Tarim Oilfield, a major oilfield of PetroChina in northwestern China’s Xinjiang Uygur Autonomous Region will produce 15.7 billion cubic meters of natural gas this year, up 4.7 billion cubic meters year on year, according to an official of Tarim Oilfield.
The oilfield has formed an annual gas transmission capacity of 15 billion cubic meters. Tarim Basin [...]
Norway’s Statoil ASA (STO) will sign its first deal with PetroChina Co. (PTR) to develop an oil field in northeastern China with geological reserves of more than 733 million barrels, an industry person familiar with the deal said Friday.
The deal, which may be signed in late October, will ensure Statoil has a continuing presence in [...]
Warren Buffett’s Berkshire Hathaway Inc. sold PetroChina Co. shares for the fourth time in three months, banking an almost sevenfold gain since the U.S. billionaire first invested in China’s largest oil producer.
Berkshire sold 45.138 million shares at an average HK$11.26 each on Sept. 13, a Hong Kong stock exchange filing today showed. That cut its [...]
China has completed the delivery of 50,000 metric tons of fuel oil to North Korea, a Chinese Foreign Ministry spokesperson said Thursday.
Fuel supplies were a condition for Pyongyang to begin implementing measures as part of the first stage of its denuclearization.
Six nations engaged in protracted talks on North Korea’s nuclear disarmament gathered for a new [...]
Puda Coal, Inc. (OTC Bulletin Board: PUDC) (”Puda Coal” or “the Company”), a leading supplier of China’s high grade metallurgical coking coal used to make coke for the purposes of steel manufacturing, today announced the its Chairman and Chief Executive Officer, Mr. Zhao Ming, has been elected to serve as Vice Chairman of Shanxi Chamber [...]
Japan’s Mitsubishi Heavy Industries is making a full-scale entry into China’s growing market for nuclear power generation as it has won a major order there, the company said Friday.
China’s demand for nuclear power generation is increasing as the booming economy consumes more and more energy but needs to curtail air pollution.
Mitsubishi Heavy Industries Ltd. has [...]
