ECF China Shale Weekly Review - Feb. 28th

Energy China Forum releases weekly review of China shale gas and oil updates every Sunday. For more China shale gas and oil information, please contact ECF editor. Policy & Industry1.CNOOC announces new oil, gas find in Bohai Sea, China National Offshore Oil Corp said that its newly discovered Bozhong 13-2 oil and gas field in the Bohai Sea contains proven geological reserves of 100 million metric tons of oil and gas equivalent, making it one of biggest crude oil production bases in China.2.Past Decade a Great Success For Discovery of Mineral Resources, China has uncovered rich mineral resourc

ECF China Shale Gas 2021-03-01

China's CNOOC to Expand Offshore Gas, Unconventional Fuel to Cut Emissions

China's CNOOC Ltd said it will accelerate the exploration and development of natural gas, including deepwater reserves in the South China Sea and unconventional resources onshore China, to cut carbon emissions.

Offshore Exploration China Investment China Exploration 2021-02-18

Shale Oil to Receive Priority in 5-year Plan for Lower Fuel Imports

A Sinopec technician inspects shale gas facilities in Chongqing.

China Oil Import China Shale Oil China Exploration 2021-02-04

ECF China Shale Weekly Review - Jan. 31st

Policy & Industry1.Chinese majors to struggle to extend shale gas boom beyond 2025, Chinese oil majors will struggle to extend fast growth in shale gas production beyond 2025, as complex geology and failure to draw in more investors make it expensive to develop the unconventional resource. That would be a blow to China’s efforts to cut its reliance on gas imports, presently 42% of total consumption. 2. Xi'an Jiaotong University Launches "Basic Research on Controllable Shock Wave Fracturing Technology for Shale Oil Development", According to reports, the "Basic Research on Controllable Shock Wa

ECF China Shale Gas 2021-02-01

Shanxi Listed for Sale of Coalbed Methane in Goaf

On January 25, news came from the Shanxi Provincial Department of Natural Resources.

China Policy China Exploration CBM 2021-01-29

China's Natural Gas Demand Set to Hit New Record in 2021

China's natural gas demand could set a new record in 2021 as the country's economy emerges from the pandemic faster than most countries and it remains on track to meet its long-term environment protection targets, data from S&P Global Platts Analytics and the research arm of state-owned China Petroleum & Chemical Corp.

China Exploration China Natural Gas 2021-01-15

ECF China Shale Weekly Review - Jan. 10th

Energy China Forum releases weekly review of China shale gas and oil updates every Sunday. For more China shale gas and oil information, please contact ECF editor. Policy & Industry1. China Oil Majors May Be U.S. Target After Telcos Delisting ，Chinese oil majors may be next in line for delisting in the U.S. after the New York Stock Exchange said last week it would remove the Asian nation’s three biggest telecom companies.China’s largest offshore oil producer Cnooc Ltd. could be most at risk as it’s on the Pentagon’s list of companies it says are owned or controlled by Chinese military, accordi

ECFShale China Shale Gas 2021-01-11

China Is Fueling South America’s Oil Boom

Oil demand from China has been one of the few bright spots for a global petroleum industry severely impacted by a long-term global supply glut and the economic fallout from the COVID-19 pandemic.

China Oil Import Global Market China Oil 2021-01-06

China Oil Majors May Be U.S. Target After Telcos Delisting

Chinese oil majors may be next in line for delisting in the U.S. after the New York Stock Exchange said last week it would remove the Asian nation’s three biggest telecom companies.China’s largest offshore oil producer Cnooc Ltd.

Global Market China Shale Gas 2021-01-05

ECF China Shale Weekly Review - Jan. 03rd

Energy China Forum releases weekly review of China shale gas and oil updates every Sunday. For more China shale gas and oil information, please contact ECF editor. Policy & Industry1. PetroChina to more than double Sichuan shale gas output by 2025. PetroChina Co Ltd, Asia’s largest oil and gas producer, aims to more than double shale gas output from operations in the Sichuan basin to more than 22 billion cubic metres (bcm) by 2025 from this year’s level, China News Service reported on Tuesday.2.PetroChina Southwest Oil and Gas Field: "14th Five-Year Plan" is expected to add 4 trillion cubic me

ECF PetroChina China Shale Gas 2021-01-04

ECF China Shale Weekly Review - Dec. 27th

Energy China Forum releases weekly review of China shale gas and oil updates every Sunday. For more China shale gas and oil information, please contact ECF editor. Policy & Industry1. CCTV: "China's Energy Development in the New Era" white paper released! The State Council Information Office released the white paper "China's Energy Development in the New Era" on December 21. Zhang Jianhua, member of the Party Group of the National Development and Reform Commission and Director of the National Energy Administration, pointed out: During the "14th Five-Year Plan" period, we will further innovate

China Policy China Shale Gas 2020-12-28

Upstream Key to Energy Security

China should further enhance its energy security by increasing exploration and exploitation of upstream resources and by reducing reliance on external sources for energy, domestic industry insiders said.

