Liu Weijiang News
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China National Petroleum Corp., the nation’s biggest oil company, is in talks with Eni SpA for a stake in a gas project in Mozambique valued at as much as $4 billion, according to two people with knowledge of the matter.
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Hugo Chavez leaves his successor the task of reviving Venezuela’s oil fields after the late president’s policies of limiting investment and expelling U.S. drillers reduced production by 13 percent over the past decade.
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China National Petroleum Corp., the country’s biggest oil producer, said it has agreed to increase imports of crude oil from Abu Dhabi starting in 2014.
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Microsoft Corp. asked China to stop the alleged use of pirated versions of its Office software by China National Petroleum Corp. and three other state-owned companies, three people familiar with the situation said.
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PetroChina Co., the nation’s biggest energy producer, denied a report by a news service owned by the Financial Times that the company is considering buying Hong Kong-listed China Gas Holdings Ltd.
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China signed an agreement to increase natural-gas supplies from Turkmenistan even as it continues negotiations with Russia’s OAO Gazprom, the world’s biggest producer, to buy the fuel.
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A patent dispute between Actavis Group HF and Paris-based Sanofi over a drug to treat diabetes and hypertension was referred to a European Union court by a London judge.
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China National Petroleum Corp., the country’s biggest energy company, agreed to acquire a 35 percent stake in Royal Dutch Shell Plc ’s oil and gas unit in Syria in a deal an analyst said may be worth $1.5 billion.
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China National Petroleum Corp. lost hundreds of millions of yuan on liquefied natural gas imports to help meet the country’s winter fuel demand, China Business News reported , citing a company official based at an LNG terminal.
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China National Petroleum Corp., the country’s biggest energy producer, offered to buy a stake in Woodside Petroleum Ltd.’s Browse liquefied natural gas project in Australia, two people with knowledge of the matter said.
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