China | Egypt Oil & Gas - Part 37

China’s Petroleum Leadership, Target of Sector Reforms

China is preparing to shuffle the leadership of its biggest oil companies, helping clear a path in a crucial area of the economy for President Xi Jinping as he plans his overhaul of the nation’s bloated state sector

China to Cut Special Subsidies for Shale Operations

China will cut special government subsidies for shale gas developers in the next five years even as the country encourages explorers to produce more clean energy such as natural gas to replace coal.

Greece Calls on China for Offshore Oil, Gas Exploration

Greece invited Chinese firms on Monday to bid in a Greek tender for deep-sea oil and gas exploration later this year after Athens extended the bidding process in March.

China’s Peace Pipeline to Carry Iran Gas Across Pakistan

China has signed a deal with Pakistan to construct a pipeline to take Iran’s gas at border and take it across the country to the southern port of Gwadar.

China’s POLY-GCL to start gas in Ethiopia

Ethiopia expects Chinese firm POLY-GCL Petroleum Group Holdings Ltd to begin drilling for natural gas in development blocks in the southeast by June or July, the mines minister said.

Tehran in Talks with Beijing to Increase Oil Sales

An Iranian delegation is in Beijing this week to push for more oil sales and discuss Chinese oil and gas investments in Iran, just days after Tehran and world powers reached a framework nuclear deal,

China Hopes for US Style Shale Oil Boom

In the coming decade, China's natural gas market is expected to undergo robust growth fueled by a number of environmental and economic drivers. A much discussed natural gas strategy for China is to develop its shale ...

Chinese Solar-Powered ACs to Help UAE Balance Electricity Costs

Gree Electric Appliances said it has introduced the world’s first solar variable refrigerant flow (VRF) air-conditioners in the UAE.

Post-Scandal Petrobras to Receive Chinese Help

Petroleo Brasileiro SA, the world’s most indebted oil producer, is bolstering ties to China as a corruption scandal has shut the company out of international bond markets.

$1.5Bn Egypt-Sudan Deal Includes Energy-Related Industries

Two MoUs expected shortly between Union and the Sudanese Free Zones & Markets

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