行业新闻
2007
年
Chinese
ambassador hails energy cooperation with Russia
(Dec
15 2007) Xinhua News Agency
There are broad prospects for energy cooperation between China and
Russia, Chinese Ambassador Liu Guchang has said.
China
Nuclear Energy supports power development in Pakistan
(Dec 14 2007)
Hong Kong Commercial Daily News
China Nuclear Energy Industry Corporation (CNEIC) of China National
Nuclear Corporation (CNNC) will supply uranium for Chashma nuclear power
plant phase one project in Pakistan.
China, US
to cooperate on use of strategic oil reserves
(Dec
13 2007) BBC News
China and the United States, two of the world's largest consumers of
oil, have agreed to cooperate on the use of their strategic petroleum
reserves as they wound up a high-level economic dialogue on Thursday.
China
chides Vietnam over island dispute
(Dec
11 2007) Reuters News
China chided its neighbour Vietnam on Tuesday, saying the Southeast
Asian country was straining ties by asserting claims to a chain of
islands that may be rich in oil.
China's
Sinopec, Iran Ink Yadavaran Deal
(Dec
10 2007) The Associated Press
China's biggest refiner, Sinopec, and Iran have signed a $2 billion
agreement on developing the Yadavaran oil field, reports said Monday,
firming Beijing's business links with Tehran despite U.S. calls for
sanctions over Iran's nuclear program.
Japan,
China compete over Russian Elga coal project
(Dec
07 2007) PRIME-TASS News Agency
Japan and China are dueling for a rare opportunity to access a large
Russian coal mine, as record coal prices in the region lead major energy
consumers to target overseas reserves of the fuel.
Canada's
Lion Petroleum Signs PSC in Kenya for Exploration Block 1
(Dec 06 2007)
Global Insight Daily Analysis
A small Canadian firm, Lion Petroleum Inc., has signed a
production-sharing contract (PSC) with the Kenyan government to prospect
for hydrocarbons in exploration Block 1 in north-eastern Kenya.
Beijing
wants broader energy ties with Russia, Kazakhstan amid economic
globalization
(Dec 05 2007)
Interfax
The role of energy cooperation between China, Russia and Kazakhstan has
been increasing recently, Eurasian Economic Forum Director General Zhang
Deguang said on Wednesday.
China,
Japan to fight climate change jointly
(Dec 04 2007)
China Daily
China and Japan will help build a new framework to fight climate change
after the Kyoto Protocol expires in 2012, says a press communique issued
yesterday by the first China-Japan high-level economic dialogue in
Beijing.
ONGC's
Vietnam foray illegal, says China
(Dec 02 2007)
The Financial Times
India's quest for energy security is in rough weather after China termed
ONGC's current exploration in two offshore deepwater Vietnamese blocks
as "illegal".
CNOOC Turns
Face to Caspian Sea for Oil
(Nov
30 2007) SinoCast China Business Daily News
China National Offshore Oil Corporation (CNOOC, SEHK: 0883), one of the
nation's thirsty oil seekers, has increasing interest in making big
investment in the oil-rich Caspian Sea Region.
CNOOC finds
new target, wards off Russia
(Nov 29 2007) China Knowledge Press
CNOOC, China's largest producer of offshore crude oil and natural gas,
is targeting Africa's Caspian Sea and Asian Pacific regions for its
acquisition plans, instead of Russia, where the company sees a
potentially higher risk.
Oil exports
to China will start in 2008 More Russian oil for China, and a warning
for Europe
(Nov 28 2007)
WPS Russian Media Monitoring Agency
Industry and Energy Minister Viktor Khristenko announced yesterday that
by as soon as next year, we will start delivering up to 5 million tons
of oil to China via Kazakhstan. Experts note that this new export
channel offers room for maneuver and flexible prices.
China,
Kazakhstan move ahead on gas pipeline construction
(Nov 27 2007)
Xinhua News Agency
China and Kazakhstan have agreed to move ahead on construction of a
Sino-Kazakhstan natural gas pipeline, part of the Sino-Central Asian gas
pipeline that travels through Turkmenistan, Uzbekistan and Kazakhstan to
China.
Russia to
export 5 mln tons of oil annually to China via Kazakhstan from 2008
(Nov
26 2007) Interfax
Russia plans to export oil to China via Kazakhstan starting next year,
Russian Industry and Energy Minister Viktor Khristenko told reporters in
Astana on the sidelines of a meeting of the Kazakh-Russian
inter-governmental commission.
China's
Cnooc Ltd. considers purchase of Shell Nigeria stakes, according to
source
(Nov 21 2007) The Associated Press
China's Cnooc Ltd. is considering buying interests in Nigerian blocks
held by Royal Dutch Shell PLC, according to a person familiar with the
matter, the latest indication of China's rising assertiveness in
Africa's oil sector.
China, Iran
to renew fuel oil supply deal -trade
(Nov
20 2007) Reuters News
Chinese state oil trader Zhuhai Zhenrong Corp is set to renew a one-year
deal to buy from Iran about one million tonnes of fuel oil for 2008,
shortly after the company agreed to extend a major crude agreement,
traders said.
China,
Russia report major progress in natural gas negotiations
(Nov 19 2007)
Xinhua News Agency
China's largest oil and gas company CNPC and Russian gas giant Gazprom
have reported a major progress in their natural gas negotiations,
Gazpom's deputy chairman Alexander Medvedev said here Saturday.
Ecuador to
tap Chinese firms to develop ITT field
(Nov 18 2007)
Reuters News
Ecuadorian President Rafael Correa said on Sunday he would talk to
Chinese firms about developing the Ishpingo-Tambococha-Tiputini field
during an upcoming visit to China.
U.S., China
discuss deal to promote oil alternatives
(Nov 17 2007)
St. Louis Post-Dispatch
The United States and China are working on a pact to promote use of
ethanol and other biofuels to reduce greenhouse gas emissions, and could
announce an agreement as early as next month, a U.S. official said
Friday.
U.S., China
Could Announce Pact To Promote Biofuels Next Month
(Nov 16 2007)
Dow Jones International News
The United States and China are working on a pact to promote use of
ethanol and other biofuels to reduce greenhouse gas emissions and could
announce an agreement as early as next month, an American official said
Friday.
CNOOC eyes
Australian acquisition
(Nov 15 2007)
China Economic Review
China National Offshore Oil Corp (CNOOC) may make a US$450 million bid
for a 16.67% share in an Australian oil project currently owned by Royal
Dutch Shell, the South China Morning Post reported.
Chinese
energy experts visit Turkmenistan
(Nov 13 2007)
The Times of Central Asia
A group of experts from the China National Petroleum Corporation (CNPC)
arrived last week in Ashgabat to inspect the planned construction site
for a proposed natural-gas pipeline from Turkmenistan to China.
China's
First Strategic Oil Reserve Base to Work Soon
(Nov
12 2007) SinoCast China Business Daily News (Abstracts)
China's first strategic oil reserve base, located in Zhenhai, a district
in East China's Zhejiang Province, is likely to start service at the end
of 2007.
China seeks
30% more Saudi oil
(Nov 10 2007)
Middle East North Africa Financial Network (MENAFN)
Reuters reported that the Chinese government has asked for a 30 percent
increase in crude oil imports from Saudi Arabia for 2008 and also aims
to raise imports from Iran, partly to feed two new refineries amid
steady demand growth.
Cooperation
of Kazakhstan and China
(Nov
09 2007) Organisation of Asia-Pacific News Agencies
Kazakhstan and China signed 7 new agreements on mutually beneficial
cooperation. Prime Minister of Kazakhstan, Karim Massimov negotiated
with deputy of prime minister of State Council of China, Wu Yi.
China's
CNPC to acquire stake in Malaysian oil refinery - report
(Nov 08 2007)
AFX International Focus
Asia's top oil producer, China National Petroleum Corp, will acquire a
stake in a new Malaysian oil refinery in the northern state of Kedah,
the Edge Financial Daily reported Friday.
Energy to
top Chinese PM's Moscow agenda
(Nov 07 2007)
The Press Trust of India The construction of a trans-Siberian gas
pipeline to China and civil nuclear cooperation are expected to top the
agenda of Chinese Premier Wen Jiabao's two-day visit to Russia beginning
today.
