China's CEFC Eyes Big League With Rosneft Oil Offtake Deal

The CEFC deal comes in parallel to a Chinese offer to buy a 5 percent stake in Saudi Aramco, the world's biggest crude oil exporter.

China Investment 2017-10-19

China Independent Oil Refiners Set Up $5B Joint Venture

The alliance is planned as an upgrade on a crude buying federation set up by a larger group of independent plants in early 2016. That effort has had little success.

China Petrochemical 2017-10-19

China is about to do for global gas demand what it did for oil

The nation is poised to outpace the U.S., the current No. 1 consumer of natural gas, as well as all other countries over the next two decades, Bernstein said in an Oct. 17 research note. China led growth in global oil demand for much of the past 20 years.


Oil set for weekly gain on rebalancing signs from U.S. to China

Oil is heading for the biggest weekly gain since mid-September as a drop in U.S. crude stockpiles and near-record Chinese imports added to signs the global market is rebalancing.


As foreigners eye Chinese shale, political barriers persist, U.S. trade official says

Interest has grown around China's oil and gas reserves in recent years, as new drilling and hydraulic fracturing technology employed in the United States is believed to have the potential to revive China's dormant oil and gas industry.


CNOOC Pulls Out of Canadian Gas Project

Nexen said the decision to abandon the Aurora LNG project would not influence the company’s other upstream investments.

China Investment 2017-09-21

Agenda Update on Sept 20 - ECF2017 7th Asia-Pacific Shale Gas Summit

​ECF2017 7th Asia-Pacific Shale Gas Summit – Conference Agenda

ECF China Shale Gas 2017-09-20

Coal hits a plateau

The revolutions in shale oil and gas and in renewable power over the past decade have been vivid demonstrations of the uncertainties inherent to markets and technological progress.

Dalian company to build petrochemical project in Oman

A Dalian-based company plans to build a petrochemical project with total investment of about $2.8 billion at a China-Oman industrial park in Oman.

China Petrochemical 2017-09-19

Understanding China’s Growing Natural Gas Sector

The U.S. government has recently promoted LNG exports as a geopolitical strategy and included long-term LNG contracts as a topic for discussion in the Strategic Economic Dialogue with China. If U.S. natural gas prices along with vessel charter rates, shipping fuel costs and canal fees remain low, U

China Shale Gas 2017-09-19

First pipeline natural gas bid trading goes through the roof

The Shanghai Oil and Gas Trading Centre held bidding for pipeline natural gas for the first time on Tuesday, with a total of nine million cubic meters of gas sold at the highest price, the 21st Century Business Herald reported.


BP folds Argentine assets into JV backed by CNOOC

BP has agreed to fold its Argentine assets into a new joint-venture backed by CNOOC of China in a deal that widens both groups’ interests in a country boasting some of the most promising shale oil and gas resources outside the US.

China Investment 2017-09-14

Crude oil to flow in China-Russia partnership

The first 1,000-km pipeline, originating in the Russian town of Skovorodino in the Amur region, enters China at Xingan and terminates at Daqing, and was put into service on Jan 1, 2011.

China Investment 2017-09-13

Chinese firms seek stronger partnerships with Jordan

"It is a good venue to be at for networking and I am looking forward to having more cooperations with traders in the region, especially those working in the field of oil, energy and petrochemicals," Yang added.

China Petrochemical 2017-09-08

China Energy Giant Rewards Investors as Higher Oil Buoys Profit

PetroChina Co. took a page from the playbook of global peers known for generous dividends by deciding to pay shareholders its entire half-year net income.

Chinese conglomerate in talks over Rosneft investment

This week the two companies signed a more detailed agreement on joint exploration projects in Russia’s Siberia region, and a contract to increase crude supplies to China. Mr Sechin said the company’s priorities “include strengthening the relations with the Asia Pacific countries and, in particular,

China Investment 2017-09-07

Production targets: mergers, asset management and oil output

China’s big three oil companies have already responded to the reforms, led by Sinopec Group, which recently agreed to a pair of private companies, Chentong Holdings Group and China Reform Holdings, taking a 70% stake in SIPC, Sinopec’s overseas exploration and production company.

Private matter: the rise of China’s independent refiners

Meidan also points out that China’s domestic gas output is rebounding as firms respond to pressure to boost production to satisfy escalating demand and hit the government’s environmental targets.

Monopoly money: how will reforms impact China’s big three?

National oil companies (NOCs) CNOOC, Sinopec and CNPC booked $600bn in revenue in 2016 and contributed nearly 9% of all the profits from China’s state-owned enterprises. Beijing has no interest in breaking up that monopoly.

China changes track: analysing the Asian giant’s oil and gas reforms

China is overhauling its oil and gas sector to boost efficiency, with the market being given a more decisive role and more varied ownership of state-owned enterprises. Michal Meidan, lead analyst for Asian energy policies and geopolitics at Energy Aspects discusses the reforms.


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