April 18, 2021

China’s largest oil group CNPC refutes subsidiary’s role in 1MDB money-laundering scandal

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By Georgina Lee From South China Morning Post The pipeline project unit of China’s state-owned oil and gas giant says funds from China’s EximBank were paid only to its own bank accounts China Petroleum Pipeline Engineering (CPP), a unit of China’s state-owned oil and gas giant China National Petroleum Corp, had refuted a media report […]

China firm seeks state financing for $5.5 bln Caribbean oil project

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By Chen Aizhu | BEIJING From Reuters Nov 2 Commodity trader Guangdong Zhenrong Energy Co. Ltd is in talks to secure funding for a $5.5 billion plan to upgrade a Caribbean oil refinery and build a natural gas terminal, giving China a foothold in a strategic oil hub. The project, which the state-owned firm aims […]

Tethys Petroleum Limited Press Release: 2015 Annual Results

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GRAND CAYMAN, CAYMAN ISLANDS–(Marketwired – March 29, 2016) – Tethys Petroleum Limited (TSX:TPL)(LSE:TPL) today announced its Annual Results for the year ended December 31, 2015. Corporate Highlights – 2015 Extension of the Akkulka Exploration Contract for another four years, from March 10, 2015 to March 10, 2019; Extension of the Kyzyloi Gas Production Contract confirmed […]

Tethys Petroleum Limited: Third Quarter 2014 Financial Results and Activity

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GRAND CAYMAN, CAYMAN ISLANDS — (Marketwired) — 11/14/14 — Tethys Petroleum Limited (“Tethys” or the “Company”) (TSX:TPL)(LSE:TPL) today announced its Third Quarter 2014 Financial Results and activity update. Financial Highlights — Loss for the period from continuing operations USD2.4 million (Q3: 2013 USD4.9 million), a decrease of 51% — Basic & diluted loss per share […]