Tue, July 07, 2009

Iraq oil, gas auctions

China's oil majors mull bids for Iraq oil

China's three major oil companies are thinking of participating in Iraq's second auction of oil and gas fields later this year, in a move to get a better foothold in the country's oil industry. Full story

FACTBOX

Chinese invest-ments in commo-dities, energy sectors

The following are some major Chinese investments in the commodities and energy sectors this year:

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First bidding round

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Chinese investments in commodities, energy sectors

2009-07-07 05:41:19 GMT SINA.com July 3 - Canada's Teck Resources said on Friday it will sell a 17.2 percent equity stake to state-owned China Investment Corp through a private placement that will raise C$1.74 billion and help the miner pay down debt.

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2009-07-01 18:52:17 GMT SINA.com It was for one of the biggest energy auctions in history that well-heeled executives braved the dust and danger of Baghdad this week to jet in and deliver bids for lucrative long-term oilfield contracts. Skip related content

Iraqi cabinet reviews new oil bids

2009-07-01 11:42:20 GMT Xinhua English BAGHDAD, June 1 (Xinhua) -- The Iraqi cabinet held a meeting on Wednesday to discuss new bids submitted by foreign oil firms to develop the country's oil and gas fields, an official said.

Britain's BP, Chinese oil firm win Iraq deals

2009-07-01 00:41:56 GMT SINA.com BAGHDAD – British energy giant BP and China's CNPC International Ltd were unveiled Tuesday as the first foreign firms in decades to win contracts to invest and develop in Iraq's war-battered energy sector.

Second bidding round

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China's oil majors mull bids for Iraq oil

2009-07-07 01:17:40 GMT China Daily China's three major oil companies are thinking of participating in Iraq's second auction of oil and gas fields later this year, in a move to get a better foothold in the country's oil industry.

Iraq expects more from second energy auction

2009-07-04 20:47:13 GMT SINA.com The Iraqi government is hoping that a second major auction of oil and gas fields later this year will help revive a struggling oil industry where a first auction this week fell short, a government spokesman said. Skip related content

Iraq brings forward 2nd oil sale, goes alone on gas

2009-07-02 20:35:56 GMT SINA.com BAGHDAD, July 2 - Iraq plans to bring forward a second bidding round for major energy contracts and may give foreign firms another run at oilfields that were left over after this week's sale, which clinched only one deal.

Iraq to move up second energy bidding round

2009-07-02 18:54:55 GMT SINA.com BAGHDAD - Iraq plans to bring forward a second bidding round for major energy contracts, a spokesman said on Thursday, and it may also give foreign firms another chance to bid for oilfields that were not awarded during an energy auction this week.

Iraqi PM dissatisfied with energy auction results

2009-07-01 21:07:12 GMT SINA.com BAGDHAD (AP) -- The Iraqi prime minister said Thursday that his government was not satisfied with the meager results of the first international oil bidding round but insisted it would not stop future plans to develop Iraq's dilapidated energy industry.