United Energy Group
Industry | Oil & gas |
---|---|
Number of locations | China, Pakistan, Iraq, Egypt, Dubai |
Website | uegl |
The United Energy Group (UEG) (SEHK: 467) is a Chinese oil & gas exploration and production company. The company pursues projects in Pakistan and Indonesia and is looking into further investment options in South East Asia and the Americas.
Corporate affairs[edit]
UEG is a Hong Kong listed company but controlled by Zhang Hongwei, a majority shareholder in mainland China, who owns 71.7% of the company.[1][2]
China[edit]
The company undertook a joint venture with the China National Petroleum Company to develop the Liaohe EOR Project in Liaoning, China until it announced termination of the project in 2016.[3]
Pakistan[edit]
External links[edit]
References[edit]
- ^ "Zhang Hongwei profile". Telegraph. October 10, 2013.
- ^ "United Energy posts 18.9 per cent rise in interim profit as output offsets lower oil prices". South China Morning Post. August 7, 2015.
- ^ "United Energy scraps Liaohe EOR project". China Daily. February 26, 2016.