[Feb. 27, 2012] China's Sinopec found oil in shale rocks in the central Henan basin, the site of pioneering explorations for the unconventional fuel, an industry paper reported. Sinopec [0386.HK 8.72 ...
[Feb. 27, 2012] Chevron Corp. said it began exploring for shale gas in China, holder of the world's biggest reserves of the fuel, and expects to start a natural gas processing plant in the country next year. &ld...
[Feb. 15, 2012] China’s state-owned majors are exporting the bulk of natural gas output in Sichuan Province to the energy-hungry east coast of the country, causing local industry to endure major gas shortages, officials and industry experts have told Interfax.
[Feb. 14, 2012] China’s Jiujiang Petrochemical, a subsidiary of Sinopec, plans to build an 80,000 tonne/year ethylbenzene/styrene monomer (EB/SM) plant at Jiujiang city in Jiangxi province, a company source said on Monday.The project will cost yuan (CNY) 663m ($105
[Jan. 16, 2012] Ivanhoe Energy Inc has signed a Memorandum of Understanding to sell its 90% PI in the PSC for the Zitong block in China’s Sichuan basin to Shell China Exploration and Production Company Ltd for $160 million.Asset highlights:•Block consists of d
[Jan. 13, 2012] Canadian heavy oil producer Ivanhoe Energy Inc. has signed a memorandum of understanding concerning the sale of its stake in the Sichuan Basin’s Zitong Block to Royal Dutch Shell plc’s Chinese unit (Shell) for $160 million, Ivanhoe Energy announced on Wed
[Dec. 23, 2011] One person was missing and another injured after an explosion early Thursday morning at China National Petroleum Corp,’s (CNPC) Qionglai-1 gas well in Sichuan Province, CNPC said in a statement issued the same day.
[Dec. 23, 2011] China National Petroleum Corp., the nation’s largest oil company, said a fire at its Qionglai gas well in the southern province of Sichuan is “under control.”An explosion caused the fire at 3:30 a.m. today and left one person missing and
[Dec. 22, 2011] A gas well in southwestern China’s Sichuan province caught fire and exploded early on Thursday morning, China National Petroleum Corp (CNPC) said in a report on its website.One person was missing and one was lightly injuried, the top Chinese oil and gas p
[Dec. 9, 2011] China is reporting discoveries of major shale gas reserves in its western Sichuan region, a development that could drastically boost its domestic supplies of natural gas and temper demand for imports.State-owned China National Petroleum Corp. has found sh
[Dec. 8, 2011] ROYAL Dutch Shell has found shale gas in China, prompting fears that the country could develop enough domestic supply to limit imports of liquefied natural gas. An official at PetroChina, Shell’s partner in the region, told Reuters that results from two w
[Nov. 24, 2011] Luzhou City, a major chemical production base in central China’s Sichuan Province, is on the brink of exhausting its natural gas reserves, a government official confirmed to Interfax Nov. 23.
[Nov. 16, 2011] Sichuan Province’s 12th Five-Year Energy Plan calls for investment of RMB 103 billion ($16.22 billion) in natural gas development, Sun Lei, an oil and gas exploitation professor with the Southwest Petroleum University, told Interfax Nov.15.
[Nov. 14, 2011] Gas piped through the Sino-Myanmar pipeline is set to be distributed in Panzhihua City in southern Sichuan Province by a subsidiary of Hong Kong-listed Kunlun Energy Co. Ltd
[Nov. 11, 2011] A third pipeline linking the Daniudi Gasfield with the Yulin-Jinan pipeline network went on-line Nov. 7, boosting the gasfield’s annual transmission capacity to 3.5 billion cubic meters (bcm), China Petrochemical Corp.’s (Sinopec Group), the field’s opera
[Nov. 9, 2011] Construction has begun on a pipeline spur that will link Xinyang City in Henan Province to the 2nd West-East Pipeline (WEP II), Hongchang Gas Pipeline Engineering Co. Ltd. (Hongchang Gas), a local gas distributor, announced Nov. 8.
