Woodside signs LNG deal with CPC

Woodside Petroleum Ltd., Australia’s largest oil and gas producer, said yesterday it has signed a liquefied natural gas (LNG) key terms agreement with Taiwan’s CPC Corp.
Under the agreement, Woodside will sell 2-3 million tons of LNG a year from its Browse LNG project off Western Australia for a period of between 15-20 years, the Perth-based [...]

PetroChina Delivers 35,000 Tons of Imported Diesel to S.China

PetroChina Co Ltd, the country’s top oil and gas producer, delivered 35,000 tons of imported diesel on Nov 17 to the southern China market to ease fuel shortages in the region, parent China National Petroleum Corp said.
An additional 70,000 tons of imported diesel will be delivered before the end of the month, the company said.

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Refiner takes actions to ease fuel crunch

China’s top oil refiner yesterday said it will cut refined oil product exports and increase crude oil imports to “ensure a stable fuel supply in the domestic market first,” as oil shortages and rationing continue across the country.
China Petroleum & Chemical Corporation, which is also known as Sinopec, unveiled a 10-step program including near-record diesel [...]

PetroChina eyes third west-eAst gas pipeline -source

China’s top oil and gas firm, PetroChina (PTR.N: Quote, Profile, Research)(0857.HK: Quote, Profile, Research), is drafting plans for a third west-east pipeline to carry Russian and domestic gas to the country’s booming east, a company source said.
The plans are in a preliminary stage, with no on-site investigations yet carried out, but they envisage a route [...]

PetroChina delivers 35,000 tons of imported diesel to southern

PetroChina Co Ltd (SHA 601857; HK 0857), the country’s top oil and gas producer, delivered 35,000 tons of imported diesel on Nov 17 to the southern China market to ease fuel shortages in the region, parent China National Petroleum Corp said.
An additional 70,000 tons of imported diesel will be delivered before the end of the [...]

PetroChina lifts Sulige potential

The PetroChina-operated Sulige gas field in northern China’s Inner Mongolia region is expected to have production capacity of 4 billion cubic metres by the end of the year as more wells come on stream, PetroChina parent China National Petroleum Corporation (CNPC) said.
The Sulige field had gas output of 270 million cubic metres in 2006 and [...]