PetroChina, the country’s top gas producer, has curbed supplies of the fuel to some industrial users in northern and western regions, in the first sign of emerging tightness only two months after China experienced one of its worst winter gas crunches.
United Arab Emirates: China’s state-run national petroleum company has signed a deal worth $1.18 billion for stakes in two oil and natural gas concessions in the United Arab Emirates’ capital of Abu Dhabi.
China will not allow “excessive” conversion of coal-to-gas heating this year, Sun Wenyu, gas researcher at CNPC Research Institute, said on Tuesday at a briefing
China’s natural gas consumption will rise by 10 percent in 2018 to 258.7 billion cubic metres (bcm), China National Petroleum Corp (CNPC) forecast on Tuesday, boosted by a steady push to replace coal with the cleaner fuel to curb air pollution.
China’s state planner said on Monday it has asked the country’s state energy majors, CNPC, Sinopec and CNOOC, to cut natural gas supplies to some industries, including chemical, methanol and fertiliser producers, by about 15 million cubic metres per day.
China and India are each targeting a share of Abu Dhabi’s largest offshore oil fields as the Persian Gulf producer seeks partners to boost output and ensure exports of its oil to two of the world’s most promising markets.
Those oil and gas supply will support Myanmar’s economic growth and improve the livelihood of the people, it added.
Sudan has denied India’s ONGC Videsh Ltd an extension of licence to operate an oilfield as it sought higher royalties and taxes to make up for revenue lost due to drop in oil prices
In his recent visit to Myanmar, Petroleum Minister, Dharmendra Pradhan has pitched for broader cooperation between India and Myanmar across the hydrocarbon value chain.
China wants to boost its domestic capacity to produce cutting-edge energy technologies in the next decade to challenge