Tag Archives: China National Offshore Oil Corporation (CNOOC)

The initial long-term LNG SPA was signed in 2008. with an annual contract volume of 1 million tpy for a 15-year period.

China’s refining capacity will grow to 880 million tonnes a year. equivalent to 17.6 million barrels per day. by 2020.

Russia'.s Yamal LNG plant has offered cargoes for winter delivery to Asia.

China is under the pressure to cut oil purchases from Iran.

Sinopec. offshore oil and gas producer CNOOC Ltd and China’s largest oil producer PetroChina will publish their final first-half results in August.

The risk that current trade tensions escalate further is the greatest near-term threat to global growth.

Nigeria remained the largest investment destination for CNOOC.

CNOOC. parent of CNOOC Ltd. is China’s largest operator of LNG import terminals.

ExxonMobil spent about US$24 million with more than 300 local suppliers in 2017.

Gas is increasing in demand as the Chinese government moves to replace coal to combat air pollution.