CNOOC Defies Bleak Market to Soar in Shanghai Debut
By Gina Lee Investing.com – Chinese oil company CNOOC Ltd.’s shares surged as much as 44% in its debut on the Shanghai Stock Exchange (SSE (LON:SSE)) on Thursday. The company raked in...
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CNOOC News & Analysis
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Exclusive-China looks to lock in U.S. LNG as energy crunch raises concerns -sources
By Chen Aizhu, Jessica Jaganathan and Scott DiSavinoSINGAPORE/NEW YORK (Reuters) - Major Chinese energy companies are in advanced talks with U.S. exporters to secure long-term liquefied...
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Exclusive-China looks to lock in U.S. LNG as energy crunch raises concerns -sources
By Chen Aizhu, Jessica Jaganathan and Scott DiSavino SINGAPORE/NEW YORK (Reuters) - Major Chinese energy companies are in advanced talks with U.S. exporters to secure long-term liquefied...
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Hungry for fuel, China looks to the U.S., Europe eyes relief plans
By Chen Aizhu, Jessica Jaganathan and Scott DiSavino (Reuters) - China's energy crisis deepened on Friday with coal prices hitting a record high as cold weather sweeps in and soaring gas...
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African Markets - Factors to watch on April 12
NAIROBI, April 12 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Monday.- -...
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South Africa's Standard Bank to assess 'way forward' on East Africa oil pipeline
JOHANNESBURG, March 1 (Reuters) - South Africa's Standard Bank SBKJ.J has hired an independent environmental and social advisor to help assess its involvement in Total 's TOTF.PA East...
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UPDATE 2-Uganda sees work on oil pipeline with Total starting shortly
(Updates with Tanzania comments)By Elias BiryabaremaKAMPALA, Feb 25 (Reuters) - Uganda said on Thursday the construction of a $3.5 billion oil pipeline with France's Total TOTF.PA due to...
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BRICS summit marks recovery of China-Brazil relations
By Jake Spring and Anthony BoadleBRASILIA, Nov 12 (Reuters) - Jair Bolsonaro's repeated bashing of China on the campaign trail last year left diplomats on both sides worried he might...
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UPDATE 1-Uganda aims for Q1 investment decision on oil pipeline - minister
(Recasts, adds quotes, information on tax dispute)CAPE TOWN, Nov 6 (Reuters) - Uganda's Energy Minister Irene Muloni said on Wednesday she is optimistic the government can resolve a tax...
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African Markets - Factors to watch on Sept 5
NAIROBI, Sept 5 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday.- -...
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African Markets - Factors to watch on August 30
NAIROBI, Aug 30 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Friday.- - -...
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China CNOOC invites foreign firms to bid for South China Sea, Bohai blocks
SHANGHAI/SINGAPORE, June 27 (Reuters) - China National Offshore Oil Corporation, or CNOOC, has issued a tender inviting foreign firms to jointly explore and produce oil and gas in the South...
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CORRECTED-Africa sees increase in foreign investment, bucking global trend
(Changes International Development Finance Corp budget to $60 billion from $60 million in 11th paragraph)* FDI inflows to sub-Saharan Africa grew 13% in 2018* South Africa was top performer;...
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Activists urge banks not to finance Ugandan oil pipeline
By Elias BiryabaremaKAMPALA, June 6 (Reuters) - A group of 30 international and local campaign groups have petitioned two banks to abandon plans to raise funds to build an oil pipeline to...
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Ghana's first oil exploration licensing round attracts global majors
By Lefteris KaragiannopoulosATHENS, Dec 24 (Reuters) - Sixteen oil and gas firms have submitted applications for one or more of five Ghanaian offshore blocks in the West African...
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African Markets - Factors to watch on Dec. 21
The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Friday. - - - - - EVENTS: *Rwanda's...
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Stanbic sees June 2019 close for $2.5 bln debt deal for Uganda's oil pipeline
By Elias BiryabaremaKAMPALA, Nov 21 (Reuters) - Stanbic Bank Uganda SBU.UG , lead arranger for the East African nation's $2.5 billion debt for a crude oil pipeline, expects the deal to...
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Uganda expects first oil production in 2021, refinery by 2023
By Ed StoddardCAPE TOWN, Nov 8 (Reuters) - Uganda expects to start producing oil in 2021, a year later than initially planned, and its refinery should be up and running by 2023, its oil...
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Uganda names Sinopec among firms interested in refinery
By Elias Biryabarema KAMPALA, Nov 22 (Reuters) - Oil firms including China's Sinopec have expressed an interest in developing Uganda's planned oil refinery and an investor for the project...
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Oil up 2 pct as wildfires threaten Canada supply, Saudi moves eyed
* Statoil , Husky close Alberta facilities closed as precaution * CNOOC facility suffers damage, first for energy in wildfire * Saudi Arabia appoints Falish to replace veteran oil...
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