Latest PetroChina Stories

Project reflects decade-long, successful relationship between PetroChina and Telvent in improving China’s hydrocarbon transport and energy sustainability Madrid, Spain (PRWEB) June 06, 2012 Telvent GIT, S.A., a leading real-time IT solutions and information provider for a sustainable world, announced today that China’s largest oil and gas producer, PetroChina Company Limited (PetroChina), has selected Telvent to serve as main contractor for the automated engineering involved in the...

HARBIN, China and NEW YORK, April 11, 2012 /PRNewswire-Asia/ -- China North East Petroleum Holdings Limited (the "Company") (NYSE Amex: NEP), announced that it has received a letter dated April 4, 2012 from NYSE Regulation, Inc. in which NYSE Staff allege the Company no longer complies with NYSE's continued listing standards as set forth in the Company Guide and its securities are, therefore, subject to delisting from the NYSE. In general, the NYSE allegations primarily relate to...

HARBIN, China and NEW YORK, March 14, 2012 /PRNewswire-Asia/ -- China North East Petroleum Holdings Limited (the "Company") (NYSE Amex: NEP), announced that as previously announced on March 1, 2012, the Company discovered that the Securities & Exchange Commission ("SEC") issued an Order of Suspension of Trading of the stock of the Company. In the Order, the SEC stated that: "Questions have arisen regarding the accuracy and completeness of information contained in NEP's public...

CALGARY, Jan. 18, 2012 /PRNewswire/ - Ivanhoe Energy Inc. (TSX: IE) (NASDAQ: IVAN), and its wholly owned subsidiary, Sunwing Zitong Energy (SZE), announced on January 11, 2012 the intention for SZE to sell 100% of its participating interest in the Production Sharing Contract for the Zitong block in China's Sichuan basin to Shell China Exploration and Production Company Limited (Shell China). While the Production Sharing Contract (PSC) allows the Parties of the PSC to release the...

HARBIN, China and NEW YORK, Dec. 15, 2011 /PRNewswire-Asia/ -- China North East Petroleum Holdings Limited (the "Company") (NYSE Amex: NEP), today announced that it has entered into a Share Transfer Agreement with China Kinwa High Technology Co., Ltd., (Shanghai Exchange share code: 600110) ("Kinwa") and its wholly-owned subsidiary Beijing Shixin Taide Investment Consultancy Co., Ltd., to purchase exclusive oilfield exploration and drilling rights to the Qian 122 oilfield in Jilin Province...

HARBIN, China, Nov. 29, 2011 /PRNewswire/ -- China Daqing M & H Petroleum Inc. (OTCQB: CHDP) (the "Company" or "China Daqing"), engaged in the extraction and sale of crude oil, resale of oil drilling equipment and accessories, and oilfield underground technology services, today announced that it will add 30 new wells in 2012. China Daqing plans to start drilling the new wells in the Miao 14 Oilfield blocks in Jilin Province, China, in February, with the expectation that the...

SINGAPORE, Nov. 21, 2011 /PRNewswire/ -- In October, China's apparent* oil demand inched higher on a year-over-year basis by 1.4% to 38.42 million metric tons (mt) or an average of 9.08 million barrels per day (b/d), the highest in five months, according to a just-released Platts analysis of recent statistics released by China's government. The apparent oil demand in October was the strongest since 9.31 million b/d in May, and was also 1.4% higher than September when apparent...

HARBIN, China and NEW YORK, Nov. 10, 2011 /PRNewswire-Asia/ -- China North East Petroleum Holdings Limited (the "Company") (NYSE Amex: NEP), a leading independent oil producing and oilfield services company in Northern China, today announced consolidated financial results for the third quarter ended September 30, 2011. Revenue for the 2011 third quarter totaled $23.8 million compared to $24.3 million in the 2011 second quarter and $20.0 million in the 2010 third quarter. Total oil...

SINGAPORE, Oct. 24, 2011 /PRNewswire/ -- China's apparent oil demand* in September grew just 3.1% year on year to 36.63 million metric tons (mt), or an average of 8.95 million barrels per day (b/d). This is the lowest level that the country's oil demand has reached this year, according to a Platts analysis based on crude oil statistics recently released by the Chinese government. September was also the second straight month that China's oil demand has slipped to less than nine million b/d....

SHANGHAI, Oct. 18, 2011 /PRNewswire-Asia/ -- After two years' success, 3rd Asia Pipeline Summit 2011 is organized by Global Leaders Institute and supported by Asia & Pipeline Cooperation Center of China (AGPRCC). 3rd Asia Pipeline Summit, which is the No.1 oil & gas pipeline summit in China, will return this year on November 16th - 17th in Hotel New Otani Chang Fu Gong Beijing, China This year, this summit will focus on "how to improve the operation and management level of oil and...