China’s crude import growth slips into the red; may fall further

The pace of growth in China’s crude imports may slow in H2 as a cocktail of lower runs at independent refiners, potential delays in the start up of some refineries and higher inventories curb the appetite for cargoes by Asia’s largest oil consumer.

China Oil Import 2018-07-18

China to face complicated power supply conditions this summer

China is likely to see complicated power supply conditions this summer, with prominent increases in use of electricity, coal and natural gas, the National Development and Reform Commission (NDRC) said Tuesday.

China Energy 2018-07-18

China’s gas-to-power ban aims to free up supplies

A ban on new gas-fired cogeneration capacity in the smoggiest parts of China will slow development of the country’s gas-to-power sector, but will benefit the gas market overall by reducing the number of users competing for the fuel during times of peak demand.

gas-fired power 2018-07-17

Chinese Oil Demand Growth Could Slow Down Soon

Oil demand growth in the world’s biggest oil importer—China—is at risk of slowing down, at least in the coming months.

China Crude Oil 2018-07-16

China’s new air quality plan could increase LNG imports

Early this month, China’s State Council released a three-year “blue sky” action plan to curb air pollution by 2020—a plan that could have implications for the U.S. oil and gas industry.The latest plan extends to cities in the Fenwei plain in Shanxi, Shaanxi and Henan provinces, where air pollution i

Highlight - ECF China Shale Gas Weekly Review - Jul 13, 2018

Highlight - ECF China Shale Gas Weekly Review - Jul 13, 2018

Chinese reforms to revitalise gas sector – Deloitte

Reforms could revitalise China’s upstream oil and gas sector and potentially put diversified players on a near-equal footing with the country’s three NOCs, Deloitte said in a report last week.

China targets regions for coal-to-gas switch to curb smog

China will switch all households in the Beijing-Tianjin-Hebei and Shanxi-Shaanxi regions from coal to gas for heating by 2020 as part of efforts to curb smog, according to a report on enforcement of air pollution legislation submitted to the National People’s Congress on Monday.

China Natural Gas 2018-07-11

Full shift to gas in China’s winter heating systems will be difficult – Woodmac

China will struggle to fuel winter heating systems exclusively with gas because the fuel is more expensive than coal and in short supply, Wood Mackenzie said in a note on Monday.

China Natural Gas 2018-07-11

Chinese Tariffs on U.S. Energy Would Signal a New Attitude

In placing retaliatory tariffs on certain goods and products, America’s trade partners have signaled how well they understand American politics. By targeting products from areas supportive of President Donald Trump, they clearly hope to generate pressure to lift U.S. tariffs or even create broader p

News Not to Miss: ECF China Shale Gas Weekly Review - Jul 9, 2018

ECF China Shale Gas Weekly Review - Jul 9, 2018

China Shale Gas 2018-07-09

LNG, world’s fastest growing fossil fuel, is bracing for a direct hit from US China trade war

The world’s fastest growing fossil fuel is bracing for a direct hit from increasing global trade tensions. U.S. President Donald Trump’s tough talk on trade with China is looming over his country’s efforts to become the world’s largest exporter of liquefied natural gas. In Europe, a potential pipeli

Opinion China Economy 2018-07-09

Shale Gas Revolution Is Just Getting Started

The shale gas revolution is turning ten years old and is apparently only just getting started.A new report by the business information provider IHS Markit traces the remarkable rise of the shale gas in the United States over the past decade and projects that natural gas production will grow by another 60% over the next 20 years.“To say that the ‘Shale Gale’. . . has been anything but a veritable revolution would be an understatement,” said Daniel Yergin, vice chairman, IHS Markit and co-author of the report. “It represents a dramatic and largely unanticipated turnaround that dramatically chang

China keeps LNG off tariff list for now, could be trade weapon later

China’s omission of liquefied natural gas (LNG) from its vast list of U.S. products that face hefty import duties from Friday has preserved a potential weapon should the trade war with Washington deepen.

China LNG 2018-07-06

China issues second batch of 2018 crude oil import quotas: sources

China has issued a second batch of crude oil import quotas for independent refiners and some trading companies with a total volume of 11.91 million tonnes, three trade sources said on Thursday, citing official documents.

China Oil Import 2018-07-06

China eyes interconnections to sidestep gas shortages

China’s biggest gas companies are looking to build more pipeline connections between their LNG terminals and major cross-country trunklines in the north and south of China as they seek to alleviate uneven gas supplies between the two regions during winter.

China Natural Gas 2018-07-05

Chinese combustible ice base to open in 2021

China's Ministry of Land and Resources has officially chosen Nansha Longxue Island in Guangzhou as a base to further explore, mine and do research on combustible ice, reports southcn.com.

China Removes Limits on Foreign Ownership of Gas Stations

China will remove restrictions on foreign investments in gasoline stations, clearing the way for global oil giants like BP to operate more wholly owned stations in the country.

China Policy 2018-07-02

China further eases foreign investment curbs in free trade zones

China on Saturday further relaxed restrictions imposed on foreign investment in its free trade zones, in the latest step to fulfill its promise to open up the economy.Publishing a revised ‘negative list’ for investment in the zones, the National Development and Reform Commission (NDRC), China’s top economic planner, said curbs in oil and gas exploration, nuclear fuel production and telecommunications would be eased.Foreign investors will no longer have to conduct oil and natural gas exploration and development through joint ventures, and a ban on foreign investment in production of nuclear fue

China Policy 2018-07-01

FACTBOX-China's revised negative list for foreign investment

BEIJING - China unveiled on Thursday a long-anticipated easing of foreign investment curbs on sectors including banking, the automotive and heavy industries, and agriculture as Beijing moved to fulfil its promise to open its markets further. Below is the new version of the so-called negative list that sets out industries where foreign investment is limited or prohibited. The new list no longer classifies sectors as "restricted" and "prohibited". It will take effect on July 28. Old list New list Restricted Breeding of new crop Breeding of new crop varieties varieties, seed production and seed p

China Policy 2018-07-01
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