Moving
China on Darfur
(Nov
06 2007) The Wall Street Journal
China has a reputation for being impervious to outside pressure. But
perhaps even this mountain can be moved. A pointed question posed to
Steven Spielberg in an op-ed published in these pages may be influencing
Beijing's foreign policy.
Chinese
premier calls for accelerated Russian pipeline construction
(Nov
02 2007) Xinhua News Agency
Chinese Premier Wen Jiabao said in a recent interview with Russian media
that relevant companies of the two countries should spare no time in
implementing the projects of laying oil and natural gas pipelines
extending from Russia to China.
Gazprom and
CNPC agree partnership
(Oct 31 2007) Petroleum Review
Russia's Lukoil and the Chinese National Petroleum Corporation (CNPC)
have signed a strategic partnership agreement under which the companies
intend to expand their cooperation on existing projects in Russia ...
China's CNOOC
starts building coastal pipeline to deliver imported gas
(Oct 30 2007) Xinhua News Agency China National Offshore
Oil Corp (CNOOC), the country's dominant offshore oil and gas producer,
has started building a coastal pipeline to deliver imported natural gas,
a company official said.
Official:
China, Russia cos still studying oil branch pipeline
(Oct 29 2007)
PRIME-TASS News Agency Russian and Chinese
companies are still studying building an oil branch pipeline from
eastern Siberia to China's northeastern border, Russia's ambassador to
China, Sergey Razov, said Monday.
China's role
as factory to the world threatened by energy problems - NDRC
(Oct 25
2007) Xinhua News Agency China must decide
whether it wants to remain "factory to the world" in the light of acute
energy supply problems, said Dai Yande, an expert with the National
Development and Reform Commission's Energy Research Institute.
China to
amend law to promote energy conservation
(Oct 24 2007) BCC News
Under heavy pressure to harness rampant energy consumption, China's top
legislature on Wednesday began deliberating a draft amendment to the law
that suggests work carried out by local government officials in energy
conservation should be integrated into the assessment of their political
performance.
India-Russia-China meet to discuss energy cooperation
(Oct 23 2007) The
Press Trust of India Limited Foreign
Ministers of India, China and Russia, who are meeting here tomorrow, are
expected to discuss ways to enhance their trilateral cooperation,
including in the field of energy, and review the regional and
international situation.
Xinjiang
likely to become China's strategic oil reserve base
(Oct 12 2007) Xinhua
News Agency Xinjiang Uygur Autonomous
Region, with rich oil, natural gas and coal resources, has recently
erected its position in China's energy strategy.
China may
revive energy ministry in draft law
(Oct 10 2007) Reuters News
China may re-establish an energy ministry and a sector watchdog under a
draft law that could be finalised by next year, sources said, as Beijing
seeks to tighten control of the strategic sector and boost efficiency.
Kazakhstan
and China: not merely good neighbors but also reliable partners
(Oct 09 2007)
Oil & Gas of Kazakhstan (Kazakhstan)
In the last years Kazakhstan-China collaboration has reached a special
point of progress particularly in the oil and gas industry. The fast
growing market of China makes this country a prospective direction for
diversification of Kazakhstani hydrocarbon raw materials.
NDRC releases
detailed subsidy plan for renewable energy power projects
(Oct 08 2007)
China Business Newswire China's National
Development and Reform Commission (NDRC) released a circular on Sept. 30
detailing how subsidies will be provided to a number of power projects
that utilize renewable energy.
Kazakhs could
halt China oil
(Oct 05 2007) Upstream
Kazakhstan is considering turning off the taps on the China-Kazakhstan
oil pipeline this winter as weak Chinese demand has made the line
uneconomic, writes Xu Yihe.
Venezuela
President Chavez is cutting a deal to ship oil to China
(Oct 03 2007) BusinessWeek Online Venezuelan President Hugo Chavez can't be accused of
letting economic realities derail his energy policies, especially if it
helps him snub the U.S.
Moscow,
Beijing may sign deal on building oil pipeline in November – Zhukov
(Oct
01 2007) Kazakhstan General Newswire It is well possible that Moscow and
Beijing may sign an intergovernmental agreement on building an oil
pipeline from Russia to China during a regular meeting between the two
countries' premiers in November.
Chinese vice-premier addresses Sino-Japanese energy conservation forum
(Sep 30 2007) BBC News
The second
Sino-Japanese comprehensive forum on energy conservation and
environmental protection was held on 27 September at the Great Hall of
the People.
Iran
to look at China if India opts out of pipeline deal: report
(Sep 28 2007) Platts Commodity
News
Iran might sell gas to China if India opts out of an ambitious pipeline
project that would carry gas from Iran to India via Pakistan, a senior
Iranian diplomat in New Delhi said.
Kazakh Oil Firm Draws Western Interest
(Sep 27 2007) Wall Street Journal
One of Kazakhstan's largest private oil producers is drawing interest
from Western investors and could attract bids of at least $4 billion,
people familiar with the matter said.
Chinese bank officials visit Turkmenistan to discuss energy cooperation
(Sep 26 2007) BBC Monitoring
Central Asia
A delegation from the China Development Bank of the People's Republic of
China headed by its vice governor Yao Zhongmin currently is visiting
Asgabat.
Canadian Solar appoints Michael Potter, Yan Zhuang to board to replace
Arthur Chien
(Sep 25 2007) The Associated Press
Solar-energy products supplier Canadian Solar Inc. on Tuesday said it
appointed two new board members as another resigned.
31
New Nuclear Stations to Be Built in China by 2020
(Sep 24 2007) SinoCast China
Business Daily News (Abstracts)
China planed to make a total investment of more than CNY 500 billion to
set up 31 new nuclear stations.
Russia to Begin Transmitting Power to China in 2008
(Sep 19 2007) Xinhua News Agency
The
power transmission cooperation agreement signed between RAO and China
will be divided into three phases, ...
China
to Exploit Oil in Venezuela with USD10bn
(Sep 18 2007) SinoCast China
Business Daily News (Abstracts)
China National Petroleum Corporation (CNPC) will establish a joint
venture with Petroleos de Venezuela S.A. ( PDVSA), the state-owned
petroleum company of Venezuela, with more than USD 10 billion.
China
and US sign energy accord
(Sep 17 2006) Industry Updates
Energy officials
from China and the United States signed a memorandum of understanding (MOU)
this weekend to cooperate on increasing energy efficiency in China's
industrial sector, ...
China, US in joint energy audit of Chinese factories
(Sep 16 2007) Reuters News
China and the United States have agreed to a joint study tracking the
Chinese industrial sector's energy consumption patterns, part of the two
governments' efforts to boost energy efficiency, the China Daily
reported on Monday.
Iran,
China in energy deal, annual trade to hit $20 billion, minister says
(Sep 14 2007) The Associated
Press
Iran's interior minister said Friday his country has finalized oil and
gas projects with China, adding that two-way trade was on target to hit
$20 billion (14.4 billion euros) this year among robust commercial ties.
Lukoil and CNPC Sign a Strategic
Partnership Agreement (Sep
12 2007) RIA Oreanda
Vagit Alekperov, President of LUKOIL, and Jiang Jiemin, President of the
Chinese National Petroleum Corporation (CNPC), signed a Strategic
Partnership Agreement in Beijing.
ALTERNATIVE ENERGY: Greater China News Review Sept 1-10, 2007
(Sep 11, 2007) China News Digest
Fourteen wind turbines of 1.5 MW each have been installed at a wind farm
in Shanghai municipality, eastern China.
LUKoil, CNPC Sign Cooperation Deal
(Sep 10 2007)
Bizekon-Russica Izvestia (Russia)
LUKoil and China's CNPC have a struck a deal to cooperate on oil and gas
production abroad and supplying hydrocarbons to China.
China
CNPC, Cnooc To Get Offshore Blocks In Equatorial Guinea
(Sep
09 2007) Dow Jones Emerging Markets Report
Two Chinese state-run oil companies, China National Petroleum Corp. and
Cnooc Ltd., will soon sign contracts to explore one offshore block each
in the western African country of Equatorial Guinea, ...
1st
line of Kazakhstan-China gas pipeline to be ready in 2009
(Sep 07 2007) ITAR-TASS World Service
The first line of the Kazakhstan-China gas pipeline will be ready in
2009, KazMunaiGaz Executive Director Arman Larbayev said at the Eurasian
Energy Forum on Friday.
