The first phase of construction on east China’s largest condensate gas field, Bozhong 19-6, began in Shandong Province on Saturday. It is the first 100 billion-cubic-meter gas field in China’s Bohai Bay. The project is expected to include eight individual structures – a central platform, three unmanned wellhead platforms and …
Read More »Russian Gas Sales to China will not Make up for Loss of European Markets after Ukraine Invasion
Increased China purchases of Russian natural gas will not make up for the loss of the European market, but their real importance to Moscow will be as a channel for necessary goods in the face of strict Western sanctions, according to a leading energy analyst. The European Union and Britain …
Read More »China Sets Green Hydrogen Target for 2025, Eyes Widespread Use
China’s top economic planner announced a target on Wednesday (Mar 23) to produce up to 200,000 tonnes per year of green hydrogen, a zero-carbon fuel generated from renewable energy sources, by 2025, but envisions a more widespread industry over the long term. The country aims to produce 100,000 tonnes to …
Read More »China to Boost Renewable Power, Balance with Oil and Gas to 2025
China aims to increase renewable power, maintain crude oil output and boost natural gas production, as it seeks to balance energy security and achieve its climate change goals. China, the world’s biggest greenhouse gases emitter, has said its carbon emission would peak by 2030 while it would achieve carbon neutrality …
Read More »China’s Largest Oil-and-Gas Field Sees Record-High Winter Heating Supplies
China’s largest oil-and-gas field, Changqing oilfield, had produced over 17.7 billion cubic meters of natural gas during this winter heating season, statistics as of March 15 showed. As China’s largest natural gas production base, the oilfield supplies natural gas to more than 40 major cities, including Beijing and Tianjin. For …
Read More »Climate Change Worsens China’s Food Security Problem
A recent study carried out by researchers at the Potsdam Institute for Climate Impact Research found that increased global temperatures caused by the emission of greenhouse gases could lead to a two-fold increase in crop pests and disease in China by the end of the century. They warn that this …
Read More »Oil Prices Plunge as China Locks down Shenzen
Oil prices fell below the $110 per barrel mark early on Monday after China locked down several cities because of a surge in COVID cases and Russia and Ukraine separately signaled progress in talks that continue today. As of 7:30 a.m. EDT on Monday, WTI Crude was down 5.75% at …
Read More »China’s Coal Output Grows to Stabilize Market Supply
China’s coal market has seen growth in output since late February amid the country’s efforts to stabilize production and ensure supply, the top economic planner said. The country’s daily output of coal has maintained more than 12 million tonnes since late February, up 10 percent year on year, the National …
Read More »China to Expand Coal Use as it Prioritizes Energy Security
Despite pledges to contribute to global efforts of reducing emissions, China will continue to maximize the use of coal in coming years as it caters to its energy security, the top Chinese policymakers said this week. Chinese President Xi Jinping has told representatives from its biggest coal-producing region, Inner Mongolia, …
Read More »China Defies US Move to Ban Oil Imports from Russia
China on Wednesday defied the US move to ban imports of oil and other energy products from Russia, reiterating its opposition to “unilateral sanctions.” “China and Russia have always maintained sound energy cooperation relations and the two will continue to carry out normal trade cooperation including oil and gas in …
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