News-energychinaforum
SZ Energy News: Industry News, Stories Analysis and Editorial
Get Free SZ’s Newsletter
News2-shale gas
NEWS ALERTS
Get SZ's China industry news in your inbox each day. It's free. Subscribe Today.
Industry Headlines
[Jan. 21, 2015]  China’s energy giant PetroChina is willing to engage in cooperation in extracting oil and gas as well as other natural resources in the Arctic region, said a high-ranking official of the company on Monday.Sun Xiansheng, president of the CNPC Economics and
[Dec. 31, 2014]  ECF International Shale Gas Forum 20155th Asia Shale Gas Summit & APAC Unconventional Resources EXPO   Best Unconventional Energy Event in APAC   New Normality • New
[Dec. 31, 2014]   ECF International Shale Gas Forum 20155th Asia Shale Gas Summit & APAC Unconventional Resources EXPO Best Unconventional Energy Event in APAC New Normality • Ne
China Exploration
[Jan. 21, 2015]   The location of oilfields in Texas. Provided to China Daily  After attending an introduction meeting in Beijing, He Xiaohua decided to invest in an acquisition project for five
[Jan. 21, 2015]  China’s energy giant PetroChina is willing to engage in cooperation in extracting oil and gas as well as other natural resources in the Arctic region, said a high-ranking official of the company on Monday.Sun Xiansheng, president of the CNPC Economics and
[Jan. 20, 2015]  The slump in oil prices has triggered a flurry of Chinese investment in oil wells, in a bid to get a high return from the black gold.Global House Buyer, a Beijing-based services provider to Chinese overseas investors, said on Saturday that the company now
China Refining
[Jan. 22, 2015]  Chinese state-controlled oil firm Sinopec’s overseas crude output growth increased in 2014, but only gas output growth surpassed its targets for the year.Crude output was up by 8.5pc to 988,000 b/d in 2014, led by a 132pc rise in overseas output to 137,00
[Jan. 22, 2015]  A crude oil pipeline and a deepsea port designed to secure an alternative route for Chinese imports overland through Myanmar are both set to open at the end of January.An affiliated refinery in China is months away from completion, according to reports.Th
[Jan. 22, 2015]  Sinopec Corp, Asia’s largest refiner, said it processed 1.48 percent more crude oil in 2014 than a year earlier, but diesel production fell over 4 percent as a slowing economy hit demand for the fuel used for transport and construction.Sinopec, also China
China Biofuels, Green Energy
[Jan. 13, 2015]  Australia-based Algae.Tec will bring its algae-biodiesel technology into China. This story from Proactive Investors says Algae.Tec will issue a $500,000 convertible bond to China Finance Strategies Investment Holdings (CFS), with another $5 million in con
[Jan. 12, 2015]  Costa Rica’s National Oil Refinery, RECOPE, is set to start a new feasibility study on a Chinese-funded oil refinery in the Caribbean province of Limón, according to a statement from Casa Presidencial.News of the agreement came as Costa Ri
[Dec. 26, 2014]  The East is Green. Asia is confirmed as “the new Brazil” as project developers head en masse to the friendly receptions in Asian countries — based on energy diversification and rural development opportunities.Whether you look at financin
China Gas , LNG / LPG
[Jan. 22, 2015]   Wartsila, a power and equipment provider to the marine and energy sectors, said on Wednesday it would supply reliquefaction and gas handling systems for four LNG carriers being built in China.The carriers, being built by the Hudong-Zhongua Shipbuild
[Jan. 22, 2015]  Chinese state-controlled oil firm Sinopec’s overseas crude output growth increased in 2014, but only gas output growth surpassed its targets for the year.Crude output was up by 8.5pc to 988,000 b/d in 2014, led by a 132pc rise in overseas output to 137,00
[Jan. 22, 2015]  Chinese President XI Jinping has probably had one of the busiest first two years of any Chinese president. Days after he became the president of China, he visited Russia and East Africa in his first-ever state visits, strongly focusing on energy. He then
China Pipelines
[Jan. 20, 2015]  Ashgabat has opened a new transport route that will connect East and West. And if for Turkmenistan it is not yet possible to break into the western market in the energy field, in the transport sector it has much more obvious successes. China today is also
[Jan. 16, 2015]  External pressures on Russia’s oil and gas industry have compelled the country to seek partnerships with Asia-based companies to help with the production and marketing of its vast hydrocarbon resources, according to research and consulting firm Glob
[Jan. 14, 2015]  Early last month, Russian President Vladimir Putin announced that South Stream, a proposed gas pipeline from Russia to Europe, would be cancelled. One country that could benefit from the cancellation is Turkmenistan. A country that holds almost 10 percent
China Terminals & Storage
[Jan. 20, 2015]  For China’s shipyards, the oil rig market that was supposed to be a blessing is in danger of becoming a curse.As crude prices slide, oil producers are slashing new project spending. With a near 40 percent slice of a global market worth tens of billions of
[Jan. 19, 2015]  A gas station exploded in northeast China’s Dalian city on Saturday evening, local authorities said.The number of the casualties is unknown.The explosion occurred in Jinzhou district of Dalian at around 7 p.m., and the fire fighting brigade is trying to p
[Jan. 15, 2015]   The 3.5mn t/yr Zhuhai LNG import terminal in southern China has received a rare cargo from Equatorial Guinea.The cargo, which loaded at the 3.7mn t/yr EGLNG export plant in early December, was delivered on 4 January from the 170,000m? Hoegh Gallant.
