China

Turkmenistan has made a large new gas condensate discovery in the Karakum desert, according to a report in Reuters quoting state-run news agency Turkmen Khabarlary.

China Petroleum & Chemical Corporation (Sinopec) has made an approach to UK-listed Imperial Energy.

State-owned China National Petroleum Corporation (CNPC), China's largest integrated oil and gas company, has announced that it will cut its workforce by 5% over three years.

On May 11 2008, China and Venezuela agreed to build a new refinery in China's southern province of Guangdong. It was said that the refinery would be equipped to process heavy oil... 2008-07-25

China's Citic Resources Holdings is considering making a US$10bn bid for Australian producer Origin Energy's coal bed methane (CBM) assets, according to a report in the South... 2008-07-24

China has told US major ExxonMobil to withdraw from an exploration deal with Vietnam in the South China Sea, claiming that the blocks under contract are in Chinese waters and therefore... 2008-07-22

China Oilfield Services Ltd (COSL), the offshore oil services arm of China National Offshore Oil Corporation (CNC), has agreed to buy Norwegian driller Awilco Offshore in a deal... 2008-07-07

China National Offshore Oil Corporation (CNC) will reportedly extend an invitation to Brazilian state-owned company Petróleo Brasileiro (Petrobras) to help it develop China's offshore... 2008-07-04

China National Offshore Oil Corporation (CNC) has signed an agreement with Qatargas to buy 2.2mn tonnes per annum (tpa) of liquefied natural gas (LNG) for 25 years.

China has started constructing its first coal bed methane (CBM) pipeline, which will have a capacity of 3bn cubic metres (bcm) of CBM per year.