China National Petroleum Corporation

Insights on the Middle-East Oil and Gas Line Pipe Market to 2025 - Growth, Trends, and Forecasts - ResearchAndMarkets.com

Retrieved on: 
Friday, November 27, 2020

Seamless are generally used in gas lines, as well as pipes that carry liquids.

Key Points: 
  • Seamless are generally used in gas lines, as well as pipes that carry liquids.
  • They are also used in high-pressure applications like refineries, hydraulic cylinders, hydrocarbon industries, and in oil & gas infrastructures
    In 2018, ADNOC and CNPC signed a deal.
  • This is further expected to open new avenues for line pipes in both the upstream and downstream sectors.
  • With increasing gas production to 113.6 bcm in 2019, the demand for line pipes is growing considerably.

Recon Announce FGS' Joint Operation with CPPEI, CNPC's Decision Supporting Institute

Retrieved on: 
Monday, April 27, 2020

The Agreement is signed to facilitate the operation of DT Refuel mobile application ("DT Refuel") functions in Zhejiang.

Key Points: 
  • The Agreement is signed to facilitate the operation of DT Refuel mobile application ("DT Refuel") functions in Zhejiang.
  • CPPEI is the only decision supporting institute of The China National Petroleum Corporation ("CNPC"), a major state-owned oil and gas corporation in China.
  • "The joint operation with CNPC' decision making institution in Zhejiang demonstrates FGS' market value and leading position," said Mr. Shenping Yin, co-founder and CEO of Recon.
  • "The joint operation with CPPEI will further improve our current operation solution," said Mr. Yang Song, founder of FGS.

One step closer: NASA and Collins Aerospace advance technology for safe operation of unmanned aircraft in the National Airspace System

Retrieved on: 
Thursday, February 13, 2020

Collins Aerospace invested in a series of prototype radios to house the waveform for NASA's flight tests.

Key Points: 
  • Collins Aerospace invested in a series of prototype radios to house the waveform for NASA's flight tests.
  • *
    "CNPC is critical to maintaining positive control of UAS in complex operations within national airspace, such as flights beyond visual line of sight or above 500 feet.
  • "Our CNPC-5000 data links provide the reliable, safe and secure connection needed to maintain control of unmanned aircraft at all times while operating in the complex environment of controlled airspace."
  • Along with the CNPC-5000, Collins Aerospace continues to invest in other critical technologies that will facilitate the integration of UAS into the NAS.

First Franchised KFC Restaurants Being Launched in Sinopec and CNPC Gas Stations in China

Retrieved on: 
Thursday, December 19, 2019

SHANGHAI, Dec. 18, 2019 /PRNewswire/ --Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC) today announced the opening of their first franchised gas station restaurants in collaboration with both China Petrochemical Corporation ("Sinopec") and China National Petroleum Corporation ("CNPC").

Key Points: 
  • SHANGHAI, Dec. 18, 2019 /PRNewswire/ --Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC) today announced the opening of their first franchised gas station restaurants in collaboration with both China Petrochemical Corporation ("Sinopec") and China National Petroleum Corporation ("CNPC").
  • These openings follow an announcement made at Yum China's Investor Day in March 2019 declaring that Yum China would develop franchised restaurants at Sinopec and CNPC gas stations across China.
  • Meanwhile, in Dalian, Liaoning Province, the first KFC franchised restaurant in a Sinopec gas station is set to open its doors on December 23, 2019.
  • At present, Sinopec and CNPC collectively operate over 50,000 gas stations in China, of which more than 30,000 belong to Sinopec and more than 20,000 belong to CNPC.

CNOOC Limited Announces Appointment of Chairman and Chairman of the Nomination Committee

Retrieved on: 
Monday, November 18, 2019

Mr. Wang no longer serves as Vice Chairman of the Board with effect from 18 November 2019.

Key Points: 
  • Mr. Wang no longer serves as Vice Chairman of the Board with effect from 18 November 2019.
  • The Board would like to take this opportunity to offer Mr. Wang its sincere congratulations on his appointment as the Chairman of the Company.
  • From January 2004 to September 2008, he was appointed as Assistant President of China National Petroleum Corporation ("CNPC") and Vice Chairman of CNODC.
  • Mr. Wang has been appointed as Chairman of the Board and Chairman of the Nomination Committee of the Company with effect from 18 November 2019.

Ideanomics' Mobile Energy Group and Petro China Announce Strategic Partnership to Develop Clean Energy Fuel Stations in Nanjing, China

Retrieved on: 
Friday, September 13, 2019

PetroChina is the world's third largest oil company and plays a leading role in energy distribution throughout China.

Key Points: 
  • PetroChina is the world's third largest oil company and plays a leading role in energy distribution throughout China.
  • Under the terms of the agreement, MEG and PetroChina will establish a joint venture to construct new energy fuel stations and begin converting existing gas stations into hybrid stations.
  • "We are extremely pleased to be working with a major global energy supplier such as PetroChina on the future of energy needs for automotive transportation.
  • China National Petroleum Corporation (CNPC) is an integrated international energy company which distributes fuels under the PetroChina brand.

