We oppose any other country's oil and gas exploration activity in the waters under China's jurisdiction and hope relevant foreign company do not involve itself in the South China Sea dispute.

我们一贯反对任何其它国家在中国管辖的海域进行油气勘探开发活动，希望有关外国公司不要卷入南海争议。

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British company says it's discovered oil off the Falkland Islands in the South Atlantic, the second such find this year.

一家英国公司表示，他们在南大西洋的福克兰群岛发现了石油。这是今年第二次类似的发现。

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British exploration company says it has discovered oil off the Falkland Islands in the South Atlantic - the second such find this year.

一家英国勘探公司称，在南大西洋福克兰群岛海域发现油田——这是本年度发现的第二个油田。

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The Iraqi cabinet approved a preliminary agreement that will create a joint venture between the state-run South Oil Company and Royal Dutch Shell to develop natural-gas resources in the Basra region.

ECONOMIST: Business this week

President Chavez is an ardent promoter of the concept of a South American oil company, which could include the state-owned companies of Venezuela, Argentina, Brazil and Bolivia.

BBC: NEWS | Business | Argentina, Venezuela in oil deal

Sinopec, the Chinese oil giant, and the National Iranian Oil Company (NIOC) signed an agreement to explore oil in Zavareh, Kashan, 205 kilometers south of Tehran.

CENTERFORSECURITYPOLICY: Center For Security Policy