[Nov. 2, 2011] Sichuan Tianyi Science and Technology (600378) reported it won a bid from China Gas Turbine Establishment worth 159 million yuan, equivalent to 32.5 percent of the listed company’s revenue in 2010, reports yicai.com, citing the company’s annou
[Oct. 28, 2011] Shanghai. October 27. INTERFAX-CHINA - Anhui Provincial Gas Co. Ltd. (Anhui Gas) has agreed to relocate a section of the Jiangbei Link pipeline, ending a dispute concerning the land on which the section is built, a source with Anhui Gas told Interfax Oct.
[Oct. 26, 2011] Shanghai. October 25. INTERFAX-CHINA - Shenzhen Stock Exchange-listed Sinoma Science & Technology Co. Ltd. (Sinoma), a fiber composite product manufacturer, has signed a strategic cooperation agreement with the Xinjin county government in Chengdu, cap
[Oct. 24, 2011] China Petrochemical Corp. (Sinopec Group) has agreed to build a liquefied natural gas (LNG) plant in Langzhong City, Sichuan Province, a local government official told Interfax Oct. 21.
[Sept. 26, 2011] PetroChina (NYSE: PTR), China’s largest oil company, is looking to produce 1 billion cubic meters of shale gas in China’s Sichuan province by 2015, a lofty goal considering the company currently produces no shale gas.China has only just begun to tap what
[Sept. 22, 2011] The second phase of Jiangxi Province’s natural gas pipeline network has started limited operations, according to a terse statement released by the Jiangxi Energy Bureau (JEB) Sept. 21.
[Sept. 20, 2011] September 19, A natural gas field in Sichuan province belonging to China Petroleum & Chemical Corp. (Sinopec, 600028.SH, 0386.HK), Asia’s largest oil refiner, has been proven to hold 159.3 billion cubic meters (bcm) of reserves, the official People’s
[Sept. 19, 2011] Energy giant Sinopec has discovered a natural gas field with around 160 billion cubic meters of proven reserves deposited nearly 7 kilometers underground, a company subsidiary said Saturday.The Yuanba gas field in Sichuan province is the deepest ever gas
[Sept. 16, 2011] Two of China’s gas giants, sometimes described as rivals though both are unambiguously state-owned entities, are aggressively pursuing natural gas projects in Guangyuan City, Sichuan Province, a local energy official said Sept. 15.
[Sept. 13, 2011] China Knowledge reported that Hong Kong listed natural gas services operator China Gas Holdings Ltd has entered into a cooperation framework agreement with Hubei Province Natural Gas Development Co.Pursuant to the agreement, China Gas and Hubei Province N
[Sept. 13, 2011] China National Petroleum Corp. (CNPC) broke ground Sept. 8 on a natural gas pipeline linking seven cities in Hunan Province to a branch of the 2nd West-East Pipeline (WEPII), state media reported Sept. 9.
[Aug. 24, 2011] East China’s Jiangxi Province has broken ground on a RMB 5 billion ($781 million) natural gas complex in northern Jiujiang City, the Jiangxi arm of the National Development and Reform Commission (NDRC) told Interfax on Aug. 23.
[Aug. 24, 2011] The Luojiazhai Gasfield in Chongqing Municipality is expected to produce three billion cubic meters (bcm) of natural gas per year once it goes on-line in 2012, state media reported Aug. 22.
[Aug. 23, 2011] Changfeng Energy Inc., a natural gas distribution utility, has announced that it is developing a new project on Mainland China along the Second West-East Pipeline in Xiangtan City, Hunan Province. The Company set up a joint venture company, Xiangtan Chang
[Aug. 22, 2011] Changfeng Energy Inc, a natural gas distribution utility operating in China, announced that it is developing a new project on Mainland China along the Second West East Pipeline at Xiangtan City in Hunan Province.Xiangtan City has a population of approxima
[Aug. 22, 2011] China National Petroleum Corp. (CNPC) has discovered 600 billion cubic meters (bcm) of shale gas reserves in Yibin City’s Junlian County, Sichuan Province, state media reported Aug. 18.
[Aug. 19, 2011] China National Petroleum Corp. (CNPC) has discovered 600 billion cubic meters (bcm) of shale gas reserves in Yibin City’s Junlian County, Sichuan Province, state media reported Aug. 18.
