JAKARTA, Oct 12 - Indonesia's state oil and gas firm Pertamina may accept a lower price for gas supplied from a project in Sulawesi to domestic customers as long as it is allowed to export...
The Australian government said yesterday that US giant ExxonMobil had inked a deal to sell liquefied natural gas from its share of an LNG project in Australia to PetroChina in a deal worth about A$50 billion ($41.29 billion). Under the deal, PetroChina will buy 2.25 million tons per annum of gas ...
The China National Offshore Oil Co said yesterday it has successfully drilled a new oil and gas well in East China鈥檚 Bohai Bay. The exploratory drilling penetrated oil pay zones with total thickness of 33.4 meters to a depth of 3,720 meters, the company said. Water depth was about 16 meters. Th...
Vision-2015 for the oil sector, which will focus on providing better services to customers covering four broad areas of LPG (liquefied petroleum gas), kerosene, auto fuels and compressed...
China National Petroleum Corp (CNPC), the country's largest integrated oil and gas company, is in talks with Royal Dutch Shell, a multinational petroleum company of Dutch and British origin, for natural gas exploration in Sichuan Province, sources reported. An official of the energy department of the Sichuan...
PetroChina Tarim Oilfield Co, a subsidiary of China National Petroleum Corp (CNPC), has announced that the natural gas output in Tarim Basin is expected to hit 50 billion cubic meters (cu m) in 2020 because new gas fields were found in the past few months, according to General Manager Wang Zhaoming....
China Gas Holdings Ltd<0384>, which is engaged in sales of gas appliances and coke, as well as financial and securities investment, has teamed up with Chongqing Gas to jointly build an RMB 750-million natural gas pipeline in Chongqing Municipality, sources reported....
PetroChina's<601857><0857><PTR> Sulige gas field, China's largest onshore gas field, had produced 10.44 billion cubic meters (cu m) of natural gas as of Jun. 15, 2009, sources reported. The gas field, located in Ordos Basin, Inner Mongolia Autonomous Region, has a proven reserve of more than 700 billion cu m....
The Exxon Mobil Corporation and Castle Peak Power Company are considering negotiating with PetroChina<601857><0857><PTR> and CNOOC Ltd<0883><CEO> for Hong Kong's natural gas supply, said Wayne Harms, vice president of Exxon Mobil Upstream Ventures, during the 14th Asia Oil And Gas...
China will lend US$3 billion to Turkmenistan for the development of the South Yolotan gas field, a large gas field located in southeast Turkmenistan, sources reported. At the end of this year, Turkmenistan will complete the construction of a 7,000-kilometer gas pipeline linking it to China. The pipeline may begin supplying 40...