China Petrochemical
[Jan. 21, 2015]  China’s LPG demand is set expand in 2015 as low prices encourage consumers to shift from natural gas and two propane dehydrogenation plants launch operations, but growth could slow on fears of poor petrochemical margins.Apparent demand for LPG over Januar
[Jan. 21, 2015]  China’s oil industry will rebound in 2015 from the lowest growth this century, a new report predicts. However, rising demand may not be enough to pull some parts of the country’s struggling refining industry out of trouble, and international market partic
[Jan. 15, 2015]  The central government has for the first time set up an electricity tariff setting mechanism for natural-gas-fired power plants, which would enhance transparency of price setting and stability of returns for power producers using the cleaner-burning fuel.
China Commodities
[Dec. 26, 2014]   China’s commercial crude oil stocks went down 1.83 percent by the end of November from a month earlier, while stocks of refined oil products dropped 2.4 percent, according to data monitored by Xinhua News Agency.In November, China imported 25.41 mil
[Dec. 23, 2014]  China imported 25.41 million metric tons of crude oil in November, or about 6.2 million barrels a day, the Hong Kong-based China Customs Statistics Information Centre said Monday, citing data from China’sGeneral Administration of Customs.China imported
[Dec. 23, 2014]  China’s crude imports from Iraq C-IMP-IQCN-MTH rose in the first ten months of the year by nearly a quarter to 23.49 million tons (566,387 barrels per day), compared with the same period of 2014.This year, Iraq was unable to deliver full contract
China Finance & Acquisition
[Jan. 22, 2015]  The International Monetary Fund (IMF) has cut its forecasts for China’s GDP growth this year and next as the global economic rebound plateaus, despite a sharp drop in oil prices.The Washington-based Fund expects mainland GDP growth to slow to 6.8 pe
[Jan. 22, 2015]  The Toronto stock market closed little changed as better than expected Chinese economic data for the last quarter helped take some of the sting out of a global economic downgrade by the International Monetary Fund.Energy stocks continued to weigh on the T
[Jan. 21, 2015]  China’s apparent oil demand rose 5.15 percent in December from a year earlier, to 10.631 million barrels per day according to data compiled by Bloomberg.==========================================================================   &nbs
China Govt & Regulatory
[Jan. 21, 2015]  A new price structure unveiled by Beijing to help gas-fired power generators pass on rising fuel costs to customers does not go far enough to address problems facing the sector, industry insiders have told Interfax.The on-grid electricity tariff paid to g
[Jan. 20, 2015]  China will continue to prioritise natural gas supplies for residential users and public transport in 2015 as rapid growth in consumer demand has resulted in shortages in the market, the country’s powerful state planning commission said on Monday. High sea
[Jan. 15, 2015]  Beijing will stop charging the taxi fuel surcharge following an oil price drop, the municipal commission of development and reform said on Wednesday.Starting from Thursday, passengers will not pay the one-yuan (0.16 U.S. dollar) per trip fuel surcharge th
Contact SZ
5F, 417 Yuyao Rd.,
Shanghai, 200042, China
Tel: (86 21) 54383583
Email: info@szenergy.biz
ICP 07002695