Tag Archives: China National Petroleum Corporation

China and India to Jointly Explore Overseas Energy Assets

Jun. 20 – China’s largest energy firm, China National Petroleum Corp. (CNPC), and India’s flagship oil and gas explorer, Oil and Natural Gas Corp. (ONGC), have signed an agreement to jointly explore potential energy assets overseas. China and India hope to combine their financial resources and expertise to better secure energy supplies for their rapidly-expanding economies. This is not the first time there has been cooperation between China and India’s chief oil producers. In 2006, CNPC and ONGC agreed to a series of pacts covering all segments of the oil industry. These pacts, however, never manifested into an efficient working … Continue reading

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Russia, China Enhance Economic Ties During Putin Visit

Chinese Premier Wen Jiabao greeted Russian Prime Minister Vladimir Putin in Beijing on Tuesday as the latter began his two day trip in the country, bringing with him a 160-member delegation – including top entrepreneurs from prominent Russian energy companies. Putin’s arrival in China marked his first foreign visit after announcing his plans to return to the Russian presidency.

Photo: Agence France Presse

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