Kosun solids control system for oil drill rig

On September 22, CNPC Chairman paid a visit to President of Venezuela. They exchanged views on further promoting oil and gas cooperation between CNPC and Venezuela's oil sector.

On July 29, CNPC Chairman Zhou Jiping met with ExxonMobil Senior Vice President Mark W. Albers in Beijing. The two sides had in-depth and fruitful talks and inked important agreements.

Statoil announced in January that the partners in Snohvit LNG plant would make a possible investment decision on the second train toward the end of 2013, and the new facility could be expected to be online in 2018, at the earliest.

On April 6 in Sanya, Hainan Province, CNPC President had an audience with President of the Republic of the Union of Myanmar U Thein Sein, who is attending the Boao Forum for Asia 2013. The two sides had a friendly and in-depth conversation.

On April 6 in Sanyawitnessed by Chinese President Xi Jinping and Kazakh President Nursultan Nazarbayev, CNPC President and KazMunayGas representative signed an agreement on the principles regarding expansion of the Kazakhstan-China Crude Pipeline.

In a move supported by both the New England Fuel Institute and the Petroleum Marketers Association of America new legislation has been introduced to solidly clamp down on the potential for excessive speculation in the oil markets.

The annual average regular-grade gasoline retail price, which averaged $2.78 per gallon in 2010, will increase to $3.56 per gallon in 2011, and will average $3.54 per gallon in 2012, the Energy Information Administration (EIA) predicted.

CNPC Chairman Zhou Jiping signed a long-term agreement on increasing oil deliveries with Rosneft President and Chairman of the Management Board Igor Sechin.

On June 6, CNPC Chairman Zhou Jiping called on Ecuadorian Vice President Jorge Glas in Quito, Capital City of the South American country. They had an extensive and in-depth discussion on promoting oil and gas cooperation between the two sides.

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