Posts Tagged ‘China National Petroleum Company’

One Day – One Country: Canada

Canada Key Projects and Business Highlights  The projects and acquisitions announced on first half 2013 by the international oil companies (IOCs) such as Apache, BG Group (BG) , Chevron, ExxonMobil, Idemitsu, Shell or TransCanada, and by national oil companies (NOCs) such as China National Petroleum Company (CNPC or PetroChina) or Petronas confirm the strategic […]

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PetroChina to take stake in Ecuador Refineria del Pacifico project

CNPC to join Petroecuador in Ecuador Refinery project The giant China National Petroleum Company (CNPC or PetroChina) is currently in discussion with the national oil companies (NOCs) Petroecuador and Petroleos de Venezuela SA (PDVSA) to take a stake in the Ecuador Refineria del Pacifico project. With a production of 500,000 […]

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Shell and PetroChina to split Australia Arrow LNG project into two phases

Shell to start upstream and postpone LNG Trains Since November 2012, the Anglo-Dutch international company, Shell, and China National Petroleum Company (CNPC or PetroChina) multiplied announcements to reconsider their Arrow LNG project in the Queensland in eastern Australia. Shell and PetroChina wholly own the Arrow LNG project through a 50/50 joint venture […]

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PetroChina to increase stake in Canada shale gas

CNPC to take $2.2 billion stake in Encana Duvernay The China National Petroleum Company (CNPC or PetroChina) speeds up acquisitions of interests in Canada with the $2.2 billion offered to the local Encana for stake in the Duvernay oil sand project. According to the deal reached between the parties, PetroChina will […]

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BP and Petrochina prepare multiple scenarios on Iraq giant Rumaila

BP and CNPC ramped up oil production 10% per year  In June 2009, the international oil company BP and the China National Petroleum Company (CNPC or PetroChina) were awarded the technical services contract (TSC) for the giant Rumaila oil field in the south of Iraq, closed to the Kuwait border. BP […]

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PetroChina selects WorleyParsons for MacKay River and Dover projects

PetroChina to secure its oil supply chain  from Athabasca Fort McMurray to Kitimat, BC Step by step the China National Petroleum Company (CNPC or PetroChina), is putting in place all the pieces of its upstream puzzle from Athabasca, Alberta oil sands fields to Kitimat, BC. In 2011, PetroChina payed $1.9 billion […]

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