CNPC

China is pushing into Eastern Europe (and so is Korea)

Attracted by a welcoming investment climate and driven by its Belt and Road Initiative, China is the largest investor in East Central Europe by some measure. But keep your eyes out for Korea also as its investment levels in the region are surging.

February 29, 2020

CNPC extends spree with $2.6bn Peru deal

CNPC's deal to buy Brazilian firm Petrobras’ oil and gas exploration and production assets in Peru comes after China's leaders emerged from their third plenary session.

November 14, 2013

VTB and CNPC sign memorandum of understanding

Russia's VTB and China National Petroleum are set to sign an agreement that will forge closer business ties between the bank and China's major oil company, and will strengthen trading links between the two countries.

October 01, 2013

CNPC and Hess sign mainland shale gas deal

The two companies have agreed a production sharing deal to exploit shale resources in northwest China.

July 25, 2013

CNPC pushes out $2 billion bond to fund offshore forays

China's biggest oil company hits offshore markets with a triple tranche deal and is warmly welcomed by investors despite Fitch's China downgrade.

April 10, 2013

China won’t miss Chavez’s mismanagement of oil industry

The loss of one of the world’s most prominent socialist leaders is less important to China than the billions it has invested in Venezuelan oil.

March 07, 2013

Societe Generale to repatriate proceeds of dim sum bond

French bank Societe Generale lends the proceeds of its renminbi bond to a China subsidiary, while CNPC uncorks big demand for its dual-tranche dollar bond.

April 15, 2012

Asian borrowers stampede into dollar bond market

PCCW, Hong Leong Bank, Shenzhen International and CNPC rush to sell dollar bonds on Thursday as market activity picks up after the Easter break.

April 12, 2012

CNPC underwhelms with $1.85 billion debut bond

CNPC (HK) Overseas’ $1.85 billion bond falls short of the $3 billion expected, while its 30-year bonds rally sharply, prompting criticism of mispricing.

April 25, 2011

CNPC (Hong Kong) raises $480 million of new capital

Investors flock to the deal believing it is a precursor to asset injections from controlling shareholder PetroChina.

November 30, 2009