Inside WEP II. China’s oil and gas majors must separate out their pipeline businesses. (CNPC) Policy & Regulation

China treading cautiously on oil and gas reforms

China’s recently released guidelines for oil and gas reform have been criticised for failing to move the needle, but one expert argues they’ve fulfilled their purpose.

By Colin Shek 21 June 2017
China continues to rely on highly polluting coal to supply two thirds of its energy needs. (PA) Exploration & Production

China energy firms proceed with coal-to-gas projects despite uncertain profit margins

With 70% of China’s power coming from coal, it’s no wonder the Chinese government is pushing coal-to-gas projects as a way of cleaning up the energy industry, but questions remain about profitability.

13 September 2011
Supply & Demand

China imports 14 bcm of Turkmen gas via CACP - NEA

Turkmenistan has supplied 14 billion cubic metres (494 billion cubic feet) of natural gas to China since the Central Asia-China Gas Pipeline (CACP) went online in December 2009.

13 September 2011
Exploration & Production

E&P safety checks crimp CNOOC output this year

Offshore exploration and production (E&P) safety inspections mandated by Chinese authorities are likely to reduce output for China National Offshore Oil Corp. Ltd. (CNOOC Ltd.) by 10% this year, Gordon Kwan, head of energy research at Mirae Asset, told Interfax today.

13 September 2011
Companies & Finance

Zhongyu Gas acquires Nanjing-based gas pipeline operator

Hong Kong Stock Exchange-listed gas distributor Zhongyu Gas Holdings has agreed to fully acquire the natural gas pipeline operator Nanjing Jinqiao Energy Investment Management to gain a foothold in Jiangsu Province's downstream gas market, Zhongyu Gas announced on Monday.

13 September 2011
Exploration & Production

Fortune Oil spokesperson expects Chinese gas prices to go up

Michael Jones, the technology and development director of China based Fortune Oil, told Interfax last week that he expects the government will increase domestically capped gas prices.

12 September 2011
Exploration & Production

Shenhua targets 1.8 bcm of annual CTG output by 2015

Shenhua Group, China's largest coal producer, is aiming to produce 1.8 billion cubic metres (64 billion cubic feet) of coal-to-gas (CTG) output per year by 2015, the company said at an industry conference in Beijing on Thursday.

9 September 2011
GDG’s ambitions go beyond production, however, with plans to move into the downstream supply of compressed natural gas. (Green Dragon Gas) Exploration & Production

Green Dragon Gas hopes to leverage integrated business model in China

Randeep Grewal, founder and chairman of Green Dragon Gas and Stephen Hill, VP of corporate communications tell Interfax about their plans to leverage an integrated business model for CBM in China.

9 September 2011
Companies & Finance

United Energy Group eyeing up to $1.5 billion in oil and gas assets

Hong Kong’s United Energy Group is looking to acquire upstream oil and gas assets worth between $775 million and $1.5 billion in the Middle East, North and South America and Australia, following its takeover of BP’s Pakistan assets last year, Executive Director Leo Kirby told reporters on Friday.

9 September 2011
LNG

Zhuhai Port to form gas-fired power plant JV with CNOOC Gas & Power

Zhuhai Port Power and Energy Co. plans to establish a joint venture (JV) with CNOOC Gas & Power Group to build a gas-fired power plant in Zhuhai City, according to an announcement made on Friday by Zhuhai Port Co.

9 September 2011
Pipelines, Storage & Power

CNPC breaks ground on pipeline linking Shaoyang City to WEP II

China National Petroleum Corp. (CNPC) broke ground on Thursday on a natural gas pipeline linking seven cities in Hunan Province to a branch of the second West-East Pipeline (WEP II), state media reported on Friday.

9 September 2011
Exploration & Production

CNPC unit wins $156 mln in Brightoil contracts

Hong Kong Stock Exchange-listed Brightoil Petroleum Holdings has awarded surveying and construction contracts to China National Petroleum Corp.’s unit Chuanqing Drilling Engineering (CNPC Drilling) for the development of a gas field in the Xinjiang Uyghur Autonomous Region, Brightoil announced on Thursday.

9 September 2011
Supply & Demand

CNPC to begin construction on third trunk line of CACP next year

China National Petroleum Corp. announced on Thursday that it plans to begin construction of a third trunk line to its Central Asia-China Natural Gas Pipeline (CACP) early next year.

8 September 2011
Pipelines, Storage & Power

CNPC to boost storage capacity at Jintan UGS facility to 510 MMcm by 2015

China National Petroleum Corp. will increase total storage capacity at its Jintan underground gas storage facility from 157 to 510 million cubic metres (5.5 to 18 billion cubic feet) by 2015, according to a CNPC newsletter released last week.

8 September 2011
Exploration & Production

CNPC's Tarim Oilfield outputs 101 bcm of natural gas to date

The Tarim Oilfield in the Xinjiang Uyghur Autonomous Region has produced a total of 101 billion cubic metres (3.6 trillion cubic feet) of natural gas since beginning operations 12 years ago, according to an announcement on Wednesday by China National Petroleum Corp., the field's operator.

8 September 2011
Companies & Finance

China Gas enters deal to expand Hubei gas market

China Gas Holdings has agreed to develop downstream natural gas markets in Hubei Province with state-owned provincial gas distributor Hubei Province Natural Gas Development, China Gas announced on Tuesday.

7 September 2011
Pipelines, Storage & Power

Henan Province's Luohe City begins natural gas deliveries from WEP II

Luohe City in central Henan Province began receiving natural gas from China National Petroleum Corp.'s (CNPC) second West-East Pipeline (WEP II) on Monday, the Henan provincial government announced yesterday.

7 September 2011
Exploration & Production

Greka Drilling releases yearly results, sees profit up

Greka Drilling Limited, the largest independent and specialised unconventional gas driller in China, announced results on Wednesday for the year ended 30 June 2011.

7 September 2011
LNG

Shandong Energy to start test production at LNG plant next month

Shandong Energy Xinwen Group, a coal producer owned by the Shandong provincial government, is to start test production at an LNG plant in the Inner Mongolia Autonomous Region by the end of next month, the Shandong government announced on Monday.

6 September 2011
LNG

Yangquan Coal breaks ground on CBM-fired power plant

Yangquan Coal Industry Group, a state-owned coal producer, began construction of an 82 megawatt coal bed methane (CBM) fired power plant in Shanxi Province's Jinzhong City on 1 September, state media reported on Tuesday.

6 September 2011
Pipelines, Storage & Power

Jingzhou City links with Sichuan-Eastern China Natural Gas Pipeline

Jingzhou City in central China's Hubei Province is now linked with the Sichuan-Eastern China Natural Gas Pipeline (SECP), the Jingzhou municipal government said yesterday.

6 September 2011

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