Schlumberger Opens Its New Asia Regional Headquarters in Kuala Lumpur

Over the past months, Schlumberger has taken a bold step in implementing a major restructure of the company to prepare for the future industry landscape and to accelerate the realization of our corporate strategy.

China cancels January trade data release, will combine with February

The Customs Administration of China says it will combine trade data for January and February, removing volatility over the Lunar New Year periodThe adjustment brings it in line with the way other major indicators are released, including consumption and industrial productionA container carrying supplies for virus-hit Hubei Province is lifted at a railway port. Photo: XinhuaChina’s customs agency said on Friday it would not release trade data for January, but would instead combine it with import and export figures for February.The Customs Administration of China said it would release data for Ja


Energy China Forum 2020 Recruitment Notification - International Project Officer

Energy China Forum 2020 Recruitment Notification - International Project Officer, Shanghai ChinaEnergy China ForumDowntown, Huangpu District, Shanghai, ChinaFull-timeResponsibility:1. Responsible for international project promotion, including planning, publicity and copywriting;2. Organize or provide assistance to international industry summit, global conferences and other events;3. Responsible for daily communication, marketing, maintenance and following up with global energy institute, governments, associations and energy companies;4. Responsible for market research, including industry dynam


General Director of CNPC Bohai Drilling Engineering Company Limited Zhou Suntan committed suicide. It is reported Caixin.


CNPC Boss Optimistic About US-China Relations

Energy relations between the United States and China will deepen in the future, the chairman of state energy giant CNPC, Wang Yilin said in an interview with Bloomberg this week on the sidelines of the Boao Forum for Asia.

Opinion CNPC 2018-04-11

Oil Boom-Bust Cycles Shrinking, Conoco CEO Says: CERAWeek Update

It’s Day 2 at CERAWeek by IHS Markit, the five-day gathering in Houston of some of the energy industry’s biggest names. Tuesday’s highlights include appearances by the CEOs of Saudi Aramco, BP Plc and ConocoPhillips. Shale, the future of petroleum demand, and low-carbon technologies are among the recurring themes for industry executives and government ministers alike.We will be following developments here in real time. Time stamps are Houston.Boom-Bust Cycles in Oil Tightening: Conoco CEO (10:47am)The ups and downs in crude markets are getting steeper and faster, increasing the challenges expl

Global Market Opinion 2018-03-07

BP sees self-driving electric vehicles crimping oil demand by 2040

The emergence of self-driving electric cars and travel sharing are set to dent oil consumption by 2040, oil and gas giant BP said, forecasting a peak in demand for the first time.

Opinion Global Market 2018-02-23

Q&A: What's Next for W.Va.'s China Energy Deal?

Brian Anderson, director of the Energy Institute at West Virginia UniversityNovember last year West Virginia's Commerce Department announced a deal with China Energy the biggest Chinese coal company, to invest billions in the state’s natural gas industry. A memorandum of understanding outlines a 20 year commitment to invest 83.7 billion dollars in the states shale gas industry. The deal didn’t happen overnight. Brian Anderson, founder and director of the Energy Institute at West Virginia University offers some insight into the deal and the company behind it.Q: When did this deal with China Ene

Changing game: China set to shake up global energy market

China’s insatiable demand for oil and gas has for long been transforming the global markets. Soaring US energy exports to the world’s biggest oil buyer have added a new twist to the game.Surging US oil shipments to China have created trade between the world’s two biggest powers that until 2016 just did not exist. Data in Thomson Reuters Eikon shows US crude shipments to China went from nothing before 2016 to a record 400,000 barrels per day in January, worth almost $1bn.The paradigm shift evolves as US now produces more oil than top exporter Saudi Arabia and is set to take over the No 1 produc

China’s energy security investments: Outlook for 2018

An excerpt from our Belt and Road Initiative: Risk Insights report for 2018. This section covers China’s energy outlook and general approach to energy investments. Energy Security InvestmentsChina’s general approach of hedging against over-dependence on maritime routes via the Straits of Malacca or else on any one supplier of oil and gas has not shifted. The two should be assessed separately, given that oil volumes are fungible and natural gas volumes have not yet reached that point.Natural GasThe country faces a growing diversity of options in coming years. Some expressed concerns over a deci

BHP sees opportunities in China economic transformation

BHP, the world’s leading resources company, sees new opportunities in China’s economic transformation and the Belt and Road Initiative, said Arnoud Balhuizen, BHP’s Chief Commercial Officer.

Coal falls as Gas Rises: World Energy Balances in 2016

Global coal production fell significantly in 2016, while global trade in natural gas was up. These are two of the key messages in World Energy Balances, the IEA’s comprehensive picture of energy statistics. These data are drawn from official national data submissions to the IEA from around 150 count


China Minmetals Pioneers in Supporting the Belt and Road Initiative

On May 29th, 2017, the No. 1 Blast Furnace of Formosa Ha Tinh Steel Corporation began hot smelting. This marked the entry into service of Formosa Ha Tinh Steel Corporation, the largest ever investment in Vietnam and the biggest integrated iron and steel enterprise in Southeast Asia.


Experts rule out China-US trade war

China and the United States have no interest in a so-called trade war, said experts on Thursday, pointing to significant progress in the implementation of the China-US 100-day action plan, particularly in agricultural, energy and high-end manufacturing products trade.

Engineering group ABB wants in on B&R projects

Swiss engineering group company ABB Group said it wants to get involved in Chinese EPC projects-or engineering, procurement and construction contracts-connected with the Belt and Road Initiative, to secure long-term returns.

Belt and Road 2017-07-12

Energy SOEs in merger talks apply for trading halt extension

China Shenhua Energy and GD Power Development have applied to extend a share trading halt as merger discussions continue, Shanghai Securities News reports.

China key to drop in energy demand

​China played a critical role in the slower growth of global energy demand and consumption as well as the nearly flat growth of carbon emissions in 2016, according to the latest BP world energy report.

China Energy 2017-06-20

China at forefront of global energy transition

China's enthusiasm for clean energy is pushing the global transition toward a low-carbon future. With public and private investment and commitment to collaboration, China is playing an increasingly important role in global clean tech innovation.


State-owned Shenhua and China Guodian in merger discussions

State-owned coal mining and energy company Shenhua Group is currently in merger talks with energy producer China Guodian Corp. If the two companies decide to consummate the merger, the organization's combined assets could be worth up to 1.82 trillion yuan ($267 billion).

China Investment 2017-06-06

Shenhua, China Guodian Said to Mull $267 Billion Power Giant

Shenhua Group Corp., China’s biggest coal miner, and China Guodian Corp., one of the nation’s largest coal-fired power generators, are in merger discussions, according to people with knowledge of the matter.


Please leave your comment