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China Oil Fields News. Service for global professionals. Constantly updated news and information about China.
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  • Iraq inks tentative deal with China''s CNPC led consortium to develop oil field (ML-Iraq-Oil) 22 Dec 2009 16:27 GMT
    ... Iraq inks tentative deal with China''s CNPC led consortium to develop oil field (ML-Iraq-Oil) BAGHDAD _ Iraq inked a preliminary ... offered 15 of the country´s most lucrative oil fields for development. The consortium plans to raise ...

  • U.S. Companies Shut Out as Iraq Auctions Its Oil Fields 19 Dec 2009 07:11 GMT
    ... opposed the U.S. invasion - Russia and China - while even Total Oil of France, ... 20 years for seven of the 10 oil fields on offer - the oil will remain ... Iranian troops reportedly seized control of an oil field along a disputed section of border. Some ...

  • Iraq Inks Preliminary Deal to Develop Southern Oil Field 22 Dec 2009 16:35 GMT
    ... preliminary contract with a consortium led by China National Petroleum Corporation (CNPC) to develop the ... Petroleum Corporation (CNPC) to develop the Halfaya oil field in southern Iraq. The group, which also ... the auction, seeking investment in 10 Iraqi oil fields in the country's second round of bidding ...

  • US firms lose out in bidding for Iraq oil fields 14 Dec 2009 05:53 GMT
    ... firms lose out in bidding for Iraq oil fields In a clear signal of the declining ... occupied by the US military, companies from China, Russia, Malaysia and Angola, along with several ... won a contract to run the Rumaila oil field, the biggest in the world, with 17.8 ...

  • Chinese-led group initials deal for Iraq oil field 22 Dec 2009 14:00 GMT
    ... Chinese-led group initials deal for Iraq oil field A new well at the Halfaya oil field ... province, December 12. A consortium led by China's top oil producer initialled a deal with ...

  • Iraq Auctions Development Rights to Oil Fields (Yesterday) 14 Dec 2009 07:13 GMT
    ... Iraq Auctions Development Rights to Oil Fields By TIMOTHY WILLIAMS, The New York Times ... part of groups that have recently won oil field deals in Iraq. After a week during ... of nations, including Angola, Malaysia, Turkey and China. They were vying for 20-year service contracts ...

  • Iraq Says Iranians Cross Into Disputed Oil Field 18 Dec 2009 17:09 GMT
    ... Iraq Says Iranians Cross Into Disputed Oil Field Iraqi Interior Minister Jawad al-Bolani: ''Iraq will ... global energy firms contracts to operate seven oil fields, in the second tender since the 2003 ... development contract auction in June. But a Chinese consortium, the sole group to bid on ...

  • Chinese-led group initials deal for Iraq oil field: ministry 23 Dec 2009 06:12 GMT
    ... A consortium led by China's top oil producer initialled a deal with Iraq ... on Tuesday to develop the southern Halfaya oil field, oil ministry spokesman Assem Jihad told AFP. ...

  • Iraq inks tentative deal with China's CNPC - led consortium to develop oil field 22 Dec 2009 12:34 GMT
    ... been inked with a consortium led by China's CNPC to develop a promising oil field in southern Iraq. Oil Ministry spokesman Assem ... already has two other deals to develop oil fields in Iraq. ...

  • Iraq initials deal for south oil field 22 Dec 2009 13:21 GMT
    ... Iraq initials deal for south oil field Updated: Tuesday, 22 Dec 2009, 7:49 AM ... been inked with a consortium led by China's CNPC to develop a promising oil field ... already has two other deals to develop oil fields in Iraq. ...

  • Iraq initials deal to develop southern oil field 22 Dec 2009 13:24 GMT
    ... Iraq initials deal to develop southern oil field , Iraq | Tue, 12/22/2009 7:26 PM ... been inked with a consortium led by China's CNPC to develop a promising oil field ... already has two other deals to develop oil fields in Iraq. ...

  • Royal Dutch Shell Reportedly Plans To Sell $5 Bln Worth Of Nigerian Oil Fields - Update 21 Dec 2009 05:17 GMT
    ... Royal Dutch Shell Reportedly Plans To Sell $5 Bln Worth Of Nigerian Oil Fields - Update (RTTNews) - Royal Dutch Shell ... oil and natural-gas reserves. Chinese-government controlled companies China Petroleum & Chemical Corp. (SNP, SNP.L) or ...

  • Tiancheng to Drill 30 New Wells in PTR's MIN 52 Oil Field 14 Dec 2009 19:25 GMT
    ... China North East Petroleum reported that its oilfield services ... 30 new wells in PTR's MIN 52 oil field. Drilling of the 30 wells is expected ...

  • Shell Can't Sell Oil Fields, FG Declares 22 Dec 2009 06:36 GMT
    ... Lagos, Dec 22, 2009 (This Day/All Africa Global Media ... (NNPC). The Shell/NNPC Joint Venture covers 90 oil fields, spanning 30,000 square kilometres, 72 oil-pumping stations, ... the National Assembly. Potential buyers may include China's Sinopec and Nigeria's Oando Plc, the newspaper ...

  • U.S. firms lag in bids to develop Iraqi oil fields: Russians, Europeans and Chinese win most contracts for developing major fields 14 Dec 2009 09:19 GMT
    ... BAGHDAD -- Chinese, Russian and European companies won the right ... the right this weekend to develop major oil fields in , while U.S. firms made a ...


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Markets

Exchange Rates:

Chinese Renminbi:
USD 1 = CNY 6.8282
EUR 1 = CNY 9.7319

Hong Kong Dollar:
USD 1 = HKD 7.7548
EUR 1 = HKD 11.0525

Macau Pataca:
USD 1 = MOP 7.9874
EUR 1 = MOP 11.3840

Taiwan Dollar:
USD 1 = TWD 32.3430
EUR 1 = TWD 46.0965

USD 1 = EUR 0.7016
EUR 1 = USD 1.4252

Closing Stocks:
Shanghai A: 3,223.94(0.76%)
Shenzhen A: 1,184.00(1.68%)
Hang Seng: 21,334.37(1.15%)
Taiwan Taiex: 7,901.50(0.58%)

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This Day in History

Dec. 23

1st Chinese Theater in U.S., Celestial John, opened in San Francisco.
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