[May 16, 2012] Royal Dutch Shell PLC and three Asian partners plan to build a liquefied natural gas export terminal in Kitimat, B.C. that would connect Canada's vast supplies with energy-hungry markets on the other ...
[May 16, 2012] Pending a second environmental impact study by the Guangzhou Environmental Protection Bureau (EPB), Guangdong Yudean Group Co. Ltd. will begin retrofitting Guangzhou's thermal power plants to become g...
[May 16, 2012] The Hotan River Gasfield in the Xinjiang Uyghur Autonomous Region plans to increase annual production capacity from 438 million cubic meters (MMcm) to one billion cubic meters by the end of 2013, Ren Nijun, a spokesmen for PetroChina Tarim Oilfield, told
[May 16, 2012] Shenzhen Gas Corp. Ltd has been receiving natural gas destined for Shenzhen City from China National Petroleum Corp. (CNPC)’s West-East Pipeline II (WEP II) since May 10, the local gas distributor said in a May 12 filing with the Shanghai Stock Exchange.
[May 15, 2012] South China market as a whole picture moved down mildly on Tuesday. Truck prices moved down to a range of Yuan 6,280-6,800/mt Tuesday. Shenzhen market went down to a range of Yuan 6,700-6.800/mt. In Zhuhai market, the prices for imported materials moved d
[May 15, 2012] China Petrochemical Corporation recently proclaimed that it held a meeting for Fuling-block shale oil and gas exploration and exploitation capacity construction project in Chengdu-based Sinopec Exploration Southern Company, which also indicated Sinopec ha
[May 15, 2012] China is maintaining its position as the world’s ‘green’ technology leader despite continued global economic volatility and slowing domestic growth, according to a new industry report.The China Greentech Initiative (CGTI), of which profe
[May 15, 2012] The U.S. Securities and Exchange Commission charged China Natural Gas Inc. and its former chief executive, Qinan Ji, for secretly loaning company funds to benefit his son and nephew and failing to disclose the true nature of the loans.The SEC alleges Mr.
[May 15, 2012] Guodian Xinjiang Aibilake Valley Development Co. Ltd., a subsidiary of major power provider China Guodian Corp., began surveying potential sites for an integrated solar combined-cycle (ISCC) and gas-fired power plant in northwest Xinjiang Uyghur Autonomou
[May 15, 2012] Since signing an agreement to build a cross-border pipeline with China in March of 2009, Myanmar has undertaken steps toward political reform - developments that may presage heightened engagement with international energy majors. The country’s longstandin
[May 14, 2012] South China market as a whole picture moved down over the last weekend and was sharply down on Monday. Truck prices moved down to a range of Yuan 6,280-6,900/mt Monday. Shenzhen market went down to a range of Yuan 6,800-6.900/mt. In Zhuhai market, the pri
[May 11, 2012] South China market as a whole picture moved up slightly on Friday. Truck prices moved up to a range of Yuan 6,250-7,100/mt Friday. Shenzhen market went steady at a range of Yuan 7,000-7,100/mt. In Zhuhai market, the prices for imported materials moved fla
[May 11, 2012] The Yulin-Jinan Gas Pipeline (YJGP) appears to be meeting the expectations of owner-operator China Petroleum and Chemical Corp. (Sinopec). The trunk line, built with a designed annual transmission capacity of 4 billion cubic meters (bcm), has conveyed 4.0
[May 11, 2012] Investigators hot on the trail of cyberspies trying to infiltrate the computer networks of US natural-gas pipeline companies say that the same spies were very likely involved in a major cyberespionage attack a year ago on RSA Inc., a cybersecurity company
[May 10, 2012] South China market as a whole picture moved up slightly on Thursday. Truck prices moved up to a range of Yuan 6,150-7,100/mt Thursday. Shenzhen market went steady at a range of Yuan 7,000-7,100/mt. In Zhuhai market, the prices for imported materials moved
[May 10, 2012] China’s National Development and Reform Commission has submitted a blueprint for the natural gas sector under the 12th Five Year Plan to the State Council for approval, an official with the NDRC’s research institute told Platts Wednesday."The plan sh
[May 10, 2012] An ongoing blockade by local villagers of the main access road to the ConocoPhillips-operated Suban gas field in South Sumatra could have repercussions on Indonesia’s gas supply, according to Indonesia’s oil and gas regulator BPMigas.
[May 10, 2012] PetroChina Kunlun Natural Gas Utilization Co. Ltd. (Kunlun Gas Utilization), a unit of China National Petroleum Corp. (CNPC), has won approval to develop compressed natural gas (CNG) infrastructure in Shiyan City, an automobile manufacturing base in Hubei
[May 9, 2012] South China market as a whole picture moved up slightly on Wednesday. Truck prices however held stable at a range of Yuan 6,100-7,100/mt Wednesday. Shenzhen market went steady at a range of Yuan 7,000-7,100/mt. In Zhuhai market, the prices for imported ma
[May 9, 2012] MANILA - The Philippines’ Philex Petroleum Corp said on Tuesday it has discussed a possible partnership with Chinese offshore oil producer CNOOC to develop a natural gas prospect in the disputed South China Sea, a deal that may help ease tension between t
[May 9, 2012] China is pushing energy price reforms and spending billions of dollars on gas imports and infrastructure to cut the use of coal, which supplies over 70 percent of its energy but has made it the world leader in mine accidents and greenhouse emissions, and
[May 9, 2012] The China Gas Holdings Ltd. takeover saga took another twist over the weekend as Beijing Enterprises Group Co., owner of the largest natural gas distributor in Beijing, enlarged its equity position in the Sinopec-ENN Energy takeover target.
[May 9, 2012] Hubei Xinjie Co. Ltd. has received approval to build 11 vehicular gas refilling stations in Hubei Province’s Huangshi City, a source with the Huangshi municipal arm of the National Development and Reform Commission (NDRC) confirmed to Interfax on Monday.
[May 9, 2012] The National Development and Reform Commission (NDRC), China’s state economic planner, is expected to lower domestic oil products prices in the next few days, a senior oil industry analyst told Interfax on May 8.
