Market intelligence, trend analysis and forecasts for the Oil and Gas industries across the regions

Industry / China

News In Brief: PetroChina Completes SPC Takeover

September 2009 | Company Brief

News: Chinese oil and gas company PetroChina International (Singapore), a unit of PetroChina, has bought oil and gas company Singapore Petroleum Company (SPC) in a deal worth SGD1.65bn (US$1.15bn).

To read the full article, please choose one of the following options:

Subcribers please log in

Related Insight Articles
CNC Deepwater Sale Offers Foothold In High-Potential Acreage

Finance / China CNC has opened new deepwater acreage to foreign cooperation, creating a rare opportunity for foreign players to enter the Chinese upstream. The move also highlights CNC's desire to unlock the vast potential...
May 2011
CNPC Raises Output Targets To Insulate Country From Supply-Side Shocks

Industry / China China National Petroleum Corporation (CNPC)'s listed arm PetroChina has said that it plans to produce 3.16bn barrels of oil equivalent (boe) by 2015, almost double current levels.
May 2011
Wave Of Closures Ahead As Rules Tighten For Independent Refiners

Industry / China China's highest planning agency, the National Development and Reform Commission (NDRC), has broadened its plans to close smaller refineries, extending the cull to plants with a capacity of up to 40,000...
May 2011
Inauspicious Start To Shale Gas Industry Launch

Industry / China China's decision to delay its first shale gas licensing round and back away from earlier moves to open the round to greater competition marks an inauspicious start to the country's efforts to launch a...
April 2011
Sinopec Halts Exports Amid Domestic Demand Crunch

Industry / China Chinese state-run refiner Sinopec has announced that it has stopped all exports of fuel in order to help guarantee supplies to the domestic market, citing increasing pressure on fuel supply.
April 2011


All material on this site is protected by international copyright laws and use of this site is subject to our Terms & Conditions.
© 2012 Business Monitor International Ltd
Site powered by WORKSsitebuilder CMS