In light of a new corruption probe among high-level Chinese government officials, a U.S.-based law firm says it is now investigating securities claims against PetroChina Company Ltd. Greater China media are reporting on a corruption probe into former security chief and mainland China Politburo Standing Committee member Zhou Yongkang. The proble will reportedly cover Zhou's […]
ConocoPhillips Rebounds From Pollution Punishments To Ink New PetroChina Agreements
27 February 2013
Fresh from receiving renewed expansion permission from China's State Oceanic Administration, ConocoPhillips has entered into a set of agreements with PetroChina Company Ltd. whereby PetroChina will acquire an interest in two Western Australia exploration assets and establish a Joint Study Agreement for unconventional resource development in the Sichuan Basin. Under these agreements, which still require […]
Boeing Launches Aviation Biofuel Research In China
22 October 2010
U.S. aircraft maker Boeing has said that it will to invest USD500,000 each year over the next five years in its aviation biofuel research center in Qingdao. The center was jointly launched by Boeing and the Qingdao Institute of BioEnergy and Bioprocess Technology and is called the Joint Research Lab for Sustainable Aviation Biofuels. The […]
CNOOC To Sign LNG Deal With Total
28 November 2008
Global petroleum company Total says that its talks with China National Offshore Oil Corp, one of the largest offshore oil companies in China, on liquid natural gas has entered its final stages and it expected that a final deal will be signed soon.
PetroChina Signs LNG Supply Deal With Shell
27 November 2008
PetroChina International, a wholly-owned subsidiary of the China National Petroleum Corporation, has signed a liquid natural gas supply deal with Shell.
PetroChina Initiates China's Largest Carbon Trade
22 August 2008
PetroChina Company Limited's first clean development mechanism project — a nitrous oxide decomposition project by Liaoyang Petrochemical Company has been approved by the United Nations CDM Executive Board, and the first 994,800 tons of carbon indicators have been approved for trading.
China's Environmentally-friendly Project List Unveiled
10 July 2008
The Second National Environmentally-friendly Project Awards Assembly and the Thirteenth Green China Forum were held recently in Beijing's Great Hall of People where ten projects were each named an official National Environmentally-Friendly Project.