[May 8, 2012] South China market as a whole picture held stable on Tuesday. Truck prices went down to a range of Yuan 6,100-7,100/mt Tuesday. Shenzhen market went steady at a range of Yuan 7,000-7,100/mt. In Zhuhai market, the prices for imported materials went
[May 7, 2012] Construction of a gas pipeline from Turkmenistan to China via Kyrgyzstan and Uzbekistan will facilitate the convergence of Tashkent and Bishkek, an independent Kyrgyz economic expert, doctor of economic sciences, professor Ayilchi Saribayev believes
[May 7, 2012] Chinese state-owned conglomerate Beijing Enterprises Group said it has increased its stake in China Gas Holdings Ltd to nearly 9 percent, raising the prospect of a bidding war with state firm Sinopec for the mainland gas distributor.
[May 7, 2012] Chengdu, capital of Sichuan Province in south-west China, will rely on natural gas to meet 16 percent of its energy needs by 2015, up from 13.15 percent in 2010, the Chengdu municipal government announced on Friday.
[May 7, 2012] Talks of increasing cooperation in the shale gas sector in the current Sino-US dialogue are expected to further tighten carbon emissions reduction ties between the world’s two biggest economies, industrial experts said.
[May 4, 2012] Taxi drivers in a northwest China city went on strike Tuesday and Wednesday to protest long hours of waiting for refills of liquefied petroleum gas (LPG), the local government said.The strike, which involved at least 3,000 taxis in Lanzhou, capital of Gan
[May 4, 2012] Talks of increasing cooperation in the shale gas sector in the current Sino-US dialogue are expected to further tighten carbon emissions reduction ties between the world’s two biggest economies, industrial experts said. Carlos Pascual, the US State D
[May 3, 2012] Honghua Group Limited, the largest exporter of drilling rigs in China, announced today the launch of its new, integrated shale gas exploitation solution. A drilling and fracturing site utilizing Honghua’s new system offers extensive benefits compared to a
[May 3, 2012] An investor in PINK:CHNG shares filed a lawsuit in U.S. District Court for the Southern District of New York against Auditors of China Natural Gas, Inc over alleged violations of Federal Securities Laws in connection with certain financial statements. Inv
[May 3, 2012] Assured that the potentially recoverable shale gas resources of 25.1tn cubic metres are enough to meet China’s gas needs for the next two centuries, Ministry of Land and Resources on Thursday announced investment plans to exploit its reserves of sha
[May 3, 2012] The U.S. is prioritizing China’s development of shale gas in discussions relating to energy at an upcoming bilateral summit, as it views the unconventional fuel as vital for securing China’s energy security, reducing carbon emissions and freeing up gas fo
[May 2, 2012] A team of Rice University students accepted a challenge to turn shale gas produced in China into a range of useful, profitable and environmentally friendly products and did so in a cost-effective manner.
[May 2, 2012] The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Jiang Jiemin, Chairman of the China National Petroleum Corporation (CNPC) Board of Directors.
[May 2, 2012] Yantian International Container Terminals (YICT) Saturday held the kick-off ceremony for its second Environment Week in which it showcased new solar panel installations and signed an LNG agreement, both aimed at increasing the use of clean energy at the port.
[May 2, 2012] China Petrochemical Corp. (Sinopec) has completed the acquisition of one-third of the equity of Devon Energy Corp’s five shale gas assets in the United States, at a total cost of near US$ 2.44 bln.
[Apr. 27, 2012] China National Offshore Oil Corp Ltd has issued $2 billion worth of bonds to international investors to raise funds for general corporate purposes, the company said Thursday.
[Apr. 27, 2012] A Chinese delegation is visiting northern Colorado hoping to tap into the state’s expertise on extracting natural gas from shale formations.
[Apr. 27, 2012] Top Chinese gas firm PetroChina Co has started building the country’s largest onshore gas liquefaction plant with home-grown technology and equipment, aiming to hone its capabilities and meet rising clean energy demand.
[Apr. 27, 2012] Royal Dutch Shell gave a bullish outlook for the development of shale gas in China on Thursday, saying the Anglo-Dutch oil major’s drilling there suggested vast resources could be unlocked at a relatively low cost.
[Apr. 26, 2012] A Philippine oil company said Wednesday its gas field – in a section of the West Philippine Se (South China Sea) also claimed by Beijing – could be nearly twice as big as the Philippines’ largest known deposits.
[Apr. 26, 2012] Clifford Chance has advised a Hong Kong-based gas distribution company on the establishment of a notes program.
The deal allows China Resources Gas Group Ltd., which supplies natural gas and petroleum to filling stations in mainland China, to issue medium-term notes worth $1.5 billion on the Singapore Exchange. Clifford Chance also advised on the first offering under the program, a global $750 million issue of 10-year notes.
[Apr. 26, 2012] The Sino-Turkmen Amu Darya natural gas project, a jointly developed project between China National Petroleum Corp. and the Turkmenistan government, has supplied China with more than 10 billion cubic meters (bcm) of pipeline natural gas since going on-line in Dec. 2009, CNPC announced April 24.
[Apr. 25, 2012] A Philippine exploration firm has found more-than-expected natural gas in a disputed area of the South China Sea, a discovery likely to inflame territorial tensions with China.
[Apr. 25, 2012] Pricing reforms in China’s power sector will be a key factor in determining the country’s gas demand growth rate over the short- to medium term, a Beijing-based analyst said Thursday.
[Apr. 25, 2012] Black & Veatch, in partnership with Chemtex, said it has been selected by Jilin Qianyuan Energy Development to deliver a major liquefied natural gas (LNG) facility.
[Apr. 25, 2012] A natural gas discovery in a disputed area in the South China Sea contains more reserves than initially thought, a Philippine exploration firm said on Tuesday, with the new findings likely to further intensify territorial tensions between Beijing and Manila.
[Apr. 25, 2012] Jiangsu Province consumed four billion cubic meters (bcm) of natural gas over a four-month period beginning in November 2011, the National Development and Reform Commission (NDRC) announced on Monday.
[Apr. 25, 2012] China plans to speed up exploration of shale gas by asking companies, including PetroChina Co, to invest three times the minimum amount sought for crude oil areas.