[Aug. 16, 2011] Shanghai Stock Exchange-listed Hubei Energy Group Co. Ltd. (Hubei Energy) plans to raise RMB 3.25 billion ($508.43 million) via a private placement to further fund construction of four natural gas pipelines in central China’s Hubei Province, the firm anno
[Aug. 11, 2011] China Petroleum & Chemical Corp (Sinopec) will start up a new 160,000-barrels-per-day crude processing unit in Aug at its Changling plant in central China, an industry source said on Aug 10.
[Aug. 5, 2011] Jiangxi Province’s Shangrao City is updating its gas pipeline network to receive natural gas from the 2nd West-East Pipeline (WEP II), the Shangrao city government said Aug. 4.
[Aug. 3, 2011] China City Natural Gas Co. Ltd (CCNG) has won exclusive 30-year rights to construct and operate gas pipelines in Jing’an County of Yichun City, Jiangxi Province, its parent company China Oil & Gas Group announced Aug. 1
[Aug. 3, 2011] Xilian Natural Gas Group (XNGG), a producer and distributor of liquefied natural gas (LNG), plans to invest about RMB 1.5 billion ($232.92 million) in the second and third phases of an LNG processing plant in Shaanxi Province’s Jingbian County, a company
[Aug. 1, 2011] Sinopec Luoyang Petrochemical will be shut down all units for 45-day maintenance on Aug 31, a source with the company said. The company will cut daily crude throughput by 3% in August, the source added. It would keep relatively high crude runs before the
[Jul. 28, 2011] Hubei Energy Group (000883), the largest power generation enterprise in Hubei province, plans to raise up to 3.25 billion yuan from a private placement of a maximum of 443.5 million shares at not less than 7.33 yuan per share, reports National Busin
[Apr. 1, 2011] China completed its first horizontal shale gas well, after 11 months of drilling, as the world’s biggest energy consumer seeks to tap its reserves of the cleaner-burning fuel.
The Wei 201-H1 well at the Weiyuan formation in the Sichuan Basin has a 1-kilometer (0.6-mile) horizontal section at a depth of about 3 kilometers, according to China National Petroleum Corp.’s online newsletter today.
[Feb. 21, 2011] China has raised the prices of gasoline and diesel by 350 yuan per tonne. The adjustment is the first this year and comes into effect on Feb 20.The increase would lift the benchmark retail price of gasoline by 0.26 yuan per liter and diesel by 0.3 yuan per liter.
[Jan. 10, 2011] Anhui Guotong Hi-Tech Pipes Industry predicts that it will generate a net profit of 4.45 million yuan in 2010, compared to a loss of 86.16 million yuan it suffered in 2009, reports stcn.com, citing a company filing.The company capitalized on the economic recovery and the nationwide infrastructure construction to return to profit.
[Jan. 7, 2011] Shanghai－－Sinopec Jingmen Petrochemical in Central China plans to double daily LPG output to about 1,000mt around Jan 8, as it restarted a gas fractionation unit on Jan 5 after maintenance, said a source with the refinery.Larger LPG supply from Jingmen Petrochemical may dampen local prices, which have lately surged on stronger demand and less supply amid maintenance in Jiujiang Petrochemical and Jingmen Petrochemical.
[Dec. 22, 2010] Shanghai－－Sinopec Wuhan Petrochemical is expected to refine 320,000mt of crude in March 2011, about 24% lower than the normal level, according to a refinery source.The refinery would shut a 400,000-mt/yr hydrogen unit for 20-day maintenance from Mar 10, the source said.
[Dec. 9, 2010] ZHENGZHOU -- At least 13 people on Tuesday were killed after a gas explosion at a coal mine in Henan province, central China, the state-run Xinhua news agency reported.The blast took place at about 7:40 p.m. local time at a pit of Juyuan Coal Industry Company in Mianchi county, Sanmenxia city about 300 kilometers from the provincial capital Zhengzhou.
[Dec. 8, 2010] (Shanghai) －－Sinopec Jiujiang Petrochemical is scheduled to process 300,000mt of crude in December, with daily consumption sharply down 27% from the previous month, said a refinery source.The refinery shut a 1-mil-mt/yr fluid catalytic cracker for 40-day maintenance in December, C1 reported earlier.
