Tag Archives: China

Aside from economic growth during a global pandemic, China appears to be also projecting an increase in natural gas demand this winter while other major Asian powers’ gas demand is either expected to remain flat or increase only incrementally. On Thursday, the country’s three state-run oil majors said that China’s …

China started this week building a mega petrochemical and refining complex in east China’s Shandong province, local state media reported, four months after the $20 billion project received state approval. The Yulong project to be built in Yantai, Shandong, China’s hub for independent oil refineries, consists of a 400,000-barrel-per-day oil …

China announced it will shut out new sales of conventional gas-powered vehicles and allow only electric and hybrid versions from 2035, forcing automakers around the world to rethink their strategies in the world’s largest auto market. The policy, announced Oct. 27 by the Ministry of Industry and Information Technology, goes …

Brazil climbed to № 3 among China’s crude oil suppliers last month thanks to continued purchases by independent refiners, whose quotas for imported crude oil are running out, Oilprice analysed. Imports of Brazilian crude oil stood at 4.49 million tons in September, according to a Reuters report. This translates into …

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 …

At the moment, the energy news out of China is a deluge of reports and think pieces about the government’s recently unveiled an extremely ambitious plan to become carbon neutral by 2060 – very big news from the nation that is responsible for a quarter of the world’s total greenhouse …

Chinese PV manufacturer Jetion Solar has announced completion of what it called the world’s highest-altitude, large scale solar-plus-storage project. Built in Gangba county, in Xigaze, Tibet, the 40 MW/193 MWh facility sits more than 4,700m above sea level and receives more than 3,200 hours of sunlight per year, according to …

China is set to build its largest import liquefied natural gas (LNG) terminal with operations slated to start in 2022, state media CCTV reported. According to the broadcaster, the LNG “reserve base” will be located in the Jiangsu province, eventually featuring 20 million tonnes per annum (Mtpa) importing capacity. During …

China has completed the development of a third-generation nuclear technology that could help cut greenhouse gas emissions by millions of tonnes a year, the State Power Investment Corporation announced on Monday. The announcement that work on the CAP 1400 reactors had finished came days after Chinese President Xi Jinping promised …

Russia was the biggest exporter of crude oil to China last month, for the 2nd month in a row, Reuters reported, citing Chinese customs data. Saudi Arabia came 2nd, but its exports to the world’s top importer fell by 300 % in August, Oilprice analysed. Russia shipped 1.37 million bpd …