[Apr. 24, 2012] Singapore-based Credit Suisse analyst David Hewitt says current LNG spot prices sit around $US13 a unit, compared with around $US9 for gas piped in from Central Asia and the roughly $US3 to $US6 that each unit of domestically produced gas would cost.
[Apr. 24, 2012] With the price of a gallon of gasoline in the United States now at $4 — and climbing — CNBC’s Rick Santelli is making it his personal mission to demonstrate to the world that cars can easily be converted to run on natural gas.
[Apr. 24, 2012] ConocoPhillips (COP) said Monday it plans to continue shutting down its U.S. natural gas production due to low commodity prices, and that a major liquefied natural gas project offshore Australia is on schedule to see a final investment decision in the second quarter.
[Apr. 24, 2012] China, the world’s biggest energy consumer, imported 1,126,532 of LNG in January, up 34 percent compared to a year earlier, customs data showed.
[Apr. 24, 2012] China’s liquefied natural gas (LNG) imports in March surged by more than one-third from February to 1.12 million tons, according to statistics released on Monday by the country’s General Administration of Customs (GAC).
[Apr. 24, 2012] China’s island province of Hainan consumed 770 million cubic meters (MMcm) of natural gas in the first two months of 2012, down by 6.8 percent from a year earlier, the National Development and Reform Commission (NDRC) announced on Thursday.
[Apr. 24, 2012] China, holder of the world’s biggest shale-gas reserves, plans to speed up exploration of the resource by asking companies including PetroChina Co. (857) invest three times the minimum amount sought for crude oil areas.
[Apr. 24, 2012] China has been slow to tap its huge shale gas resources, the largest in the world, and may take at least 10 years to start producing “substantial” quantities of the fuel, an independent U.S. energy company said.
[Apr. 23, 2012] China is expected to face a natural gas shortfall of 75 billion cubic meters in 2015, with production volume of 185 billion cubic meters and demand of 260 billion cubic meters, reports Shanghai Securities News, citing Shi Xi, vice head of Sinopec’s (600028,0386.HK) Economy and Technology Research Institute’s strategy research division
[Apr. 23, 2012] One of the key foundations of the Peak Oil theory popular amongst European greens is that the Chinese hunger for fossil fuels including gas, will drive up prices here in Europe. I’ve been knocking that one on the head for years based on the reality of China’s gas demand, not the self-serving fear narrative pushed by the European energy group think. They were wrong on shale running out in the US, they were wrong on it running out in Europe and they are wrong again on their narrative of China sucking up everyone’s energy and pushing up everyone’s prices, thus making their own more palatable. But don’t believe me.
[Apr. 23, 2012] China is expected to face a natural gas shortfall of 75 billion cubic meters in 2015, said Shanghai Securities News, citing Shi Xi, vice head of Sinopec’s Economy and Technology Research Institute’s strategy research division.
[Apr. 23, 2012] Four months on from Sinopec and ENN Energy Holdings’ initial bid to acquire China Gas Holdings, the pair appear to be no closer to reaching a deal than they were in December.
[Apr. 23, 2012] China Petroleum & Chemical Corp. (0386.HK), or Sinopec, and gas supplier ENN Energy Holdings Ltd. (2688.HK) said Thursday the board of China Gas Holdings Ltd. (0384.HK) has repeatedly declined to meet the two companies to discuss their joint US$2.15 billion offer to acquire the Chinese regional gas distribution firm.
[Apr. 23, 2012] Talks between China and Russia on a huge gas export deal have failed to make progress because it is the Chinese government, not the market that set pricing for China’s natural gas sales, a top executive with Russia’s Gazprom told Caijing.
[Apr. 23, 2012] China’s liquefied natural gas (LNG) imports are projected to reach 34 million tons by 2015, and may exceed Japan’s imports within 10 years, an economist with China National Petroleum Corp. (CNPC) told Interfax on Thursday.
[Apr. 23, 2012] Four months on from China Petroleum & Chemical Corp. (Sinopec) and ENN Energy Holdings Ltd.’s initial bid to acquire China Gas Holdings Ltd., the pair appear to be no closer to reaching a deal than they were in December.
[Apr. 23, 2012] The Tohoku earthquake and tsunami that devastated Japan in March last year brought forward a tightening of global liquefied natural gas ( LNG) by at least one year, with market conditions likely to relax by 2015-2016 Yan Kefeng, senior director with consultancy IHS CERA, said at an industry forum on Wednesday.
[Apr. 19, 2012] China will likely auction exploration rights for 20 shale-gas blocks in July and August, with 17 companies apparently planning to submit bids, China Securities Journal reported Wednesday, citing unidentified sources.
[Apr. 19, 2012] China National Petroleum Corp (CNPC) and its French partner Total SA will start producing gas from the Sulige South field in north China next month, a company executive said.
[Apr. 19, 2012] In December, 1999, China’s National Science and Technology Ministry (NSTM) and State Environmental Protection Administration (SEPA) set 10 percent as a target for clean vehicles as a portion of the overall vehicle population, and set a target of 40 to 50 percent for taxis and buses. Additionally, the policy called for the launch of clean vehicle model zones in 19 cities, including Beijing, Shanghai, Tianjin, and Chongqing.
[Apr. 19, 2012] YPF nationalization allegedly killed Repsol’s Chinese option to leave Argentina
The company’s representative declaration came after bankers said China’s second-largest oil company had held talks with Repsol to buy its controlling 57% stake in YPF. Moreover, Chinese website Caixin.com cited a source as saying Sinopec had reached a non-binding agreement to take over YPF for more than 15 billion dollars.
[Apr. 19, 2012] Holding more than two-thirds of China’s proven coalbed methane (CBM) reserves, Shanxi Province sits atop unconventional resources that have the potential to not only assure China’s energy sufficiency, but also alter global energy dynamics.
[Apr. 19, 2012] China’s second auction of shale gas exploration rights could be wrapped up by the end of June, according to a representative from a foreign oil company that attended a meeting with the Ministry of Land and Resources (MLR) this week.
