China Directs Record Crude Imports to Boosting its Fuel Exports

• Wednesday, 27th January 2016
• by Egypt Oil & Gas

China, the world's second largest oil consumer, has filed a record high crude imports of nearly 9% in 2015, enlarging its domestic reserves, while projecting to increase exports of refined oil products, as its domest ...

China Oil Major Sells its Trans-Asia Gas Pipeline Assets

• Wednesday, 30th December 2015
• by Egypt Oil & Gas

China National Petroleum Corporation (CNPC), the country's biggest oil company has sold 50% of its interest in the Trans-Asia Gas Pipeline Co. for $2.3-2.4b, far below the market price, to China Reform Holdings Corpo ...

CNPC Oil Deal Offsets Price Drop in Chad

• Thursday, 30th April 2015
• by Egypt Oil & Gas

Chad will receive a larger share of royalties in a new deal with China National Petroleum Corp., helping offset revenue losses from lower oil prices, Petroleum Minister Djerassem Le Bemadjiel said.

Adnoc signs CNPC deal

• Thursday, 19th January 2012
• by Egypt Oil & Gas

United Arab Emirates-owned Abu Dhabi National Oil Company has signed a deal with China National Petroleum Corporation to collaborate in upstream projects in undeveloped areas.

CNPC evacuates Libya employees

• Thursday, 24th February 2011
• by Egypt Oil & Gas

China National Petroleum Corporation (CNPC) has evacuated 47 of its 391 Chinese employees in Libya because of political turmoil, according to a company newspaper.