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[Nov. 27, 2014]  China Huanqiu Contracting and Engineering Corporation (HQC), a subsidiary of China National Petroleum Corporation (CNPC) and one of the largest engineering companies in China, celebrated the opening of its USA branch HQC USA LLC on Wednesday in Houston.Th
[Sept. 30, 2014]  szenergy.biz will stop updating during Oct 1st to 7th.
[Aug. 7, 2014]  China has halved the quantum of shale gas it expects to produce by 2020 after early exploration efforts to unlock the unconventional fuel proved challenging, according to an industry website and a government source.China, believed to hold the world’s l
China Exploration
[Nov. 28, 2014]  Chinese conglomerate petroleum Sinopec has set up shop in Cameroon after earlier undertaking oil and gas exploration in the country through a subsidiary, Addax Petroleum. Sinopec, the largest oil and gas group in China, will now trade under the name
[Nov. 28, 2014]  Design part of giant’s move to a model featuring mixed ownershipPetroChina Co Ltd, the country’s top oil and gas producer, plans to sell 35 percent stakes in two of its major oilfields to private investors, in an attempt to introduce mixed ownership of it
[Nov. 26, 2014]  China National Offshore Oil Corporation (CNOOC) has started production at the Xijiang 24-1 district joint development project.The Huizhou 25-8 oil field/Xijiang 24-3 oil field project, located in the Pearl River Mouth Basin of the South China Sea, lies in
China Refining
[Nov. 28, 2014]  China is likely to become a net exporter of oil products this year as domestic refiners continue to request export quotas, said international commodities data provider Platts.In an unprecedented development, China became exactly balanced in oil products t
[Nov. 28, 2014]  Design part of giant’s move to a model featuring mixed ownershipPetroChina Co Ltd, the country’s top oil and gas producer, plans to sell 35 percent stakes in two of its major oilfields to private investors, in an attempt to introduce mixed ownership of it
[Nov. 28, 2014]  Global market weakness could lead to further reductions, say industry expertsRetail fuel prices are expected to be cut for a ninth consecutive time since July on Saturday as the government reacts to declining international crude prices, industry sources s
China Biofuels, Green Energy
[Oct. 24, 2014]  Two years ago, a Boeing 787 Dreamliner became the first biofuel-powered aircraft to cross the Pacific Ocean. It was actually running on a biofuel/regular jet fuel mix, with the biofuel derived mainly from used cooking oil. Now, in the interest of ensuring
[Oct. 23, 2014]  Boeing and Commercial Aircraft Corp. of China (COMAC) opened a demonstration facility that will turn waste cooking oil, or "gutter oil," into sustainable aviation biofuel on Wednesday.Boeing and COMAC are sponsoring the China-U.S. Aviation Biofu
[Oct. 23, 2014]  China has opened a demonstration facility converting waste cooking oil, or gutter oil, into sustainable aviation biofuel in a project sponsored by Boeing and Commercial Aircraft Crop of China (COMAC), Boeing announced Wednesday."Strong and continuing
China Gas , LNG / LPG
[Nov. 28, 2014]  CLP Power has proposed a price hike much lower than the 11.8 percent earlier predicted, Poon Wai-yin, managing director of CLP Power Hong Kong Ltd Paul, said on Thursday. Poon said the proposed electricity tariff rise for next year had already been sub
[Nov. 28, 2014]  Blue Sky Power Holdings has entered into a memorandum of understanding (MOU) to invest in Triple Energy Ltd and the company’s coalbed methane (CBM) project in Heilongjiang, China.According to the MOU, Waypost Ltd, a 60%-owned subsidiary of the Bl
[Nov. 28, 2014]  China LNG Group has entered into a framework agreement with Sinopec Fuel Oil Sales Corporation Limited (Shanghai) relating to cooperation in the development of LNG refuelling stations and the application of LNG heavy-duty trucks in the People’s R
China Pipelines
[Nov. 28, 2014]  For years, the idea for the Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline has remained just that – an idea. With an estimated cost of $10 billion, the theoretical pipeline would transit 33 billion cubic meters (bcm) of Turkmenistan gas ove
[Nov. 27, 2014]  The construction of eastern and western gas pipelines from Russia to China will not lead to a decrease in gas supplies to Europe, Russian Economic Development Minister Alexey Ulyukayev said on Wednesday.“The construction of eastern and western gas p
