Tag Archives: CNPC

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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Led by PetroChina, Asian Energy Companies Rise in Global Rankings

By moving up to fourth position this year, China’s state-owned oil and gas giant PetroChina has become the first Asian firm to break the top five threshold in the 10-year history of the Platts Top 250 Global Energy Company Rankings. Continue reading

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