News

China National Petroleum Corp (CNPC) stopped carrying Venezuelan oil in August 2019 after Washington tightened sanctions on the South American exporter. But it continued to find its way to China ...
Cnooc, CNPC and Sinopec, China’s state-owned oil giants, have boosted the nation’s domestic oil production to a record.
Beijing has responded tit for tat in Donald Trump's trade war. In reaction to the steep tariffs, numerous restrictions, and ...
In a strategic move to boost capacity to meet the escalating global demand for high-quality petrochemicals, China Petroleum ...
China National Petroleum Corporation on Tuesday disclosed that it will buy A-shares and H-shares over the next 12 months, with a total investment of up to 5.6 billion yuan (about 777.37 million U ...
Earlier this month, Niger's junta expelled three Chinese oil executives serving as local directors of the West African Oil Pipeline Company, China National Petroleum Corporation, and the joint ...
As domestic petroleum demand nears its peak, the sector is actively forging a modern oil and gas industry that harmonizes ...
Oil production in the world’s largest importer of the commodity hit an all-time high of 4.6 million barrels daily.
As a result, the company is forced to secure resources overseas. It is common practice for China National Petroleum Corporation, or CNPC, PetroChina’s parent, to acquire, develop, and inject ...
Kuwait's Petrochemical Industries Company, a subsidiary of state-owned Kuwait Petroleum Corporation, said on Saturday it has signed an agreement to acquire a 25% stake in China's Wanhua Chemical Group ...
China National Petroleum Corp., the country’s largest oil producer, is nearing an agreement to buy Petrobras assets in Peru for more than 2 billion dollars. The proposed deal may be announced as ...