Happy Chinese New Year!

To celebrate the Chinese Lunar New Year, the English news on the ECF official website will be suspended until February 15th. Thank you!

2024-02-10

Sinopec Appears at the 2023 China International Chemical Exhibition

From September 4th to 6th, Sinopec participated in the 2023 China International Chemical Exhibition held in Shanghai with the theme of "Energy to Clean, Life to Beauty".

Sinopec 2023-09-09

PetroChina Transfers Its Shares to Sinopec Free of Charge

PetroChina: the controlling shareholder China Petroleum Group plans to transfer 1% of the company's shares to Sinopec Group free of charge.

CNPC Sinopec 2022-09-11

CNOOC, Shell and ExxonMobil Have Signed a 10 million ton CCUS Project with Guangdong Development and Reform Commission

On June 27, Guangdong Provincial Development and Reform Commission, CNOOC, Shell Group and ExxonMobil jointly signed a memorandum of understanding on the Daya Bay carbon dioxide capture, utilization and storage (ccs/ccus) cluster research project in the form of "Online + offline" in Beijing, Guangzh

PetroChina and State Grid Signed Strategic Cooperation Framework Agreement

PetroChina and State Grid signed a strategic cooperation framework agreement in Beijing.

State Council Investigated and Dealt with the Problem of Reselling Imported Crude Oil by CNPC Fuel Oil Company

According to the relevant laws, regulations and policy documents of the state, the recent audit by the National Audit Office found that the fuel oil company subordinate to China National Petroleum Corporation (hereinafter referred to as the fuel oil company) had the problem of reselling imported crude oil. According to the deployment of the CPC Central Committee and the State Council, the joint investigation team of the State Council carried out verification and investigation in accordance with the law, objective, fair and realistic.

CNPC China Crude Oil 2022-01-20

Top 10 Forecasts of China's Energy Transformation in 2022

International Data Corporation (IDC) recently released the report "top ten forecasts of China's energy transformation in 2022 - achieving high-quality growth under the transformation of low-carbon energy structure".

Opinion China Economy 2022-01-06

Sustainable and Innovative Development - Energy China Forum 2021-the 11th Asia-Pacific Shale & Unconventional Resources Summit News Release

Energy China Forum 2021 11th Asia-Pacific Shale & Unconventional Resources Summit was successfully held on 20-22 October 2021 in Shanghai. This summit was jointly hosted by Shanghai United Institute for Unconventional Resources (SUI) and Shanghai Energy Economy Committee of SEA and supported by co-organizers China Petroleum Enterprises Association and Coordinating Committee for Geoscience Programmes in East and Southeast Asia (CCOP),Southwest Petroleum University, Oil and Gas Resource Survey Center of China Geological Survey, Sinopec Petroleum Engineering And Technology Research Institute, pet

2021-12-05

ECF China Shale Weekly Review -Dec 5,CNPC and Sinopec Signed A Strategic Cooperation Framework Agreement

CNPC and Sinopec Signed A Strategic Cooperation Framework Agreement. China Releases Green Development Plan Tied to Carbon-neutral Goal. Sinopec Signals Fresh Shale Success With Dongye Deep 2. Sinopec awarded Jafurah Unconventional Gas Walking Rigs Contract.Changning-Weiyuan Unconventional Gas Field.

Cumulative Turnover Quota of the National Carbon Emission Trading Market Exceeded 1 Billion Yuan

As of November 10, 2021, the national carbon market has operated for 77 trading days, the cumulative trading volume of quota has reached 23.4404 million tons, and the cumulative trading volume has exceeded 1.5 million US dollar.

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

2020-02-28

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

TOP MANAGER OF THE LARGEST OIL AND GAS COMPANY IN CHINA COMMITTED SUICIDE

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

2018-11-02

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

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