For Turkmenistan, energy cooperation with China has injected momentum for the natural gas-rich country’s export diversity strategy and secured a stable and huge market. It has also unlocked potential in areas including green energy, natural gas utilization, energy technologies and equipment to enhance cooperation across the industrial chain. Turkmenistan is …
Read More »Taliban Says China Eyeing Investments in Afghanistan’s Gas, Oil Sectors
The Taliban has stated that China is interested in investing in Afghanistan’s oil and gas industries. Homyaoon Afghan, the spokesperson for the Ministry of Mines and Petroleum, has stated that they have facilitated the necessary infrastructure for potential investors. “The minister thanked the investors and said that Afghanistan is rich …
Read More »China’s Largest Offshore Drilling Platform Finishes Float-over Installation of Topsides
The float-over installation of the topsides of a 15,000-tonne offshore drilling platform was completed on Saturday using a jacket platform, the steel frame supporting the topsides, in south China’s Guangdong Province, according to the China National Offshore Oil Corporation (CNOOC). The Enping 20-4 platform in Enping oilfield, located in the …
Read More »World’s First Hydrogen-Powered Urban Train Unveiled in China
A Chinese railway equipment company unveiled the world’s first hydrogen-powered urban train during a China Brand Day event this week in Shanghai. The green and low-carbon train, built by the China Railway Rolling Stock Corporation (CRRC), can run as fast as 160 kilometers an hour with a range of 600 …
Read More »UAE Signs Nuclear Deals with Chinese Companies
The Emirates Nuclear Energy Corporation signed three agreements with China National Nuclear Corporation and its subsidiaries during a visit to China. An agreement with Nuclear Power Operations Research Institute will focus on possible collaboration between the two parties in nuclear energy operations and maintenance. The deal signed with the China …
Read More »China Boosts Offshore Oil and Natural Gas Output
China reported higher offshore crude oil and natural gas production for the first quarter, with oil production up by 3.8% and natural gas production up by 6.5%, Xinhua reported. The increase was part of a broader one for the country’s marine economy, which grew by 5.1% during the first quarter, …
Read More »China’s Renewed Appetite for Urals could Temper India’s Russian Oil Buys
Chinese refiners are ramping up purchases of Russia’s Urals crude–the mainstay of India’s Russian oil imports–leading to competition between the two Asian neighbours, which, among other factors, could result in New Delhi’s oil imports from Moscow peaking as early as this month. In April, India’s import of Russian crude set …
Read More »Sinopec Begins Drilling Asia’s Deepest Oil, Gas Well in Tarim Basin
China Petroleum & Chemical Corporation (“Sinopec”) has initiated the drilling of Project Deep Earth 1-Yuejin 3-3XC Well on May 1 in the Tarim basin, Xinjiang Uyghur Autonomous Region. With a design depth of 9,472 meters, it will be the deepest oil and gas well in Asia and a breakthrough of …
Read More »India and China Look to Avoid Setting Deadline for Fossil Fuels Phase-out
The biggest developing economies and largest coal consumers, India and China, are seeking a G20 pledge that would leave countries to decide on “multiple energy pathways” to reduce emissions instead of setting a firm deadline for phasing out the use of fossil fuels, Indian government officials have told Reuters. India, …
Read More »World’s Top Steelmaker Signs Deal for Saudi Arabian Steel Plant
China’s Baoshan Iron & Steel Co. has joined forces with Saudi Aramco and the kingdom’s sovereign wealth fund to set up a steel plant in the Middle Eastern nation as the two countries deepen commercial ties. The complex in Ras Al-Khair will churn out up to 1.5 million tons of …
Read More »