CNOOC Limited inks petroleum contract with PetroChina Company

The Beijing-based CNOOC Limited, which is major subsidiary of China National Offshore Oil Corporation, has made it to the headlines with the announcement of a contract between its subsidiary and PetroChina Company Limited. Apparently, CNOOC China Limited (the subsidiary) has recently entered into a contract …

ExxonMobil inks long-term deal with Zhejiang Energy for LNG supply

ExxonMobil and Zhejiang Energy aim to develop a major LNG gateway in China’s Ningbo-Zhoushan region ExxonMobil has recently announced that it has entered into a sales & purchase agreement with Zhejiang Provincial Energy Group for the supply of liquefied natural gas (LNG). Under this agreement, …