Business Wire (Free subscription) | 19/11/2009
IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that it has entered into a formal alliance with Offshore Oil Engineering Corporation Ltd. (COOEC), a subsidiary of China National Offshore Oil Corporation Ltd. (CNOOC), in the pursuit of large offshore oil & gas projects in the Asia-Pacific region including China and Australia. “This alliance reinforces a 10-year...
Maritime News (Free subscription) | 16/11/2009
Qatargas has signed a Memorandum of Understanding (MoU) with China National Offshore Oil Company (CNOOC) for additional long-term supplies of LNG to China. The company also signed a separate MoU with Petrochina International Company Ltd (Petrochina), a wholly owned subsidiary of the Chinese National petroleum Corporation, to supply two million tonnes of LNG per annum to China.
ArabianBusiness.com (Free subscription) | 14/11/2009
Qatargas to supply China's CNOOC with 3m more tonne LNG a year from 2013.
People Daily (Free subscription) | 14/11/2009
China National Offshore Oil Corp. (CNOOC), the country's leading offshore oil producer, has signed an agreement with Qatargas to buy more liquefied natural gas (LNG)from the latter to meet the growing domestic demand, reported Saturday's China Daily. The two parties signed a memorandum of understanding (MOU) on Friday, under which Qatargas will supply an additional 3 million tonnes of LNG annually....
Market Watch (Free subscription) | 13/11/2009
HONG KONG (MarketWatch) -- Hong Kong shares wavered in a range around break-even Friday, with losses in energy producers after a retreat in crude-oil prices countered by buying in banking heavyweight HSBC Holdings Plc. and some Chinese lenders. The Hang Seng Index rose 0.3% to 22,471.49 after opening lower, while the Hang Seng China Enterprises Index added 0.2%. Shares of Cnooc Ltd. dropped 1% and...
PR News Wire (Free subscription) | 12/11/2009
HONG KONG, Nov. 12 /PRNewswire-Asia/ -- CNOOC Limited (the "Company" or "CNOOC Ltd.", NYSE: CEO; SEHK: 0883) announced today that the Floating, Production, Storage and Offloading (FPSO) vessel "Haiyangshiyou 113" shifted from its moorings by strong winds in the Bohai Bay area, has been safely secured. There were no injuries or oil spills.
China Hearsay (Free subscription) | 09/11/2009
China’s CNOOC Ltd has agreed to buy minority stakes in four exploration licenses in the Gulf of Mexico from a Norwegian oil and gas producer, the first time for a Chinese company to tap reserves in the US waters. CNOOC will buy 10 to 20 percent share in the exploration areas from Statoil ASA, the Norwegian [...]
Business Wire (Free subscription) | 06/11/2009
CHICAGO--(BUSINESS WIRE)--Zacks.com releases the latest Industry Outlook. Today, Zacks Equity Research discusses the Oil & Gas Industry, including CNOOC Ltd. (NYSE: CEO), China Petroleum and Chemical Corporation, or Sinopec (NYSE: SNP), Cameron International (NYSE: CAM), Nabors (NYSE: NBR) and Patterson-UTI (Nasdaq: PTEN). A synopsis of today’s Industry Outlook is presented below. The full...
MarketIntelligenceCenter.com (Free subscription) | 06/11/2009
Cnooc (NYSE: CEO) closed yesterday at $156.67. So far the stock has hit a 52-week low of $60.57 and 52-week high of $167.15. Cnooc stock has been showing support around 152.85 and resistance in the 158.73 range. Technical indicators for the stock are Bullish and S&P gives CEO a positive 4 STAR (out of 5) buy rating. CEO appears on the Investors Observer Momentum Plays list. For a hedged play on...
United Conservatives of Virginia (Free subscription) | 06/11/2009
China has no environmental concerns, no EPA, no controls. China buys into U.S. off-shore oil leases. Mark Tapscott, Beltway Confidential "If the administration approves the deal, it will be more vulnerable to charges that the White House is being careless with U.S. national security issues in the energy sector, and that it is putting the interests of a foreign power before those of U.S. energy...
The Business Insider (Free subscription) | 06/11/2009
American markets are drifting ever-so-slightly lower in pre-market action, following yesterday's monster gains. There's no reason for anything too wild until the big jobs number comes out at 8:30. But markets rallied hard overseas, particularly in Asia. WSJ : Hong Kong's Hang Seng Index jumped 1.6% to 21829.72 and Japan's Nikkei 225 Average climbed 0.7% to 9789.35, while China's Shanghai Composite...
People Daily (Free subscription) | 06/11/2009
China's leading offshore oil producer CNOOC Ltd yesterday said it agreed to buy small stakes in oil assets in the Gulf of Mexico from Norway's Statoil, marking its first entry into oil reserves in the gulf. CNOOC Ltd, through its subsidiary, OOGC America Inc, has signed an agreement with StatoilHydro for four prospects in the Gulf of Mexico, namely Tucker, Krakatoa, Logan and Cobra, the company said...
virtualreview: china|blogs (Free subscription) | 05/11/2009
It's official: the U.S. is no longer off limits for Chinese oil companies.
Star Tribune (Free subscription) | 05/11/2009
"We have been very active in acquiring licenses in the Gulf of Mexico the last few years, and we have no tradition of keeping licenses on a 100 percent basis," Aanestad said. "It's rare for us to stay with 100 percent ownership of licenses."
San Fransisco Chronicle (Free subscription) | 05/11/2009
Norwegian oil company Statoil ASA agreed last month to sell part of its interests in the U.S. Gulf of Mexico to the China National Offshore Oil Corporation, a company spokesman said Thursday. Statoil spokesman Ola Morten Aanestad said Statoil and CNOOC signed... China National Offshore Oil Corporation - China - Gulf of Mexico - United States - Business
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