Asia

Asia

China’s CNPC quits flagship Iran gas project as sanctions bite

07/10/2019

China National Petroleum Corp. is no longer a partner in Iran’s biggest natural gas project, and the Persian Gulf nation will develop Phase 11 of the giant South Pars field on its own, Oil Minister Bijan Namdar Zanganeh said, according to the ministry’s Shana news service.

Asia

CMS: China – protecting your IP

06/08/2019

China is a significant potential market for oil and gas service companies. As oil and gas equipment becomes increasingly sophisticated, companies will own more valuable intellectual property (IP).

Asia

Reliance, Aramco talks on refinery stake sale ‘stall’

24/07/2019

Indian billionaire Mukesh Ambani’s Reliance Industries Ltd.’s talks to sell a minority stake in its refinery business to Saudi Arabian Oil Co. have stalled on differences over the deal’s structure, people with knowledge of the matter said.

Asia

Dozens injured in brawl at Kazakh oilfield

01/07/2019

A brawl between Kazakh workers and their Arab colleagues in one of Kazakhstan's largest oil fields has left 30 people injured and led to an outcry in Lebanon and Jordan.

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