英闻天下——186 CNPC to Boost Overseas Oil, Gas Production

 　　China's top oil and gas producer said overseas operations will take a much larger share of its overall output as the company continues to expand abroad.

 

　　The China National Petroleum¹ Corp or CNPC produced around 110 million tonnes of oil equivalent through overseas operations last year.

 

　　That output accounted for nearly 40 percent of its total oil and gas output.

 

　　Revenues from overseas business made up 39 percent of the company's total.

 

　　The Chinese oil giant staged a shopping spree with two major overseas acquisitions in 2012.

 

　　The company bought a 10.2 percent stake in a natural gas project for 1.6 billion U.S. dollars from the Australian mining company BHP Billiton.

 

　　Two days later, it paid nearly 2.2 billion USD to partner with Canadian natural gas producer Encana to develop shale-gas fields in northern British Columbia.

 

　　The company plans to continue its fast expansion for at least two more years.

 

　　Some media reports suggest the company is now in negotiations² to pay 50 billion USD to buy stakes in a massive oil field in Iraq from Exxon Mobil.

 

　　For more on CNPC's ambition abroad, we now cross live to CRI's financial commentator³, Cao Can.

1 petroleum   

n.原油，石油

参考例句：

• The Government of Iran advanced the price of petroleum last week.上星期伊朗政府提高了石油价格。
• The purpose of oil refinery is to refine crude petroleum.炼油厂的主要工作是提炼原油。

2 negotiations   

协商( negotiation的名词复数 )； 谈判； 完成（难事）； 通过

参考例句：

• negotiations for a durable peace 为持久和平而进行的谈判
• Negotiations have failed to establish any middle ground. 谈判未能达成任何妥协。

3 commentator   

n.注释者，解说者；实况广播评论员

参考例句：

• He is a good commentator because he can get across the game.他能简单地解说这场比赛，是个好的解说者。
• The commentator made a big mistake during the live broadcast.在直播节目中评论员犯了个大错误。