Category Archives: China

Chevron Announces First Gas from the Chuandongbei Project in Southwest China

SAN RAMON, Calif., Jan. 26, 2016 –Chevron Corporation (NYSE: CVX) announced today that its fully-owned subsidiary Unocal East China Sea, Ltd. began natural gas production from the first stage of the Chuandongbei Project in southwest China. Chuandongbei is one of … Continue reading

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BP drops China refinery plan as fuel demand growth slows

Thu, Jan 30 2014 By Chen Aizhu and Judy Hua BEIJING (Reuters) – BP is dropping plans to invest in a refinery in China, three sources with direct knowledge said, the fourth refining project in recent months to fall foul … Continue reading

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Singapore, Malaysia Offshore Services Sector Outlook

Thursday, December 12, 2013 by  Cheang Chee Yew|Rigzone Staff Sentiment among established offshore oil and gas services companies in Singapore may be improving after being pressured over the past year by intense competition from North Asia, especially China, where excess … Continue reading

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Chevron’s $6.4 bln China gas project pushed back again-sources

REUTERS, BY CHEN AIZHU BEIJING Fri Dec 6, 2013 12:57pm IST Dec 6 (Reuters) – A $6.4 billion gas project being built by Chevron in China is facing further delays due to disagreements with partner PetroChina over how to develop the … Continue reading

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ConocoPhillips Announces 2014 Capital Budget of $16.7 Billion and Affirms Production Growth Target

PRESS RELEASE December 6, 2013 HOUSTON – ConocoPhillips (NYSE: COP) today announced a 2014 capital expenditures budget of $16.7 billion for continuing operations. Investments during 2014 will target the company’s diverse portfolio of global opportunities. Approximately 55 percent of the … Continue reading

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Newfield Exploration to exit Malaysia in US$898mil deal

Published: Wednesday October 23, 2013 MYT 7:19:00 AM Updated: Wednesday October 23, 2013 MYT 8:49:28 AM   Newfield Exploration Co said it would sell its interests in Malaysia for $898 million as part of its plan to concentrate on its … Continue reading

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ARCHIVE: Shell updates Changbei, other projects in China

HOUSTON, July 25 07/25/2012 By Alan Petzet Chief Editor By OGJ editors Shell and China National Petroleum Corp. have amended the production sharing contract that covers the 1,693 sq km Changbei tight gas block in China’s Ordos basin to cover an … Continue reading

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