China's Hu calls for global cooperation on energy
(Sep 06 2007)
Xinhua News Agency
Chinese President Hu Jintao called for global cooperation on energy,
amid concerns China is seeking to gain access to dwindling resources
around the world.
Sino-India nuke energy cooperation possible under IAEA: Experts
(Sep 05 2007) Organisation of
Asia-Pacific News Agencies
China may be willing to explore the possibility of cooperation with
India in the peaceful use of nuclear energy within the IAEA safeguards,
similar to the Sino-Pakistani model, ...
China's $7.2bn LNG deal a big boost for Gorgon project
(Sep 05 2007) The Age
CHINESE energy giant PetroChina has given the stalled Gorgon liquefied
natural gas project off Western Australia a much-needed confidence boost
by signing a 20-year supply contract worth $7.2 billion.
China
outlines plans to increase use of renewable energy
(Sep 04 2007) Kyodo News
China on Tuesday announced details of its plans to increase the use of
renewable energy in an attempt to cut pollution and greenhouse gas
emissions.
Hu at signing of 20-year
China-Australia energy pact
(Sep 03 2007) Reuters News
Chinese President Hu Jintao presided over the signing of a 20-year
energy pact between Chinese and Australian firms on Tuesday, ahead of an
Asia-Pacific leaders' summit in Sydney focusing on trade and global
warming.
Kenkiyak-Kumkol to build the
Kazakhstan-China pipeline
(Sep 02 2007) Oil & Gas of
Kazakhstan (Kazakhstan)
This year, commencement of the Kenkiyak-Kumkol oil pipeline construction
will become an important stage in the Kazakhstan oil pipeline system
development, KazTransOil Director General, Berik Tolumbayev, announced.
China's influence now extends from Australia to Africa
(Sep 01 2007) The Associated
Press
For nearly three decades, Chinese peasants have left their villages for
crowded dormitories and sweaty assembly lines, churning out goods for
world markets. Now, China is turning the tables.
CNOOC
defends China's rush for African oil
(Aug 30 2007) Financial Times
CNOOC, the Chinese state-owned oil company, yesterday defended China's
drive to secure oil in Africa against criticism it was being too
aggressive.
Sinopec to
expand production capacity with Saudi Arabia
(Aug 28 2007) Hong Kong Economic Times
China Petroleum & Chemical Corporation (Sinopec) is demanding another
one-off financial subsidy from the Chinese government to cover its loss
in refining.
Kazakhstan,
China agree to link pipeline to Caspian
(Aug 24 2007) The Times of Central Asia
Kazakhstan and China agreed Saturday to expand an oil pipeline that will
link China to the Caspian Sea, giving Beijing direct access to an
energy-rich region controlled by Kazakhstan.
Russian oil
crucial for development of China's northeast - China NDRC official
(Aug 20 2007) Xinhua News Agency
Russia will play a significant role in Beijing's efforts to "rejuvenate"
the economy of China's northeast, with the country's biggest oilfield at
Daqing establishing facilities designed to process Russian oil imports,
...
Sino-Russian crude oil pipeline still pending
(Aug
15 2007) Xinhua News Agency
The Sino-Russia crude pipeline from Daqing to Angarsk makes little
inroads, a PetroChina official in charge of Sino-Russia negotiation told
InfoChina.
CNPC,
U.S.-based Chevron to cooperate developing gas field in Sichuan
(Aug
13 2007) Xinhua News Agency
The U.S.-based oil giant Chevron has won a bid last weekend to cooperate
with China's largest oil producer in developing natural gas in southwest
China's Sichuan Province, business insiders said.
Chevron
Taps Into China's Energy Output With Pact to Develop PetroChina Gas
Field
(August 07 2007) The Wall Street Journal
U.S. energy company Chevron Corp. won the right to help develop a
PetroChina Co. natural-gas field in Sichuan province, people familiar
with the situation said, marking a rare inroad by a foreign company into
China's onshore oil and natural-gas production.
China's
CNPC JV with Rosneft wins east Siberia oil and gas exploration license
(August
02 2007) Xinhua News Agency
Vostok Energy Ltd, a joint venture between Russia's state-run Rosneft
and China National Petroleum Corp, has won licenses to explore for oil
and gas in two blocks in eastern Siberia, the official Xinhua news
agency reported.
China's
CNPC may invest 8 bln yuan on pipeline to import oil from Russia
(August 01 2007) Xinhua News Agency
China
National Petroleum Corp, the parent of PetroChina Co Ltd (HK 0857), may
invest up to 8 bln yuan to build the China branch to the Siberia-Pacific
crude oil pipeline, the South China Morning Post reported.
Indonesia
favours US$14bn oil investment from China
(July
30 2007) Ta Kung Pao
According to China News Services, China will expand its investment on
petroleum projects in Indonesia to US$14 billion.
China CNPC
strikes oil of commercial value in Chad
(July
29 2007) Reuters News
China
National Petroleum Corp. (CNPC) has struck oil of commercial value for
the first time in Chad, after buying a 50 percent share of an oil
exploration partnership in the landlocked African nation last year.
Iran, China
cos bid to build Indian crude reserve
(July
27 2007) Reuters News
Iranian
construction firm Tablieh and China's Sinohydro Corp. are among those
interested in building the first stage of India's strategic crude oil
reserve, a senior oil ministry official said.
Iran
Becomes China's Main Oil Supplier
(July
25 2007) Business Monitor International
According to IranMania, Iran has become the top oil exporter to China,
surpassing Saudi Arabia. Official Iranian statistics have stated that
China's oil imports from Iran more than doubled in 2006.
Why China's
CNPC got cold feet over hot Argentine oil prospect
(July
23 2007) The Wall Street Journal Asia
CONVENTIONAL
WISDOM says Chinese oil companies are buying every oil barrel in sight
-- no matter where, no matter the cost. Mr. Conventional is sometimes
wrong.
Chinese
change tune on oil sands strategy
(July 21 2007) Calgary Herald
China's biggest oil company appears to have changed its tune on its
Canadian oilsands strategy, saying it plans to expand its co-operation
with Canadian partners after a company official's comment in Calgary
that it will slow down investment.
Sands too
hot to handle for CNPC
(July
20 2007) Upstream
China
National Petroleum Corporation (CNPC) executives have said the
regulatory malaise in Canada and rising costs have prompted it to
abandon Alberta's oil sands in favour of Venezuela's extra heavy oil.
Boone
Pickens Sees Opening Retail Natural Gas Stations In China
(July 19
2007) Dow Jones News Service
Boone Pickens,
the billionaire oil investor from Texas, hopes to set up a chain of
retail natural gas stations in China with a local partner.
Somalia oil
challenge for CNOOC
(July 16
2007) The Standard
China National
Offshore Oil Corp has been given the green light by Somalia to search
for oil in the African country, according to the Financial Times.
Sudanese minister commends energy cooperation with China
(July 15 2007) BBC News
Since the
Beijing Summit of the Forum on China-Africa Cooperation held in November
last year, thanks to the joint efforts of China and Sudan, bilateral
cooperation has further deepened within the framework of China-Africa
cooperation.
Bernier
rejects Beijing's criticism of Canada
(July 14
2007) The Globe and Mail
The Harper
government's lead minister on foreign investment rejected Beijing's
charge that Ottawa is discouraging Chinese firms from sinking roots in
Canada, ...
CNPC Scales
Back On Canadian Oil, Focuses On Venezuela-Reports
(July
13 2007) Dow Jones Chinese Financial Wire
China
National Petroleum Corp. is scaling back its involvement in the Canadian
oil sands and instead is focusing efforts on developing its heavy oil
prospects in Venezuela, Canadian media reported Friday.
Russian oil
exports by rail to China down 8.9% on year Jan-Jun
(July
12 2007) Prime-TASS Energy Service (Russia)
Russian
oil exports by rail to China decreased 8.9% on the year to 4.5 million
tonnes in January-June, the East Siberian railroad, a branch of
state-owned Russian Railways, said Thursday.
Russia to
pipe natural gas massively to China
(July
11 2007) China Daily
Russia
will pipe 68 billion cubic meters of natural gas to China each year by
2020, Russian energy chief Viktor Khristenko said on Tuesday.
Russia sees
end in sight in China gas term talk
(July
10 2007) Reuters News
China and
Russia need to agree on commercial terms for gas trade within two years
if two planned major pipelines are to stay on schedule, Russia's top
energy official said on Tuesday.
