 that the newly purchased platform supply vessel - HYSY613 has recently been successfully delivered for operation.
Iran has given China’s oil giant, CNPCI, three months to meet its obligations regarding a massive oil field in Iran or face expulsion from the project, an Iranian deputy oil minister says, Press TV reported on April 7.
China Petrochemical Corp., parent of Asia’s largest oil refiner, raised $5 billion from the biggest offering of dollar-denominated notes by an Asian issuer in more than a decade, Bloomberg reported on April 3.
The deepwater regions of the northern South China Sea have big gas exploration potential and are only in an early stage of development, a senior manager of Husky Energy, which discovered the mainland's first major deep-sea natural gas field, said on April 1, South China
China increased natural gas production by 8.3% year on year to 10.3bn cubic metres of gas in February. Over January-February, gas production rose by 5.7% year on year to 21.8bn cubic metres. Over the same period, Chinese gas import rose by 8.7% to 9.2bn cubic metres.