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China National Petroleum Corporation

China National Petroleum Corporation latest

State-owned China National Petroleum Corporation (CNPC), one of the country’s “big three” producers, holds an 80% stake in Phase 11 after French major Total’s withdrawal in August 2018 in response to US sanctions.
September 5th, 2019 - 07:27 GMT

Iran, China Update $400 Billion of Chinese Investment Deal

Iran and China have updated a 25-year deal signed first in 2016 that foresees $400 billion of Chinese investment in the resource-rich Middle Eastern nation, well-regarded energy industry publication the Petroleum Economist reports. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-3…","video_id":"332b5940-4475-4223-8145-3ae1440e586c","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"Top 10 countries in the world to visit"} The update came during a visit at the end of August by Iranian Foreign Minister Mohammad Javad Zarif to Beijing where his Chinese counterpart State Councilor Wang Yi called ...
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