Vietnam,
China to Build Oil Refinery in Can Tho
(July 09
2007) Vietnam News Brief Service
Ho Chi
Minh City-based Far East Investment - Trading Joint Stock Co. and China
National Overseas Engineering Corp. plan to build an oil refinery in
Vietnam’s southern Can Tho City by the end of this year.
Chinese
have hesitation about entry into oilsands, expert says
(July
06 2007) Canada East Online
An expert
in Chinese-Canadian relations says Canada should be trying to develop a
strategy to persuade Chinese investment in projects like refineries to
get better value out of oilsands crude, rather than shipping it to the
United States for processing.
China's
Sinopec signs oil deal with Rosneft
(July 05
2007) Reuters News
China's
state-owned Sinopec Group has signed an agreement with Russian oil firm
Rosneft to transport additional crude supplies via Mongolia, local media
said on Thursday, concluding the deal after months of delay.
Turkmen
president to visit China to discuss energy deal
(July
03 2007) The Associated Press
Turkmenistan's
president will travel to China for a two-day visit this month to focus
on speeding up an energy deal signed last year between the countries,
the government newspaper said Tuesday.
China's
CNPC Inks Deal For New Sudan Oil Block
(July
01 2007) Dow Jones International News
China's
biggest state oil company has deepened its involvement in Sudan by
signing a deal to co-develop an offshore oil block, ignoring
international efforts to isolate the East African nation over the crisis
in the Darfur region.
CNPC
wins right to work oil sands in Alberta
(June 30 2007) South China
Morning Post
China National Petroleum Corp, parent
of Hong Kong-listed PetroChina, has won its first licence to develop
oil-sand fields in Canada, in the process becoming the first mainland
oil company to garner a controlling interest in such a project.
Pipeline promises Crossroads
(June 29 2007) South China Morning Post
Russia has by far the
world's biggest proven reserves of natural gas. Much of this "clean"
energy is close to Asia, particularly China, where demand is rising fast
for carbon fuels that are less polluting than coal and oil.
Sino-Japanese talks on sea gas fields remain unresolved
(June 28 2007) China Knowledge
Press The
curtain has drawn on the ninth round of talks between China and Japan
over the much contested natural sea gas fields, but no substantial
headway was attained.
Oil
giant PetroChina finds biodiesel a difficult proposition
(June 27 2007) Platts Commodity
News A
shortage of natural feeds for PetroChina's flagship biodiesel plant is
causing headaches for the Chinese state-run oil giant.
Japan, China apart over gas row, agree to compile plan by fall
(June
26 2007) Organisation of Asia-Pacific News Agencies
Japan and China remained
apart Tuesday over their dispute over gas exploration rights in the East
China Sea, but agreed to continue to expedite efforts to compile by the
fall a plan to jointly develop the disputed gas fields, a Japanese
negotiator said.
China
to amend law to reduce energy consumption
(June 24 2007) The Press Trust of
India Limited Under
heavy pressure to cut energy consumption and emission of greenhouse
gases, China has decided to curb the excessive use of energy in
construction projects, transportation sector and government buildings.
Iraq
revives Saddam oil deal with China
(June 23 2007)
Financial Times
Baghdad has revived a contract signed by
the Saddam Hussein administration allowing a state-owned Chinese oil
company to develop an Iraqi oil field, the Iraqi oil minister told the
Financial Times in Beijing yesterday.
ALTERNATIVE & CLEAN ENERGY: Greater China News Review June 11-20, 2007
(June 22 2007) China News Digest
Up to 120,000 MW of wind
power capacity may be installed in China by 2020 if the country adopts
the right policies, China's National Development and Reform Commission
said. This figure is fourfold higher than China's current wind power
capacity target for 2020.
China's Darfur envoy says Beijing doing best to solve crisis, considers
sending peacekeepers
(June 21 2007) The Associated Press
China's special envoy on
Darfur said his country will seriously consider sending troops for a
peacekeeping mission in the war-torn Sudanese region and insisted
Beijing is doing its best to help solve the conflict.
China’s private oil companies sell “packaged assets” to foreign buyers
(June 20 2007) Xinhua News Agency
A US company has signed
agreements to buy packaged assets from 15 Chinese private oil companies
for 10 million US dollars, according to Shanghai Securities News, citing
Zhao Youshan, president of the oil chamber of the China Commercial
Federation.
Russia likely to help build two more nuclear power units in China:
official
(June 19 2007) Xinhua News Agency
Russia is likely to play a
role in the construction of the second phase project of the Tianwan
nuclear power station in China, Ivan Kamenskikh, deputy director of the
Russian Federal Atomic Energy Agency, said on June 19.
China
slows coal-liquids push on water fear
(June 18 2007) Reuters News
Beijing is trying to slow
the push on water-intensive alternative energy on mounting signs that
China might face a serious water shortage in the future.
China
and Malaysia Strengthen Cooperation in Gas and Oil Fields
(June 16 2007) China Chemical
Reporter
International Business Daily reports
that PETRONAS of Malaysia will supply natural gas to Shanghai before the
opening of WORLD EXPO 2010 Shanghai.
Sino-Kazakhstan pipeline delivered 3.67 mln tons of crude oil
(June 15 2007) China
Knowledge Press
The Sino-Kazakhstan oil pipeline had
transported 3.67 million tons of crude oil by the end of May with total
levied tax in excess of RMB 2.1 billion since it kick-started operations
in July 11th last year, disclosed the Alashankou Customs of Xinjiang
today.
China
needs more oil tankers for self-reliance - paper
(June 14 2007) Reuters News
China should increase its
oil shipping capacity to ensure steady oil flows to the world's
second-largest user amid concern of potential supply disruptions, state
media reported on Thursday.
Talisman Energy sues CNOOC over its stake in Indonesia's Tangguh project
(June 13 2007) Gas Matters Today
Talisman Energy, through
its subsidiary Fortuna Resources, has sued China National Offshore Oil
Corporation (CNOOC), claiming it is entitled to 44% of CNOOC's 17%
interest in Indonesia's $5 billion Tangguh LNG project.
World
energy use rose 2.4 percent in 2006, China up 8.4 percent, BP report
says (June
12 2007) The Associated Press
World energy consumption rose 2.4
percent last year, slowing from a rise of 3.2 percent in 2005, while
China's energy use soared 8.4 percent, BP PLC said Tuesday in its annual
survey of global trends.
Saudi
Aramco says close to Sinopec JV deal-paper
(June 10 2007) Reuters News
State-owned oil
conglomerate Saudi Aramco will soon reach a deal with China's Sinopec
Group, Asia's top refiner, for partnership in an oil refinery in the
Chinese city of Qingdao, a newspaper reported on Sunday.
China, Kazakhstan vow to boost energy cooperation
(June 08 2007) China Daily
China and Kazakhstan on
June 6 vowed to deepen the cooperation on energy and resources.
China
Cnooc Inks Deal To Look For Oil, Gas In Cambodia -Report
(June 07 2007) Dow Jones Chinese Financial
Wire China
National Offshore Oil Corp. has signed its first production-sharing
contract in Cambodia, and may follow it up with a second agreement
within weeks, a report by Upstream newspaper said Friday.
Mergers and Acquisitions By China's Petroleum and Chemical Companies
(June 06 2007)
China Chemical Reporter In the world
of mergers and acquisitions (M&A), deals by Asian players usually
account for around 15% of the activity. In 2005 and 2006, however, this
proportion increased and was estimated to be 18% - 20%.
Turkmenistan committed to multiple gas export routes - president
(June 05 2007) BBC News
Turkmenistan has not abandoned its plans to have multiple gas export
routes, according to remarks made by the country's president, Gurbanguly
Berdimuhammedow.
Major
targets of China's energy efficiency work plan
(June 03 2007) BBC News
China's State Council, or
cabinet, on Sunday issued the General Work Plan for Energy Conservation
and Pollutant Discharge Reduction, urging governments at all levels and
companies around the country to "earnestly" implement it.
U.S.
Base in Central Asia Threatened
(June 02 2007) The Associated
Press
When Defense Secretary Robert Gates visits next week, he'll find
pressure from Russia and China, as well as some Kyrgyz officials, to
close this Central Asian outpost of American military might.
