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China Oil Fields News. Service for global professionals. Constantly updated news and information about China.
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  • The Asian roulette - Part III 14 Nov 2009 11:55 GMT
    ... THE RATIONALE for invading Iraq in response to 9/11 ... customers as part of its production from oil fields in the Iraq-Saudi Arabian neutral zone and ... south East Asia would comprise only of china and its allies. ...

  • Dutch town wary of carbon storage plan 14 Nov 2009 07:11 GMT
    ... A quick survey of carbon capture projects and efforts around ... miles to Canada and injected into near-empty oil fields to help pump out remaining oil. • ... • permits. • The U.S., Australia, Canada, China, Brazil, Poland, France, Spain, South Africa and ...

  • The Choice Ahead: Entrenched Fossil Fuel Dependence Or Climate Change Management 13 Nov 2009 18:18 GMT
    ... the war was borrowed (most notably from Chinese institutions), ultimately American taxpayers will be responsible ... in the war, southern Iraq's giant Rumaila oil field, was finally awarded on November third with ... successful bidders for it were BP and China National Petroleum Corporation (CNPC) and the second ...

  • Ghana says 50 firms interested in Jubilee 13 Nov 2009 15:26 GMT
    ... - Some 50 international oil companies including Chinese firms have expressed interest in exploration of ... interest in exploration of Ghana's giant Jubilee oil field, Deputy Energy Minister Kwabena Donkor said on ... are a number of Chinese companies -- China is the single largest investor in the ...

  • Rebuilding Its Economy, Iraq Shuns U.S. Businesses 13 Nov 2009 10:35 GMT
    ... until last week that the first major oil field exploitation contract was signed with a foreign company ... — BP, in a joint deal with China’s state-run China National Petroleum Corporation. Exxon Mobil, ...

  • Iraq plan for 12 mln bpd oil output 'crazy' -Total 13 Nov 2009 17:15 GMT
    ... was skeptical about the success of further oil field bidding rounds in Iraq after a first round ... is an agreement under which BP and China National Petroleum Corp (CNPC) plan to further develop ...

  • One to Watch: Competent operator 13 Nov 2009 00:52 GMT
    ... development of the 60 mmbbl+ Khurbet East oil field on Block 26, in north-east Syria. This ... acquisition of Emerald Energy. We believe the Chinese national oil company sees substantial new opportunity on ...

  • Asian Roulette - Part II 13 Nov 2009 06:35 GMT
    ... it a new powerful alliance challenging American, Chinese and Saudi Arabian and their respective allies erstwhile ... slant-drilling across the border into Iraq's Rumaila oil field and it also was accused by Iraq ...

  • How Carbon Bill Would Hit Valero Energy 13 Nov 2009 05:59 GMT
    ... One problem with this analysis: It's motorists who will ... capacity. Valero, which owns no gas or oil fields, lost $500 million in the third quarter ... regulations, in India, Saudi Arabia, Vietnam and China. Though imported gasoline would be subject to ...

  • China's growing thirst for African oil 9 Nov 2009 03:11 GMT
    ... China not courting Africa only for energy: Wen ... Nigeria and is negotiating for stakes in oil fields in Ghana and Angola and companies that ...

  • Brazil subsalt oil receives Chinese funds 9 Nov 2009 03:11 GMT
    ... disclaimer: image is for illustration purposes only Rio ... received a $10 billion cash boost from China at the same time as the Chinese ... control on its reserves. Development of the oil fields could entail investment of up to $400 ...

  • Harbin Electric: Roth Capital Conference Presentation Transcript 11 Nov 2009 10:06 GMT
    ... create a platform to empower medium sized Chinese entities to effectively compete in the global ... global economy. As your direct link to China, our organization serves as a vehicle to ... We are expanding our activity in the oil field services, pumps and land rig business. In fact, ...

  • Gold and Crude Oil, Two MUST-OWN Investments! 10 Nov 2009 22:15 GMT
    ... China is in the process of cornering a ... the next decade as the number of Chinese joining the ranks of the middle-class swells. ... almost a quarter of Africa’s largest offshore oil field, Ghana’s Jubilee field. In March, Sinopec made ...

  • Two MUST-OWN Investments! 9 Nov 2009 19:32 GMT
    ... China is in the process of cornering a ... the next decade as the number of Chinese joining the ranks of the middle-class swells. ... almost a quarter of Africa's largest offshore oil field, Ghana's Jubilee field. In March, Sinopec made ...

  • Harbin Electric Reports Record Quarterly Revenues and Operating Income in the Third Quarter 2009 (PRN) 10 Nov 2009 11:30 GMT
    ... electric motors in the People's Republic of China, today announced its third quarter 2009 financial ... higher sales of oil pumps to Daping Oil Field, with 259 units sold compared to 64 ... the industrialization and technology transformation of the Chinese manufacturing sector. To learn more about could ...


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Markets

Exchange Rates:

Chinese Renminbi:
USD 1 = CNY 6.8263
EUR 1 = CNY 10.1730

Hong Kong Dollar:
USD 1 = HKD 7.7502
EUR 1 = HKD 11.5499

Macau Pataca:
USD 1 = MOP 7.9786
EUR 1 = MOP 11.8903

Taiwan Dollar:
USD 1 = TWD 32.1990
EUR 1 = TWD 47.9852

USD 1 = EUR 0.6710
EUR 1 = USD 1.4903

Closing Stocks:
Shanghai A: 3,343.23(0.42%)
Shenzhen A: 1,209.29(0.87%)
Hang Seng: 22,553.63(0.70%)
Taiwan Taiex: 7,665.63(-0.07%)

Country Info About China

Visit the World Factbook for detailed information about China.
 

This Day in History

Nov. 14

President Clinton held one-on-one meetings in Indonesia with the leaders of China, Japan and South Korea, winning pledges to keep the pressure on North Korea to freeze its nuclear weapons program.
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