Tag Archives: China

The world’s second-biggest economy aims to install 200 GW of power generation capacity. with 77 GW from clean energy sectors. by 2020.

Subsidiaries of CNOOC. Hess Corp. Chevron Corp and Statoil ASA each have a 25-percent stake in the project. while Hess is the operator.

Shale gas will only become a leading driver for growth in the longer-term.

The quality of crude oil is measured based on the amount of sulphur and the level of gravity or density.

Since 2007. China has loaned more than $50 billion to Venezuela through an oil-for-loans.

Production from all oilfields in West Karoun block is close to 300.000 barrels a day.

CNOOC expects to drill 132 wells this year. up from 126 wells drilled in 2017.

State-owned oil firm is already a major energy and petrochemical supplier to the Asian country.

China has struggled for two years with President Xi Jinping’s drive to reform the country’s coal industry and use cleaner fuels.

Iraq is OPEC’s second-largest oil producer. after Saudi Arabia.