Tag Archive

Fuling shale gas field output exceeded expectation in 2018

Fuling shale gas field output exceeded expectation in 2018

January 15, 2019 No Comments

Sinopec’s Fuling shale gas field generated 6.02 billion cubic meters of shale gas in 2018. The field’s gas sales reached 5.78 billion cubic meters last year, ranking first both in production and sales among China’s shale gas fields. The Fuling shale gas field, located in southwest China’s Chongqing municipality, is of great significance to the […]

MHPS Completes Handover for Turbine Generation Facilities in China

MHPS Completes Handover for Turbine Generation Facilities in China

December 19, 2018 No Comments

Mitsubishi Hitachi Power Systems, Ltd. (MHPS) announces that the steam turbine generation facilities supplied for the Haiyang Nuclear Power Plant in China have cleared all functional, safety confirmation, and required performance tests, and a handover was made on December 11. Operations at the plant have begun, making it the second site with a 1,250 megawatt […]

BMW obtains ride-hailing licence in China

BMW obtains ride-hailing licence in China

November 22, 2018 No Comments

BMW has been awarded a licence to launch a ride-hailing firm in China in December, making it the first global car manufacturer to enter the competitive market. Operating under the name BMW Mobility Service, BMW said its licence has been granted for initial operations in Chengdu, the capital of Sichuan province. The Chinese market is […]

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 […]

Page 1 of 3212345»102030...Last »