China | Egypt Oil & Gas - Part 6

ENOC Renews Agreement with Meisheng on Lubricant Distribution in China

ENOC group stated that it has renewed its agreement with Meisheng Investment Development company for another five years, to supply and distribute its lubricant products in China

Sinopec Begins Establishment of Carbon Capture Project in East China

China Petrochemical Corporation (Sinopec) has started the construction of carbon capture utilization and storage (CCUS) project in east project, the company announced on Monday.

China’s Refinery Production Surges 19.7% in March

China’s oil production recorded increase by 19.7% in March compared to the previous year after the refineries has intensified their operations to meet the fuel demand and build up a stock.

Sinopec to Start Operation of Its First Hydrogen Project by 2022

The Chinees Sionpec company announced about its tendency to start operation of its hydrogen in the Inner Mongolia region by 2022.

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.

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 ...

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