China National Petroleum Corp

China National Petroleum Corp, a leading buyer of Venezuelan oil, has halted August loadings following the latest set of U.S. sanctions on the South American exporter, two Beijing-based senior sources with direct knowledge of the matter told Reuters on Monday.

A businesswoman ranked as one of the 50 wealthiest in China has been ousted from a senior political organisation, with state media on Friday pointing to her links to a former high-ranking official facing graft allegations.

ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), said on Thursday that it has temporarily shut down its oilfields in South Sudan following escalation of violence in the world's youngest nation.

China has launched a broad investigation into safety at oil and gas pipelines, state media reported on Monday, as the death toll from an explosion at a Sinopec pipeline last week rose to 52.

Brazil sold production rights to develop the giant offshore Libra oil area to a consortium led by Brazilian state-run oil company Petroleo Brasileiro SA in an auction with a single bid on Monday.

The deal transferring the stake in the Kashagan offshore oilfield was signed yesterday during the visit of Chinese President Xi Jinping to the energy-rich Central Asian nation, industry sources said.

Oil and Natural Gas Corp's (ONGC) $5 billion deal to acquire US energy giant ConocoPhillips' stake in a Kazakhstan oil field is likely to fall through as India hasn't been able to convince the Central Asian nation to approve the transaction.

China National Petroleum Corp, a leading buyer of Venezuelan oil, has halted August loadings following the latest set of U.S. sanctions on the South American exporter, two Beijing-based senior sources with direct knowledge of the matter told Reuters on Monday.

A businesswoman ranked as one of the 50 wealthiest in China has been ousted from a senior political organisation, with state media on Friday pointing to her links to a former high-ranking official facing graft allegations.

ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), said on Thursday that it has temporarily shut down its oilfields in South Sudan following escalation of violence in the world's youngest nation.

China has launched a broad investigation into safety at oil and gas pipelines, state media reported on Monday, as the death toll from an explosion at a Sinopec pipeline last week rose to 52.

Brazil sold production rights to develop the giant offshore Libra oil area to a consortium led by Brazilian state-run oil company Petroleo Brasileiro SA in an auction with a single bid on Monday.

The deal transferring the stake in the Kashagan offshore oilfield was signed yesterday during the visit of Chinese President Xi Jinping to the energy-rich Central Asian nation, industry sources said.

Oil and Natural Gas Corp's (ONGC) $5 billion deal to acquire US energy giant ConocoPhillips' stake in a Kazakhstan oil field is likely to fall through as India hasn't been able to convince the Central Asian nation to approve the transaction.