CNOOC Announces Director Change
Chinese national oil company CNOOC Limited said it has appointed Wang Dongjin to replace Wu Guangqi who has retired as a Non-executive Director and a member of the Remuneration Committee effective April 27.
PetroChina Mulls Aramco Listing
PetroChina will consider taking part in national oil giant Saudi Aramco's initial public offering based on market conditions, it said on Thursday, the second Chinese oil major to discuss becoming an investor this week. "Saudi Aramco has raised this plan to PetroChina," president and vice-chairman Wang Dongjin said on Thursday at a briefing following the announcement of China's largest oil and gas producer's 2016 results.
Gazprom, CNPC discuss gas supplies to China
Gazprom and CNPC held meeting of Joint Coordinating Committee to discuss the progress of the project for natural gas supplies from Russia to China via the eastern route. This was a regular meeting of the Joint Coordinating Committee (JCC) of Gazprom and CNPC that took place in Beijing. The meeting was moderated by JCC co-chairmen Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee, and Wang Dongjin, Vice President of CNPC. It was noted that the project was running on schedule.
Gazprom, CNPC Focus on Future Cooperation
During a Joint Coordinating Committee Meeting between Gazprom and CNPC hosted in Moscow today the future lines of the cooperation between the companies were discussed. Chaired by the Committee Co-Chairmen – Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee and Wang Dongjin, Vice President of CNPC the meeting participants reviewed the progress. In particular, they pointed out the importance of developing interaction in the areas of gas-fired power generation…
Agreement on Cross-border Section of Power of Siberia being Finalized
At a meeting between Alexey Miller, Chairman of the Company's Management Committee and Wang Dongjin, Vice President of CNPC the two sides looked at the status of the project for Russian gas supply to China via the eastern route. They gave particular attention to the preparation of an Agreement on engineering and constructing a cross-border section of the Power of Siberia gas pipeline including its submerged crossing under the Amur River. The document is almost ready to be signed by end 2015.
Gazprom, CNPC Ink Deal for Gas Supply via Western Route
The Gazprom Management Committee Chairman Alexey Miller and the CNPC Vice President Wang Dongjin signed today in Moscow the Heads of Agreement for pipeline gas supply from Russia to China via the western route. Inked in the presence of Russian President Vladimir Putin and Chinese President Xi Jinping, the document outlines the main technical and commercial parameters of the future supplies. In addition…
Gazprom in Talks with China on Gas Supplies
A meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Zhang Gaoli, First Vice Premier of the State Council of the People's Republic of China took place in Beijing today. The parties addressed the state of the Intergovernmental Agreement on arranging supplies of Russian pipeline gas to China via the western route. Alexey Miller also met with Wang Dongjin, Vice President of CNPC.
Gazprom & CNPC Agree on Gas Supplies
A Technical Agreement was signed today by Alexey Miller, Chairman of the Gazprom Management Committee and Wang Dongjin, Vice President of CNPC in the House of the Russian Government in Moscow. It is a supplement to the Purchase and Sale Agreement on natural gas supplies via the eastern route. The document was inked in the presence of Dmitry Medvedev, Russia's Prime Minister and Li Keqiang, Premier of China's State Council.
Power of Siberia construction launched
Yakutsk hosted today celebrations dedicated to welding the first joint of the Power of Siberia gas transmission system (GTS) meant to be a crucial element of the gas supply system being built in eastern Russia. The GTS will convey gas from the Yakutia and Irkutsk gas production centers to the Far East and China. The attendance was comprised of Russian President Vladimir Putin, Zhang Gaoli, First Vice Premier of China's State Council…
PetroChina Q2 Profit Jumps
Net profit rises to 33.9 billion yuan vs 29.5 billion; PetroChina says aims to make Athabasca payment soon. PetroChina, the country's top oil and gas producer which also owns refineries, posted a 15 percent rise in second-quarter profit, partly due to higher upstream earnings and improved refining margins. Second-quarter net profit rose to 33.9 billion yuan ($5.5 billion) in April-June from 29.5 billion yuan a year earlier…
