China | Egypt Oil & Gas - Part 24
China’s Wind Power Generation Expected to Triple by 2030
The wind power installed capacity in China will increase from approximately 149GW in 2015 to over 495GW by 2030, representing a Compound Annual Growth Rate (CAGR) of 9%, according to research and consulting firm Glob ...
Brazil’s Petrobras Signs Credit Line with China Exim Bank
Brazil's state-run oil firm Petrobras signed a preliminary deal with the Chinese lender China Exim Bank for a $1b loan, before originally planned as its debt service costs surge in the coming years amid the worst oil ...
Chinese Firm to Build Cambodia’s First Oil Refinery
An engineering unit of China National Petroleum Corporation (CNPC) won a $620m contract to build Cambodia's first oil refinery. The refinery is located in Cambodia's southwestern Preah Sihanouk province.
Russia Gets Funding for Gas Plant from China
Two Chinese state banks have agreed to lend more than $12b to develop a Liquefied Natural Gas (LNG) plant in the Russian Arctic, in a boost for one of Russian President Vladimir Putin’s flagship projects. Russia Ups Oil Exports to China
Russia exported 6.8m ton of crude oil to China in the first quarter of this year, First Deputy Energy Minister Kirill Molodtsov said, adding that the ministry expects more growth.
China Offers Nigeria $6b Loan to Fund Infrastructure
After months of talks, China has offered Nigeria a loan worth $6b to fund infrastructure projects, according to the Nigerian foreign ministry.
Vietnam Demands China to Move Oil Rig From Disputed Waters
Vietnam’s government said it had demanded China to remove an oil exploration rig from the Gulf of Tonkin, an area where the countries are still negotiating a delineation of control. Vietnam calls on China to stop com ... BP, CNPC Ink Shale Gas Exploration Contract in China
The London-based explorer BP and China National Petroleum Corp. have signed a Production Sharing Contract (PSC) for shale gas exploration, development and production in the Neijiang-Dazu block in the Sichuan Basin, C ...
