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Wednesday, 25 November 2009 23:06 UAE time

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China National Petroleum Corporation (CNPC)

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Iraq, oil majors agree terms on oilfield project

Iraq-BP-CNPC venture to triple production at giant Rumaila field to be agreed 'within weeks'.  

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Iraq may miss Shell gas deal deadline - spokesman

Negotiations ongoing but Shell set to reduce stake in $4bn project to 44% from 49%.

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Libya agrees to buy Canada's Verenex

Libyan Investment Authority's $293.7m purchase of oil producer follows earlier withdrawal by China.

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Presidential matters

Sudan’s premier in Dubai targeting energy investors.

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China’s growth will bring change

China is emerging as an international force in global oil, both as a producer and more importantly, as a consumer.

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  3. Dubai's Oct property sales value rises by 50% - official 05
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