Energy

Statoil Unlawfully Ended China Oilfield Services Contract, Norway Court Rules

Statoil Unlawfully Ended China Oilfield Services Contract, Norway Court Rules

A Norwegian court has ruled that Statoil Petroleum AS, the country's state-owned oil company, unjustifiably terminated its drilling platform contract…

May 16, 2018
Ben Armour
Weichai Power Plans to Acquire 20% Stake in British Firm to Break Into Solid Oxide Fuel Cell Market

Weichai Power Plans to Acquire 20% Stake in British Firm to Break Into Solid Oxide Fuel Cell Market

China’s Weichai Power Co. today signed a cooperation agreement with British solid oxide fuel cell, SOFC, supplier Ceres Power Ltd.…

May 16, 2018
Xu Wei
Chinese Engineering Firm Sichuan Road & Bridge Heads Up USD125.6 Million Battery Material JV

Chinese Engineering Firm Sichuan Road & Bridge Heads Up USD125.6 Million Battery Material JV

Major Chinese engineering firm Sichuan Road & Bridge Co. leads the formation of a CNY800 million (USD125.6 million) joint venture…

May 10, 2018
Tang Shihua
Nuclear Power Is Main Clean Energy Source on China’s East Coast, Official Says

Nuclear Power Is Main Clean Energy Source on China’s East Coast, Official Says

Nuclear Power Is Main Clean Energy Source on China’s East Coast, Official Says. Nuclear power has become one of the…

May 8, 2018
Tang Shihua
Russia’s Oil Giant Rosneft Opts For Qatar Funds, Instead of China’s CEFC, to Sell Stake

Russia’s Oil Giant Rosneft Opts For Qatar Funds, Instead of China’s CEFC, to Sell Stake

Qatar’s investment agency has stepped in to buy a stake in Russia’s oil giant PJSC Rosneft Oil Co. after China’s…

May 7, 2018
Xu Wei
Rising Gas Demand Prompts Plant Expansion in Tibet

Rising Gas Demand Prompts Plant Expansion in Tibet

A unit of the world’s third-largest oil company, China National Petroleum Corp. (CNPC), has provided Lhasa, capital of western Tibet…

May 7, 2018
Tang Shihua
China’s Geo-Jade Wins Exploration Rights in Two Iraqi Oilfields

China’s Geo-Jade Wins Exploration Rights in Two Iraqi Oilfields

A private energy firm in China has won exploration and development rights in two oilfields in Iraq and will carry out the project with other two Chinese oil and gas companies, it said.

May 4, 2018
Tang Shihua
Shenergy Will Build a USD280 Million Wind Farm off Shanghai’s Coast

Shenergy Will Build a USD280 Million Wind Farm off Shanghai’s Coast

Shenergy Will Build a USD280 Million Wind Farm off Shanghai’s Coast. Shenergy Co. will spend CNY1.77 billion (USD280 million) to…

May 4, 2018
Tang Shihua
China’s Largest Oilfield Exceeds Production Expectations in First Quarter

China’s Largest Oilfield Exceeds Production Expectations in First Quarter

Daqing Oilfield, China's largest source of crude reserves, produced 7.9 million tons in the first three months this year, 2,800 tons more than expected.

May 3, 2018
Dou Shicong
Sinopec Provides E-Commerce Services to Oilfield Chemical Producer

Sinopec Provides E-Commerce Services to Oilfield Chemical Producer

Business Partnership, E-Commerce, Supply Chain to Business, EasyPEC.Com, Sinopec, Chemical Products Trade, E-Commerce, Shangdong Polymer Biochemicals. EasyPEC.Com, an e-commerce platform…

May 3, 2018
Tang Shihua
Chinese Firm Starts Building USD420 Million Russian Oil Refinery Project

Chinese Firm Starts Building USD420 Million Russian Oil Refinery Project

China National Chemical Engineering Group Corp. (CNCEC) has started constructing a CNY2.6 billion (USD420 million) crude oil deep conversion project…

May 2, 2018
Dou Shicong
Sinomach Builds Fluidized Bed Reactor to Optimize China’s Oil Refineries

Sinomach Builds Fluidized Bed Reactor to Optimize China’s Oil Refineries

China Sinomach Heavy Industry Corp. has built a fluidized bed reactor for hydrogenation which could help domestic refineries more efficiently recover residual oil.

May 2, 2018
Chong Hua

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