[Apr. 19, 2012] Jilin Province’s natural gas output in January and February surged by 51.7 percent from a year earlier to 349 million cubic meters (MMcm), the National Development and Reform Commission (NDRC) announced on Tuesday.
[Apr. 18, 2012] China will likely auction exploration rights for 20 shale-gas blocks in July and August, with 17 companies apparently planning to submit bids, Dow Jones said citing a report in China Securities Journal.
[Apr. 18, 2012] Sinopec and ENN Energy Holdings 2688.HK +0.55% are tethered together like uneven partners in a three-legged race. The global energy giant and the Chinese regional gas distribution firm have hobbled along since announcing a $2.2 billion offer for Hong Kong-listed China Gas 0384.HK -0.26% in December.
[Apr. 18, 2012] China will likely auction exploration rights for 20 shale-gas blocks in July and August, with 17 companies apparently planning to submit bids, China Securities Journal reported Wednesday, citing unidentified sources.
[Apr. 18, 2012] London-listed Fortune Oil PLC, which focuses on investments and operations in oil and gas supply and infrastructure projects in China, said yesterday it has set up a joint venture with Tianjin Gas Group Co to supply liquefied natural gas in Tianjin.
[Apr. 18, 2012] Linc Energy has agreed to form a joint venture to commercialize its underground coal gasification and gas-to-liquids processes in China, the Australia-based company said Monday.
[Apr. 18, 2012] Five natural gas workers suffocated while installing pipes in a shaft valve in Northwest China’s Shaanxi province, local authorities confirmed Tuesday.
[Apr. 17, 2012] After more than six years of almost no progress, the plan to renegotiate LNG contracts with China has raised a great deal of concern over the government’s commitment to reap maximum benefits amid skyrocketing global energy prices.
[Apr. 17, 2012] An article on the Forbes.com website explores the use of natural gas as a vehicle fuel in China. “At the end of 2010, more than 80 cities across China had gas refilling facilities and the number of CNG/LNG refill stations totaled more than 1,000.”
[Apr. 17, 2012] Fortune Oil said it has signed an agreement with Tianjin Gas to establish a joint venture that will be responsible for the supply of liquefied natural gas (LNG) to the city of Tianjin, China’s sixth most populous city.
[Apr. 17, 2012] GCL Projects Ltd., a subsidiary of GCL-Poly Energy Holdings Ltd., has agreed to form a joint venture (JV) with Australia’s Linc Energy Ltd. to produce diesel fuel from coal gas, Linc Energy announced on Monday.
[Apr. 17, 2012] Ghana signed a $1 billion lending agreement with China Development Bank Corp. as part of the biggest loan in the country’s history that Vice President John Dramani Mahama said would provide hundreds of thousands of jobs and develop natural gas.
[Apr. 16, 2012] Despite these threats to LNG imports, some hold the view that Chinese demand could increase by such an extent that it could easily absorb local as well imported gas volumes.
[Apr. 16, 2012] Shell has signed an agreement with CNOOC Ltd, the upstream arm of China National Offshore Oil Corporation (CNOOC), to help the latter develop shale gas reserves in eastern China’s Anhui province.
[Apr. 16, 2012] Three pre-qualified Chinese shipyards - Hudong-Zhonghua Shipbuilding Group, Dalian Shipbuilding Industry Corp (DSIC) and Nantong Cosco KHI Ship Engineering Co (Nacks) - are due to submit offers shortly on a pair of LNG-carrier newbuildings for BG Group at the end of April.
[Apr. 16, 2012] China has aggressive plans to increase the role of natural gas in meeting its burgeoning energy needs. Estimates suggest that the country may as much as quadruple its gas consumption levels last year by 2020 and is looking to meet this demand from a number of sources including LNG. [1]
[Apr. 16, 2012] With the price of a gallon of gasoline in the United States now at $4 — and climbing — CNBC’s Rick Santelli is making it his personal mission to demonstrate to the world that cars can easily be converted to run on natural gas. Santelli is best known for starting the Tea Party movement with his famous rant about being forced to pay for his neighbors’ mortgage. If Santelli is right about natural gas, he may start an even more powerful trend. Natural gas is in abundant supply in the United States, and the U.S. is the world’s lowest-cost producer. Lured by the promise of fueling their vehicles at a fraction of the cost of using gasoline, Santelli is sure to have a lot of followers.
[Apr. 16, 2012] The revolution in natural gas that began in the Barnett Shale beneath North Texas is spreading to China. The U.S. government and multinational oil companies are eager to tap what could be enormous shale gas reserves here, providing a pathway not just to profits but also to a less dangerous and dirty world.
[Apr. 16, 2012] Shares in Linc Energy Ltd have soared by more than 30 per cent after it formed a joint venture to produce gas in China.
Brisbane-based Linc is focused on producing underground coal gasification (UGC) and gas-to-liquids (GTL) technologies.
[Apr. 16, 2012] The widening gap between demand and supply of crude oil in China will provide firm support to prices in the medium term, according to an analysis by Bank of America- Merrill Lynch (BofAML). Brent crude oil is forecast to trade between $118 and $120 per bbl for 2012 and 2013, BofAML added.
[Apr. 16, 2012] Five state-owned enterprises in Jiangsu Province have formed a joint venture (JV) to develop coal-to-gas (CTG) projects in the Xinjiang Uyghur Autonomous Region, one of the JV’s stakeholders announced on Friday.
[Apr. 13, 2012] Growth in Chinese demand for natural gas is expected to continue to strengthen in the next decade, and part of its needs could still be met by Russian imports despite the continued deadlock over a pricing policy acceptable to both sides.
[Apr. 13, 2012] The Takeovers and Mergers Panel (Panel) has ruled that certain statements (Statements) made on 26 March 2012 by Mr Fu Chengyu, chairman of China Petroleum & Chemical Corporation (Sinopec) did not constitute a “no increase statement” under Rule 18.3 of the Code on Takeovers and Mergers but were ambiguous and created uncertainty as to whether or not Sinopec and ENN Energy Holdings Limited (together, the Offerors) were ruling out the possibility of an increase in the offer price in relation to their pre-conditional voluntary general offers for the shares and options of China Gas Holdings Limited.
