China | Egypt Oil & Gas - Part 9

China’s Oil Imports Surge 25% in July

China’s Crude oil imports jumped 25% during July for a year ago as a result of a huge amount of purchases made in April after oil prices drop as well as clearing customs of some cargoes which delayed at ports in J ...

China’s Oil Imports Set Second Consecutive Record

China’s June crude oil imports rose by a third from the same period in 2019, which represents the second consecutive straight monthly production record following the arrival of the second batch of April’s cheap oi ...

BP, ENN Sign Natural Gas Supply Agreement 

BP has signed a gas supply agreement with the Chinese energy company ENN Group (ENN), to support the growing energy demand in China’s southern Guangdong region.

Natural Gas Treatment Station Begins Operations in China

A natural gas treatment station situated in Akemomu Gasfield has started operations on the Pamir Plateau, with the aim of providing more natural gas for southern Xinjiang.

China’s Refinery Output Rises 8.2% YoY in May

China’s crude oil throughput in May rose 8.2% YoY following independent refiners increasing production in response to the growing fuel demand as coronavirus lockdown restrictions ease.

China to Shut Down Smaller Refineries, Build Giant Complex  

China’s Shandong will go ahead with plans to shut down smaller, independent oil refineries with a combined capacity of 500,000 barrels per day (bbl/d) to make way for a giant complex that should aid economic recov ...

China’s Crude Imports Reach Record Levels

China’s crude imports exponentially increased last month to an all-time high of 11.34 million barrels per day (mmbbl/d), a 15% rise from April’s levels and 160,000 barrels per day (bbl/d) higher than the previous ...

China Makes Breakthrough in Deep Water Gas Exploration 

A submarine pipeline at a depth of 1,542 meters has been successfully completed at the Lingshui 17-2 gas field in the South China Sea which could promote the exploitation of deep-water gas resources.

China’s Crude Imports to Increase by 2% in 2020

China’s crude oil imports are expected to increase by 2% in 2020 due to the drop in oil prices.

Gazprom Starts Work on Siberia-2 Pipeline

Russia’s gas major Gazprom has started a feasibility study for its Power of Siberia-2 pipeline project.

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