Russian oil exports to China via Kazakhstan to start this year
(June 01 2007) Platts Commodity News
Exports of Russian crude via the new Atasu-Alashankou oil pipeline
linking central Kazakhstan with north-western China may start this year,
Russia's industry and energy minister Viktor Khristnko said Friday.
China
against imposing new sanctions on Sudan on Darfur issue
(May 31 2007) The Press Trust of
India Limited
China has told the United States that it is against imposing new
sanctions on oil-rich Sudan as it would only complicate the settlement
of Darfur issue.
Sinopec jumps to new high on big oil find
(May 30 2007) Reuters News
Shares in Sinopec Corp. , Asia's largest refiner, jumped more than 6
percent to a record high on Thursday after it made a big oil find in
northwest China.
Sinopec in Talks with Companies from Middle East
(May 29 2007) SinoCast China
Business Daily News
China Petroleum and Chemical Corporation (Sinopec) is in talks with a
couple of oil companies from the Middle East, but their names are
available for disclosure, according to people from the Chinese oil
major.
China's import of fuel oil drops in first Q1
(May 28 2007) Xinhua News Agency
China's import of fuel oil was 2.163 million tons in March of this year,
adding the total to 6.3258 million tons in the first quarter of this
year, dropping 11.2 percent year on year, according to statistics from
the customs.
China
CNPC To Start Building Russia Pipeline Section Next Mo
(May 27 2007) Dow Jones Energy Service
China National Petroleum Corp said Monday it will start constructing a
section of a massive Russian pipeline connecting the East Siberian oil
fields to Asian markets next month.
2
years needed to prepare gas test drilling in East China Sea
(May 26 2007) Kyodo News
At least two years are needed to
prepare for gas exploratory drilling in the East China Sea, especially
to procure a drilling vessel, the president of the Japanese company
possessing the test drilling rights said in a recent interview.
No
breakthrough in China-Japan drilling talks
(May 25 2007) Platts
Commodity News
China and Japan ended talks in
Beijing Friday with no breakthrough in resolving a longstanding dispute
over drilling rights in the energy-rich East China Sea but agreed to
meet again next month.
China's energy policy is no threat
(May 24 2007) Business Times
Singapore
Chinese efforts to lock up oil
supplies with long-term contracts may even be advantageous to the US,
analysts suggest.
Solar
could go mainstream as China enters market
(May 23 2007)
Washington Post
Solar power could go mainstream
within three to four years as Chinese companies boost production of
solar panels and the key ingredient for their function, according a
report released yesterday.
U.S.,
China meet on avoiding oil supply disruptions
(May 22 2007) Reuters News
U.S. and Chinese
government officials will meet on Tuesday to discuss ways to collaborate
on avoiding oil market disruptions.
China
boosts coal-to-oil production capacity
(May 21 2007) Xinhua News Agency
China will expand its
coal-to-oil production capacity up to 143,200 tons/year in 2008, a
source with Coaltrans China 2007. Its production capacity will reach 50
million tons by 2020.
Iran,
China Cnooc Finalize Talks On LNG Project - Report
(May 20 2007) Dow Jones Energy Service
Iran and China recently
finalized their negotiations on the development of the North Pars
natural gas field in Iran, the Xinhua News Agency reported late
Saturday, citing Iranian daily Tehran Times.
More
oil firms move into costly oil sands
(May 18 2007) Reuters News
More oil firms are joining
the rush to tap oil from sands in Canada's Alberta province, a costly
process that may secure future output but needs higher oil prices to
make money.
Lawsuit may cost CNOOC part of its share in Indonesian gas field
(May 17 2007) China Daily
China National Offshore
Oil Corp. (CNOOC), the country's largest offshore oil producer, may lose
part of its stake in a natural gas field in Indonesia if a lawsuit filed
by its partner succeeds.
Huge
Chinese oil field may be bigger than thought
(May 16 2007) Agence France
Presse Latest
explorations indicate that China's newly found Jidong Nanpu oil field in
Bohai Bay may have more reserves than previously estimated, state media
reported Thursday.
Chinese official says economic engagement with Sudan to help resolve
Darfur crisis (May 15 2007) The
Associated Press
China's economic ties with Sudan will help
end violence in Darfur, a Chinese official said Tuesday, rejecting
claims that Beijing's support for Khartoum was prolonging the
humanitarian crisis.
Venezuela's PdVSA, Sinopec Seek Rig For Posa Field -Executive
(May 14 2007) Dow Jones
Chinese Financial Wire Petroleos
de Venezuela SA and China Petroleum & Chemical Corp. (SNP), or Sinopec,
are seeking a rig to develop the Posa oil field in the Gulf of Paria,
according to an executive who is working on the project.
Cnooc
In Legal Battle Over Indonesia Tangguh LNG Stake
(May 13 2007) Dow Jones
International News
Cnooc Ltd. (CEO), China's largest
listed offshore oil producer by output, could lose some of its stake in
the $5 billion Tangguh liquefied natural gas project in Indonesia if a
court case goes against it later this year.
Iran
hopeful for oilfield deal with China soon-report
(May 12 2007) Reuters News
Iran hopes the latest
round in long-running talks with China now under way on developing the
Yadavaran oilfield will yield a final deal, Iranian Oil Minister Kazem
Vaziri-Hamaneh was quoted as saying on Saturday.
Africa Feature: China-funded oil field benefits Sudanese
(May 11 2007) Xinhua News Agency
Khalid Ali Idris, a native
Sudanese engineer employed by the Heglig Oil Field, was all smiles
talking about his work.
China
LNG deal hints at easing of price limits
(May 10 2007) Financial Times
A Chinese company has announced that it has made the country’s first
ever purchase of liquefied natural gas on the spot market ...
Newly
found oil deposits equivalent to three years' consumption
(May 09 2007) Xinhua News Agency
China's newly discovered
oilfield in Bohai Bay will significantly boost the country's oil
reserves and reduce its reliance on imports, the Shanghai Securities
News reported on Wednesday.
Supply/demand of coal, power and oil basically balanced: NDRC
(May 08 2007) Xinhua News Agency
The supply and demand of coal, electric power, oil and transport is
generally balanced in China, but they are still in shortfall in some
areas and peak seasons, said an official with the National Development
and Reform Commission (NDRC).
China
Power to spend $4 bln on renewable energy
(May
06 2007) Reuters News
China Power International , helmed by the daughter of former Premier Li
Peng, plans to spend up to $4 billion by 2010 developing renewable
energy as Beijing pushes to clean up its air and water and whittle down
its reliance on imported resources.
Atomic energy has much room to play in China
(May 05 2007) Xinhua News Agency
The successful commissioning nearly 16 years ago of a 300 MW nuclear
reactor in Qinshan, east China's Zhejiang Province marked the birth of
the country's nuclear power industry.
China
and Venezuela Finalize Plans for a Joint Oil Fund
(May 04 2007) Market Wire Researched by
Industrial Info Resources (Sugar Land, Texas).
According to Venezuela's President Hugo Chavez, China is to be part of a
joint fund with Venezuela designed to finance $6 billion for heavy crude
oil exploration and production projects.
PetroChina Confirms Major Oil, Gas Find In Bohai Bay
(May 03 2007) Dow Jones International News
PetroChina Co. (PTR), China's biggest listed oil producer by capacity,
will sharply raise its crude oil and natural gas output with its recent
major petroleum discovery in the northeastern Bohai Bay area.
China
opposes 'selective practices' in nuke energy cooperation
(May 02 2007) Organisation of
Asia-Pacific News Agencies
China has opposed "double standards" and "selective practices" in
international nuclear energy cooperation while urging the United States
and Russia to take the lead in disarmament in this area.
China’s Energy Law Needs Overseer, Says Drafters
(May 01 2007) Asia Pulse
It is
possible for China to set up an independent energy administrative
agency, which is authoritative and efficient enough to enact the
proposed Energy Law, a key drafter said.
Pakistan to
Construct China-Pakistan Natural Gas Pipeline
(Apr 30 2007)
Xinhua News Agency
Prime Minister of Pakistan, Shaukat Aziz, revealed on April 26th that
the country was considering constructing a pipeline to transfer natural
gas from the Arabian Sea to China and Pakistan.
Int'l
seminar fans ideas for China's Energy Law
(Apr
27 2007) Xinhua News Agency
More than 200 officials and experts on April 27 gathered in Beijing to
generate ideas on China's upcoming Energy Law.
