tonne

China discovers 100m tonne oilfield in Bohai Sea

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RIYADH: China’s CNOOC Ltd. has made a major oilfield discovery in the Bohai Sea, adding over 100 million tonnes of oil equivalent proved in-place volume, the state-owned oil and gas giant said on Monday. The discovery was made at the Qinhuangdao 27-3 oilfield located in the north-central waters of the Bohai Sea, the company said in … Read more

Aramco raises LPG contract prices for February by $10 per tonne

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RIYADH: The Saudi Arabian Oil Co., also known as Saudi Aramco, on Wednesday raised the official selling prices for propane and butane in February by $10 a tonne from the previous month, according to an official statement. Aramco’s February OSP for propane is $630 per tonne, while price for butane has been set at $640 … Read more