[Apr. 13, 2012] China’s top safety watchdog said Thursday that coal mines with an annual output of 90,000 tons or less will not be allowed to resume production until their gas control capabilities conform to national standards.
[Apr. 13, 2012] China’s ex-plant prices of liquefied natural gas (LNG) have been on a downward trend since 9 April as a result of rising supply and weak downstream demand, market sources said on Thursday.
[Apr. 13, 2012] Liquefied gas inventory space is limited, and the fierce market competition, Sinopec belongs Jiujiang Petrochemical sales center to adopt a flexible sales strategy, the LNG sales with success the first two months of this year, sales of liquefied petroleum gas 48,125 tons, at the headquarters ultra-rush help than the school work has received numerous honors.
[Apr. 13, 2012] Shenhua Group Corp. Ltd., China’s largest coal producer by output, has broken ground on construction of a long-awaited coal-to-gas (CTG) project in the Inner Mongolia Autonomous Region’s Ordos City, local media Ordos Daily reported Wednesday.
[Apr. 12, 2012] After more than a century ripping out its insides to supply coal to the rest of the country, the heavily mined and polluted province of Shanxi in northern China is in the midst of a gas boom.
[Apr. 12, 2012] Japan’s Mitsubishi said Thursday it was in talks with Royal Dutch Shell as well as a Chinese and a South Korean firm to produce liquefied natural gas (LNG) in Canada.
[Apr. 12, 2012] In the spring of 1989, students demonstrated for democratic reform in Beijing. Tiananmen Square was ground zero for the demonstrations.
[Apr. 12, 2012] Growth in Chinese demand for natural gas is expected to continue to strengthen in the next decade, and part of its needs could still be met by Russian imports despite the continued deadlock over a pricing policy acceptable to both sides.
[Apr. 12, 2012] Changzhou City in southern Jiangsu Province raised vehicular natural gas prices by 9.8 percent on Tuesday to RMB 4.5 ($0.71) per cubic meter (cm), a source with the Changzhou Municipal Pricing Bureau confirmed to Interfax the same day.
[Apr. 12, 2012] Honeywell International Inc. (HON) is tapping into a shale-drilling boom by selling customers such as Dow Chemical Co. (DOW) a technology to convert propane found alongside natural gas into a raw material for plastics.
[Apr. 11, 2012] Chen Weidong works at China National Offshore Oil Corporation. When he bought a compact car in 2004, it cost 180 yuan ($28.6) to fill up. Now he pays 400 yuan.
[Apr. 11, 2012] A leading Chinese energy expert said in Beijing Tuesday that he was confident that Moscow and Beijing would soon reach final agreement on the supply of Russian gas to China.
[Apr. 11, 2012] China’s Ministry of Land and Resources (MLR) has begun levying a mineral resource compensation fee on oil and natural gas projects between Chinese and foreign partners, the MLR announced on Tuesday.
[Apr. 11, 2012] Natural gas pricing reforms currently being trialed in southern China will help reinvigorate deadlocked negotiations between Russia and China over gas sales, an industry expert told Interfax at a conference in Beijing on Tuesday.
[Apr. 11, 2012] China National Petroleum Corp or CNPC, the parent company of PetroChina Co Ltd<601857><0857>, has said it intends to issue RMB 20 billion worth of corporate bonds with a maturity of ten years on the interbank market from Apr. 12 to Apr. 14.
[Apr. 11, 2012] China on Tuesday reiterated its position opposing any other country that exploits oil and gas resources in Chinese maritime areas without permission of the Chinese government.
"China has always opposed the exploration and exploitation of ocean oil and gas resources in Chinese sea territories without our permission. We have made representations and taken measures to stop these illegal activities," Deng Zhonghua, director general of the department of boundary and ocean affairs with the Foreign Ministry, said in a Web chat hosted by the website of People’s Daily.
[Apr. 10, 2012] Kunlun Energy, the gas distribution arm of PetroChina, announced it would raise HKD10.48 billion to fund its liquefied natural gas (LNG) projects.
[Apr. 10, 2012] Careless use of liquefied petroleum gas (LPG) caused a cylinder to leak, which triggered a deadly blast in an apartment building in the Northeast province of Heilongjiang, local authorities said Monday.
[Apr. 10, 2012] China National Petroleum Corporation (CNPC) released a social responsibility report of 2011 on April 6, saying its natural gas output and supply accounted for respectively 75% and 70% of total in China. Its gas pipe network covers 28 provinces, cities and autonomous regions in China and the company provides service for over 500 million people.
[Apr. 10, 2012] The China National Petroleum Corporation (CNPC), the parent company of China’s top oil and natural gas producer PetroChina (PTR.NYSE; 00857.HK; 601857.SH), generated 75 percent of domestic natural gas output in 2011, said the CNPC recently in its social responsibility report for 2011.
[Apr. 10, 2012] Taxies are seen at a liquefied natural gas (LNG) station in Fuzhou, capital of southeast China’s Fujian Province, April 9, 2012. Fujian planned to construct 170 LNG stations by 2015. The annual filling capability of those stations are expected to reach 646,000 tons. Of the 170 LNG stations, sixty are located in Fuzhou.
[Apr. 10, 2012] State-owned China Petroleum and Chemical Corporation (Sinopec Corp) is considering halting fuel sales to private gas stations in some parts of the country, representatives from the company told the National Business Daily on Friday, Global Times reported.
[Apr. 10, 2012] Careless use of liquefied petroleum gas (LPG) caused a cylinder to leak, which triggered a deadly blast in an apartment building in the Northeast province of Heilongjiang, local authorities said Monday.
[Apr. 9, 2012] China National Petroleum Corporation(CNPC), the nation’s biggest oil company, is negotiating with Royal Dutch Shell Plc and another foreign firm to jointly explore shale oil in northwest China’s Xinjiang Uygur autonomous region, the state-run newspaper reported Friday.
[Apr. 9, 2012] China National Offshore Oil Corp (CNOOC) has started seismic operations at its first onshore shale gas project, the near monopoly in China’s offshore oil and gas development said, joining other state majors to scour for unconventional energy.
