History shows the 6 percent plunge in China's stocks Thursday could be a big buying opportunity.» Read More
BEIJING, Feb 8- A deepsea natural gas discovery in the northern part of the South China Sea has certified proven reserves exceeding 100 billion cubic metres, making it one of China's biggest offshore finds, Chinese state television reported. Offshore oil and gas specialist CNOOC Ltd announced the discovery last August after striking high flows of gas in the...
Feb 4- Hong Kong shares rose in line with most Asian markets, lifted by a rebound in the oil price and encouraging developments in Greece. The energy sector led gains in Hong Kong on Wednesday, sparked by the recent rally in oil prices. Among the most actively traded main board stocks were Chaoda Modern Agriculture Holdings Ltd, down 6.0 percent at HK $0.40; Unity...
SINGAPORE, Feb 4- Oil prices fell on Wednesday as renewed concerns over global demand and high stock levels halted a rally that pushed up prices by about 19 percent over the past four sessions. Brent crude was 50 cents lower at $57.41 a barrel by 0336 GMT, after gaining almost 6 percent on Tuesday and off a near six-year low of $45.19 reached in mid-January.
SINGAPORE, Feb 4- U.S. crude futures fell more than 2 percent in early Asian trade on Wednesday, after a tumbling dollar had pushed up prices by about 19 percent over the last four sessions. Estimates by industry group American Petroleum Institute that U.S. crude stockpiles rose more than 6 million barrels last week, in a fifth straight week of climbs, helped drive...
*Half of the assets on sale are in North America. *North Sea could prove a hard sell. LONDON, Jan 30- With more than $110 billion of oil and gas assets on the block as companies big and small count the cost of the collapse in oil prices, it is now a question of who will blink first to set the M&A scramble in motion.
HONG KONG, Jan 22- International law firm Dentons and China's Dacheng Law Offices have agreed on a merger that is expected to create the world's largest law firm and would be only the second time a global firm and a domestic Chinese firm have joined forces. A spokeswoman for Dentons said partnerships of both firms had approved the deal and that China's Ministry of...
As Washington seeks to expand American interests in Asia, some U.S. partners have shown less willingness to challenge Beijing.
Asian equities ended mixed on Thursday as investors reacted to the end of quantitative easing in the U.S. and the region's latest earnings.
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.
Chinese energy giant CNOOC is looking at building a multi-billion-dollar floating liquefied natural gas plant to produce gas from the South China Sea.
It's not often you get a chance to see one of the most dangerous flashpoints in Asia.
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's expansion of its oil operations is only part of the reason behind its rising conflict with Vietnam.
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.
The Oracle sees good value in Canadian oil-and-gas companies with long-life reserves. The sector is now trading at historic low multiples.
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.
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.