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Sinopec, CNPC Stop Buying Iranian Oil In May

Sinopec, CNPC Stop Buying Iranian Oil In May

May 12, 2019 No Comments

China’s two largest oil companies, CNPC and Sinopec have not ordered any Iranian oil cargoes to load this month after the expiry of the sanction waivers Washington had granted China and seven other Iranian oil importers, Reuters reports, citing unnamed sources. The news comes despite statements from Beijing that it will not comply with the U.S. […]

Zhonghua Gas Announces First Quarter Results for the Three Months Ended 31 March 2019

Zhonghua Gas Announces First Quarter Results for the Three Months Ended 31 March 2019

May 10, 2019 No Comments

Net Profit Attributable to the Owners Increased by 252.2% to HK$13.1 Million Zhonghua Gas Holdings Limited (the “Company”; Stock Code: 8246) together with its subsidiaries (collective namely the “Group”) today announces that the first quarter results for the three months ended 31 March 2019 (“the Current Period”). Revenue of the Group for the Current Period […]

IMF and China’s Ministry of Finance Sign a New Agreement

IMF and China’s Ministry of Finance Sign a New Agreement

April 29, 2019 No Comments

On April 24th, the IMF Managing Director Christine Lagarde and China’s Finance Minister LIU Kun signed a new Memorandum of Understanding (MOU) on technical cooperation and training to support China’s fiscal reforms, macro-fiscal issues, and priorities related to the Belt and Road Initiative. The agreement builds on the already close collaboration between the IMF and […]

Zhonghua Gas Holdings Announce Profit Alert for 2019 First Quarter

Zhonghua Gas Holdings Announce Profit Alert for 2019 First Quarter

April 26, 2019 No Comments

Zhonghua Gas Holdings Limited (the “Company”; Stock Code: 8246) together with its subsidiaries (collective namely the “Group”) today announces the positive profit alert for the three months ended 31 March 2019 (the “2019 First Quarter”). Based on the information currently available to the Board of Directors and the preliminary review of the relevant unaudited consolidated […]

Is This A Gamechanger For The Lithium Industry?

Is This A Gamechanger For The Lithium Industry?

April 25, 2019 No Comments

2018 was a terrible year for commodities, but few sectors fared as badly as lithium.  The crucial battery metal, also known as “White petroleum“, struggled through a 50 percent price correction as supply soared and demand fears spread like wildfire.  But it isn’t time to give up on lithium stocks just yet.  The rising stars […]

Brand Finance Oil & Gas 50 rankings

Brand Finance Oil & Gas 50 rankings

April 24, 2019 No Comments

On April 1, 2019, Brand Finance, an Independent Brand Valuation and Strategy Consultancy, revealed the list of the World’s 50 Most Valuable Oil and Gas Brands 2019. PetroChina Company Limited (PetroChina) held firm in second place with a brand value of US$36.8 billion, a year-on-year increase of 18% and a rating up from AA+ to […]

UAE-Produced Calcined Coke Export Shiped to mainland China

UAE-Produced Calcined Coke Export Shiped to mainland China

April 24, 2019 No Comments

The first-ever shipment of UAE-produced calcined coke has begun its maiden voyage to mainland China. 10,500 tons of calcined coke were loaded by ADNOC Refining, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), onto the M/V Lucky Ocho, a vessel chartered by ADNOC Logistics & Services, to be delivered in Yantai, China by […]

ExxonMobil signs 20-year LNG agreement with Zhejiang Energy

ExxonMobil signs 20-year LNG agreement with Zhejiang Energy

April 23, 2019 No Comments

ExxonMobil said that it signed a sales and purchase agreement with Zhejiang Provincial Energy Group for liquefied natural gas (LNG) supply. Under the agreement, Zhejiang Energy is expected to receive 1 million metric tons per annum of LNG over 20 years. Zhejiang Energy to receive 1 million metric tons of LNG per annum over 20 […]

MHPS Signs TLA with CSIC Longjiang GH Gas Turbine (GHGT)

MHPS Signs TLA with CSIC Longjiang GH Gas Turbine (GHGT)

April 15, 2019 No Comments

On March 28, Mitsubishi Hitachi Power Systems, Ltd. (MHPS) signed a Technology License Agreement (TLA) under which it will license production technology for its H-25 Series gas turbines to CSIC Longjiang GH Gas Turbine Co., Ltd. (GHGT), a Chinese company headquartered in Harbin that undertakes development, engineering and manufacturing of gas turbines. Today the Chinese […]

Saft joins forces with Tianneng in China

Saft joins forces with Tianneng in China

April 10, 2019 No Comments

Saft, a subsidiary of Total, has signed an agreement with Tianneng Energy Technology (TET), a subsidiary of the Chinese privately-owned Tianneng Group, to create a joint venture (JV) to expand their lithium-ion activity. Manufacturing will be based at the Changxing Gigafactory, with a potential capacity of 5.5 gigawatt hours (GWh), among which several GWh are […]

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