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FRIDAY, NOVEMBER 27, 2009
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NEWS ABOUT: China National Petroleum Corp.

China National Petroleum Corp. stories: 2 news summaries

 Iraq Dumps 
 Western Oil Deals 

Plans scrubbed as talks drag on too long

Sep 11, 08 3:04 AM CDT
(Newser) - Iraq has scrubbed plans to award six coveted no-bid contracts to Western oil companies, the New York Times reports. Negotiations with the oil giants—including Exxon Mobil, Chevron, Shell, BP and others—dragged on for too long, said Iraq's foreign minister. The companies would have been unable to complete work... More »

MORE ABOUT:
Iraq • oil • Iraq oil • Shell • Chevron • Hussain al Shahristani • oil companies • Exxon Mobil • China National Petroleum Corp.

China Makes $3B Deal to Develop Iraqi Oil

First Saddam-era oil deal to be revived
since invasion

Aug 28, 08 7:45 AM CDT
(AP) - China and Iraq have dusted off an oil deal that was in the works before the 2003 US invasion of Iraq, giving China the rights to develop the Ahdab field, reports the AP. The agreement—which has grown from an estimated $1.2 billion to $3 billion—was originally struck... More »

MORE ABOUT:
Iraq • Iraq oil • United States • oil production • China National Petroleum Corp.

2 Stories


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