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26.03.2013 China to Drill in Barents Sea

The Chinese National Petroleum Corporation (CNPC) struck a deal with Rosneft over the exploration of three fields in the Barents and Pechora Seas, Barents Observer reports.

26.03.2013 Gazprom, CNPC Sign Long-Term Gas Deal

Russian energy company Gazprom said it signed a 30-year deal with China National Petroleum Corp. to deliver natural gas to China by pipeline, UPI reports.

26.03.2013 Russia Lets China Into Arctic Rush as Energy Giants Embrace

Bloomberg reports that Russia’s decision to give China a share of prized Arctic exploration licenses as part of a “breakthrough” deal signals how the world’s largest oil and gas producer and the biggest energy consumer are redrawing the global energy map.

25.03.2013 Russia Inks Deal to Supply Gas to China on Eastern Route

Russian gas giant Gazprom has signed a memorandum with China’s CNPC to supply 38 billion cubic meters of gas via the Eastern route within 30 years starting from 2018, RIA Novosti reported.

21.03.2013 CNPC and Sinopec Raise Shale Gas Development Expectations

ChinaScope Financial reports that on March 18, a number of state-owned Chinese oil enterprises announced their development plans for the shale gas sector.

19.03.2013 Lanzhou-Chengdu Crude Pipeline Completed

On March 13, Lanzhou-Chengdu Crude Pipeline was completed. The 880km-long pipeline extends from the Western Crude Pipeline terminal in Lanzhou, Gansu Province, to Pengzhou terminal station in Sichuan Province, running through Gansu, Shaanxi and Sichuan provinces.

19.03.2013 CNPC and Eni Sign Two Cooperation Agreements

On March 13, CNPC Chairman Jiang Jiemin, CNPC President Zhou Jiping and visiting Eni CEO Paolo Scaroni had a meeting in Beijing and signed two agreements on equity transaction and joint study respectively.

15.03.2013 Chairman of the Gazprom Management Committee Alexey Miller visits CNPC

On March 13, a Gazprom delegation led by Alexey Miller, Chairman of the Management Committee, paid a visit to CNPC in Beijing, where they had friendly talks with CNPC Chairman Jiang Jiemin and the Company’s President Zhou Jiping.

15.03.2013 Eni Sells 20% Share of Area 4 in Mozambique to CNPC and Signs Joint Study Agreement for Development of Rongchang Shale Gas Block in China

CNPC's entrance into Area 4 is strategically important for the project thanks to the worldwide relevance of the new partner in the upstream and downstream sectors.

15.03.2013 CNPC to Buy Stake in Eni Mozambique Assets for $4.2 Billion

Bloomberg reports that China National Petroleum Corp., the country’s largest oil producer, will buy a 28.57 percent stake in Eni SpA (ENI)’s East Africa subsidiary for $4.2 billion.