Mao Zefeng

PetroChina to Seek Greater Cooperation With Exxon, BP, Shell

PetroChina Co., the country’s biggest oil and gas producer, will seek to increase cooperation with companies including Exxon Mobil Corp., BP Plc and Royal Dutch Shell Plc as it looks to add overseas resources.

PetroChina Drops WestSide Offer in ‘Difficult’ Australian Market

PetroChina Co., Asia’s biggest oil and gas producer, dropped a bid to acquire WestSide Corp. as a strong Australian dollar and rising costs discourage resources projects in the country, the Brisbane-based explorer said.

CNPC Said in Talks to Buy Brazil’s Barra for $2 Billion

China National Petroleum Corp., China’s largest oil producer, is in talks to acquire Barra Energia Petroleo e Gas, a Brazilian oil startup, for about $2 billion, people with knowledge of the matter said.

China Premier Li Flies to Quake Zone as Death Toll Jumps

China’s Premier Li Keqiang flew to the southwestern province of Sichuan to oversee relief work as the death toll from yesterday’s earthquake climbed to 179 and officials struggled to help 1.5 million people affected by it.

PetroChina Looks to Add to $3.7 Billion in Australian Deals

PetroChina Co., the nation’s biggest oil and gas producer, is looking to make more deals in Australia, adding to about $3.7 billion in acquisitions as part of a global drive to feed surging Chinese demand.

China's Dalian Oil Spill May Delay 2-3 Shipments of Soy, Yigu's Feng Says

An oil spill at China’s northeast port city of Dalian may delay the offloading of two-to-three cargoes of soybeans, said Feng Lichen, a manager at Yigu Information Consulting Ltd.

China Yellow Sea Oil Spill May Be Cleaned in 5 Days

An oil spill caused by pipeline blasts at a terminal of China’s Dalian port may be cleaned up this week, allowing the country’s largest crude-oil terminal to resume receiving supplies for two PetroChina Co. refineries.

Grain Market Impact of China's Oil Spill to Be `Minimal,' Shanghai JC Says

China’s grain market will be well supplied from inventories and rerouting of shipments as the clean-up of the Dalian oil spill keeps the port closed for as many as 10 days, said an analyst at Shanghai JC Intelligence Co.

PetroChina Profit Squeeze Erodes Ratings Helping Putin

PetroChina Co. is losing the support of analysts who say earnings growth at Asia’s biggest oil producer is stunted by its unprofitable natural-gas imports.

PetroChina Pays $1.2 Billion to Form Encana Joint Venture

PetroChina Co. agreed to pay Encana Corp. C$1.18 billion ($1.2 billion) for a 49.9 percent stake in an Alberta shale formation as Asia’s biggest oil producer steps up acquisitions of overseas oil and gas assets.

"As one of the key markets in our Asia and Pacific operations, PetroChina is willing to expand our presence in Australia when a good opportunity arises."

- Mao Zefeng on Mar 10, 2013

China

Australia

Hong Kong

Asia

Japan Stocks Fall as Nikkei 225 Enters Bear Market on Yen

Yen Surges Past 94 Per Dollar on Japan Flow Data, Growth Concern

China Stocks Fall to 6-Month Low After Holiday on Economy

Global Stocks Slide as World Bank Pares Outlook; Yen Up

Danger Maps Backed by Alibaba Pinpoint Chinese Pollution