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.» Read More
*Total, Shell, CNOOC, China National Petroleum join winning bid. Despite government assurances that the discovery is huge and low risk, many major world oil companies that had shown strong interest in previous auctions, such as Exxon Mobil Corp, Chevron Corp and BP Plc, stayed away.
RIO DE JANEIRO, Oct 21- Brazilian state-run energy company Petrobras teamed up with European oil majors and Chinese rivals on Monday to buy the country's biggest-ever oil field with a lone bid at the minimum price, a disappointing outcome for a sale that was supposed to launch Brazil as a petroleum power.
RIO DE JANEIRO, Oct 21- Brazil sold production rights to develop the giant offshore Libra oil area to a consortium led by Brazilian state-run oil company Petroleo Brasileiro SA in an auction with a single bid on Monday. Petrobras, as the Brazilian company is known, took 40 percent of the field, 10 percent above the legal minimum.
RIO DE JANEIRO, Oct 21- Brazil geared up on Monday to sell production rights to its largest-ever oil discovery in a landmark auction that sparked widespread nationalist protests even though most of the world's premier energy companies opted to stay away.
RIO DE JANEIRO, Oct 16- Brazil's government sees the planned Monday sale of Libra, an oil discovery billed as the biggest offshore oilfield ever sold, as a crowning achievement of an energy plan designed to end poverty and help the country join the developed world.
SINGAPORE/ BEIJING, Oct 11- China is set to ramp up acquisitions of overseas oil and gas companies to feed its soaring growth in energy demand as the country overtakes the United States as the world's top net oil importer.
SINGAPORE/ BEIJING, Oct 11- China is set to ramp up acquisitions of overseas oil-and-gas companies to feed its soaring growth in energy demand as the country overtakes the United States as the world's top net oil importer.
OTTAWA, Oct 10- During visits to China and South Korea next week, a senior Canadian official will promote investment in Canadian oil and gas firms despite strict limits Ottawa imposed in 2012 on foreign purchases in the energy sector.
LA PAZ, Oct 9- Argentina- based energy firm Pan American Energy has requested $1.49 billion from Bolivia as compensation for the 2009 nationalization of its subsidiary in the Andean nation, according to a statement late Tuesday from Bolivia's state attorney general's office.
HONG KONG, Sept 27- In March last year, after getting government approval to go ahead with a $900 million refinery expansion in China's southeastern Fujian province, state-run oil giant Sinopec Corp warned the team handling the project against taking bribes.
HONG KONG, Sept 26- Hong Kong shares may start weaker on Thursday, tracking Wall Street losses as political wrangling in Washington over funding for federal agencies risked a U.S. government shutdown. A steep drop in Wal-Mart shares could also weigh on Li& Fung.
SINGAPORE, Sept 25- China National Offshore Oil Corp expects to add five liquefied natural gas receiving terminals by 2015, doubling its total capacity to 35-40 million tonnes per year, a senior company official said on Wednesday.
RIO DE JANEIRO, Sept 20- Brazil's government plans to finance state-run oil company Petroleo Brasileiro SA's participation in the Oct. 21 auction of Libra, country's largest-ever oil discovery, the Estado de S. Paulo daily newspaper reported on Saturday.
RIO DE JANEIRO, Sept 19- Brazil's planned auction of its biggest-ever oil discovery attracted only a quarter of the interest expected by the government after many of the large, wealthy oil companies with experience in the region declined to sign up for the sale.
RIO DE JANEIRO, Sept 19- Brazil's planned auction of its biggest-ever oil discovery attracted only a quarter of the interest expected by the government after many of the large, deep-pocketed oil companies with experience in the region declined to sign up for the sale.
HONG KONG, Sept 18- Hong Kong shares may end a holiday-shortened week higher on Thursday, as global stocks soared and U.S. The prospect of super-easy money and low U.S. rates holding for longer should bolster interest-rate sensitive stocks such as Hong Kong property-related names.
*Wing Hang Bank leads Hong Kong up after takeover offer. HONG KONG, Sept 17- Hong Kong shares slipped from a 17- week high in early Tuesday trade, with mainland Chinese markets also weaker, ahead of a U.S.
*Wing Hang Bank leads Hong Kong up after takeover offer. HONG KONG, Sept 17- Hong Kong shares slipped from a 17- month high in early Tuesday trade, with mainland Chinese markets also weaker, ahead of a U.S.
HONG KONG, Sept 17- Hong Kong shares may open lower on Tuesday, pulling back from a 17- month high as investors await the outcome of the U.S. *Tencent Holdings Ltd said on Monday that it will buy a 36.5 percent stake in Sohu.com Inc's Sogou search engine, China's third-largest, to lift its presence in the fast-growing China market for search and Internet services.
Sept 6- The U.S. Committee on Foreign Investment has cleared the way for Shuanghui International Holdings Ltd's proposed $4.7 billion acquisition of Smithfield Foods Inc, the companies said on Friday.