Sinopec
says Ethiopian massacre won't affect its African strategy
(Apr
26 2007) Platts
The investment strategy of Chinese state oil company China Petrochemical
Corp Group (Sinopec Group) in Africa will not be affected by this week's
attack on an oil project in Ethiopia which killed 77 people, a company
official said Thursday.
China will
not affect world energy demand
(Apr 25 2007)
China Daily
China's increasing energy demand will not affect world energy security,
said visiting top Chinese political advisor Jia Qinglin on Tuesday.
China
groups face African backlash
(Apr 24 2007)
Financial Times
Chinese state companies have been expanding across the African continent
in pursuit of raw materials at an accelerating pace and with apparently
far less attention to risk than some of their western peers.
Beijing to
stagger strategic oil reserve purchases
(Apr 23 2007)
Financial Times
High global prices have prompted China to stagger oil purchases for its
strategic reserves, which are unlikely to exceed the equivalent of one
month's imports by 2010, said Beijing's energy chief.
China says
lacks uranium for planned nuclear plants
(Apr 21 2007) Reuters News
China is finding it hard to obtain enough uranium to fuel the nuclear
power reactors it plans to build, the country's top energy official said
on Saturday.
CNOOC,
Sinochem eyes Devon's assets in West Africa
(Apr
20 2007) China Knowledge Press
CNOOC and chemical trader Sinochem Corp. are preparing separate bids for
the West African oil and gas assets of U.S.-based Devon Energy Corp in a
deal valued at between US$1.5 billion and US$2 billion.
China asks
Canada not to interfere in its internal affairs
(Apr 19 2007)
The Press Trust of India Limited
China today asked Canada not to meddle with the country's internal
affairs by protesting the sentencing of a Uygur-Canadian, who was today
given life term in prison by a court here for "plotting to split the
country".
Ten firms
win bidding rights on Nigeria oil blocks
(Apr
18 2007) Reuters News
Two Chinese energy companies were among 10 firms to win preferential
rights to bid on Nigerian exploration blocks after promising to invest
in the country's infrastructure.
China,
Japan hold first ministerial meeting on energy
(Apr
16 2007) Xinhua News Agency
China and Japan held its first ministerial dialogue on energy policies
here on Thursday, agreeing to reinforce energy cooperation.
China is
planning to construct the second national gas pipeline by 2010
(Apr
13 2007) Oil & Gaz of Kazakhstan
China is planning to begin the construction of the second national gas
pipeline in 2008, that will connect north-western regions of the country
with southern ones.
China
Issues New Five-Year Energy Plan to 2010
(Apr
12 2007) Asia Pulse
The National Development and Reform Commission on April 10 published the
`11th Five-Year Program for Energy Development' on its website.
China's
Sinopec in talks on Iran's Yadavaran oil field, president says
(Apr 10 2007)
The Associated Press
China Petroleum & Chemical Corp., best known as Sinopec, said Tuesday it
does not plan to buy liquified natural gas from Iran because the price
is too high, but that it is in talks on cooperating on oil production.
Chinese
firms expected to invest in Vietnam's bauxite, energy
(Apr 09 2007)
Xinhua News Agency
Chinese companies are expected to invest mine bauxite, and build an
alumina refinery and a coal-fired power station in Vietnam's central
region, Vietnam Investment Review reported on April 9.
China
spoils India's game in Myanmar
(Apr
08 2007) Hindustan Times
India is concerned over the rise in tempo of China's acquisition of oil
and gas assets in Myanmar as this could "affect Indian plans to exploit
Myanmar's energy reserves".
China and
Russia Strengthen Energy Cooperation
(Apr
06 2007) China Chemical Reporter
According to the news from Xinhua Agency, during the visit of China
President Hu Jingtao to Russia from March 26th to 28th, China and Russia
signed papers on 21 cooperation items with a value of over US$4.3
billion.
ALTERNATIVE
& CLEAN ENERGY: Greater China News Review March 21-31, 2007
(Apr
05 2007) China News Digest
China's wind power generating capacity will reach 4,000 MW in late 2007
and will top 5,000 MW in 2008, Li Junfeng, secretary general of the
China Association of Resource Comprehensive Utilisation forecast.
Halfway
home on renewable energy law
(Apr 04 2007)
Shanghai Daily
China has finished drafting more than half of the 12 regulations that
will be used to implement the landmark renewable-energy law enacted last
year, a senior government official said yesterday.
China's
CNOOC will continue to seek overseas acquisitions, tieups
(Apr 03 2007)
Xinhua News Agency
State-controlled offshore oil and gas company CNOOC will continue to
seek overseas acquisitions and tieups, a company official said.
China
looking to deepwater for energy needs: industry group
(April 02 2007)
Agence France Presse
China is increasingly looking to deepwater hydrocarbon resources such as
gas and oil to meet growing energy demand from its rapidly expanding
economy, an industry group said Monday.
Chinese firms pile into wind
turbine sector (Apr 01 2007)
Reuters News Chinese firms are piling into technically complex wind turbine
manufacturing, creating a supply glut and causing quality problems that
may temporarily complicate Beijing's push towards cleaner energy,
industry executives said.
China's
Zhenhua Oil wins oil and gas exploration rights in Pakistan
(Mar
30 2007) Xinhua Financial Network
China Zhenhua Oil Co Ltd, a wholly-owned unit of China North Industries
Corp, has signed an exploration contract wtih Pakistan government,
acquiring 100 pct of two oil and gas blocks in Pakistan.
Venezuela
Shipping 200K B/D To China -China's Venezuela Envoy
(Mar 29 2007) Dow Jones Energy Service
Venezuela is currently shipping 200,000 barrels a day of oil to China as
bilateral trade grows, said Ju Yijie, China's ambassador to Venezuela.
China backs
idea of energy development center in Russia
(Mar
28 2007) ITAR-TASS World Service
China supports a proposal for setting up in Russia an international
center for sustainable energy development under UNESCO auspices.
China,
Russia to boost cooperation in trade, investment, energy
(Mar
27 2007) Xinhua News Agency
Visiting Chinese President Hu Jintao and Russian President Vladimir
Putin Monday vowed to boost cooperation in trade, investment, energy and
other sectors.
Analysis of
China's energy import and export
(Mar
26 2007) Xinhua News Agency
China has become one of the world's important countries in energy
products trade.
China,
Venezuela to advance mutually beneficial energy cooperation
(Mar 25 2007) Xinhua News Agency
China
focuses on achieving mutual benefits when carrying out economic
cooperation with Venezuela, an senior official of the Communist Party of
China (CPC) said here Sunday.
Venezuela's
Chavez: China Set To Rival US As Top Oil Buyer
(Mar
24 2007) Dow Jones International News
President Hugo Chavez said China is set to rival the U.S. as Venezuela's
top oil buyer as he announced new plans with the Asian powerhouse to
jointly ship oil, build refineries and expand crude production.
US couldn't
ignore India, China on energy, security front'
(Mar 23 2007)
Organisation
of Asia-Pacific News Agencies
Experts have warned the United States that Washington could not ignore
the interests and aspirations of countries like India and China if it
wants to adequately address issues of security and energy stability.
Chinese
energy needs will buoy Alberta economy
(Mar
22 2007) Edmonton Journal
Alberta's energy boom will be sustained by Chinese demand despite some
risk of a U.S. recession, says economist Paul Krugman.
Myanmar
says no to gas exports to India; prefers China
(Mar 21 2007) Organisation of Asia-Pacific News Agencies
In a major blow to India's quest for energy security, Myanmar has
refused to export gas to the energy-hungry nation and instead wants to
lay a pipeline to China to sell natural gas found in its offshore area.
China's
independent oil firms lobby for crude
(Mar
20 2007) Reuters News
China's private oil sector has called on the government to free up part
of the state-dominated crude oil market, a few months after Beijing
started opening up the domestic distribution sector.
Kazakh PM
visits NW China, pledging closer cooperation on border trade
(Mar
19 2007) The Times of Central Asia
Kazakh Prime Minister Karim Massimov said Sunday Kazakhstan will work
with China to speed up construction of the border area to further
promote bilateral economic and trade ties.
China's oil
and chemical industry makes fast development
(Mar
19 2007) Xinuua News Agency
China will take the lead in the world in petroleum and chemical
industrial development in the 2006-2010 period and become a key area for
investors in and outside the country, ...
