China | Egypt Oil & Gas - Part 27
Iran Resumes Petchems Exports to Europe
Iran has resumed petrochemical exports to Europe for the first time in five years and received payments through an international bank in Spain, previously blocked under the 2011 sanction regime.
Egypt Lures Chinese Investment in Electricity, Transportation
An Egyptian-government committee has decided on a series of projects in electricity generation, construction, and transportation designated for bilateral cooperation with China, which will be offered to the Chinese d ...
Chinese Company Finishes Drilling Gas Appraisal Wells in Ethiopia
Chinese firm POLY-GCL Petroleum Group Holdings has finished drilling two appraisal wells in Ethiopia's southeast and will soon know the size of gas deposits there. Gas production may starts this year.
Ethiopia Installs Green Energy Water Pumps to Isolated Rural Communities
Ethiopia’s Ministry of Water, Irrigation and Electricity announced that water pumps powered by "Green Energy" were being supplied to isolated rural communities in the country, which do not have access to the national ...
Sinopec Starts Production in Fuling Shale Gas Project
China's Sinopec, Asia's largest oil refiner, has started production in the first phase of its Fuling shale gas project in the Sichuan Basin of a southwest province with an annual capacity of 5bcm.
China to Develop Iran’s North Azadegan Oil Field
Tehran has commissioned China National Petroleum Corporation (CNPC) to develop the second phase of the North Azadegan oilfield project in Iran with a production output of up to 75,000 b/d.
China Establishes AIIB, Potential Rival to WB
The China-led Asian Infrastructure Investment Bank has been established end December as a potential rival to the World Bank and the Asian Development Bank - expected to be operational already in early 2016.
GE Wins $15.5b Hydropower Plant Contract in China
General Electric Co. has won a $15.5b contract to supply turbines to Wudongde hydropower plant being built in China.
