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China Just Doubled Oil Shipments To North Korea

China Just Doubled Oil Shipments To North Korea

July 20, 2018 No Comments

After the recent visits of North Korean leader Kim Jong-un to China, Beijing has almost doubled the volume of crude oil pipeline shipments to North Korea, South Korea’s newspaper Chosun Ilbo reported on Thursday, citing a source in Beijing. The surge in Chinese shipments to North Korea is raising additional concerns that China could undermine […]

CNOOC Explore Offshore Investment In Nigeria

CNOOC Explore Offshore Investment In Nigeria

July 19, 2018 No Comments

CNOOC Ltd is willing to invest an additional US$3 billion in its existing stakes in offshore oil and gas operations in Nigeria, the Nigerian National Petroleum Corp. (NNPC) said on July 15. CNOOC Ltd’s CEO, Yuan Guangyu, said the company’s investment in Nigeria was its “most strategic and important overseas business undertaking”, according to an […]

ADNOC Awards US $1.6bn Contracts to CNPC Affiliate

ADNOC Awards US $1.6bn Contracts to CNPC Affiliate

July 19, 2018 No Comments

The Abu Dhabi National Oil Company (ADNOC) has awarded contracts worth AED 5.88bn (US $1.6bn) for the world’s largest continuous 3D onshore and offshore seismic survey, covering an area up to 53,000 square kilometres, as the company continues to identify and unlock new opportunities and maximize value from its hydrocarbon resources and deliver on its […]

40MW photovoltaic power station project in Kazakhstan

July 19, 2018 No Comments

Risen Energy Co., Ltd. recently signed a financing agreement with the European Bank for Reconstruction and Development (EBRD) for a 40MW photovoltaic power station project in Kazakhstan. Under the agreement, the financing program will provide three loans: US$22 million converted at Kazakhstan local exchange rate, US$5.8 million from the Clean Energy Technology Fund and US$4.2 […]

Tags: , , , Renewables
First Yamal cargoes arrive in China

First Yamal cargoes arrive in China

July 19, 2018 No Comments

PAO NOVATEK (“NOVATEK” and/or the “Company”) has shipped its first cargos of liquefied natural gas (LNG) from the Yamal LNG project to China via the Northern Sea Route. Today, in the presence of Alexander Novak, the Minister of Energy of Russia and Nur Bekri, the Director of the National Energy Administration of China, an official […]

Hybrid Kinetic Group Unveil New Product Lineup

Hybrid Kinetic Group Unveil New Product Lineup

July 18, 2018 No Comments

Hybrid Kinetic Group unveiled three range extended electric drive vehicles at the Shanghai Auto Show last year—the H600, K750, and K550. This year, it will be launching three new models, including one in a new category; the high-end and high-speed HK GT. The new concept cars bring more product coverage to the HK car family […]

CNOOC Signs a PSC with Roc Oil and Smart Oil

CNOOC Signs a PSC with Roc Oil and Smart Oil

July 16, 2018 No Comments

CNOOC Limited (the “Company”, SEHK: 00883, NYSE: CEO, TSX: CNU) announced that its parent company, China National Offshore Oil Corporation (CNOOC), has signed a production sharing contract (PSC) with Roc Oil (Bohai) Company (Roc Oil) and Smart Oil Investment Ltd. (Smart Oil) for Weizhou 10-3W oilfield and Block 22/04 (contract area) in the South China […]

CNOOC to Invest $3bn in Nigeria

CNOOC to Invest $3bn in Nigeria

July 16, 2018 No Comments

The Management of China National Offshore Oil Corporation (CNOOC) has expressed readiness to invest additional $3billion in its existing stakes in offshore oil and gas operations in the Nigerian jurisdiction. Leading a team of CNOOC top executives to the corporate headquarters of the Nigerian National Petroleum Corporation (NNPC), Yuan Guangyu, Chief Executive Officer of the […]

Total and CCCC Strengthening Their Relationship Worldwide

Total and CCCC Strengthening Their Relationship Worldwide

July 13, 2018 No Comments

Total and China Communications Construction Company (CCCC) have signed a mutual preferred supplier agreement to extend their existing relationship to a worldwide perimeter. CCCC, a fully integrated engineering company, and Total, a global integrated energy producer and provider, are both key players in their respective fields with an extensive presence around the world. Total currently […]

New Oil Cartel Threatening OPEC

New Oil Cartel Threatening OPEC

July 5, 2018 No Comments

When reports emerged that India and China are in talks about forming an oil buyers’ club, OPEC was probably too busy with its upcoming June 22 meeting to concern itself with that dangerous alliance. Now, it may be time for it to start worrying. “The timing is right. The boom in U.S. oil and gas […]

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