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Zhonghua Gas Announces Profit Alert to 30 September 2018

Zhonghua Gas Announces Profit Alert to 30 September 2018

October 29, 2018 No Comments

Zhonghua Gas Holdings Limited (the “Company”; Stock Code: 8246) together with its subsidiaries (collective namely the “Group”) today announces that positive profit alert for the nine months ended 30 September 2018. Based on the preliminary review of the relevant unaudited consolidated management accounts, the Group expects to record a substantial increase in the total revenue […]

Shale gas in field of Fuling in S.W China

Shale gas in field of Fuling in S.W China

October 26, 2018 No Comments

The total output of shale gas in field of Fuling in Southwest China’s Chongqing exceeded 20 billion cubic meters as of October 6. Its current daily output could coverage natural gas demand of 32 million residential households, relieving pressure on natural gas supply from central and eastern China. Information source / More : Sinopec Oil […]

CNOOC Announces Results for Third Quarter of 2018

CNOOC Announces Results for Third Quarter of 2018

October 26, 2018 No Comments

CNOOC Limited (the “Company”, SEHK: 00883, NYSE: CEO, TSX: CNU) announced its key operational statistics for the third quarter of 2018. The Company achieved a total net production of 113.8 million barrels of oil equivalent (“BOE”) for the third quarter of 2018, representing a decrease of 2.1% year over year (“YoY”). Production from offshore China […]

Saudi Aramco signs 15 Memoranda of Understanding (MoUs)

Saudi Aramco signs 15 Memoranda of Understanding (MoUs)

October 25, 2018 No Comments

At the highly impactful Future Investment Initiative (FII) forum in Riyadh today, Saudi Aramco signed 15 Memoranda of Understanding (MoUs) and strategic and commercial collaborations valued at more than US$34 billion with 15 international partner companies and entities from eight countries in 3 continents. These collaborations reflect the range and ambition of Saudi Aramco’s business […]

China solar industry struggles through sudden subsidy cuts

China solar industry struggles through sudden subsidy cuts

October 8, 2018 No Comments

China’s solar manufacturers are unhappy with recent government policy changes that have put a brake on the sector. “We’ve already halted work on 11 megawatts of industrial and commercial distributed solar PV projects,” says the marketing director for one solar photovoltaic (PV) module manufacturer in Guangdong province. “Without subsidies there’s no return on investment for […]

Aramco Asia, China University of Petroleum to further strategic collaboration

Aramco Asia, China University of Petroleum to further strategic collaboration

October 1, 2018 No Comments

Saudi Aramco recently signed a Memorandum of Understanding (MoU) with China University of Petroleum in Beijing (CUPB) to enhance their partnership and closer collaboration. The MoU is intended to explore added value opportunities for joint research in the field of research and technology, education, social outreach, and community service betterment for mutual benefit. The MoU […]

Nicolas Maduro Looks To China For A Bailout

Nicolas Maduro Looks To China For A Bailout

September 26, 2018 No Comments

Venezuelan President cum dictator Nicolas Maduro has announced that his nation is set to increase its oil exports to China to a staggering one million barrels per day (bpd) over the next months. Returning from a trip to China, Venezuela’s greatest foreign financier, Maduro also said that each nation plans to invest “around five billion […]

Biggest Risk In Today’s Oil Markets

Biggest Risk In Today’s Oil Markets

September 19, 2018 No Comments

The oil market is “tightening up,” but the Trump administration could still spoil oil prices if its aggressive trade war against China drags down economic growth. The U.S. stepped up the trade conflict with China on Monday when the Trump administration announced $200 billion in tariffs on Chinese imports. The move had been expected for […]

China – Gazprom’s strategic partner.

China – Gazprom’s strategic partner.

September 19, 2018 No Comments

Alexey Miller, Chairman of the Gazprom Management Committee, and Han Zheng, Vice-Premier of the State Council of the People’s Republic of China, met in Moscow to address the issues of strategic cooperation in the energy sector, reviewing, inter alia, the progress of the Power of Siberia project. The construction of the gas pipeline, the development […]

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“Northern New Energy Holdings Limited” Becomes “Zhonghua Gas Holdings Limited”

“Northern New Energy Holdings Limited” Becomes “Zhonghua Gas Holdings Limited”

September 18, 2018 No Comments

Zhonghua Gas Holdings Limited (the “Company”; Stock Code: 8246) announced that the English name of the Company has been changed from “Northern New Energy Holdings Limited” to “Zhonghua Gas Holdings Limited” and the Company has adopted “Zhonghua Gas Holdings Limited” as the new dual foreign name in Chinese of the Company to replace “Northern New […]

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