China CNOOC
Aims To Make Offshore Wind Power A Core Business
(Mar
18 2007) Dow Jones Chinese Financial Wire
China National Offshore Oil Corp. is aiming to use its dominance of
China's territorial waters to make offshore wind power part of its core
business in the future, the company's president, Fu Chengyu, said over
the weekend.
China aims
to boost renewable energy use-minister
(Mar 17 2007)
Reuters News
China aims to increase its use of renewable energy sources and improve
energy efficiency as part of a national plan to combat climate change,
China's environment minister said on Saturday.
China sure
to meet energy saving targets by 2010: official
(Mar 16 2007)
Xinhua News Agency
China will definitely achieve its energy saving and emission reduction
targets in the 2006 to 2010 period despite failing to meet last year's
target, ...
China
builds strategy oil reserve in Lanzhou for Kazakh oil
(Mar
15 2007) Xinhua News Agency
China is likely to build a base for handling 10 million tons of strategy
oil reserve a year in Lanzhou of Gansu Province, the first one in
northwest China, and fill it with oil piped from Kazakhstan, ...
CNPC
reinforces cooperation with Japan’s top oil company
(Mar 13 2007) Xinhua News Agency
Cooperation between China’s oil giant CNPC, the parent company of
PetroChina (NYSE: PTR,) and Japan’s largest oil company, Nippon Oil
Cooperation, would be further intensified ...
Foreign
firms eye joint oil projects
(Mar
12 2007) China Daily
Foreign giants are gearing up to further tap China's offshore reserves
since the country's top offshore oil firm opened an unprecedented number
of blocks for international collaboration.
Nippon Oil
Signs Mutual Supply Pact With China's CNPC -Kyodo
(Mar
09 2007) Dow Jones International News
Japan's biggest oil wholesaler, Nippon Oil Corp. (5001.TO), has agreed
to a mutual supply pact with China National Petroleum Corp., China's
biggest oil company, Kyodo news service reported Friday.
China's
CNPC strikes oil and gas in Algeria
(Mar
08 2007) Reuters News
Top Chinese energy firm China National Petroleum Corp. (CNPC) said on
Thursday it had struck a high volume of natural gas and oil from an
appraisal well in Algeria.
Australia's
Mission Biofuels signs deal to supply biodiesel to China
(Mar
07 2007) Xinhua News Agency
Perth-based Mission Biofuels Ltd said it has signed a memorandum of
understanding (MoU) for a joint venture production contract with China's
East River Energy Resources and Science Technology (Zhejiang) Ltd, to
produce biodiesel for the Chinese market.
China seen
boosting natural gas use, new major pipeline studied
(Mar
06 2007) AFX Asia
China is expected to boost its use of natural gas for industry and power
generation as it tries to diversify its energy mix and reduce reliance
on coal, a major source of pollution, analysts said.
CNOOC aims
to list on Chinese mainland in 2007
(Mar
05 2007) Xinhua News Agency
China's largest offshore oil producer CNOOC plans to issue stocks on the
Chinese mainland's A-share market this year, Chairman Fu Chengyu said on
Monday.
China
Lawmakers Talk Of Setting Up Energy Ministry - Xinhua
(Mar
03 2007) Dow Jones Commodities Service
China lawmakers are urging the government to reestablish an energy
ministry to better control the use of resources as China's energy needs
continue to grow rapidly, Xinhua News Agency reported Sunday.
Shell
Starts Up - China Gas Field - To Supply Beijing
(Mar
02 2007) Wall Street Journal
Royal Dutch Shell PLC has started producing natural gas from a field in
northern China that aims to help quench Beijing's growing thirst for the
fuel as it strives to reduce pollution ahead of the 2008 Summer
Olympics.
Sinochem
says not bidding for Devon's Egypt assets
(March
01 2007) Reuters News
China's state-run Sinochem Corp. has decided not to bid for Egyptian oil
blocks offered by U.S. firm Devon Energy Corp. , a senior Sinochem
upstream official said on Friday.
China
Sinochem To Bid For Devon's Egypt Oil Blocks
(Feb
28 2007) Dow Jones Chinese Financial
Wire Devon said in January that it wants to sell its assets in Egypt and
West Africa so it can focus on opportunities in North America, Brazil
and China. Deals are expected to close between July and September.
China
misses energy efficiency target
(Feb 28 2007)
Agence France Presse
China missed its target of improving energy efficiency by a wide margin
in 2006, state media said Thursday.
Booming
Economy of China Demands Energy
(Feb
27 2007) PR Newswire (U.S.)
China is working towards a competitive energy industry backed by strong
political support and infrastructural development.
China's new
energy industry attractive
(Feb
26 2007) Xinhua News Agency
Overseas investment institutes and transnational corporations are
showing interest in China's new energy market, which has potential value
of about 100 billion yuan, a recent China Energy Investment Forum
disclosed.
China
Selling Off Oil Rights It Got for Free
(Feb
25 2007) The East African
There was outrage among European oil exploration companies interested in
Kenya when it emerged last week that the state-owned National Oil
Corporation of China - CNOOC - has quietly put out notices offering to
farm out to third parties some of the oil exploration blocks granted to
it by President Mwai Kibaki in April last year.
Buffett
faulted for keeping PetroChina stake
(Feb
23 2007) Reuters News
Warren Buffett's Berkshire Hathaway Inc. was criticized Friday for
keeping its investment in PetroChina Co. amid claims the Chinese oil
company's parent invests in Sudan.
Kazakhstan
plans gas pipeline to China
(Feb 21 2007) BBC News
Kazakhstan is planning to build a gas pipeline to China by 2010, a
newspaper has said, quoting Energy and Mineral Resources Minister
Baktykozha Izmukhambetov.
African
nations wary of China's aid
(Feb
19 2007) Daily Yomiuri
China's extravagant diplomatic efforts to secure energy resources from
African nations is making the international community increasingly wary
about Beijing's motives.
Chinese oil
companies to set up their own reserves
(Feb
15 2007) Agence France Presse
China may ask state-owned energy companies to establish oil reserves as
a supplement to a national reserve being set up as the Asian giant
struggles to fuel future growth, state media said Thursday.
China wins
contracts for energy supply to Cambodia
(Feb
14 2007) Thai News Service
Two Chinese companies have won contracts for expansion of Cambodia's
energy supply system, according to sources from the Cambodian Council of
Ministers.
CNPC Signs
Aid Deal in Sudan
(Feb
13 2007) Global Insight Daily Analysis
The China National Petroleum Corp. (CNPC) has signed an agreement with
the government of Sudan to help fund training programmes in the
country's oil and gas sector.
Iran sees
China gas deal taking year to sign
(Feb
12 2007) Reuters News
It will take a year to finalise a $20 billion deal to develop Iran's
northern Pars gas field with China National Offshore Oil Corp (CNOOC), a
newspaper on Monday quoted an Iranian energy official as saying.
China's
courtship of Africa
(Feb
09 2007) The Japan Times
Chinese President Hu Jintao is near the end of an eight-nation tour of
Africa, which has renewed anxieties associated with ``China's rise.'
Yes, the trip is proof of Beijing's expanding interests and its global
reach.
China
burns, Canada fiddles
(Feb
08 2007) National Post
In Calgary tomorrow, two Tory Cabinet ministers will explain part of
Ottawa's emerging plan to squeeze a few carbon emissions out of the oil
and gas industry. Other schemes are reportedly in the works for the auto
sector.
Fujian
energetically develops wind power production
(Feb 08 2007)
Xinhua News Agency
The “Fujian Provincial Plan for Power Development in the 11 Five-Year
Program Period” states that the East China province will energetically
develop wind power production to bring the installed capacity of wind
power up to 600,000 kW by 2010 and the proportion of wind power, 2
percent.
China to
open 200 mln acres woodland for bioenergy
(Feb 07 2007)
Reuters News
China plans to earmark 200 million acres (13.3 million hectares) of
woodland for biomass energy development to help meet the country's
soaring demand and improve the environment, the government said.
Mr Hu's
mission to Khartoum - Sudan and China
(Feb 03 2007)
The Economist
HU JINTAO, China's president, is a seasoned traveller. At present he is
on an eight-nation tour of Africa, a continent he knows well from two
previous trips.
China
pushes offshore drilling
(Feb
03 2007) Calgary Herald
China National Offshore Oil Corp., the nation's largest offshore oil
developer, plans to spend 10 billion yuan ($1.3 billion US) on deepwater
drilling equipment and almost double production by 2010.
