Shell, Sinopec launch US$187m service venture
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Anglo-Dutch oil giant Royal Dutch/Shell and China Petroleum and Chemical Corp (Sinopec Group) have launched a US$187-million service station joint venture, the companies said.
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The leading Linux publisher Red Hat is heading east opening its first business centre in China&#39;s Beijing. The centre will offer Red Hat Academy training free to students and will work in partnership with Tsinghua
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LONDON : Royal Dutch/Shell announced plans to boost investment in exploration and production, making the replacement of its reserves a top priority as it seeks to restore battered investor confidence.
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Scandal-hit oil giant Royal Dutch/Shell  will invest $45 billion over three years to boost reserves and  production but its shares fell on disappointment it did not  extend a stock buyback program.
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Red Hat Inc. is opening this week its first office in China, as part of its effort to tap demand for low-cost software in developing markets.
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China's top oil firm, PetroChina, is expected to raise more than $9bn (Â£4.88bn) for its listing on the Shanghai Stock Exchange.
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ExxonMobil Chemical Technology Licensing LLC and S-Oil Corporation today  announced the successful start-up of ExxonMobil's PxMax technology at  S-Oil's Onsan refinery and chemical complex in South Korea.
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ANGLO-Dutch oil group Royal Dutch Shell yesterday said it would invest $45bn over three years to boost reserves and production as it battles to shake off the scandal of its reserves over-booking.
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According to fdi.gov.cn: On September 4, the Ministry of Commerce (MOFCOM) approved the FDI increment project of Shanghai Donghua Petrochemical Co., Ltd., a wholesaler of oil and oil products.  (c) 2006 Info-Prod Research (Middle East). Provided by ProQuest Information and Learning.
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PetroChina, Chinaâs largest oil and gas producer, said it planned to make an initial public offering of shares in Shanghai that may be Chinaâs largest, raising more than $9 billion.
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Chinese oil firm Sinopec unveils a large-scale restructuring to increase its petrol stations and petrochemical plants.
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The Anglo-Dutch oil giant Shell today sought to draw a line under its reserves scandal by announcing plans to spend $15bn (Â£8.4bn) a year to replenish reserves and develop production in its oil and gas business.
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LONDON, England -- Royal Dutch/Shell plans to boost exploration and production in a bid to restore confidence in the scandal-hit oil giant.
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IBM, which revolutionised the global computer industry when it launched its first desktop in 1981, has sold its PC business to a Chinese group in a $1.75bn (Â£900m) deal, it was confirmed today.
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In Chinaâs largest domestic initial public offering so far, PetroChina, Chinaâs biggest oil and gas conglomerate, said it raised $8.93 billion.
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Anglo-Dutch energy company Royal Dutch-Shell will boost capital spending to $15 billion a year during 2004-06 to build proven reserves.
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BP Plc hopes to take advantage of China's growing clout in the global energy market by jointly tapping oil and gas reserves with Chinese companies in foreign countries, state media said.