[Dec. 7, 2010] China’s Ministry of Commerce or MOC announced on Dec. 3 that the State Council has approved additional three Chinese firms to cooperate with foreign enterprises to jointly exploit domestic coal-bed methane resources, Reuters reported.
[Dec. 6, 2010] PetroChina Lanzhou Petrochemical is slated to refine 930,000mt of crude in December, sharply up about 18% from the previous month, according to a refinery source.The refinery boosted crude consumption to fulfill year’s target, the source explained.It set crude throughput target for the whole year of 2011 at 10.5-mil mt, flat with 2010, the source revealed.
[Dec. 6, 2010] BEIJING -- PetroChina (PTR.NYSE; 00857.HK; 601857.S H) has put the Zhongwei-Huangpo segment of its second West-to-East nat ural gas pipeline into operation ahead schedule, making the central Ch ina region able to use natural gas pumped by the pipeline during this winter.
[Dec. 2, 2010] Recently, Sinopec Sichuan Province, carried out in the largest ever exploration. First half of 2011 after the completion of our province, "shortness of breath," the situation will be alleviated.The drilling exploration wells will be opened 16, the implementation of three-dimensional seismic exploration 1,000 square kilometers, the implementation of multi-wave three-component seismic survey 140 square kilometers and will be completed in the first half of 2011. Chengdu Qingbaijiang involved, Jintang County, Deyang City, Jingyang, Guanghan City, Shifang city, Mianzhu City, Luojiang, and Fucheng District, Mianyang City, Youxian, three County.
[Dec. 1, 2010] Sinopec Wuhan Petrochemical plans to refine 430,000mt of crude in December, with daily throughput target stabilized at 14,000mt, said a refinery source.The refinery would bring on stream a 1.8-mil-mt/yr VGO hydrotreating unit and a 1.8-mil-mt/yr hydro-cracking unit in 2013, when it could make full use of 8.5-mil-mt/yr crude distillate units, the source revealed.
[Nov. 29, 2010] Sinopec (NYSE:SNP) (SNP.NYSE; 00386.HK; 600028.SH) announced Monday that its Henan Oilfield’s crude oil output has reached 2 million metric tons so far this year, and it is the first time for the 30-year-old oilfield to have its annual crude oil output back to the level of 2 million tonnes since 1995.
[Nov. 26, 2010] Sinopec Jiujiang Petrochemical is expected to see its daily LPG commodity output drop from the current 600mt to 300-400mt in December, when it would shut a 1-mil-mt/yr fluid catalytic cracker for month-long maintenance, a refinery source said. When the yearly maintenance will kick off is yet to be fixed, according to the source.
[Nov. 25, 2010] BEIJING - State-owned China National Petroleum Corp (CNPC) plans to quadruple annual natural gas supplies to central Hubei province to 6 billion cubic metres (bcm) by 2015, a company newspaper reported on Thursday.
[Nov. 23, 2010] Sinopec Xi’an Petrochemical supplied about 200mt per day of raw gas as residential-consuming LPG after wrapping up maintenance Wednesday, according to a refinery source.The volume was higher than the normal level of 120mt per day due to malfunction of gas fractionation unit.
[Nov. 23, 2010] Sinopec Changling Petrochemical in Central China plans to begin operation of an 8-mil-mt/yr crude distillate unit on Nov 22, according to a source with the refinery.With this unit on stream, Changling Petrochemical is estimated to boost crude throughput boost crude throughput by 40% to about 460,000mt in December.
[Nov. 18, 2010] A funeral parlor in the Chinese city of Chongqing suspended its cremation services on Nov 14 because it cannot find diesel supplies to power up its incinerators, the Chongqing Evening News reported Monday.The funeral parlor exhausted its last drop of dies
[Nov. 18, 2010] China’s southwestern Sichuan province has set up a joint venture company in Chengdu -- Sichuan Coal Gasification Company. Ltd. -- to develop a coal-to-gas project in the province Monday, local media said Tuesday.With a registered capital of Yuan 2.4 billion
[Nov. 10, 2010] Sinopec’s Luoyang Petrochemical began to replace self-made mid-sulfur petcoke with imported high-sulfur cargoes to fuel its circulating fluidized-bed (CFB) boiler in October, a source with the oil major said.
