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With proven oil reserves of 340 billion barrels, the world's second-largest behind the Middle East, Latin America is trying to attract foreign capital for Colombia's onshore and offshore blocks as well as Argentina's large unconventional resources and Mexico's fast-track energy reforms.
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.
BEIJING, March 4- China's decision last month to sell a stake in a subsidiary of Sinopec Corp signals more privatisation of its bloated state-owned sector will take place soon, with plans likely to be discussed at this week's parliament session, officials and experts said.
The world's second-largest oil consumer aims to add nearly 600,000 barrels in daily refining capacity in 2014, and was slated to bring on more before PetroChina delayed two startups and an expansion as 2013 oil demand growth dropped to a 22- year low.
KAMPALA, Jan 24- Uganda has completed negotiations with Britain's Tullow Oil and its partners and will soon sign an agreement that could pave the way for the start of crude production.
PERTH/ LONDON, Jan 21- Locked into hefty discounts for nearly a decade, producers of super-cooled liquid natural gas could triple their earnings as surging demand gives them the upper hand in contract reviews with big buyers in Asia.
HONG KONG, Jan 21- Chinese shares listed in Hong Kong posted their biggest gain in two months on Tuesday, led by financials as cash rates eased in the mainland after the Chinese central bank offered emergency funds to ease the latest cash squeeze.
HONG KONG, Jan 21- China shares rebounded from a six-month low on Tuesday, lifting Hong Kong markets, as cash rates eased in the mainland after the Chinese central bank offered emergency funds to ease the latest cash squeeze. The CSI300 of the largest Shanghai and Shenzhen A-share listings, which closed on Monday at its lowest since July 9, rose 0.7 percent.
SINGAPORE, Jan 21- U.S. crude futures slipped below $94 a barrel in early Asian trade on Tuesday as supply worries eased after world powers and Iran took another step to end a decade-long dispute over Tehran's nuclear programme.
HONG KONG, Jan 20- Top Chinese offshore oil and gas producer CNOOC Ltd is aiming for an up to 4.3 percent output increase this year, excluding contributions from acquisition Nexen, well below its average annual growth target for 2011-2015 for a third year.
HONG KONG, Jan 20- Top Chinese offshore oil and gas producer CNOOC Ltd said on Monday it is aiming for an up to 4.3 percent output increase this year, excluding contributions from Canadian oil producer Nexen that it acquired a year ago.
HONG KONG, Jan 20- Top Chinese offshore oil and gas producer CNOOC Ltd said on Monday it is aiming for an up to 4.3 percent increase in output this year, excluding contributions from Canadian oil producer Nexen it acquired a year ago.
HONG KONG, Jan 17- Hong Kong shares closed at their highest in more than two weeks on Friday, posting weekly gains that were largely buoyed by a strong showing in Asian insurer AIA Group and Chinese Internet giant Tencent Holdings. Tencent jumped 6.4 percent this week to a record close, while AIA climbed 3.1 percent in its biggest weekly gain in three months.
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.
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.
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.
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.
Despite objections, the U.S. is heading down the road to export natural gas, and that could ultimately help shake up world energy markets.
Suncor Energy has seen "a lot of interest" from potential merger partners, but is unlikely to consent to a deal with a large international company like ExxonMobil, Suncor's CEO said Tuesday.
The U.S. oil production boom had been expected, but the magnitude of change in such a short period of time is a surprise.