CNPC's $8.5 Bln Gas Storage Project Starts Construction
China National Petroleum Corp's (CNPC) unit Liaohe Oilfield of CNPC kicked off construction of its gas storage group project in Panjin city in Liaoning province on Wednesday, the state-backed China News Service said.The project, jointly invested in by Liaohe Oilfield of CNPC and the P
China's Ethanol Push in Doubt as U.S. Trade Dispute Widens
Beijing slows approval process for new ethanol plants; ationwide roll-out of E10 fuel by 2020 in doubt. China's ambitious push to use biofuel in cars nationwide by 2020 is in doubt amid concerns about supplies of raw material such as corn…
PetroChina to Add 690 Wells at Liaohe Field
Top Chinese oil and gas firm PetroChina is adding new production wells at one of its main oilfields, in northeast China, aiming to build 1.06 million tonnes of new annual capacity this year, parent company CNPC said on Friday.PetroChina plans to drill a total of 690 new wells this yea
Fire Out at Dalian PetroChina Refinery
A fire that broke out on Thursday at state oil major PetroChina's plant in northeastern China, one of the country's largest refineries, has been put out with no reported casualties, state media reported. The fire came just two months…
Fire Breaks out at Petrochina's Dalian Chem Plant
A fire broke out on Thursday at a chemical plant owned by state oil major PetroChina in Dalian, in northeast China's Liaoning Province, state news agency Xinhua reported. The fire broke out around 6:40 p.m. (1040 GMT), it said. Huge flames and billowing smoke were seen at the spot.
China, Saudi Arabia Mull Billions in Energy Deals
King seeking investments after launching reforms; Saudi Arabia, China looking at refinery, petrochemical projects. Saudi Arabia's King Salman oversaw the signing of deals worth potentially $65 billion on the first day of a visit to Beijing on Thursday…
Massive Lift Boat Delivered to Milaha
Milaha has taken delivery of a new lift boat which will be deployed offshore, particularly in support of field maintenance efforts. Named the Milaha Explorer, the new lift boat was built by Bohai Shipbuilding Heavy Industries Co. Ltd.
China Ups Crude Purchases, Bolstering Reserves
Strategic reserves seen at 30 days, double official plan; China secretive on reserves, but target may be 90 days. China is estimated to be holding double the amount of crude in its strategic reserves than its official plan has revealed…
China Buying for $24b Nuclear Projects
Westinghouse in talks to sell eight AP1000 Reactors; Nuclear plants, with machinery and services, may cost $24 billion. China may sign as early as next year the first of several contracts for eight new nuclear reactors from Westinghouse Electric Co…