Oil seals
friendship for China and 'rogue' Sudan
(Feb
02 2007) The Daily Telegraph
WHEN President Hu Jintao of China arrives in Sudan today, an isolated
regime waging a brutal war in Darfur will offer an effusive welcome.
Exxon
Mobil, Sinopec wins nod for major chemical plant in China
(Feb 01 2007)
Agence France Presse
China Chemical Petroleum Corp (Sinopec), the country's largest refiner,
and energy giant Exxon Mobil have won approval for a 490-million-dollar
petrochemical plant, the government said Thursday.
Hu to tell
Sudan of Darfur concerns
(Jan
30 2007) The Australian
CHINESE President Hu Jintao leaves today for a tour of eight African
countries, including Sudan -- where China's new role as the continent's
leading international partner faces a crucial challenge.
China
starts filling first strategic oil reserve
(Jan
29 2007) Agence France Presse
China started filling its first strategic oil reserve on Monday, state
media said, citing the National Development and Reform Commission, the
top economic planning agency.
China to
increase oil reserve transparency under IEA request
(Jan 29 2007) Xinuua News Agency
An agreement aiming to improve the transparency of China's strategic oil
reserves will likely be signed between the International Energy Agency (IEA)
and the Chinese central government during IEA Executive Director Claude
Mandil's visit to China.
CNOOC eyes
natural gas in Yemen
(Jan
27 2007) The Standard
CNOOC (0883), the largest offshore oil producer in China, is reportedly
in talks aimed at acquiring a stake in a liquefied natural gas project
in Yemen from US company Hunt Oil in a bid to secure its natural gas
supply.
China to
replace a quarter of refined oil with liquid biofuels
(Jan 26 2007) Xinhua News Agency
The Chinese government aims to develop liquid biofuels like ethanol and
bio-diesel in rural areas to cut usage of refined oil by 10 million
tons, or more than a quarter, by 2020, senior official said on Thursday.
China eyes
rural biofuels to ease oil imports
(Jan
25 2007) Reuters News
China hopes wider use of biofuel in rural areas will cut oil product
consumption by 73 million barrels a year by 2020, helping to improve
energy security, the official Xinhua news agency quoted a senior
official as saying.
Official
denies China plundering African resources
(Jan
25 2007) BBC News
In response to some Western media's allegation that "China is plundering
African resources", Chinese Assistant Foreign Minister Zhai Jun said on
24 January that Sino-African relations are a new type of strategic
partnership characterized by strong friendship ...
Citic unit
spends US$995m to become major oil player
(Jan
24 2007) South China Morning Post
Citic Resources Holdings plans to pay US$995 million for almost half of
parent firm Citic Group's oil assets in Kazakhstan, making it China's
fourth-largest listed oil producer, according to sources.
Some see
Beijing's move to cut gas prices as a boon to Sinopec
(Jan
23 2007) The Wall Street Journal
THERE COULD BE
good news in the pipeline for China's biggest oil refiner. The high oil
prices the world saw in the first half of 2006 were naturally good for
many oil companies -- but not for China Petroleum & Chemical, better
known as Sinopec.
Canadian
banks told to invest in China: Be more 'aggressive,' finance minister
urges
(Jan
22 2007) The Ottawa Citizen
In a reminder that China expects its business relationship with Canada
to be a two-way street, Finance Minister Jim Flaherty urged Canadian
banks yesterday to be more "aggressive" at investing in China's
financial services sector.
China's 1st
Offshore Windfarm To Start Ops '09
(Jan 22 2007)
Dow Jones International News
China's first offshore windfarm will go into operation in 2009 in the
Shanghai area, the Web site backed by China National Petroleum Corp.
said Tuesday.
Canadian
envoy eyes tech links
(Jan
19 2007) China Daily
China and Canada signed a Science and Technology (S&T) Cooperation
Agreement yesterday to promote more collaboration between Canadian and
Chinese reserach and development specialists.
China
delays energy target report to check data
(Jan
18 2007) Reuters News
China will delay reporting how far short it fell on official energy
efficiency targets until it has tightened up the system used to
calculate consumption, the official Xinhua agency said.
Chinese oil
firm announces oil, gas business expansion
(Jan
17 2007) BBC News
The China National Petroleum Corporation (CNPC) announced on Wednesday
[17 January] that it had expanded its oil and gas operations to 25
countries in 65 projects.
China to
become world's largest wind power producer
(Jan 16 2007)
Xinhua News Agency
China is expected to overtake Germany and the United States to become
the world's largest wind power producer by 2020, a report forecast.
S Korea to
start production in China oil field
(Jan
15 2007) Reuters News
South Korean
companies will start production at an oil field in China in the second
half of this year, Seoul's energy ministry said on Monday.
China's
CNPC annual oil and gas production up to new record
(Jan
14 2007) Agence France Presse
PetroChina, the
nation's top energy firm, said Monday its annual oil and gas production
jumped to a new record, up 5.2 percent from 2005.
Asian
leaders to explore possible fuel stockpiling
(Jan
13 2007) Reuters News
Asian countries will examine the possibility of a regional fuel
stockpile along with other possible ways of holding oil reserves,
according to the draft of a statement seen by Reuters on Saturday.
16 Asian
nations to adopt accord on boosting energy security
(Jan 12 2007)
The
Associated Press
Leaders of 16 nations from South Korea to Singapore are expected to
agree to boost Asia's energy efficiency and combat climate change by
seeking new fuel sources ...
China tells
U.S. not to meddle in its business relations with Iran
(Jan 11 2007) The Associated Press
China warned the
United States on Thursday not to meddle in its trade relations with Iran
after Washington expressed concern about a Chinese oil company's planned
investment in an Iranian gas field.
China to
Shift Crude Oil Imports Sources in 2007
(Jan 10 2007) Global Insight Daily Analysis
China has detailed a subtle shift in its import strategy for 2007.
According to reports by Reuters, amongst the adjustments that will be
made in the year to come are more purchases from Saudi Arabia and less
from Iran.
India and
China Explore Alternatives, but Too Often The Diesel Generator Rules
(Jan 09 2007) The New York Times
A toxic purple haze of diesel exhaust hangs over the rice and jute
fields here in northeastern India, and bird songs are frequently drowned
out by the chug-a-chug-a-chug of diesel generators.
Big three
spell tough times for private enterprise
(Jan 08 2007)
Aberdeen
Press & Journal
By The end of 2005, after reorganisation, there were nearly 100
qualified regional and state-owned refinery enterprises (with a
processing capacity of 800million tonnes); 800 refined oil wholesale
enterprises; ...
CNOOC and
Devon Signed New Deepwater Contracts
(Jan 06 2007)
China Chemical Reporter
China National Offshore Oil Corporation (CNOOC) has signed two
production sharing contracts (PSC) with Devon Energy Corporation (Devon,
NYSE: DVN) for deepwater blocks 64/18 and 53/30.
China, US
Must Work Together on Energy'
(Jan
05 2007) China Daily
The transfer of
energy technologies from the United States to China will help the
world's two biggest energy consumers reduce their impacts on the global
environment, a Harvard professor in Beijing said yesterday.
China Turns
Mekong Into Oil Shipping Route
(Jan 04 2006) Inter Press News Service
As energy hungry China turns the ecologically fragile Mekong river into
an oil-shipping route, green activists and environmentalists in
South-east Asia worry that spillages could destroy the livelihoods of
millions of people residing along the lower reaches of the region's
largest waterway.
Where, not
what, China buys to shape 2007 fuel oil
(Jan 03 2007)
Reuters News
The question that defines Asian fuel oil markets this year may not be
how many tonnes Chinese importers buy, but where they choose to purchase
them.
China's oil
hunt heats up abroad
(Jan 02 2007) The Wall Street Journal
China's private entrepreneurs are joining its big companies in striking
abroad to search for oil to satisfy their nation's insatiable thirst, in
the latest sign of how the world's fastest-growing major economy is
roiling energy markets.
Citic
completes Kazakh oil assets deal
(Jan
01 2007) Financial Times
Citic Group, the Chinese state investment arm, has completed a $1.9bn
deal to buy oil assets in Kazakhstan from Nations Energy, dispelling
speculation that the purchase might be blocked by Kazakh authorities.
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