Tag Archives: Global Times

The Shengli Oilfield affiliated to Sinopec in Dongying, east China’s Shandong Province, reported a discovery 485 million tons of shale oil, and a shale oil reserve of more than 4 billion tons after pilot exploration, the state broadcaster CCTV reported on Tuesday. The maximum daily shale oil output of a …

After a power crunch battered the world’s second largest economy from September, China has achieved significant improvement in coal supply due to expanded output and stabilizing prices. As winter approaches, the country is boosting energy supplies in full swing to ensure winter heating needs. China Energy said the coal industry …

China will modify its current energy structure with measures including establishing a carbon dioxide emissions scale control system and restricting coal-fired power projects, He Lifeng, chairman of National Development and Reform Commission, said in an article published in the People’s Daily on Monday. The article, which reinitiated the efforts that …

China’s National Energy Administration (NEA) on Thursday issued a middle and long-term development plan for the country’s pumped storage hydropower sector covering the period from 2021 to 2035, as part of efforts to boost clean energy and reach carbon emission reduction goals. Among the major development goals, the plan aims …

China’s first self-operated deep-water gas field Deep Sea No1 on Monday officially entered operation after completion of its last production well, demonstrating China’s attainments in ocean gas and oil exploration. Deep Sea No 1 can provide over 3 billion cubic meters of deep-water natural gas annually to Guangdong-Hong Kong-Macao Greater …

China and Arab states, both tasked with a mission to ensure energy security while pushing for a transition toward renewables, have set their eyes on closer energy ties, notably in green sources such as solar panels, hydrogen and nuclear power, energy authorities and industry insiders said Friday at a major …

China’s largest offshore oil producer China National Offshore Oil Corp (CNOOC) on Monday announced that Liuhua 16-2 oilfield cluster, China’s first independent deepwater oil and gas project, is now in full-throttle production in the South China Sea. CNOOC hailed the new progress at Liuhua 16-2 oilfield cluster as another major …

The world’s first commercial modular small reactor on land, the Linglong 1, has officially entered into the construction phase for a demonstration project in Changjiang Nuclear Power Plant in South China’s Hainan Province on Tuesday, sending a renewed signal to the world regarding China’s leading position in modular small reactor …

A trial program focused on domestically made Natural Gas Hydrate (NGH) exploration equipment has been completed in the South China Sea, Global Times learned from China National Offshore Oil Corporation (CNOOC) on Monday, marking a forward step in China’s NGH detection and exploration development. CNOOC said the trial program had …

China has discovered a new 1-billion-ton super-deep oil and gas area in the Tarim Basin in Northwest China’s Xinjiang Uygur Autonomous Region, the largest discovery in the basin in nearly 10 years, the Chinese state-owned energy giant China National Petroleum Corporation (CNPC) said on Friday. The discovered well is located …