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Industrial Info Resources: CNOOC to Invest $29.4 Billion Over 10 Years to Exploit Oil and Gas in South China Sea, an Industrial Info News Alert

BEIJING (MARKET WIRE) Researched by Industrial Info Resources (Sugar Land, Texas) -- CNOOC Limited (NYSE: CEO) (Beijing), a flagship of China National Offshore Oil Corporation (Beijing), will invest about $29.4 billion to exploit oil and gas in the South China Sea. Investors in the project include Devon Energy Corporation (NYSE: DVN) (Oklahoma City, Oklahoma), Anadarko Petroleum Corporation (NYSE:...

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Oil groups expect $40 barrel – CNOOC head

http://www.ft.com/cms/s/0/a7aae3a0-b5ad-11dd-ab71-0000779fd18c.html Oil groups expect $40 barrel – CNOOC head By Alan Beattie in Barcelona Published: November 18 2008 The world’s national oil companies expect oil prices to fall further and will cancel most planned investment projects even at current levels, according to the head of a Chinese state-owned group. A recent meeting of the national oil companies...

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Cnooc in talks with Anadarko on South China Sea block:Report

HONG KONG (MarketWatch) -- Chinese oil major Cnooc is in talks with Anadarko Petroleum Corp. to farm into an exploration block in the South China Sea currently being developed by the U.S. oil firm, according to a report Wednesday. Dow Jones Newswires reported that the talks mark a departure from its strategy for Cnooc, which previously waited until a commercial oil or gas discovery was made before...

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Cnooc Plans $29 Billion South China Sea Exploration (Update1)

China, the world's second-biggest oil user, is expediting projects including nuclear power plants, gas pipelines and oil refineries to help stimulate the domestic economy and meet future energy demand. The country will overtake the U.S. as the world's biggest oil and gas consumer in about five years, Royal Dutch Shell Plc said in September.

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Industrial Info Resources: CNOOC Begins Construction of 800,000-Ton Methanol Project in Hainan, an Industrial Info News Alert

BEIJING (MARKET WIRE) Researched by Industrial Info Resources (Sugar Land, Texas) -- After three years of planning and preparations, China National Offshore Oil Corporation (NYSE: CEO) (CNOOC) (Beijing) has begun construction of a $147 million, 800,000-ton-per-year methanol project in Dongfang Chemical City in Hainan province.

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My del.icio.us bookmarks for November 19th

These are my links for November 19th: Democrats Gain as Stevens Loses His Senate Race - NYTimes.com - Fantastic. I do like it when corrupt politicians get their comeuppance. Especially in Alaska FT.com / World - Oil groups expect $40 barrel – CNOOC head - We can't afford oil to be this cheap: it's too darned scarce to give [...]

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CNOOC chief expects $40 oil price By Alan Beattie

CNOOC chief expects $40 oil price By Alan Beattie in Barcelona and Carola Hoyos in London Published: November 19 2008 02:00 | Last updated: November 19 2008 02:00 The world's national oil companies expect oil prices to fall further and will cancel most planned investment projects even at current levels, says the head of a Chinese state-owned group. A recent meeting of the national oil companies in...

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Oil Groups Expect $40 Barrel – CNOOC Head

From The Financial Times: The world’s national oil companies expect oil prices to fall further and will cancel most planned investment projects even at current levels, according to the head of a Chinese state-owned group. A recent meeting of the national oil companies in Beijing had predicted oil prices would fall to about $40 a barrel, Fu Chengyu, chief executive of China National Offshore Oil Corporation,...

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Financial News: Oil groups expect $40 barrel – CNOOC head

The world's national oil companies expect oil prices to fall further and will cancel most planned investment projects even at current levels, according to the head of a Chinese state-owned group.A recent meeting of the national oil companies in Beij

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4-Star Stocks Poised to Pop: CNOOC

Market-trouncing returns could be written in this 4-Star.

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China's Silk Road to Energy Security

CNOOC is growing into a global energy powerhouse.

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Asis Markets 10/30/2008 Big Rally (PTR)

Market in Asia rose sharply. The Nikkei was up 10% to 9,030. Kyocera and Mitsubishi Corp rose sharply. The Hang Seng rose 10.3% to 14,005. CNOOC rose by double... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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China’s CNOOC announces oil, gas output rise 15.2% for Q3

BEIJING, Oct. 28 (Xinhua) — China National Offshore Oil Company Limited (CNOOC Ltd.) announced Tuesday that its net oil and gas output in the third quarter of 2008 rose by 15.2 percent over the same period last year. The state-owned offshore oil producer said that its unaudited total revenue was 30.9 billion [...]

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Hong Kong stock market extends gains after huge rally; CNOOC up 10 percent

The blue-chip Hang Seng Index closed up 105.78 points, or 0.8 percent, at 12,702.07, building on Tuesday's spectacular 14.4 rise — the biggest percentage gain in nearly 11 years. The index is down 54.7 percent so far this year, hammered by the unfolding global financial crisis.

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Asia Markets 10/29/2008

Markets in Asia were mixed The Nikkei rose 7.7% to 8,212. The Hang Seng was up 1.5% to 12,786. CNOOC rose and HSBC (HBC) fell sharply. The Shanghai Composite... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]