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Industry Headlines
[Dec. 5, 2014]  PetroChina has teamed up with Sinochem Corp to tap shale gas from five blocks in the southwest of China, the state-run companies said.The two firms, together with State Development and Investment Corp (SDIC) and a local company, have jointly set up Cho
[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] will stop updating during Oct 1st to 7th.
China Exploration
[Dec. 19, 2014]  CNOOC Ltd, the third-largest oil producer in China, says it is still exploiting the $2 billion oilfield in Kingfisher, Uganda, although global oil prices have plunged recently.A company spokesman told the Wall Street Journal that both the road construc
[Dec. 18, 2014]  Kazakhstan’s national oil and gas company KazMunaiGas (KMG) and the China National Petroleum Corporation (CNPC) will jointly work on increasing the oil recovery and utilization of the accompanying gas at fields in southern Kazakhstan. The agreement
[Dec. 17, 2014]  Maldives today said it is in talks with two Chinese companies for oil exploration in the Indian Ocean island nation. Maldives’ Minister of Fisheries and Agriculture Dr Mohamed Shainee said that discussions would be held with two companies in China regar
China Refining
[Dec. 19, 2014]  Refiners in China, the world’s second-biggest oil consumer, processed near-record volumes of crude last month as global prices slumped to the lowest level in five years amid a glut.Refiners increased crude processing by 5.5% from a year earlier to 4
[Dec. 19, 2014]  Independent oil refiners in eastern China, responsible for some 30% of the nation’s refining capacity, are confident of survival despite major headwinds, according to a just-released instalment of a 5-part series looking at the capabilities and stra
[Dec. 19, 2014]  As the world’s most-populous country, China is also the world’s largest producer and consumer of energy. It has the world’s second-largest economy and one of the fastest-growing economies, with the International Monetary Fund (IMF) expec
China Biofuels, Green Energy
[Dec. 12, 2014]  China’s ambitious plan to lower pollution by adopting five million electric cars is running into a problem—a lack of charging stations.Eddy Wu, a Shanghai resident, bought a plug-in hybrid because the car was eco-friendly, subsidized by the go
[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
China Gas , LNG / LPG
[Dec. 19, 2014]  Changfeng Energy Inc., is pleased to announce that, further to its press release dated November 23, 2011, the Company has entered into a natural gas purchase and sale agreement (the "Agreement") with PetroChina Company Ltd. ("PetroChina&quo
[Dec. 19, 2014]  As the world’s most-populous country, China is also the world’s largest producer and consumer of energy. It has the world’s second-largest economy and one of the fastest-growing economies, with the International Monetary Fund (IMF) expec
[Dec. 19, 2014]  The Asian Development Bank (ADB) has signed loans of up to US$450 million equivalent to help the People’s Republic of China (PRC) increase its use of natural gas for transport.“Traffic volumes have been rising fast in the PRC, resulting in air
China Pipelines
[Dec. 19, 2014]  Turkmenistan saw its lead over other providers of pipeline gas to China narrow slightly in October. Turkmenistan delivered 1.81 bcm of pipeline gas to China in October, a decline of 23.9% month on month and 21.0% year on year, according to Chinese
[Dec. 11, 2014]  The country’s biggest gas transporter APA Group has sealed its largest acquisition, agreeing to pay $US5 billion ($6 billion) for the recently built pipeline in BG Group’s liquefied natural gas project in Queensland and buying its way into the growth LNG
[Dec. 9, 2014]  ENGINEERS were last night repairing a pipeline leak in the Pudong New Area carrying highly flammable naphtha.Emergency services created an 80-meter radius cordon around the leak in the Sinopec Shanghai Gaoqiao Co pipeline, said the local authorities.Sinop
China Terminals & Storage
[Dec. 8, 2014]  One of the world’s leading integrated oil and gas providers, French company Total SA also puts heavy effort into helping promote cleaner, more efficient mobility in China, the world’s largest automobile market and energy consumer."Sustainable mobilit
[Dec. 4, 2014]  Gazprom and China National Petroleum Corporation (CNPC) plan to develop cooperation in the sphere of underground gas storage in China to ensure reliable natural gas supplies from Russia, the Russian state-controlled energy giant said in a statement follow
[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
China Petrochemical
[Dec. 19, 2014]  PetroChina Guangxi Petrochemical Company is using UOP process technology to purify hydrogen at a new refining complex in Qinzhou, Guangxi Province, China.UOP LLC, a Honeywell (NYSE: HON) company, announced today that PetroChina Guangxi Petrochemical Compa
[Dec. 17, 2014]  The Asian propylene-naphtha spread slid $38.63/mt, or 17.8%, day on day to a six-year low of $178/mt last Friday, Decdember 12, as excess supply, sliding oil prices and weaker demand in the region hit the propylene market.The spread was last lower on F
[Dec. 17, 2014]  Mitsui Chemicals and China Petroleum & Chemical have announced the startup of one of the world’s largest EPT (ethylene-propylene-dieneterpolymer) plant for a single train under their joint venture, Shanghai Sinopec Mitsui Elastomers.EPT, whi
China Commodities
[Dec. 10, 2014]  New trade and investment agreements between Ireland and China have been signed as part of Irish President Michael Higgins’ 9-day visit to China. The Tuesday morning ceremony has seen a pair of deals signed in the education and environment sectors.The
[Dec. 9, 2014]  The unexpected decline in import of crude oil and commodity price of China but the trade surplus climbed.Overseas shipments rose 4.7 percent from a year earlier, missing the 8 percent median estimate in a . Imports fell 6.7 percent, compared with projecti
[Dec. 9, 2014]   China’s monthly imports of most major commodities rose in November on favourable prices and stockpiling, although a gloomy outlook for steel dragged iron ore arrivals down to their second lowest this year.Year-on-year comparisons were, however, lack
China Finance & Acquisition
[Dec. 18, 2014]  Growth in demand for refined oil products in China has collapsed in 2014, with the world’s largest economy showing only a 1.1% increase over the past 12 months, a new study by the country’s largest energy analysis business shows.The authoritative ICIS
[Dec. 18, 2014]  Natural gas consumption growth in China is estimated at 9 percent this year, the first time that expansion has been in the single-digit range since 2007, experts said on Wednesday.During the 13th Five-Year Plan (2016-20), consumption will rise only abo
[Dec. 17, 2014]  The Chinese government has been criticized for pocketing the benefit of lower crude prices by raising fuel taxes when prices at the pump were cut, reports NetEase’s business news portal.On Dec. 12, the country’s Ministry of Finance raised the fuel sale
China Govt & Regulatory
[Dec. 19, 2014]  In a muddy clearing in southern Sumatra, a portable diesel power plant hammers away alongside a wellhead, struggling to extract crude from a depleted reservoir that lies below farmland and rubber plantations.It was much easier to extract cash from a state
[Dec. 19, 2014]   The contract for the delivery of Russian gas to China is not detrimental for any side, even despite mutual discounts, Russian President Vladimir Putin said Thursday.“As for the contract with China, it is not detrimental. I want to stress, both
[Dec. 18, 2014]  Premier Li Keqiang is on the road, the Silk Road, to Kazakhstan this week as China seeks to increase its sway in a region long dominated by Russia.Li’s trip is the first by a top Chinese official to any country on the ancient trade route since last month’
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