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  • Dec 21- CNOOC Ltd's Nexen unit said on Sunday it was shutting operations at an oilfield and processing facility in Yemen, where the Islamist militant al Qaeda group is operating, due to a security threat. Yemen has been in turmoil since 2011 mass protests forced veteran president Ali Abdullah Saleh to step down, and tensions have increased since Shi'ite Muslim...

  • Dec 21- CNOOC Ltd's Nexen unit is shutting operations at an oil field and processing facility in Yemen due to a security threat, a Nexen spokeswoman said on Sunday. The spokeswoman said Nexen determined there is an undue risk for staff working at its Block 51 field operations and BAK PF processing facility in Yemen. China's CNOOC acquired Calgary, Alberta- based...

  • US alliances in Asia strained amid China's influence Saturday, 8 Nov 2014 | 9:57 PM ET
    President Barack Obama speaking at the White House, November 5, 2014.

    As Washington seeks to expand American interests in Asia, some U.S. partners have shown less willingness to challenge Beijing.

  • It includes deployment of American Marines in Darwin, Australia, stepped up U.S. naval visits to the Philippines and many more joint drills with that nation's armed forces, as well as the lifting of a ban on lethal weapons sales to Vietnam. But just as Washington seeks to expand American interests in Asia as a counterpoint to China's growing influence, some U.S....

  • HANGZHOU, China, Nov 6- Canadian Prime Minister Stephen Harper arrived in China on Thursday, facing the delicate task of improving economic ties with a major trading partner without sparking voter backlash or a revolt within his own party a year ahead of an election. The stakes are high for Harper, who last went to China in February 2012 and ended a successful visit...

  • *Anadarko in talks with China's CNOOC for major contract. MILAN/ SINGAPORE, Oct 30- Countries across Asia are quietly reaching deals to import liquefied natural gas from Mozambique, which could transform its economy and give it a front-row seat in tapping rising global gas demand. The unannounced agreements, five in total, show how war-scarred Mozambique is...

  • SHANGHAI, Oct 30- Hong Kong shares ended lower on Thursday, as investors sold shares in companies that posted weaker earnings for the third quarter. The Hang Seng Index unofficially closed down 0.5 percent at 23,702.04 points, while the China Enterprises Index of the leading offshore Chinese listings in Hong Kong declined 0.9 percent. Shares of BYD Co Ltd...

  • China shares little changed, HK eases on weak earnings Thursday, 30 Oct 2014 | 12:46 AM ET

    *Weak company earnings weigh on Hong Kong market. SHANGHAI, Oct 28- China shares were little changed by midday on Thursday as weakness in the property sector offset the positive impact after the government said it would support consumption, while Hong Kong shares eased on gloomy corporate earnings. In Hong Kong, the Hang Seng Index edged down 0.5 percent to...

  • *PetroChina posts drop in third-quarter net profit. *CNOOC's third-quarter revenue falls, production flat. HONG KONG, Oct 29- Chinese state-run oil giants PetroChina and CNOOC Ltd posted weaker third-quarter results on Wednesday, hit by a slump in crude prices as a result of ample supplies and weakening demand.

  • DAR ES SALAAM, Oct 25- Tanzania has held talks with France's Total and Britain's BP over oil and gas exploration, its energy ministry said on Saturday, aiming to add to major companies active in its thriving energy sector. Companies already present in the east African state include Norway's Statoil, Brazil's Petrobras, Royal Dutch Shell, BG Group and Exxon Mobil..

  • South China Sea: Lots of oil, lots of uncertainty Thursday, 9 Oct 2014 | 12:56 PM ET
    Coast guard vessels from China (rear) and Vietnam in a disputed part of the South China Sea near China's oil drilling rig, May 14, 2014.

    The area is expected to hold billions of barrels of oil and trillions of cubic feet of gas, but energy firms are tentative about the region.

  • Tensions rise after China sinks Vietnamese boat Tuesday, 27 May 2014 | 1:45 AM ET

    Vietnam and China traded accusations over the sinking of a Vietnamese fishing boat not far from where China has placed an oil rig in disputed waters.

  • China, Vietnam playing dangerous game of chicken Thursday, 15 May 2014 | 10:54 AM ET
    Anti-China protesters march while shouting slogans in Ho Chi Minh City, May 11, 2014.

    China's expansion of its oil operations is only part of the reason behind its rising conflict with Vietnam.

  • Tensions rise as Vietnam says China rammed ships Wednesday, 7 May 2014 | 8:06 PM ET
    Vietnam Maritime Police's Deputy Commander Do Ngoc Thu speaks during a press conference on the latest maritime tension between Vietnam and China in Hanoi on May 7, 2014.

    Tensions rise as Vietnam said on Wednesday a Chinese vessel intentionally rammed two of its ships in a part of the disputed South China Sea.

  • Warren Buffett’s latest value bet on energy Sunday, 6 Apr 2014 | 9:00 AM ET
    A sign directing traffic to the Suncor Oil Sands, north of Fort McMurray, Alberta, Canada.

    The Oracle sees good value in Canadian oil-and-gas companies with long-life reserves. The sector is now trading at historic low multiples.

  • Foreign investors' US power play Thursday, 6 Mar 2014 | 7:30 AM ET
    A gas flare is seen at an oil well near Williston, North Dakota.

    China, India and other countries are spending billions of dollars to acquire U.S. oil and gas assets and gain access to proprietary energy technology.

  • Asian stocks ended mixed on Tuesday as weak U.S. economic data and caution ahead of this week's key risk events weighed on sentiment.

  • China oil sector picks  Thursday, 22 Aug 2013 | 11:51 PM ET

    Thomas Hilboldt, head of oil, gas and petrochemical research, Asia-Pacific, at HSBC tells CNBC's "Cash Flow" his top picks for the China oil and gas space.

  • Landlines, Leapfrogs and China's Energy Curve Monday, 3 Jun 2013 | 1:03 PM ET
    Yanlian Oil Refinery

    Leapfrogging legacy technology is a critical theme in the rise of the developing world, and China hopes to embrace this thinking when it comes to energy production.

  • The Delay of China's 'Shale Gas Revolution'  Sunday, 17 Mar 2013 | 7:40 PM ET

    Scott Darling, Head of Oil & Gas Sector Research at Barclays gives his top picks in China's oil & gas sector and warns that the nation's shale gas revolution might be running late by almost a decade.