Sudan in Talks with China to Develop its First Gas Pipeline

• Sunday, 28th February 2016
• by Egypt Oil & Gas

Sudanese Oil Minister, Mohamed Zayed Awad, held discussions with officials from the state-owned China National Petroleum Corporation (CNPC) to build the first gas pipeline in Sudan and to develop crude and gas industr...

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 d...

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 ...

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. Lawmakers in the ce...

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 will conduct technical and economic ...

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. Reuters reports the PetroChina parent said in a compan...