Energy
CNPC Will Pump USD3.3 Billion Into New Gas Reservoirs to Ramp Up Working Capacity
State-owned China National Petroleum Corp. plans to invest CNY21 billion (USD3.3 billion) to build seven new gas storage facilities in…
CNNC Scholar Calls on China to Establish Nuclear Power University
China should set up a university specifically for its nuclear power industry to solve the problems rising from rapid…
GEM, Glencore Strike Cobalt Supply Deal to Meet Soaring NEV Battery Demand
China’s GEM Co. and the world’s largest mining firm by revenue Glencore International AG have penned a supply deal which…
Shell Was China’s Largest Source of LNG Imports Last Year
Royal Dutch Shell Plc became China’s largest source of liquefied natural gas imports last year after expanding its business in the sector by around 50 percent worldwide.
Zhejiang Satellite Petrochemical Sets Up US Joint Venture for Ethane Export to China
Zhejiang Satellite PetroChemical Co. will set up a joint venture with a U.S. petrochemical company for the management and use…
China’s Reliance on Imported Oil Continues to Grow
China is becoming ever more reliable on imported oil and demand could top 600 million times for the first time this year as the country comes to depend on external supply for 70 percent of its oil.
Guangdong Goads Major Energy Groups to Cut Gas Prices, Boost Clean Energy
The development agency of China’s economically-developed southeastern Guangdong province is hammering out a new policy to spur the three major…
Huifeng Bio Agriculture Unit Plans USD1.3 Billion LNG Terminal in Jiangsu Province
A unit of Chinese pesticide maker Jiangsu Huifeng Bio Agriculture Co. aims to build a CNY8 billion (USD1.3 billion) liquid…
Camel Group Plans CNY5 Billion Investment in Central China Lithium Battery Recycling Project
Camel Group Co. plans to invest in a lithium battery recycling project in central China to cope with the potential…
CNPC Looks to Brazilian Market With 30% Stake in Local Petroleum Distributor
The overseas arm of China National Petroleum Corp., the world’s third-largest oil company, plans to acquire a 30 percent stake…
China’s Tinci Materials, Japan’s Chuogaras Plan to Set Up Joint Venture to Expand Production
A Jiangxi-based subsidiary of China’s Guangzhou Tinci Materials Technology Co., will set up a joint venture with Japan's Chuogaras…
China to Step Up Natural Gas Storage Capacity to Ensure Supply Security, Says NDRC Chairman
China will step up building natural gas storage facilities to ensure future supply and avoid energy shortage caused by…