China
News
January 17, 2017
China National Offshore Oil Corporation Limited announced that the Enping 23-1 oilfield has commenced production. The new field, located in the Pearl River Mouth basin of the South China Sea, is in an average water depth of approximately 90 m.
News
January 17, 2017
OPEC’s campaign to prop up oil prices is getting unlikely support from its biggest customer.
News
January 11, 2017
Saudi Arabia was said to cut February crude sales to China and southern Asian nations, while largely sparing countries including Japan and South Korea, as it curbs supply as part of a deal between OPEC and other producers.
News
November 02, 2015
Crude declined from its highest closing level in two weeks as a measure of manufacturing activity signaled contraction for a third straight month in China, the world’s second-biggest oil consumer.
News
October 29, 2015
The plunge in crude prices all but killed profits at China’s top energy producer and its largest oil refiner.
News
October 26, 2015
Oil swung between gains and losses near the lowest closing price in almost four weeks as investors weighed a slowing pace of U.S. drilling-rig reductions against an interest rate cut in China.
News
October 23, 2015
Wison Offshore & Marine Ltd. has announced that a ceremony was held to celebrate the keel-laying of the EXMAR FSRU project, a barged-based floating LNG regasification unit, in the dry-dock of Wison Offshore & Marine.
News
October 22, 2015
CNOOC announced Thursday that the Caofeidian 6-4 oil structure in Bohai, discovered in 2014, has been appraised and confirmed as a mid-sized oil field.
News
October 21, 2015
BP Plc agreed to supply liquefied natural gas to China Huadian Corp. in a deal worth as much as $10 billion over two decades.
News
October 20, 2015
AWE Ltd. announced Tuesday that ROC Oil Company (ROC), the operator of Block 09/05 in China’s Bohai Bay basin, has confirmed that the second of two planned exploration wells in the block, QK12-3-1D, reached the planned total depth of 3,600 m MDRT (measured depth below the rotary table) at 03:00 AEDT on Oct. 18, 2015.
News
October 01, 2015
Oil rose amid signs of stabilization in China, the world’s second-biggest user, and as the U.S. and OPEC production slowed.
News
September 30, 2015
Decreases in the cost to drill shale gas wells and continued investment into domestic production have allowed China to increase its development of shale gas.
News
September 22, 2015
Wireless Seismic has announced the sale and delivery of its RT System 2 seismic data acquisition system to the Chinese seismic contractor, SINOPEC Geophysical Corporation (SGC), following extensive system trials in China.
News
September 15, 2015
PetroChina Co.’s slump to the lowest in six years may be ignoring the potential value from spinning off its huge pipeline network as part of the country’s energy industry reforms.
News
September 07, 2015
As examined and approved by the Ministry of Land and Resources, CNPC has added 207.87 sq km of new shale gas bearing areas in well blocks of Wei-202, Ning-201 and YS108 in Sichuan basin.
News
September 03, 2015
Gazprom PJSC, the world’s biggest natural gas supplier, is shifting the goalpost for signing a firm contract with China to supply gas from Western Siberia under a deal that would make the Asian nation Russia’s biggest customer for the fuel.
News
September 03, 2015
OAO NOVATEK and China’s Silk Road Fund (SRF) have concluded a framework agreement on the acquisition by SRF—a $40-billion medium- to long-term investment fund—of a 9.9% equity stake in the Yamal LNG project.
News
August 31, 2015
Gazprom PJSC, the world’s biggest natural gas supplier, is preparing a deal with China to build a pipeline near the Pacific coast as talks about a West Siberian link drag.
News
August 28, 2015
China’s biggest oil companies say they’ll cut costs, but not employees.
News
August 27, 2015
DNV GL will be working with the Chinese-owned Tianjin Desail to develop a new liftboat design for offshore construction, accommodation and maintenance.
News
August 27, 2015
PetroChina Co., the country biggest oil and gas producer, signaled it’s looking to join a wave of global energy deals as crude’s collapse makes it the right time to buy and sell assets.
