SAN FRANCISCO, March 18 - Occidental Petroleum Corp Chief Executive Ray Irani, long one of the world's best-paid executives, saw his annual compensation drop to $60.5 million in 2008 from $77.6 million the year before....
As USD goes weak and its stocks slip back at the close this weekend, Nymex crude oil future price rises dramatically 9.5% to 61.17USD/drum. However, natural gas slumps...
November 25 MetalBiz鈥擮n November 24, US Department of Commerce (USDC) announced to decrease the average import tariff on petroleum pipeline from China to 13.2% from the 21.3% set in September...
Canada-based oil and gas company Tethys Petroleum has filed an application with the Hong Kong Stock Exchange to list on the bourse in the first quarter of 2010, the Oriental Daily reported on Friday, citing market sources as saying.The upstream energy firm, which focuses on Central Asia, plans to raise as...
November 6 MetalBiz--On November 5, US Department of Commerce (USDC) made a preliminary decision to levy high anti-dumping tax on petroleum steel pipe from China, with the rate of 36.53%-99.14%...
Shenhua Group Corp Ltd, the largest coal producer in China, on Tuesday set up a RMB 4.8-billion coal joint venture with Shaanxi Yanchang Petroleum Group Co Ltd.Shenhua Group, the parent of China Shenhua Energy Co Ltd<601088><1088>, will hold a 51% stake in the new JV, which will be called...
Nov. 4 MetalBiz--Russia's five large-scale petroleum and natural gas enterprises recently jointly wrote the letter that they request the government to prolong the agreement importing the tax-free...
PetroChina Co Ltd<601857><0857><PTR>, a subsidiary of China National Petroleum Corp, on Sep. 4 indirectly became the sole owner of Singapore Petroleum Company Ltd, according to a statement released by PetroChina's board of directors.On Sep. 4, PetroChina purchased a 50.7% stake in Singapore...
CNOOC Middle East, a subsidiary of China National Offshore Oil Corp, on Aug. 31 signed a 25-year agreement with Qatar Petroleum to explore offshore oil and natural gas at Block BC, sources reported. According to the agreement, in the first five years, CNOOC Middle East will drill three wells in Block BC,...
Shaanxi Yanchang Petroleum Group, China's top regional oil producer, on Monday announced that it will issue 270-day financing bills on the interbank market on Sept. 7, sources reported. The company hopes to raise up to RMB 2 billion through the issuance. The bills will become tradable on Sept. 8, and both the...