Gas


Chinese energy producers on alert as dangerous sea ice expands

Chinese energy producers on alert as dangerous sea ice expands

(Reuters) Chinese ports and marine safety authorities are on high alert as an expansion of sea ice makes it tougher for ships to berth and discharge at key energy terminals along the coast of the Bohai Sea in the country's north.A cold wave sweeping the northern hemisphere has plunged temperatures …

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Gas pains remain for India's long-term pipeline ambitions 

Gas pains remain for India's long-term pipeline ambitions 

(ATF) Indian Prime Minister Narendra Modi says his government wants to more than double the share of natural gas as part of the country's energy mix – to diversify its sources of energy, connect the nation with a gas pipeline grid and bring affordable fuel to people and industry.The pipeline …

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There's a new LNG king in town – and it's not Japan 

There's a new LNG king in town – and it's not Japan 

The China National Offshore Oil Corp (CNOOC), the country's largest liquefied natural gas (LNG) importer, this week became the first company to make a group LNG purchase on the Shanghai Petroleum and Natural Gas Exchange (SHPGX).The state-run oil and gas behemoth procured a 120,000-tonne cargo scheduled to arrive at one …

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China records a banner year for oil and gas discovery

China records a banner year for oil and gas discovery

(ATF) China National Petroleum Corporation (CNPC) expects to ramp up its domestic energy production to offset increases in consumption as the state-run behemoth said its Changqing oil and gas field, the country's largest, will set new record high production levels in 2020.As of December 27, the field had produced 24.5 …

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China's Big Three feel the burn as their gas monopoly leaks away

China's Big Three feel the burn as their gas monopoly leaks away

Construction has got under way on what will be China’s largest privately-held liquefied natural gas (LNG) terminal, further loosening the stranglehold of the country’s Big Three majors. The country’s natural gas sector has morphed from a tightly-held monopoly by the so-called Big Three (CNPC, Sinopec, and CNOOC) to one now …

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China's gas pipeline dream doesn't come cheap

China's gas pipeline dream doesn't come cheap

(ATF) China started operations last week at the second section of a natural gas pipeline link to Russia, boosting its supplies through the massive Power of Siberia (POS) 1 pipeline, state-run operator China Oil & Gas Piping Network (PipeChina) said in a statement.The 1,110 km pipeline section aims to help …

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Rise of EVs spells end of the oil era

Rise of EVs spells the end of the oil era

(ATF) Falling battery prices, environmental concern and electrification of transportation by crude-dependent countries like India and China could bring the oil era to an end, a strategist at financial think tank Carbon Tracker told Asia Times Financial on Friday.China’s has set a target for 20% of all cars on its …

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