A joint venture owned by ExxonMobil, Eni and CNPC has submitted a development plan for the first phase of the Rovuma LNG project off Mozambique.
President Donald Trump’s decision to reimpose sanctions on Iran threatens to tighten global oil markets and could derail tens of billions of dollars in business deals.
The head of China’s largest natural gas importer believes the country’s energy ties with the U.S. are set to deepen, despite trade conflict between the world’s two largest economies that has roiled financial markets.
China’s CNPC is ready to step in if Total decides to exit its Iranian projects to comply with US sanctions, a news report said.
Italian energy company Eni has signed a pact on oil and gas exploration and production opportunities with the China National Petroleum Corporation (CNPC).
Shell has found a buyer for a chain of Argentine gas stations worth more than $1billion, a news report said.
China National Petroleum Company (CNPC) said it will reduce its staff at its headquarters in Beijing by 20%.
French firm Total has signed a preliminary agreement with Iran for the development of one of the world’s biggest gas fields.
China's top energy group China National Petroleum Corp (CNPC) has approved plans to restructure its oilfield services business.
China National Petroleum Corp., the country’s biggest oil and gas producer and the parent of PetroChina Co., said profit fell 52 percent as lower oil prices punished global explorers.
PetroChina , China's biggest oil and gas producer, reported a 70 percent slump in its full-year 2015 profit, with earnings upstream and in the marketing segment both taking a hit from lower prices.
Oil major Chevron and PetroChina started production from an onshore gas field at the end of 2015 after years of delays. The Luojiazhai field has an annual production capacity of three billion cubic metres of gas.
Gazprom Neft has signed a three-year memorandum of understanding with China’s CNPC.
The Libra consortium has confirmed the presence of a hydrocarbon column approximately 200 metres deep in reservoirs 220km offshore from the city of Rio de Janeiro. Informally known as C1, the well is located in the Santos Basin.