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Iraq cabinet approves BP-CNPC oil deal18-OCT-09
The Iraqi cabinet approved a key deal with Britain's BP and China's CNPC International to almost triple production at a giant southern oilfield, an oil ministry spokesman said today.
ONGC-Hinduja JV loses Iran's oilfield to China co01-OCT-09
In a major setback to India’s oil diplomacy, the ONGC-Hinduja Group alliance has lost the rights to develop Iran’s South Azadegan oilfield to CNPC of China.
ONGC-Hinduja JV loses rights to dev Iran's oilfield to China30-SEP-09
In a major setback to India's oil diplomacy, the ONGC-Hinduja Group alliance has lost the rights to develop Iran's South Azadegan oilfield to CNPC of China.
GAIL may buy stake in China's CNPC08-SEP-09
State-run gas utility GAIL India may take a stake in the $1.95-billion gas pipeline that China is building for ferrying natural gas found off the Myanmar coast.
Repsol's last tango04-JUL-09
Repsol/China: The Chinese are pushing the envelope on oil. In Iraq, China’s Sinopec last month agreed to pay top dollar for Addax Petroleum, a big player in Iraqi Kurdistan. Then CNPC, along with oil major BP, capitulated to Iraq's tough terms to secure the only contract in an eight-field auction. Now, two of China’s biggest oil firms, CNPC and CNOOC, are reportedly discussing a possible deal to buy Repsol’s assets in Argentina for $17 billion.
Goldman Sachs has run-in history with ONGC06-MAR-09
Goldman Sachs' controversial note on corporate governance in Oil and Natural Gas Corp (ONGC) that evoked a strong reaction from the company, is not the first instance of the US investment bank having a run-in with the state-owned firm.
China pips India to sign gas deal with Myanmar30-DEC-08
China has pipped India to sign a 30-year agreement to import natural gas from fields lying in offshore Myanmar where India’s state-owned companies have a 25 per cent stake.
Anurag Viswanath: China plays its Africa card21-SEP-08
The Chinese have mapped out a true sweetheart deal - marrying national economic interests with philanthropic overtones.
RIL bags oil and gas block in Peru19-SEP-08
Reliance Industries has for the first time teamed up with China's China National Petroleum Corporation (CNPC) to win an oil and gas block in Peru in an effort to expand presence in Latin
China's largest gas producer CNPC to cut workforce26-JUL-08
China's largest oil and gas producer, CNPC, plans to cut five per cent of its workforce in the next three years to control costs after its profits plummeted, state media
India bags stake in Russia`s Sakhalin III03-MAY-08

At a time when it is getting tougher to get rights to oil blocks overseas, India has managed to secure a commitment for a 23 per cent stake in Russia's Sakhalin III project located in the Russian far east.

Cabinet nod to OVL`s US firm buy04-AUG-06
The government on Thursday permitted ONGC Videsh Ltd, the overseas arm of the state-run ONGC, to acquire US oil firm Ominex De Columbia jointly with Chinese company China National Petroleum Corp
Global majors seek tie-ups04-APR-06
Reliance Industries (RIL) has been approached by several international industry majors for a strategic tie-up with Reliance Petroleum. RPL is planning to build Rs 27,000 crore refinery in Jamnagar.
China Petro may buy into Reliance refinery31-MAR-06
Reliance spokesperson confirmed that the company was in talks with CNPC.
Govt should keep off Mittal bid: CPM23-FEB-06
The CPI(M) is piqued at the Central governments perceived interest in steel magnate LN Mittals bid for Arcelor.
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