Wednesday 27 August 2014
 
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CNOOC

Qatargas delivers first LNG cargo to China terminal

Qatargas delivered the first cargo of Liquefied Natural Gas (LNG) to China National Oil Corporation's (CNOOC) Hainan LNG terminal located in the Hainan province, a company statement said on Monday. The cargo arrived on August

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CNOOC profit slides 11.4 per cent

China's top offshore oil producer CNOOC posted a 11.4 per cent slide in its 2013 net profit yesterday, lagging analysts' forecasts, as it struggled to deliver production growth and control costs amid weakening crude prices.

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Canada approves CNOOC-Petronas deals

Canada approved China's biggest foreign takeover, the $15.1 billion bid by CNOOC for energy company Nexen, after the Chinese giant agreed to conditions, but drew a line in the sand against future purchases by state-owned enterprises.

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Aramco, CNOOC eye $2.2bn Frac Tech stake

Saudi Aramco, China Petroleum & Chemical Corp (Sinopec) and CNOOC are in talks to buy up to 30 per cent stake in North American oil and gas services company Frac Tech International in a deal worth about $2.2 billion. Frac Tech has hire

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Total acquires 25pc stake in Qatari block

France's Total has acquired a 25 per cent stake in Qatar's Block BC offshore exploration license, state-owned Qatar Petroleum said in a statement on Sunday. Located 130km east of the Qatari coast, the offshore block covers an area of 5,649

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BP to sell Pan American stake for $7bn

BP said it had agreed to sell its stake in Argentina-based oil and gas group Pan American Energy (PAE) to Bridas Corp, half-owned by China's CNOOC, for $7 billion, as it raises cash to pay for the Gulf oil spill. The planned sale of the 60

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Sinopec, CNOOC in $7bn OGX asset bid

China's Sinopec Group and CNOOC are bidding for stakes in assets owned by Brazilian oil and gas start-up OGX SA in a potential $7 billion deal, sources with direct knowledge of the matter said on Friday. OGX, part of the EBX industrial

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Iraq signs Maysan oilfields deal

Iraq's Oil Ministry signed a final deal with China's CNOOC and state-run Turkish Petroleum Corporation (TPAO) on Monday to develop the 2.5-billion-barrel Maysan oilfield complex.    The deal is the 11th of a series

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Iraq to sign oilfield deal with CNOOC, TPAO

Iraq plans to sign a final deal with China's CNOOC and state-run Turkish Petroleum Corporation (TPAO) to develop the 2.5-bilion-barrel Maysan oilfield complex on Monday, a senior oil official said. China's Sinochem is no longer a part of t

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Iraq-China firms sign deal for Maysan fields

Iraq has signed an initial deal with China's CNOOC and Sinochem to develop the 2.5-billion-barrel Maysan oilfield complex, Oil Minister Hussain Al-Shahristani told Reuters on Sunday. A final deal with both companies will be signed in t

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