[Apr. 9, 2012] Chinese company PetroChina Daqing Tamsag leads in Mongolia with its oil exploration and exploitation. Its capacity increased in 2011 and on June 24 2011, agreed with Oil Authority of Mongolia to expand its “Toson Uul XIX”exploitation field. As the result of this agreement, the Government of Mongolia will decide the grant of additional 650 sq.km area for its exploration.The area locates in the Eastern grassland of Mongolia and the area covers few national park and natural reserve land areas.
[Apr. 9, 2012] State-owned China Petroleum and Chemical Corporation (Sinopec Corp) is considering halting fuel sales to private gas stations in some parts of the country, representatives from the company told the National Business Daily on Friday.
[Apr. 9, 2012] Six people were confirmed dead and four others injured in an explosion early Saturday that ripped through a residential building in northeast China’s Heilongjiang Province, local authorities said Sunday.
[Apr. 9, 2012] China’s Tianhe Gas will likely start its 300,000 cubic metre/day (cbm/day) liquefied natural gas (LNG) plant at Cangzhou in north China’s Hebei province in the second half of April.Gas will be mainly supplied by PetroChina’s North China Oilfield, and the output will be supplied to local industrial units.
[Apr. 9, 2012] China plans to produce 6.5 billion cubic meters (628,600 Mcf/day) of shale gas by 2015, the National Energy Administration said Friday at a press briefing, according to local media.
[Apr. 6, 2012] China may expand auditing of major oil and gas projects after a government investigation into the RMB 142.2 billion ($22.54 billion) construction of the second West-East Gas Pipeline (WEP II) revealed several irregularities, an academic told Interfax on Thursday.
[Apr. 6, 2012] China National Petroleum Corp is negotiating with Royal Dutch Shell Plc and another foreign firm to jointly explore shale oil in the Santanghu Basin of Xinjiang Uygur autonomous region, the latest move after the two oil majors inked the country’s first production-sharing contract for a shale gas block in Sichuan province in March.
[Apr. 6, 2012] ?China’ natural gas consumption in 2011 was 134 billion cubic meters, up 20.6% year on year. During the same year, the nation’s natural gas production totaled 101.9 billion cubic meters, a 7.9% increase from the previous year. Given that China imported more than 30 billion cubic meters of natural gas, its external dependence of natural gas rose to 24%.
[Apr. 6, 2012] While there has been a lot of talk about the shale fields in the US And the opportunities it provides for unconventional oil and natural gas deposits, few have mentioned that the same boom is just beginning in China as well observes Peter Staas of Investing Daily.
[Apr. 6, 2012] China may expand auditing of major oil and natural gas projects after a government investigation into the RMB 142.2 billion ($22.54 billion) construction of the 2nd West-East Gas Pipeline (WEP II) revealed several irregularities, an academic told Interfax
[Apr. 6, 2012] Datang International Power Generation Co. Ltd., the Hong Kong Stock Exchange-listed arm of state-owned power producer China Datang Corp., has won approval to build a gas-fired power project in Beijing, a source with Datang International confirmed to Interfax on Thursday..
[Apr. 6, 2012] Yantai City in Shandong Province consumed a daily average of 600 thousand cubic meters (Mcm) of natural gas in March, up by 30.43 percent from 460 Mcm the previous year, local media Yantai Daily reported on Thursday
[Apr. 5, 2012] Turkmen and Chinese governments expressed in the joint declaration "willingness to take efficient measures to ensure security of major oil and gas projects of the two countries, such as the Turkmenistan-China gas pipeline".
[Apr. 5, 2012] State-owned China National Petroleum Corporation (CNPC) and Shell China Exploration and Production (Shell) have signed China’s first-ever shale gas production sharing agreement, under which they will together explore and exploit the up-and-coming energy source many say could spark a global energy revolution. Analysts believe the landmark agreement will be the first of many as foreign investors look to cash in on the abundance of shale gas resources in China.
[Apr. 5, 2012] Coalbed methane (CBM) gas production should begin to take off within the next six to seven years, playing an integral role China’s gas production growth plans to address anticipated growth in Chinese energy demand as well air quality issues facing the nation.
[Apr. 5, 2012] China Petroleum & Chemical Corp (Sinopec) and ENN Energy Ltd said on Tuesday that they reserved the right to revise the terms of their $2.2 billion takeover offer for China Gas Holdings Ltd .
[Apr. 5, 2012] China Petroleum & Chemical Corp. (0386.HK), or Sinopec, and gas supplier ENN Energy Holdings Ltd. (2688.HK) said Tuesday they reserve the right to revise the terms of their US$2.15 billion offer to acquire China Gas Holdings Ltd. (0384.HK), though the market shouldn’t "speculate on the possibility of any revisions."
[Apr. 5, 2012] China Natural Gas Inc a leading provider of compressed natural gas for vehicular fuel and pipeline natural gas for industrial, commercial and residential use in Xian China announced its financial results for the fourth quarter and full fiscal year ended December 31 2011.
[Apr. 3, 2012] Uzbekistan will start to export natural gas to China from April 1, said chairperson of the board of Uzbekneftegaz national holding company Shokir Fayzullaev.
[Apr. 3, 2012] Coalbed methane (CBM) gas production should begin to take off within the next six to seven years, playing an integral role China’s gas production growth plans to address anticipated growth in Chinese energy demand as well air quality issues facing the nation.
[Apr. 2, 2012] Chinese gas distributor ENN Energy Holdings said it has ample cash to fund a US$2.2 billion bid for a stake in rival China Gas Holdings, Reuters reported. Wilson Cheng, ENN Executive Director and CFO echoed an earlier statement by its bid partner Sinopec, that ENN had around US$951.29 million in cash, enough to finance the takeover. Cheng added that China Gas’ board had refused to contact ENN and Sinopec directly on the proposal.
[Apr. 2, 2012] China’s leading city gas operator China Resources Gas (CR Gas) on March 29 priced a USD750 million bond offering, becoming the latest debut issuer to attract a brisk investor demand.