China Exploration China Oil Import China Gas Import 2020-12-24

CCTV: "China's Energy Development in the New Era" white paper released!

The State Council Information Office released the white paper "China's Energy Development in the New Era" on December 21. Zhang Jianhua, member of the Party Group of the National Development and Reform Commission and Director of the National Energy Administration, pointed out: During the "14th Five-Year Plan" period, we will further innovate development methods and accelerate the development of clean energy. We must promote non-fossil energy and natural gas to become the theme of energy consumption, and more Increase the proportion of clean energy consumption.The white paper stated that China

China Gas China Policy 2020-12-23

ECF China Shale Weekly Review - Dec. 20th

Energy China Forum releases weekly review of China shale gas and oil updates every Sunday. For more China shale gas and oil information, please contact ECF editor. Policy & Industry1. PetroChina and Sinopec Jointly Promote the Weirong Shale Gas Transmission Channel, CNPC and Sinopec jointly discussed the feasibility of opening the Weirong shale gas transmission channel to ensure the smooth sales of the Weirong gas field from 400,000 cubic meters per day to 3 million cubic meters per day.Exploration & Production1. China's second 30 billion cubic meter gas field area, On December 14, the annual

ECF China Shale Gas 2020-12-21

PetroChina and Sinopec Jointly Promote the Weirong Shale Gas Transmission Channel

CNPC and Sinopec jointly discussed the feasibility of opening the Weirong shale gas transmission channel to ensure the smooth sales of the Weirong gas field from 400,000 cubic meters per day to 3 million cubic meters per day.

Shale Gas CNPC Sinopec 2020-12-17

ECF China Shale Weekly Review - Dec. 13th

Energy China Forum releases weekly review of China shale gas and oil updates every Sunday. For more China shale gas and oil information, please contact ECF editor. Policy & Industry1. A New Formation of New Shale Gas Area Discovered in Danzhai, Guizhou, The Institute of Karst Geology of China Geological Survey organized a meeting to review the findings of sinian Cambrian shale gas investigation at the southwest margin of Xufeng uplift. The results show that the Guidandi 1 well implemented in Danzhai County, Guizhou Province has realized the discovery of a new formation in a new shale gas surve

ECF China Shale Gas 2020-12-14

The first environmental protection standard for shale gas exploration and development was approved and released

Recently, the environmental protection of shale gas Part 1: pollution prevention and treatment methods for drilling operations (GB / t39139.1-2020), edited by CNPC Chuanqing Drilling Engineeringand participated by five domestic units, has been approved and issued by the State Administration of market supervision and Administration and the National Standardization Administration, and the implementation date is May 1, 2021.This is the first national environmental protection standard for shale gas exploration and development in China, which has great practical effect and far-reaching practical si

Shale Gas Industry Standard 2020-12-11

Argentina to Award Natural Gas Tenders in Mid December

Argentina is scheduled to announce the winners of bids in the natural gas tender program on Dec. 15, according to Energy Secretary Darío Martinez.Winning companies are to be judged based on a “mechanism that guarantees transparency and competitiveness between producers,” according to Martinez.

Global Market Shale Gas 2020-12-04

What China’s 14th Five‑Year Plan Means for Investors

China recently unveiled its 14th five-year plan (FYP) to guide the country’s economic development over the coming five years, along with the blueprint for a long-term strategy that outlines its vision for 2035.

China Exploration China Policy China Natural Gas China Energy 2020-11-26

Sinopec Kickstarts Extensive Research on CO2 Emissions Peak and Carbon Neutral

China Petroleum & Chemical Corporation has established strategic cooperation with three top institutions on November 23 in Beijing, China , to take lead in a joint research on the energy and chemical industry's carbon emissions peak and carbon neutral.

China Policy Sinopec Emissions 2020-11-25