Recon Technology Announces Future Gas Station's Tripartite Strategic Agreement for Smart Gas Station Project

Retrieved on: 
Monday, July 8, 2019

BEIJING, July 8, 2019 /PRNewswire/ -- Recon Technology, Ltd. (Nasdaq: RCON) ("Recon" or the "Company"), aChina-based independent solutions integrator in the oilfield service, environmental protection, electric power and coal chemical industries, today announced the Company's 43%-owned subsidiary, Future Gas Station (Beijing) Technology, Ltd. ("FGS"), has entered into a deep cooperation agreement for smart gas stations (the "Agreement") with Zhejiang sales branch of PetroChina Co. Ltd. ("Zhejiang CNPC") and Alipay (Hangzhou) Information Technology Co., Ltd ("Alipay") to cooperate on a smart gas station project (the "Project").

Key Points: 
  • BEIJING, July 8, 2019 /PRNewswire/ -- Recon Technology, Ltd. (Nasdaq: RCON) ("Recon" or the "Company"), aChina-based independent solutions integrator in the oilfield service, environmental protection, electric power and coal chemical industries, today announced the Company's 43%-owned subsidiary, Future Gas Station (Beijing) Technology, Ltd. ("FGS"), has entered into a deep cooperation agreement for smart gas stations (the "Agreement") with Zhejiang sales branch of PetroChina Co. Ltd. ("Zhejiang CNPC") and Alipay (Hangzhou) Information Technology Co., Ltd ("Alipay") to cooperate on a smart gas station project (the "Project").
  • We hope that these efforts can help highlight FGS' cutting age operational and technological capabilities as we work hard to promote the viability of smart gas stations."
  • We are so inspired by the Agreement as it is the best return for our persistence and hard work exploring effective smart gas station solutions.
  • Recon Technology, Ltd.(RCON)isChina'sfirst non-state-owned oil and gas field service company listed on NASDAQ.

Recon Technology Enters Into Sales Representation Agreement With Valvitalia S.p.A.

Retrieved on: 
Tuesday, June 25, 2019

Pursuant to the terms of the Agreement, Valvitalia has granted Recon the exclusive right to sell Valvitalia products to CPECC, a Chinese subsidiary of China National Petroleum Corporation ("CNPC") and specialized in oil engineering, manufacturing, construction and lump-sum contracting.

Key Points: 
  • Pursuant to the terms of the Agreement, Valvitalia has granted Recon the exclusive right to sell Valvitalia products to CPECC, a Chinese subsidiary of China National Petroleum Corporation ("CNPC") and specialized in oil engineering, manufacturing, construction and lump-sum contracting.
  • Mr.Shenping Yin, co-founder and CEO of Recon, stated, "We are proud to collaborate with the industry-leading Valvitalia.
  • We plan to promote Valvitalia valves and other products to CPECC' oilfield projects around the world as we endeavor to provide the highest possible level of service to our oil field clients.
  • Recon Technology, Ltd.( RCON )isChina'sfirst non-state-owned oil and gas field service company listed on NASDAQ.

Dutch Court Upholds $5.2 Billion Asset Freeze On Major Kazakhstan Oil Field

Retrieved on: 
Tuesday, May 7, 2019

Other members of the consortium include Eni, Royal Dutch Shell, Total, ExxonMobil, China National Petroleum Corporation, and Inpex.

Key Points: 
  • Other members of the consortium include Eni, Royal Dutch Shell, Total, ExxonMobil, China National Petroleum Corporation, and Inpex.
  • The Dutch court also found that because the purpose of the attached shares was commercial in nature, Samruk was not entitled to rely on the state immunity defense.
  • The Stati parties acquired two companies in 1999 that held idle licenses in the Borankol and Tolkyn fields in Kazakhstan.
  • They invested more than US$1 billion over the ensuing decade to turn the companies into successful exploration and production businesses.

Dutch Court Upholds $5.2 Billion Asset Freeze On Major Kazakhstan Oil Field

Retrieved on: 
Tuesday, May 7, 2019

Other members of the consortium include Eni, Royal Dutch Shell, Total, ExxonMobil, China National Petroleum Corporation, and Inpex.

Key Points: 
  • Other members of the consortium include Eni, Royal Dutch Shell, Total, ExxonMobil, China National Petroleum Corporation, and Inpex.
  • The Dutch court also found that because the purpose of the attached shares was commercial in nature, Samruk was not entitled to rely on the state immunity defense.
  • The Stati parties acquired two companies in 1999 that held idle licenses in the Borankol and Tolkyn fields in Kazakhstan.
  • They invested more than US$1 billion over the ensuing decade to turn the companies into successful exploration and production businesses.