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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 […]

ENERGY NEWSTRACK TO 06/09/18:

ENERGY NEWSTRACK TO 06/09/18:

September 6, 2018 No Comments

The price of OPEC basket of fifteen crudes stood at $75.18 a barrel on Wednesday, 5 September 2018, compared with $76.32 the previous day, according to OPEC Secretariat calculation. Includes: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Islamic Republic of Iran), Basra Light (Iraq), Kuwait […]

NNPC, China Sign Agreement on Oilfield Services

NNPC, China Sign Agreement on Oilfield Services

September 6, 2018 No Comments

The Nigerian National Petroleum Corporation (NNPC) has signed a Memorandum of Understanding (MoU) in China with the China National Offshore Oil Corporation (CNOOC) towards developing Nigeria’s oilfield services as well as boosting research and development in the oil and gas industry. The MoU signing, the third in the series within the week, by the NNPC […]

ExxonMobil Signs Framework Agreement in China

ExxonMobil Signs Framework Agreement in China

September 6, 2018 No Comments

ExxonMobil said today that it has signed a cooperation framework agreement with the Guangdong Provincial People’s Government to advance discussions concerning the proposed construction of a chemical complex in the Huizhou Dayawan Petrochemical Industrial Park. The new facility would help meet expected demand growth for chemical products in China. The multibillion-dollar project, which remains subject […]

Total sells its polystyrene business in China

Total sells its polystyrene business in China

September 5, 2018 No Comments

Total has accepted an offer from INEOS Styrolution, the leading global styrenics supplier, to acquire its polystyrene business in China. It includes in particular two facilities with a production capacity of 200,000 tons per year each, located in Ningbo, Zhejiang Province, and in Foshan, Guangdong Province. “The sale is in line with our active portfolio […]

CNOC Guarantees Funding for NNPC’s AKK Project

CNOC Guarantees Funding for NNPC’s AKK Project

September 4, 2018 No Comments

China National Petroleum Corporation (CNPC) has assured the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, of its unflinching commitment towards securing funding for the successful financing and subsequent execution of the Ajaokuta-Kaduna-Kano (AKK) pipeline project. The huge boost for the project was revealed during a high-level meeting between the […]

MHPS Signs MOU with Dongfang Electric

MHPS Signs MOU with Dongfang Electric

August 31, 2018 No Comments

On August 28, Mitsubishi Hitachi Power Systems, Ltd. (MHPS) signed a memorandum of understanding (MOU) with China’s Dongfang Electric Corporation and Sichuan Provincial Investment Group Co., Ltd. pursuant to plans for a model project adopting the latest J-Series gas turbine at a thermal power plant which Sichuan Provincial Investment Group intends to build in the […]

China Slaps 25% Tariff On U.S. Oil Products

China Slaps 25% Tariff On U.S. Oil Products

August 24, 2018 No Comments

China’s latest round of tariffs in response to U.S. tariffs on US$16 billion worth of Chinese goods entered into force today despite talks this week between U.S. and Chinese officials seeking to put an end to the trade dispute. The list of U.S. products this time includes oil products and coal for the first time, […]

Aker Wins Umbilical Systems Order in China

Aker Wins Umbilical Systems Order in China

August 15, 2018 No Comments

Aker Solutions won orders valued at more than NOK 350 million to deliver power umbilical systems to China National Offshore Oil Corporation’s (CNOOC) Liuhua oil fields in the South China Sea, off Hong Kong. The work scope includes more than 35 kilometers of dynamic and static power umbilicals for the Liuhua 16-2, 20-2 and 21-2 […]

Northern New Energy Announces Interim Results

Northern New Energy Announces Interim Results

August 13, 2018 No Comments

Northern New Energy Holdings Limited (“Northern New Energy” / the “Company”; stock code: 8246) announced the interim results for the six months ended 30 June 2018 (“the Current Period”). The Group adopted the dual-track development business strategy for its two business segments – the New energy business and the Catering business. It continued to gradually […]

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