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Exploration & Production

Difficulties could derail China’s shale ambitions

While the Chinese leadership has trumpeted the potential of its vast unconventional resource base – a tune that some foreign majors have been happy to echo – some sceptical voices have also emerged.

11 May 2012
Exploration & Production

CNPC’s Jilin oilfield on track to meet output targets

Jilin oilfield in the resource-rich Songliao Basin of Jilin Province produced 801 million cubic metres (MMcm) of gas in the first four months of the year, China National Petroleum Corp. (CNPC), the oilfield’s operator, said in a statement issued on 10 May.

10 May 2012
Policy & Regulation

CNOOC chairman blurs line between business and policy

China National Offshore Oil Corp. (CNOOC) chairman Wang Yilin waded into the heated debate over the disputed South China Sea on Wednesday, saying CNOOC would “strive to protect the nation’s offshore oil interests”, as he inaugurated China’s first deep-sea drilling operation with a domestically manufactured rig.

10 May 2012
LNG

Dapeng terminal marks 25 million ton throughput milestone

The Dapeng LNG terminal in Guangdong Province has received 25 million tons of LNG since entering operations in June 2006, China National Offshore Oil Corp. (CNOOC), a major stakeholder in the project, announced on Monday.

9 May 2012
Supply & Demand

CNPC unit’s CNG plan in Shiyan in tune with NGV sector

PetroChina Kunlun Natural Gas Utilisation, a unit of China National Petroleum Corp. (CNPC), has won approval to develop CNG infrastructure in Shiyan City, an automobile manufacturing base in Hubei Province, the local arm of the National Development and Reform Commission (NDRC) announced on Monday.

9 May 2012
LNG

Hubei Xinjie wins approval for vehicular gas station build-out

Hubei Xinjie has received approval to build 11 vehicular gas refilling stations in Hubei Province's Huangshi City, a source with the Huangshi municipal arm of the National Development and Reform Commission (NDRC) confirmed to Interfax on Monday.

8 May 2012
Companies & Finance

Beijing gas distributor enlarges stake in China Gas Holdings

The China Gas Holdings takeover saga took another twist over the weekend as Beijing Enterprises Group, owner of the largest gas distributor in Beijing, enlarged its equity position in the Sinopec-ENN Energy takeover target.

8 May 2012
Pipelines, Storage & Power

WEP II's Guangzhou-Shenzhen spur starts initial operations

A spur of the second West-East Gas Pipeline (WEP II) that will supply the southern city of Shenzhen with Central Asian gas began operations on Friday, WEP II's operator China National Petroleum Corp. (CNPC) announced on Monday.

8 May 2012
LNG

CNOOC commissions state shipbuilder to design small LNG carrier

China National Offshore Oil Corp. (CNOOC), the country's leading LNG terminal operator, has commissioned China State Shipbuilding Corp. (CSSC) to design its first small-scale LNG carrier.

8 May 2012
Exploration & Production

China CBM explorer looks to write-down share capital

New Smart Energy Group, a Hong-Kong listed CBM explorer, is planning a reduction of its share capital after losing $70.9 million in its CBM operations in 2011, the company said on Wednesday.

4 May 2012
Supply & Demand

Gas to comprise 16% of Chengdu’s energy mix by 2015

Chengdu, capital of Sichuan Province in southwest China, will rely on gas to meet 16% of its energy needs by 2015, up from 13.15% in 2010, the Chengdu municipal government announced on Friday.

4 May 2012
Policy & Regulation

Beijing touts private investment to chip away at monopolies

Beijing’s push to boost private investment in the Chinese energy sector is intended to limit monopolies by state-owned companies in the gas sector, industry experts told Interfax on Friday.

4 May 2012
Exploration & Production

Financing woes claim CBM casualty in China

China CBM Group’s failed foray into CBM development sheds light on yet another obstacle that may be stunting the growth of the unconventional sector in China.

3 May 2012
Exploration & Production

China invested $222 million shale gas in 2011

China’s investment in domestic shale gas exploration and development reached approximately RMB 1.4 billion ($221.92 million) in 2011, the Ministry of Land and Resources’ (MLR’s) internal newspaper reported last week.

3 May 2012
Policy & Regulation

Ningxia delays gas price hike

Central China’s Ningxia Hui Autonomous Region will delay a planned hike of retail gas prices for natural gas-powered vehicles (NGVs) to 15 May, an official with the Ningxia pricing bureau confirmed to Interfax on Thursday.

3 May 2012
Pipelines, Storage & Power

CNPC expands presence in Shandong gas market

China National Petroleum Corp. (CNPC) has strengthened its presence in Shandong Province’s gas market by linking the northeastern province to the second West-East Gas Pipeline (WEP II).

2 May 2012
Supply & Demand

Hebei gas supply up by 19.2% in first quarter

Hebei Province’s gas supply surged by 19.2% year-on-year to 379 million cubic metres (MMcm) in the first quarter of 2012, the National Development and Reform Commission (NDRC), said last week.

2 May 2012
Pipelines, Storage & Power

CNOOC to sell gas to Pertamina, rather than flaring

China National Offshore Oil Corp.’s (CNOOC’s) Indonesian subsidiary has agreed to sell gas that it would normally flare to Pertamina, which will feed the gas to a power generator used in its oil production project, according Indonesian upstream regulator BPMigas.

1 May 2012
LNG

Huagang Gas completes LNG project in Hebei

Huagang City Gas Group, a unit of China National Petroleum Corp. (CNPC), has completed construction of a gas liquefaction project in Hebei Province’s Cangzhou City, local media Hebei Workers’ News reported on Wednesday.

30 April 2012
Companies & Finance

Chinese gas stocks rise in April

Chinese gas stocks edged higher during the month of April, buoyed by positive first quarter results from a number of firms.

30 April 2012

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