UOP LLC, an affiliate of Honeywell, has announced that it has signed a memorandum of understanding with China National Petroleum Corporation and the two companies will collaborate on a range of biofuel technologies and projects in China.
The two companies will cooperate to demonstrate existing biofuel technology to produce green transportation fuels using raw materials available [...]

China National Petroleum Corporation and China Petroleum & Chemical Corporation, two giants of China' petroleum industry, have announced the signing of a crude oil mutual supply agreement to withstand the decline of oil prices and help China in its energy needs.

PetroChina International, a wholly-owned subsidiary of the China National Petroleum Corporation, has signed a liquid natural gas supply deal with Shell.

China National Petroleum Corporation has signed a joint venture agreement with Costa Rica's state refinery RECOPE to build an oil refinery in Costa Rica.