Cnpc

Russia’s Gazprom PJSC again reported a slide in both natural gas production and exports as it has nearly cut off all deliveries to Europe in retaliation for sanctions against its war in Ukraine.  The state-owned company, which holds the world’s largest gas reserves and is among the largest exporters, said year/year deliveries to countries outside…

China Petroleum & Chemical Corp., aka Sinopec, has reportedly announced another oil and natural gas discovery in the Tarim Basin.  The state-owned company said on Chinese social media that it had discovered 100 million tons of oil and gas resources in the legacy-producing region, according to Reuters. That’s roughly the equivalent of 733 million bbl…

A China National Petroleum Corp. (CNPC) subsidiary has made a giant oil and natural gas discovery totalling an estimated 1 billion tons of reserves in the prolific Tarim Basin in northwestern China, according to reports. “This has been the largest discovery of oil exploration in the Tarim Basin in the recent decade,” Tarim Oilfield Co.’s…

China National Petroleum Corp. (CNPC), the largest state-owned producer of oil and natural gas in the country, reportedly plans to nearly double natural gas production from shale sources this year and wants a five-fold increase in such production by 2020.

Cheniere Energy Inc. on Friday said it has scored two agreements to export natural gas to China National Petroleum Corp. (CNPC), the largest state-owned producer, which should help advance a planned terminal in South Texas.