China’s natural gas output is expected to surpass crude oil production around 2025, China National Petroleum Corp (CNPC) oil and gas exploration expert Zou Caineng said on Friday. Domestic natural gas output from CNPC, China’s largest producer, topped 130 billion cubic metres (bcm) in 2020, up 11.6 bcm from the …
Read More »
China appetite for Russian gas is surging, with daily supplies from the Power of Siberia pipeline exceeding its contractual volumes by 20%, Kallanish Energy reports. Russian gas giant Gazprom said in a note on Monday that it continues increasing its gas supplies to China via the pipeline, with volumes from …
Read More »China’s top natural gas buyers have been directed by regulators to share import infrastructure, one of the broadest government efforts yet to enforce reform policies aimed at bolstering energy security and breaking down market barriers between the nation’s three state energy giants. The move comes as the world’s biggest gas …
Read More »
Asia is set to lead the global construction of new trunk/transmission oil and gas pipelines by 2024, holding a 36% of total estimated additions, consulting firm GlobalData said in a new analysis on Friday. The region expects 109 projects with a 46,699-kilometer length of new-build oil and gas pipelines. Roughly …
Read More »
Schlumberger is collaborating with China Petroleum Logging Co. Ltd., a subsidiary of China National Petroleum Corporation, to jointly manufacture wireline downhole technology in China. The collaboration will provide CNPC Logging with a license to manufacture fit-for-basin wireline technology. Schlumberger will support CNPC Logging on the manufacturing and sustaining activities for …
Read More »
China National Petroleum Corporation (CNPC) has discovered a large natural gas field in the southwestern province of Sichuan, the government of Suining City said in a statement on Wednesday. “[It is] an important discovery. The potential reserves of natural gas in this settlement of Suining District may exceed one trillion …
Read More »
South Azadegan is estimated to hold 25.6 billion barrels of oil in place.
Read More »
Iraq temporarily stopped work on an oil field on Sunday and supply from a second production site is at risk as widespread unrest escalates in one of OPEC’s biggest producers.
Read More »
The biggest energy producers in China are tapping more tight oil and gas wells.
Read More »
Iran continues to export oil. especially to China.
Read More »
Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel