Tag Archives: Global Times

Chinese state-owned China National Offshore Oil Corporation (CNOOC) unveiled a home-grown floating production storage and offloading vessel, known as an FPSO, with the deepest working depth, at 420 meters underwater, on Friday. CNOOC said the vessel will help boost oil and gas exploration in the South China Sea. The 256-meter-long …

The building of the middle subsection began in July 2019.

China witnessed a decline in renewable energy capacity addition in 2019.

The hydropower station is the first dam in the world to fully use low heat cement.

Pressure has mounted on China to develop soybean importing channels after its trade relations soured with the US.

China imports a large amount of oil and gas every year. posing a threat to national energy security.

GlobalData identifies Turkey as the second largest country in terms of new-build underground gas storage capacity growth by 2023.

US liquefied natural gas (LNG) was hit with a tariff of 25 percent. the highest rate in the Chinese countermeasures.

China is Iran'.s biggest oil customer. importing about 22 million tons of crude oil from Iran in 2018.

Last year. China'.s crude oil imports surged 10.1 percent year-on-year to 460 million tons.