Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag China National Petroleum Corp (CNPC) is revising its global strategy to boost deal-making, targeting gas liquefaction, deep-sea drilling, and aging well production.

flag China National Petroleum Corp (CNPC) is revising its global strategy to boost deal-making, targeting gas liquefaction, deep-sea drilling, and aging well production. flag As the largest Asian oil producer faces stagnant oil output at home and scarce new projects, CNPC may rekindle investing in large oil and gas assets as an operator, as it did two decades ago with its $4-billion PetroKazakhstan purchase. flag With $37.5B in cash equivalents, CNPC plans to target Qatar for LNG investments and South American deep sea acreage, while facing potential geopolitical hurdles.

394 Articles