The world’s first 100,000-ton deep-sea semi-submersible oil production and storage platform, China’s self-developed “Deep Sea No 1” energy station, has successfully completed installation of all equipment and is expected to start production at the end of June, China National Offshore Oil Corporation (CNOOC) said on Saturday. It once again demonstrated …
Read More »China Takes Global Lead in Rolling Out Nuclear Power Generators
China has taken the global lead in nuclear energy construction capacity, as the installed capacity of nuclear power generating units under construction remained the world’s largest in the past few years with 17 units currently under construction, according to the Blue Book of Nuclear Energy 2021 released by China Nuclear …
Read More »Xinjiang Sets Record High Wind, Solar Power Generation, Aims to be Clean Energy Base in China
Northwest China’s Xinjiang Uygur Autonomous Region is taking the lead in China’s renewable energy push, with new energy installed capacity reaching a record high of 35.83 million kWh of electricity, supporting the country’s carbon neutrality goal. The total sum of solar and wind capacity has climbed by 135 percent from …
Read More »China’s Power Consumption to Increase 6-7 pct in 2021
China’s electricity consumption, a key barometer of economic activity, is likely to grow by 6 to 7 percent year on year in 2021, according to the China Electricity Council (CEC). Power supply and demand will generally maintain a balance in China this year, though some areas may face power supply …
Read More »Nord Stream 2 Remains Sour Point in US-Europe Ties
Antony Blinken, Joe Biden’s Secretary of State nominee, said on Tuesday that the new government will use every persuasive tool to stop the construction of the Nord Stream 2 gas pipeline. The statement triggered debate over why Biden’s administration, which voiced multiple times it would repair tattered transatlantic ties, persists …
Read More »China Continues to Lead Global New-Energy Sector with 207 Companies in Top 500
A total of 207 Chinese companies made the list of 2020 global top 500 new-energy enterprises this year, outnumbering the US’ 69 companies in the second spot, and Japan’s 54 companies in third, according to a report released by the China Energy Economy Research Institute at the 2020 Global Top …
Read More »Deep-Water Oil Exploration on Upward Trend, Global Cooperation Needed
Deepwater oil and gas production remains a key trend in the energy sector, and global cooperation on deep-water exploration needs to be enhanced to reduce costs against a backdrop of low oil prices, Chinese oil and gas experts said at China Energy Week 2020, a conference jointly held by the …
Read More »Natural Gas Accounts for 32% of Energy Use in Beijing
China’s capital city Beijing has expanded use of natural gas to account for 32 percent of its energy mix, becoming the second largest natural gas-consuming city in the world, PetroChina Beijing Gas Pipeline Co told reporters. This is the highest level of natural gas used in a Chinese city, in …
Read More »China, Russia to Test Crude Oil Transport via Railways
China and Russian will begin to transport crude oil via a bilateral freight train service from July, an executive of JSC Russian Railways said at an industry seminar on the future of railway freight train service between China and the Europe on Tuesday. The new form of energy transport is …
Read More »China to Accelerate Underground Natural Gas Storage Tank Construction
China on Sunday released a guideline on developing the country’s western regions, ordering the construction of additional oil and natural gas production bases and underground tanks. The guideline urged to optimize supply and demand energy structure, increase the exploration and use of renewable energy, and build a multi-level natural gas …
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