Home Topics China National Petroleum Corporation

China National Petroleum Corporation

Oil-rich South Sudan seeks investment in fragile new peace

South Sudan is making its first big foreign investment pitch since declaring an end to civil war, but the oil-rich nation faces hesitation from some companies that want to make sure the fragile new peace deal holds.
Nigerian National Petroleum Corporation (NNPC)

Federal government, China sign agreement on oilfield services

In what could be described as a strong move to develop Nigeria’s oilfield services and boosting research and development in the oil and gas industry, the Nigerian National Petroleum Corporation (NNPC) has signed a Memorandum of Understanding (MoU) in China with the China National Offshore Oil Corporation (CNOOC).

China restates commitment to provide 85% funding for $2.8 billion AKK gas pipeine project

The Nigerian National Petroleum Corporation (NNPC) has been assured by China National Petroleum Corporation (CNPC) that it is committed to helping it secure up to 85 per cent of $2.8 billion it requires to build the Ajaokuta-Kaduna-Kano (AKK) pipeline project, a statement from the corporation on Monday disclosed.

China offshore oil coy to invest $3 billion in Nigeria

The China National Offshore Oil Corporation (CNOOC) is to invest an additional three billion dollars in its existing stakes in offshore oil and gas operations in Nigeria.

Iran wary as EU presents plans to save nuclear deal

Iran said Saturday it would wait to see whether Europe produces tangible results in overcoming US sanctions before it decides whether to stay in the nuclear deal, as a top EU official visited Tehran to present plans for maintaining trade ties.

China’s Sinopec to sell Nigeria investment

Sinopec, China’s oil giant and world’s second largest corporate organisation is planning to sell off its oil sector investment in Nigeria, and totally divest from the country.

Recent Stories

Hoda Muthana is the only US citizen among an estimated 1,500 foreign women and children at the al-Hawl refugee camp [Fadel Senna-AFP]

US woman ‘deeply regrets’ joining ISIS, wants to return home

A US woman who ran away from home at the age of 20 to live in ISIL's so-called 'caliphate' says she "deeply regrets" her decision, and has pleaded with US authorities to allow her to return home.

Spanish victims of sex abuse by priests speak out

A trickle of accusations of sexual abuse against priests in schools and seminaries is starting to erode the wall of silence in Catholic Spain, whose Church representatives are set to attend a major Vatican meeting on child protection.
Mi-8 Helicopter

Two killed in helicopter crash in western Norway

Two People have been found dead after a helicopter crashed into a mountainside in Western Norway, Emergency Services and Police said on Monday.
South African 800 meters Olympic champion Caster Semenya arrives for a landmark hearing at the Court of Arbitration (CAS) in Lausanne on February 18, 2019. – Semenya will challenge a proposed rule by the International Athletics Federation (IAAF) aiming to restrict testosterone levels in female runners. (Photo by Harold CUNNINGHAM / AFP)

Caster Semenya takes gender rule challenge to sports court

Olympic 800 metres champion Caster Semenya of South Africa went to the Court of Arbitration for Sport on Monday to challenge proposed rules that could force her to lower her testosterone levels.
Members of the National Youth Service Corps (NYSC)

Election postponement: NYSC debunks corps members’ protest story

The National Youth Service Corps (NYSC) in Yobe State has denied reports trending on social media that Corp members staged a protest on the Election Day in Jakusko Town of Yobe State over non-payment of their allowances.