PetroChina | Egypt Oil & Gas - Part 2

China’s Sinopec Signs Crude Supply Deal with Kuwait for 2019

Chinese oil major Sinopec has signed a 2019 annual deal to purchase crude oil from the Kuwait Petroleum Corp (KPC) on October 8.

PetroChina Signs Supply Agreements with Saudi Aramco and KPC

PetroChina signed 2019 crude supply agreements with Saudi Aramco and Kuwait Petroleum Corporation at the China International Import Expo in Shanghai.

CNCP Buys Stakes in Abu Dhabi Concessions for $1.18B

China National Petroleum Corporation has bought two stakes in Abu Dhabi's offshore fields worth $1.18 billion from the Abu Dhabi National Oil Company.

Iraq Starts Final Phase of Halfaya’s Expansion

The third and final phase of work to expand southern Halfaya oil field is part of Iraq's plan to double the field's capacity to 400,000b/d by 2018.

Iraq’s Rumaila Oilfield Produced 3b Barrels

The Rumaila Operating Organization (ROO), composed of BP, PetroChina and the South Oil Company of Iraq, announced that the Rumaila oilfield has produced 3b barrels of oil since the joint venture began operating in Ja ...

Iraq to Double Halfaya Oil Output

Iraq expects to double output at the southern Halfaya oilfield, to reach its planned maximum of 400,000b/d in 2018.

China to Sell $9.45b Stakes in Gas Pipeline

China Petroleum & Chemical Corporation (Sinopec), the second-largest oil and gas group in the country, plans to sell 50% of its premium Sichuan-East China natural gas pipeline business to investors.

Exxon, Petrochina to Develop Iraq’s Oil Fields

ExxonMobil and Petrochina are in talks with the Iraqi government about possible solutions to boost crude production at the Nahran Oman and Artawi fields, said Iraqi Deputy Oil Minister, Fayyad Al-Nima.

Egypt Negotiates LNG Imports

The Egyptian government is in negotiations with the states, that are involved in a joint-cooperation agreement with Egypt and own LNG companies, to supply Egypt’s LNG requirements for two years.

China’s Crude Oil Output Slips in First Half of 2016

According to the National Development and Reform Commission (NDRC), China’s crude oil output dropped by 4.8% year-on-year –to 100.45m tons in H1 of 2016.

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