Underground natural gas storage capacity should be expanded to increase the nation's strategic energy reserves and ensure supply, said a senior official from China Petrochemical Corp (Sinopec), the country's biggest refiner. Sun Jian, ...
Tags: Underground Gas, Energy Security'
Rising production costs and falling global crude prices are prompting Chinese oil companies to reduce output and explore other options for sustainable profit growth in the long term, a leading industry expert said on Tuesday. Part of the ...
Tags: crude prices, Crude Oil
China's state-owned Sinopec said Wednesday it has signed a pact with Kuwait Petroleum Co to enhance cooperation in the oil sector, including refining. Sinopec, or China Petrochemical Corp., said the deal was signed Tuesday in Beijing in ...
Tags: Oil, Refining, Metallurgy, Mineral, Energy
China is targeting to raise its synthetic coal-to-gas output to 50 billion cubic meters by 2020, accounting for over 12% of domestic supply, an official with the National Energy Administration said Wednesday. But actual output may fall ...
Tags: Coal-to-Gas Output, Energy
China Petrochemical Corp, Asia's top refiner, is expanding in Africa through investment and social involvement, Du Juan reports As Africa becomes increasingly important in the global energy structure, with growing proven reserves of oil ...
Tags: Sinopec, China Petrochemical
The exploration and development of shale gas in China is accelerating with production in 2015 set to easily exceed this year's 100 million cubic meters, a senior official at the Ministry of Land and Resources, said on Friday. "In 2015 we ...
Amid growing demand for natural gas, China's top economic planner has called for an increase in imports and stronger cooperation with Central Asian countries to ensure a stable supply in the coming winter. The National Development and ...
Tags: Gas Imports, natural gas
China's gasoil exports in August hit an almost 17-month low of 70,000 mt, according to data released by the General Administration of Customs late Monday. The volumes were the lowest since March 2012, when China exported 60,000 mt of ...
Tags: Gasoil Exports, Chemicals
China's top three oil and gas producers have signed up for bidding for a block of a deepwater oil field in Brazil, each. Brazil will hold a bidding for a pre-salt block in the Libra oil field and the first round is scheduled to be held on ...
Tags: Metallurgy, Mineral, Energy, gas, oil
A total of 95 Chinese companies have made it onto the list of Fortune 500 companies compiled by Fortune magazine, with combined gross revenue of $5.2 trillion, or 17 percent of the Fortune 500's total revenue. The list, ranked by ...
Tags: Fortune, Chinese Companies
An oil field off the Nigerian coast with substantial reserves and potential risks has become the latest foreign prize scooped up as part of China Petrochemical Corp.'s African expansion campaign. The state owned oil gorilla better known ...
Tags: oil field, oil, China Petrochemical Corp, oil industry