China’s CNOOC Starts Liuhua 29-2 Natural Gas Field Production
CNOOC Limited has started natural gas production from Liuhua 29-2 field in the eastern South China Sea, according to CNOOC’s press release.
China | Egypt Oil & Gas - Part 5
Sinopec Seeks Carbon Neutrality by 2050
China’s Sinopec Corporation seeks to be carbon neutral by 2050, aligning with its short term strategy focused on natural gas development and a long term pivot to hydrogen, according to Reuters.
QP, Sinopec Signs a 10-Year LNG SPA
Qatar Petroleum (QP) signed a 10-year Sale and Purchase Agreement (SPA) for liquified natural gas (LNG) with China Petroleum and Chemical Corporation (Sinopec) for the supply of 2 million tons per year (mmt/y) of ...
Iraq Negotiates to Build Oil Storage in China
The Iraq’s Oil Minister, Ihsan Abdul Jabbar, said that his government is going into advanced negotiations with the Chinese companies to establish oil storage facility in China seeking to boost its oil sales to Asi ...
Saudi Arabia Keeps To Rank as Oil Supplier to China in 2020
Saudi Arabia, which is the largest oil exporter in the world, keep its ranking as the first oil supplier for China during 2020, beating Russia .
China’s Oil Throughput Decreases to 14.9 mmbl/d in December
Chinese oil productivity has gradually declined by 0.5% reaching 14.9 million barrels per day (mmbl/d) in December 2020 after recording a high in November. While the country’s total crude proceeded during 2020, ju ...
China Oil Imports Records 542.39 MMT in 2020
According to data issued by the General Administration of Customs, the total China’s oil imports during 2020 reached 542.39 million tons
Sinopec Establishes First Phase of Weirong Gas Field
The Chinese Sinopec company announced the establishment of the first phase of a new shale gas field, Weirong, in southwestern Sichuan at a production capacity estimated at 1 billion cubic meters of natural gas per ...
Eni Signs Energy Cooperation MoU with China
Eni’s Chief Executive Officer (CEO), Claudio Descalzi, and the Director General of the International Cooperation Center of the National Development and Reform Commission (ICC-NDRC), Huang Yong, signed a Memorandum ...
South Pars Starts Drilling Operations at Phase 11
Iran began drilling operations at phase 11 of the South Pars oil field last week with aim of recovering natural gas in March 2021.
