Shell Acquires Full Control of Chinese JV
Royal Dutch Shell has acquired full control of a joint venture (JV) in China pertaining to gas stations in an effort to double down on the Chinese fuel retailing market.
China | Egypt Oil & Gas - Part 8
CNOOC to Increase Natural Gas in Energy Mix to 50% by 2035
China's largest offshore oil and gas producer, the China National Offshore Oil Corporation (CNOOC), will raise the share of natural gas from the current 21% to 50% by 2035 in order to reach their carbon neutral ta ...
China’s Crude Import Rise 2.1% in September
China’s crude oil imports rose 2.1% in September month-on-month (MoM) as delayed cargoes finally cleared customs after months of port congestion cleared and onshore storage capacity was increased.
CNOOC Commences Production at Jinzhou Oilfield
China National Offshore Oil Corporation announced on 28 September that Jinzhou 25-1 oilfield 6/11 area had commenced production.
CNOOC Commences Production at Liuhua Joint Oilfield
China National Offshore Oil Corporation (CNOOC) has announced that Liuhua 16-2 oilfield/ 20-2 oilfield joint development project has commenced production.
Gazprom Supplies China with 2.3 bcm in 8 Months
Russia’s state-owned gas company, Gazprom, supplied 2.3 billion cubic meters (bcm) of gas to China via the Power of Siberia gas pipeline in the first half of 2020.
China’s Crude Imports Rise 13% YoY
China, The world’s largest crude importer, has seen a 13% rise in crude imports year-on-year (YoY) following the arrival of sizeable orders that have now arrived after congestion at the ports.
Sinopec Awards Qatargas 10-year LNG Tender
China’s state-run oil and gas company, Sinopec Corporation, has awarded a 10-year tender to buy 1 million tonnes of liquefied natural gas per year from Qatargas.
Gazprom Supplies 1 BCM of Gas to China
Alexander Ivannikov, Head of Gazprom's Financial and Economic Department, announced that Gazprom was the sole supplier of 1 billion cubic meters of gas to China in Q2 2020 via the Siberia pipeline.
SPIC to Acquire Stake in 2 Power Plants in Brazil
China’s State Power Investment Corporation (SPIC) will acquire a 33% stake in two Brazilian plants in the largest power project fueled by super-chilled liquefied natural gas (LNG) from Gas Natural Acu (GNA).
