Resource Global Network

18 Mar Sinopec close in on Chevron’s $1 billion South African assets

Posted at 12:00h in Oil & Gas

China Petroleum and Chemical Corp (Sinopec) is nearing the completion of a deal to buy a majority stake in Chevron’s (NYSE:CVX) South African assets, thought to be worth US$1 billion. The deal would conclude an auction that has lasted for over a year, with the Chinese...

20 Feb China’s CNPC buys $1.8 billion stake in Abu Dhabi oil field

Posted at 10:02h in Oil & Gas

The China National Petroleum Corporation (CNPC) has acquired an 8% share in an Abu Dhabi onshore oil concession, in a deal worth around US$1.8 billion. The operators of the 40-year concession, Abu Dhabi National Oil Company (ADNOC) announced the deal after an agreement was signed by...

02 Sep BP signs 2nd shale gas contract with China’s CNPC

Posted at 10:01h in Oil & Gas

Oil giant BP (LSE:BP) has announced a second production sharing contract (PSC) for shale gas exploration, development and production with China National Petroleum Corporation (CNPC).

CNPC Tag

18 Mar Sinopec close in on Chevron’s $1 billion South African assets

20 Feb China’s CNPC buys $1.8 billion stake in Abu Dhabi oil field

02 Sep BP signs 2nd shale gas contract with China’s CNPC

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