[Apr. 2, 2012] CNOOC Fujian New Energy Co. Ltd., a joint venture (JV) majority owned by China National Offshore Oil Corp. (CNOOC), plans to build 100 liquefied natural gas (LNG) vehicular refilling stations in Fujian Province by 2015, a source with CNOOC Fujian told Interfax on Friday.
[Apr. 2, 2012] The three partners behind the proposed Kitimat liquefied natural gas (LNG) plant on Canada’s west coast are still looking to secure offtake agreements with East Asian buyers linked to Japan Customs-cleared Crude (JCC), Randy Eresman, chief executive officer of Encana Corp., said in Singapore on Thursday.
[Apr. 2, 2012] Huagang City Gas Group Co. Ltd., a unit of China National Petroleum Corp. (CNPC), has completed construction of a gas liquefaction project in Hebei Province’s Cangzhou City, local media Hebei Workers’ News reported on Wednesday.
[Mar. 30, 2012] South China market turned down sharply on Friday. Trucking prices in South China however went steady at around Yuan 7,650-8,600/mt Friday. Shenzhen market held stable on a range of Yuan 8,400-8,600/mt. In Zhuhai market, the prices for imported materials w
[Mar. 30, 2012] Changfeng Energy announced that the company will establish a joint venture with CNPC Kunlun Natural Gas Exploitation, a wholly-owned subsidiary of PetroChina, to jointly develop natural gas distribution business in four prefecture-level cities in Guangdon
[Mar. 30, 2012] Total SA plans to take a stake of up to 20 percent in a proposed refinery complex in south China, and the French oil company has also sealed a deal with Sinopec to search for shale gas.The 300,000-barrel-a-day refinery in the port city of Zhanjiang in Gua
[Mar. 30, 2012] Good morning. According to SZ China LPG Reports, South China LPG was moderately down on Friday. Truck prices down to a range of Yuan 7,420-8,600/mt.On the imported side, Shenzhen Sino-benny stable at Yuan 9,200/mt and real trading prices down Yuan 50/mt t
[Mar. 30, 2012] PetroChina, China’s biggest oil and gas company, says profit fell 5 per cent last year on soaring costs for imported crude oil and natural gas.The Beijing-based company said Thursday profit fell to 133 billion yuan ($21 million) in 2011, down from 140 bil
[Mar. 30, 2012] Changfeng Energy Inc., /quotes/zigman/492959 CA:CFY +29.73% ("Changfeng" or the "Company"), is pleased to announce today that the Company will establish a joint venture with CNPC Kunlun Natural Gas Exploitation Company Limited ("C
[Mar. 30, 2012] Kunlun Energy Co Ltd , controlled by energy giant PetroChina Co Ltd , will in June start a 2-million-cubic-metre (mcm) per day natural gas liquefaction plant, according to an official managing the project, the largest of its kind in China.The world’s top
[Mar. 30, 2012] A relationship forged from Devon Energy Corp’s operations in the South China Sea helped Sinopec seal a unusual $2.5 billion deal to explore for oil and gas in emerging shale fields in North America, Devon’s chief executive said at the Howard Weil Energy c
[Mar. 29, 2012] South China market held stable on Thursday. Trucking prices in South China however went steady at around Yuan 7,650-8,600/mt Thursday. Shenzhen market moved down to a range of Yuan 8,400-8,600/mt. In Zhuhai market, the prices for imported materials remain
[Mar. 29, 2012] Whinger or investor rights campaigner? Views of China Gas depend on whether you are ENN Energy and Sinopec, its hostile suitors, or those it claims are affected by an “unreasonable” deal timetable (three months, no absolute offer, and counting
[Mar. 29, 2012] Chinese gas distributor ENN Energy Holdings (2688.EKG) said it has ample cash to fund a US$2.2 billion bid for a stake in rival China Gas Holdings (0384.HKG), Reuters reported. Wilson Cheng, ENN Executive Director and CFO echoed an earlier statement by it
[Mar. 29, 2012] n Shenyang cityinvolving 36 gas station prices have been lower than some private stationsbeforeMorning News (Reporter Zhang Zhang) every time gasoline and diesel prices in the state-owned gas stations “adhere to” the context of high oil
[Mar. 29, 2012] China’s biggest offshore energy producer, plans to develop new fields, acquire overseas assets and develop unconventional resources such as shale gas to meet output targets.The energy explorer will start four blocks off the Chinese coast this year,
[Mar. 29, 2012] Zhongguang Wang Beijing March 28, the economy sound << trading live >> reported, Founder Securities machinery industry analyst Peng China 13:15 this afternoon, a guest << trading live >> interpretation of shale gas investment oppor
[Mar. 29, 2012] China raised gas prices twice in less than six weeks to new heights. Since the beginning of this year, the price of petrol and diesel has soared by 900 yuan per tonne, equivalent to around 150 US dollars, hitting a record high.Public transport is one of t
[Mar. 28, 2012] Shaanxi Province in central China has received a total of 100 million cubic meters (MMcm) of natural gas from China National Petroleum Corp.’s (CNPC) 2nd West-East Gas Pipeline (WEP II), CNPC’s internal newspaper reported on Wednesday.
[Mar. 28, 2012] Chinese piped-gas distributor ENN Energy Holdings Ltd. (2688.HK) said Wednesday the offer it and China Petrochemical Corp. (0386.HK), or Sinopec, have made to take over China Gas Holdings Ltd. (0384.HK) reflects fair value.Executive Director Wilson Cheung
[Mar. 28, 2012] provided an update on its coal-to-gas pilot projects in China and Indonesia.The Company’s patent-pending coal-to-gas ("CTG") technology converts the dirtiest fossil fuel, low-grade coal (also known as lignite), into clean-burning natural gas thr
[Mar. 28, 2012] Here we go again. Once again, high gas prices are ripping off the backbone of the U.S. The poor to middle class are being hung out to dry.Insider trading by Wall Street banksters and Washington gangsters are driving the price of gas up again. We’ve
[Mar. 28, 2012] China has hiked retail gasoline prices twice in six weeks to a quarter more than those in the United States, a move that’s suddenly made Beijing’s metro an attractive option for 27 year-old accountant Liu Jia who would normally prefer his Hond
[Mar. 28, 2012] Standing in the Great Hall of the People in Beijing this month, Wen Jiabao, China’s premier, faced thousands of delegates at the ruling Communist party’s annual congress and three small syllables passed his lips: yeyanqi, or shale gas.It was t
[Mar. 28, 2012] China Huaneng Group, the country’s largest power producer by installed capacity, plans to build a gas-fired Combined Heating and Power (CHP) plant in Changsha, capital of Hunan Province, the municipal government announced on Monday.
