Beijing. China Petrochemical Corp., or Sinopec Group, and BP PLC are in talks to cooperate in shale gas exploration and development in China, Sinopec said Monday.
"The talks are going smoothly," Sinopec said in its official newsletter, "this move could accelerate development in unconventional oil and gas fields with the help of foreign advanced conception and technology."
Sinopec has charted 2,000 square kilometers in Kaili, Guizhou province, in southwestern China and 1,000 square kilometers in Huangqiao, Jiangsu province, in eastern China as potential cooperation blocks, it said.
Reported by Cristina Gallardo, write to
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Tags:
Related information
- Siemens selected as main electrical contractor for natural gas liquids fractionation plant
- GE Wind Blade Tour Pulls Into Iowa as a Symbol of Potential Job Creation if the Right Federal Policy
- CBM Asia Updates Results of Coalbed Methane Exploration Well in South Sumatra
- Chevron Acquires Shale-Gas Exploration Rights In Poland
- FOGL trying to tempt Chilean companies to join Falklands’ oil exploration
- Eastern Petroleum in talks to set up ethanol plants in Philippines
