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Montevideo, November 2nd 2024 - 16:21 UTC

Tag: China National Petroleum Corporation (CNPC)

  • Wednesday, October 16th 2019 - 07:27 UTC

    Brazil eyes a US$1.45 billion payday as big oil flocks to pre-salt

    The auction will offer an area in the pre-salt zone that contains an estimated 15 billion barrels of crude

    Brazil expects to pocket some US$ 1.45 billion from the sixth round of oil and gas block licensing for the pre-salt zone offshore. Reuters reports, citing the special secretary to the Economy Ministry, Waldery Rodriguez, that the total minimum sum of signing bonuses for all the blocks that will be tendered on November 7th is US$ 1.9 billion.

  • Monday, August 19th 2019 - 09:25 UTC

    Peruvian peasants protest against Chinese oil company and set on fire offices

    There were no initial reports of deaths in the clashes, but the offices of the company that provides maintenance services to CNPC, Confipetrol, were set on fire

    A building in a northern Peruvian town was set on fire on Friday in a protest against China National Petroleum Corp that devolved into clashes between police and demonstrators who want the company to make pledges to help the local community, an industry source said.

  • Thursday, July 6th 2017 - 19:16 UTC

    Chinese company will exploit energy resources in Brazil

    Since 2013, Petrobras and CNPC have partnered to explore the Libra offshore oilfield in southeast Brazil, considered the most valuable oilfield in the country

    Petrobras announced that it signed a memorandum of understanding with the China National Petroleum Corporation (CNPC) to exploit energy resources in Brazil and abroad. In the statement, Petrobras said that the deal will allow the two state oil companies to benefit from each other's capacity and experience in oil and gas production.