(EnergyAsia, August 8, Wednesday) — Domestic exploration and development spend by China’s three main state oil and gas companies rose from a total of US$12.6 billion in 2004 to US$21.5 billion in 2006, said consultant Wood Mackenzie.In its latest report, Wood Mackenzie said PetroChina, CNOOC Ltd and Sinopec have focused more on their domestic programmes…
CHINA: National oil companies double domestic upstream spending over last two years
Posted on August 7, 2007 by EnergyAsia