[Nov. 26, 2014]  China Petroleum and Chemical Corp (Sinopec), Asia’s largest refiner, will invest 28.1 billion yuan (US$4.58 billion) over three years to address safety concerns related to oil pipelines in the wake of a series of deadly explosions over the past few years,
China Terminals & Storage
[Nov. 27, 2014]  Chinese oil and gas company Sinopec has opened a new commercial crude storage base in Hainan province, southern China, reports Reuters.The facility has reportedly received its first crude shipment of 100,000 tonnes, roughly 5% of its tank space, despite t
[Nov. 27, 2014]  China’s Sinopec opened a new 16-million-barrel commercial crude storage base in southern China’s Hainan province last week, receiving a first crude shipment of 100,000 tonnes, or roughly 5 percent of its tank space, the state energy group said
[Nov. 26, 2014]  China’s Sinopec opened a new 16-million-barrel commercial crude storage base in southern China’s Hainan province last week, receiving a first crude shipment of 100,000 tonnes, or roughly 5 percent of its tank space, the state energy group said.The start-u
China Petrochemical
[Nov. 24, 2014]  Six industrial clusters in the Urumqi state high-tech industrial zoneUrumqi state high-tech industrial zone adheres to the strategies of transforming competitive resources and playing the role of a state high-tech industrial zone to promote and lead relat
[Nov. 21, 2014]  China  has established the first phase of its strategic oil reserves with a crude storage capacity of 12.43 million metric tons, the National Bureau of Statistics said on Thursday in an online statement.The first phase has four oil bases, one eac
[Nov. 21, 2014]   China made its first official announcement about the country’s strategic petroleum reserve (SPR) on Thursday, saying the first phase of the government emergency stockpile is storing about 91 million barrels of crude oil, or about nine days of oil us
China Commodities
[Nov. 28, 2014]  South Korea’s exports of refined oil products rose 16% year on year by volume in October, the biggest increase in 21 months.However, many of the sales were done on a spot basis, at lower prices than in previous months, as the country’s refiners drew down
[Nov. 25, 2014]  Low oil prices, US shale gas and China’s polyethylene could pose a challenge to the Gulf region’s petrochemical industry, Qatar’s Energy and Industry Minister Mohammed Saleh Al Sada said. "One must not forget the potential impact of China’s ...
[Nov. 21, 2014]  China and India will account for about 35% of global oil trade in the next 10 to 15 years, according to predictions by  Harald Lone, Chairman and CEO of Newport Shipping Group. Many traditional global shipbuilding patterns are in flux with the prolif
China Finance & Acquisition
[Nov. 28, 2014]  Global market weakness could lead to further reductions, say industry expertsRetail fuel prices are expected to be cut for a ninth consecutive time since July on Saturday as the government reacts to declining international crude prices, industry sources s
[Nov. 27, 2014]  Blue Sky Power Holdings Limited  (or "the Company", together with its subsidiaries, the "Group", HKSE stock code: 6828) is pleased to announce that the Company entered into a Memorandum of Understanding ("MOU") on 25 Nov
[Nov. 26, 2014]  China hoarded the least diesel in almost four years as refiners in the world’s second-largest oil consumer sought to keep stockpiles lean amid falling prices.Diesel inventories declined by almost 5 percent in October from the previous month, China O
China Govt & Regulatory
[Nov. 28, 2014]  Chinese conglomerate petroleum Sinopec has set up shop in Cameroon after earlier undertaking oil and gas exploration in the country through a subsidiary, Addax Petroleum. Sinopec, the largest oil and gas group in China, will now trade under the name
[Nov. 28, 2014]  China’s release of an energy strategy blueprint for the next six years has caused a stir among industry observers, with some voicing surprise at the long list of ambitious targets.The State Council, China’s cabinet, unveiled an ‘action p
[Nov. 27, 2014]  Firms see communication with the public, investors as way to cut riskMore Chinese companies are realizing the importance of disclosing environmental information to the public and investors, turning risks into opportunities against the backdrop of climate
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