[Mar. 27, 2012] South China market moved down slightly on Tuesday. Trucking prices in South China went down to a range of Yuan 7,570-8,650/mt Tuesday. Shenzhen market moved down to a range of Yuan 8,550-8,650/mt. In Zhuhai market, the prices for imported materials remain
[Mar. 27, 2012] To the question of whether high gas prices, currently at $4.50 a gallon, would rekindle interest in electrics, the answer is an easy ‘yes.’ There is more than meets the eye, however.Do higher gas prices help lift sales of electric vehicles and
[Mar. 27, 2012] On March 27th, the wholesale prices of 93RON gasoline averaged at Yuan 9,811/mt, remaining the same from previous trading day; domestic diesel 0 wholesale prices averaged at Yuan 9,064/mt, falling by Yuan 6/mt from previous trading day.
[Mar. 27, 2012] Sinopec indicated in an annual earnings report released late Sunday that gas production had increased by 17 percent in 2011 from a year earlier while heavy refining losses weighed down profits.
[Mar. 27, 2012] Following the issue of China’s 12th Five-Year Plan in 2011, which signals the Government’s initiatives for the development and utilization of shale gas and other types of unconventional gasses, on 16 March 2012, four government authorities of
[Mar. 27, 2012] China’s gas liquefaction plants had an average operating rate of 65 percent in the seven-day period ending March 23, up by five percent from the previous interval, according to statistics released on Sunday by industry consultancy Zhuochuang Information.
[Mar. 27, 2012] Shares in UMC Energy (LON:UEP) were up by nearly 25% after it revealed a farm-out deal on its Papua New Guinea assets with China state energy giant CNOOC.UMC Energy acquired three petroleum prospecting licences in Papua New Guinea - PPLs 374 and 375 and o
[Mar. 26, 2012] The domestic methanol price in South China -- which is typically on par with the price in East China -- has started falling in recent days amid uncertainty over demand for downstream dimethyl-ether, market sources said Wednesday.The South China methanol p
[Mar. 26, 2012] The National Energy Administration (NEA) officially unveiled on Friday a target to produce 6.5 billion cubic metres (bcm) of shale gas by 2015, or roughly 6 percent of China’s current total gas production.But it intends to dramatically boost output to 60-
[Mar. 26, 2012] After the the price tag the actual assassin ignored as Haikou, after grievances during slimmer come to beTowns State Instructions won’t implement electric powered strength shadow, even if it’s just definition the media.On The Topic Of April 21
[Mar. 26, 2012] Rescuers have recovered the bodies of five miners and are still trying to reach another 17 trapped underground after a gas explosion ripped through a coal mine in Northeast China’s Liaoning province at noon on Thursday.According to police, the owner of th
[Mar. 23, 2012] South China market moved up moderately on Friday. Trucking prices in South China went up to a range of Yuan 7,900-8,800/mt Friday. Shenzhen market remained stable at a range of Yuan 8,600-8,800/mt. In Zhuhai market, the prices for imported materials held
[Mar. 23, 2012] THE shale-gas revolution, which, of course, is already well underway in the US, could also have major implications for petrochemicals in China.China has 1,275 trillion cubic feet of recoverable shale-gas reserves, according to the Energy Information Admin
[Mar. 23, 2012] Construction on a gas liquefaction project in Shandong Province’s Tai’an City with processing capacity of 2.6 million cubic meters per day (MMcm/d) will begin by June, Li Yulong, China Huanqiu Contracting & Engineering Corp.’s director of strate
[Mar. 23, 2012] LPG posted prices were Yuan 7,930/mt in Guangzhou PC, surged by Yuan 150/mt.Posted prices in Maoming PC were stable at Yuan 7,850mt, soared by Yuan 170/mt..Zhanjiang Dongxing quoted LPG prices at Yuan 7,860mt, shot up by Yuan 170/mt.The settlement prices
[Mar. 23, 2012] Sino Gas & Energy (ASX: SEH) has received a vote of confidence from its largest shareholder Imdex Limited (ASX: IMD) as Sino Gas moves towards first commercial gas production in China this year.More information about China gas , please try to use 『sz
[Mar. 23, 2012] China Petroleum & Chemical, known as Sinopec, is among companies planning to store fuel at Fujairah, an official with the Emirate’s government said.Fujairah’s location outside the Strait of Hormuz oil-shipment chokepoint gives it an advantage in attra
[Mar. 23, 2012] Chief Cabinet Secretary Osamu Fujimura on Thursday asked a visiting Chinese senior lawmaker for cooperation in resuming bilateral talks toward concluding a treaty on joint gas development in the East China Sea, the Foreign Ministry said.During a 30-minute
[Mar. 23, 2012] Hydraulic fracturing of the Cenye-1 shale gas well in Guizhou Province, China’s only shale gas well deeper than 1,000 meters, began on March 19, the provincial arm of the Ministry of Land and Resources (Guizhou MLR) said on Tuesday.
[Mar. 23, 2012] China has concluded its first contract for prospecting for and extraction of shale gas. The China National Petroleum Corporation (CNPC) has signed a production-sharing agreement with the British-Dutch oil giant Royal Dutch Shell. As part of this agreement
[Mar. 23, 2012] China’s imports of liquefied natural gas (LNG) in February rose by 26.02 percent from a year earlier to 832,392 tons, according to statistics released on Thursday by the country’s General Administration of Customs (GAC).
[Mar. 22, 2012] South China market moved up sharply on Thursday. Trucking prices in South China went p to a range of Yuan 7,830-8,800/mt Thursday. Shenzhen market remained stable at a range of Yuan 8,600-8,800/mt. In Zhuhai market, the prices for imported materials held