Via Energy Tribune, an article on China’s oil & gas pipeline project in Myanmar: China’s oil and gas pipeline in Myanmar is making progress and projected for completion by mid 2013. Yet all is not well for the Middle Kingdom with its long-time ally Myanmar. Despite spending billions on the pipeline and trying to appease […]
Read more »Via The Diplomat, analysis of the growing energy ties between China and India: On June 19, 2012 India’s Oil and Natural Gas Corp. (ONGC) and the China National Petroleum Corp. (CNPC) signed a Memorandum of Understanding (MoU). The MoU is intended to strengthen existing exploration and production (E&P) operations in Burma, Sudan, and Syria, and […]
Read more »Via The Globe and Mail, a report that CNPC, the Chinese energy company, is poised to win the first oilfield to be tendered in Afghanistan since the U.S. ousted the Taliban in revenge for sheltering Osama bin Laden a decade ago. As the article notes: “…China’s push into Afghanistan is part of a broader drive […]
Read more »Courtesy of The Financial Times, an interesting look at how China’s oil groups are ready for more deals: Sinopec reported a 12 per cent rise in net profit, to Rmb41bn, in the first half of the year, beating analysts’ expectations Solid first-half profits at China’s state-owned oil companies have paved the way for further […]
Read more »Via Fortune, a report on increasing size and impact of China’s NOCs: “…You know the major players in big oil — Shell (RDSA), Exxon Mobil (XOM, Fortune 500), BP (BP), Chevron (CVX, Fortune 500) and a handful of other fuel goliaths. Soon though, it might be time to add China to that list. The country’s […]
Read more »Via Abu Dhabi’s The National, an interesting look at India’s efforts to keep up with China’s overseas petroleum acquisition activities. As the article notes: “…The elephant appears to be trailing the dragon through the jungles of the oil world. The state-owned Indian Oil Corporation is in talks to acquire Gulfsands Petroleum, a UK company active […]
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