China | Egypt Oil & Gas - Part 20

China Cancels $6b Uranium Plant over Public Protests

China's plan to build a $6b uranium processing plant in the southern province of Guangdong was canceled after about a thousand people took to the streets demanding the project was scrapped over public health and envi ...

Saudi Arabia Drops Oil Prices for Asian Markets

Saudi Arabia reduces its Arab Light grade price for September-loading cargo to Asian markets by $1.30 a barrel, as Russia and Iraq gain momentum in the race to dominate oil exports to the Asian continent.

Egypt Signs Solar Power MOU with China’s TBEA

Egypt has signed a memorandum of understanding (MOU) with Chinese company TBEA to construct a new 1,000 MW solar energy power plant.

Chinese Workers to Construct Kenya’s $2b Coal Power Plant

A number of 1,400 Chinese workers are to be hired through the Chinese developer, contracted by Amu Power Company, for the construction of Kenyan Lamu's coal power plant worth $2b.

Egypt Negotiates LNG Imports

The Egyptian government is in negotiations with the states, that are involved in a joint-cooperation agreement with Egypt and own LNG companies, to supply Egypt’s LNG requirements for two years.

China’s Crude Oil Output Slips in First Half of 2016

According to the National Development and Reform Commission (NDRC), China’s crude oil output dropped by 4.8% year-on-year –to 100.45m tons in H1 of 2016.

Chinese Sinopec to Develop Iran’s Yadavaran Oil Field

Iranian Executive Director of Yadavaran Oilfield development project, Hadi Nazarpour, announced that the Chinese Sinopec Group is to undertake Phase II development of the field.

China, Egypt Start EETC Project Operations

The largest transmission lines project in Egypt’s history, the Egyptian EETC 500kV Transmission Lines Project (EETC Project), a cooperative venture between China Electric Power Equipment and Technology Co. Ltd (CET) ...

Egypt, China to Finalize Coal-Fired Plant Contract

Egypt's Ministry of Electricity and Renewable Energy is expected to endorse the final contract to establish a coal-fired power plant with China’s Shanghai Electric when Egypt’s President Abdel Fattah El Sisi visits C ...

China’s Sinopec Closes 500 Gas Stations, Refineries over Flooding

The massive flooding in China, that is reported to be the country’s worst since 1998, has forced the largest oil company in Asia, Sinopec, to close 500 gas stations and shut down some refinery facilities in the south ...

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