[Nov. 8, 2010] Sinopec Luoyang Petchem imports petcoke as CFB fuel in OctSinopec’s Luoyang Petrochemical began to replace self-made mid-sulfur petcoke with imported high-sulfur cargoes to fuel its circulating fluidized-bed (CFB) boiler in October.
[Oct. 28, 2010] The China-Central Asian gas B line has entered full operation on Tuesday, two months ahead of the previous pl an, reported China National Petroleum Company (CNPC) on Wednesday.
[Oct. 27, 2010] CLP Holdings Ltd<0002>, an electricity generator and supplier, will have to seek a new site for a liquefied natural gas terminal, which was decided to be built in Shenzhen, Guangdong Province, sources reported.
[Oct. 27, 2010] Sinopec Changling Petrochemical arranged to refine 330,000mt of crude in November, with daily consumption up 14% from one month ago, a refinery source said.
[Oct. 25, 2010] China’s CNOOC is pulling out of its two Kenyan licences but wants a 20 percent participation in another five blocks to be operated by Tullow Oil, a Kenyan government official said on Thursday.
[Oct. 25, 2010] Due to glitch with a 1.5-mil-mt/yr catalytic unit, PetroChina Huabei Petrochemical slashed its daily LPG output to about 800mt on Oct 22, down 27% from roughly 1,100mt on the previous day, according to market sources.
[Oct. 21, 2010] China Petroleum and Chemical Corp, known as Sinopec, plans to sell as much as 23 billion yuan ($3.5 billion) of six-year convertible bonds to develop infrastructure.
[Oct. 21, 2010] China National Development and Reform Commission (NDRC) have asked Chinese natural gas producers to boost spot LNG purchases to meet domestic demand in winter.
[Oct. 21, 2010] OIL prices fell more than 4 percent yesterday to below US$80 a barrel after China surprised markets by raising interest rates in an attempt to cool its red-hot economy.
[Oct. 20, 2010] Sinopec Jiujiang Petrochemical may shut a 1-mil-mt/yr fluid catalytic cracker for 40-day maintenance in December, a refinery source told C1, adding its daily crude throughput would inch down by then.
[Oct. 20, 2010] Russia’s LukOil would not enter Chinese market in October as most Chinese importers’ buying appetite was dispelled by hefty offers, revealed a domestic importer.
[Oct. 20, 2010] China would expect rare Group II base oils from US in the fourth quarter of this year due to high prices, since US’s Chevron Corporation started to ration Group II supply from October on.
[Oct. 20, 2010] Sinopec Luoyang Petrochemical officially brought on stream its newly-installed 2.6-mil-mt/yr gasoil hydrotreating unit on Oct 16, a refinery source told C1, adding the refinery had reaped qualified GB III gasoil.
[Oct. 20, 2010] Sinopec Luoyang Petrochemical’s refining capacity has been boosted by 25 perce nt to 200,800 barrels per day, the parent Sinopec Group reported on we bsite on Tuesday.
[Oct. 20, 2010] China’s third-largest oil and gas firm CNOOC on Wednesday started building a new liquefied natural gas receiving terminal in Guangdong, its second in the southern Chinese province.
[Oct. 19, 2010] Sinopec has effectively increased crude refining capacity at its Luoyang refinery by a quarter to 200,000 barrels per day after the recent addition of a diesel hydrotreating unit.
[Oct. 19, 2010] Sinopec is expected to raise naphtha ex-refinery price of its underlying refineries by Yuan 390/mt to Yuan 5,760/mt in November, according to its pricing formula.
[Oct. 13, 2010] China BlueChemical Ltd. (OOTC:CBLUF) , the chemical fertilizer subsidiary of China National Offshore Oil Corporation (NYSE:CEO) (CNOOC), has kicked off construction of Dayukou phosphate fertilizer capacity expansion project in Hubei Province, central China.
[Oct. 13, 2010] Eight more companies have been granted oil product wholesale licenses by the Ministry of Commerce of PRC (MOFCOM), according to an announcement released by MOFCOM on Sep 30.
Sinopec Strikes Shale Oil in Central China Well
