An LNG bunkering station in Chongqing Global Markets

Hubei Energy charts course for river LNG bunkering

Hubei province’s energy company is investing in LNG infrastructure on the Yangtze River in the expectation that inland LNG bunkering will grow.

By Tang Tian 23 April 2018
Companies & Finance

CNOOC’s sales revenues rise by 10.8% in Q1 2018

CNOOC) saw its sales revenues rise by 10.8% year on year in Q1 2018

23 April 2018
Supply & Demand

Jiangsu province consumed 21.7 bcm of gas in 2017

Jiangsu province in eastern China used a total of 21.7 billion cubic metres of gas last year, making it the biggest gas consumer of all of China’s provinces

23 April 2018
Companies & Finance

PetroChina’s eastern sales branch sold 40 bcm of gas in 2017

PetroChina’s gas sales branch for eastern China sold 40 billion cubic metres of gas in 2017

23 April 2018
Exploration & Production

Qinghai Oilfield LNG sales up 230% in Q1 2018

PetroChina’s Qinghai Oilfield unit sold 3.3 million cubic metres of LNG in Q1 2018, up by 230% year on year.

20 April 2018
Exploration & Production

Fuling shale gas field marks 10 bcm/y capacity expansion

Sinopec and the Chongqing municipal government held a ceremony on Wednesday to mark the completion of a 10 billion cubic metre per year capacity expansion at the Fuling shale gas field

19 April 2018
Exploration & Production

Tarim Oilfield expanding Kelasu field output

PetroChina’s Tarim Oilfield unit has started building new production capacity at the Kelasu gas field in Xinjiang province

19 April 2018
LNG

CNOOC sells imported LNG on SHPGX

CNOOC sold imported LNG on the Shanghai Petroleum and Gas Exchange for forward delivery for the first time on Wednesday

19 April 2018
LNG

Chinese LNG output up as plants boost production

China is forecast to produce almost 35,000 tpd of LNG this week following increased output at plants in the northeast and southwest.

19 April 2018
Pipelines, Storage & Power

Qinghai Oilfield provides 3.3 bcm to Gansu, Qinghai and Tibet

PetroChina’s Qinghai Oilfield subsidiary supplied 3.3 billion cubic metres of gas to Gansu, Qinghai and Tibet between mid-November 2017 and mid-April 2018

18 April 2018
LNG

CNOOC’s Tianjin LNG terminal supplies 1.76 mt between Nov-Mar

CNOOC's Tianjin LNG terminal supplied 1.76 mt of gas between mid-November 2017 and mid-March 2018

18 April 2018
Drilling at China's Fuling shale gas field Exploration & Production

China’s shale gas optimism belies geological challenges

China is likely to miss an official shale gas output target for the second time in a row despite steady progress in recent years.

18 April 2018
LNG

Chinese LNG prices down as demand softens

Ex-works prices at Chinese LNG plants fell by 1.85% last week amid softer demand.

18 April 2018
Supply & Demand

Chinese gas output growing slowly while imports jump

China produced 13.5 billion cubic metres of gas in March, an increase of 0.4% year on year, with production averaging 440 million cubic metres per day

17 April 2018
Exploration & Production

Longwangmiao production exceeds 30 bcm

China National Petroleum Corp. has extracted 30 billion cubic metres of gas from the Longwangmiao formation since 2012

17 April 2018
Exploration & Production

AAG Energy’s CBM output up 29% in Q1 2018

AAG Energy Holdings increased its CBM output by 29% year on year in the first quarter of 2018, to 2.04 million cubic metres per day.

17 April 2018
Supply & Demand

Tarim Oilfield’s output passes 300 mtoe

PetroChina’s Tarim Oilfield company has produced more than 300 mtoe of oil and gas since it was established in 1989

17 April 2018
LNG

Asian spot LNG prices rise after seven-week decline

Asian spot LNG prices gained 1.84% last week after having declined every week for the past seven weeks.

17 April 2018
LNG

CNOOC’s Zuhai LNG terminal sells 515,000 tons of gas in Q1 2018

China National Offshore Oil Corp.’s LNG terminal in Zhuhai sold 515,000 tons of gas in the first quarter of 2018, an increase of 133% year on year

13 April 2018
Supply & Demand

Changqing Oilfield produces 10.7 bcm so far this year

PetroChina’s Changqing Oilfield subsidiary has produced 10.7 billion cubic metres of gas this year as of 8 April

13 April 2018
Exploration & Production

Daqing oilfield produces 1.22 bcm in Q1 2018

CNPC’s Daqing oilfield produced 1.22 billion cubic metres of gas in the first three months of 2018, up by 13.3% year on year

12 April 2018

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