Tuesday, March 19, 2019

Sichuan News

Changing Shale Field to Boost Gas Output

China's Changning shale gas field in southwestern Sichuan province will more than double its output during the winter heating season after putting new wells into operation, China's top oil and gas group CNPC said on Wednesday.Daily output at the field, which began operating in 2015, is expected to reach

China to take action against 'uncontrolled' hydro on Yangtze

© sinitar / Adobe Stock

China's has urged local governments along the Yangtze river to survey the environmental damage done by the "uncontrolled" development of small-scale hydropower, warning that some plants could be closed, according to a government notice on Wednesday.Local…

Sinopec to Double LNG Capacity, Boost Shale Ops

File Image (CREDIT: AdobeStock / (c) Shamtor)

China's Sinopec group, parent of Sinopec Corp, aims to more than double its receiving capacity of liquefied natural gas over the next six years and lift domestic shale gas production by two thirds by 2020. The plans are part of the state energy…

Delfin Taps China for US FLNG, but Final Investment Decision 'Challenging'

(Image: Delfin LNG)

Delfin Midstream, developing the first floating facility to export U.S. natural gas, has sealed a preliminary 15-year sales deal with city gas distributor China Gas Holdings, Delfin founder and Chief Executive Officer Frederick Jones said. But industry…

China LNG Plant Reopened to Meet Winter Demand

Kunlun Energy Co Ltd has resumed or was in the process of resuming production at seven liquefied natural gas (LNG) plants, including China's largest, to meet upcoming winter demand, its parent PetroChina said on Tuesday. The biggest plant, located in Huanggang in central Hubei province…

BP, CNPC Ink Second Chinese Shale Gas Deal

BP China

BP today announced that it has signed a second production sharing contract (PSC) for shale gas exploration, development and production with China National Petroleum Corporation (CNPC). The PSC, signed on 27th July, covers an area of approximately 1…

Sinopec to Sell Gasline Unit Stake

China's Sinopec Corp said on Tuesday it would sell half of its premium natural gas pipeline business to investors, a move spurred by Beijing's reform push to boost efficiency and increase infrastructure investment in cleaner fuel. Sinopec, the country's second-largest oil and gas group…

BP, CNPC Ink BP’s Gas Production Sharing Contract

Sichuan Basin  Photo BP

BP and China National Petroleum Corporation (CNPC) today signed a production sharing contract (PSC) for shale gas exploration, development and production in the Neijiang-Dazu block in the Sichuan Basin, China. Witnessed by BP Group Chief Executive Bob Dudley and CNPC Chairman Wang Yilin…

Canada's Liard Basin Among World's Biggest Shale Gas Plays

Northwest Canada's remote Liard Basin is the world's ninth largest shale gas resource, according to a new assessment released by Canadian regulators on Wednesday, although it may take years to develop given depressed global energy prices. The basin…

Chevron Hits First Gas with Chuandongbei

The Nanba gas processing plant at the Chuandongbei Project. (Photo Business Wire)

Chevron Corporation announced today that its fully-owned subsidiary Unocal East China Sea, Ltd. began natural gas production from the first stage of the Chuandongbei Project in southwest China. Chuandongbei is one of the largest onshore gas projects…

PetroChina-Chevron Sour Gas Project Begins Production

PetroChina and Chevron began production at an onshore natural gas field in China's southwest at the end of 2015, PetroChina's parent said on Monday, after years of delays. The Luojiazhai field, whose 'A' well began operating on Dec. 30, has an annual production capacity of 3 billion cubic metres of gas…

Kenya Coal Power Plant Delayed

A plan to start building Kenya's first coal-fired power plant in October has been delayed as the consortium involved awaits a government plan to resettle people on the coastal site, the group's chief executive said on Monday. The Kenyan and Chinese venture plans to build the 1…

China August natural gas output up 6.0 pct y/y

China's natural gas production rose 6.0 percent in August from a year earlier to 10.4 billion cubic metres (bcm), data from the National Bureau of Statistics showed on Sunday. For the first eight months of the year, gas output grew 3.0 percent over the same period a year earlier to 83.5 bcm…

SunPower, Apple to Build Solar Projects in China

Solar panel maker SunPower Corp said it would partner with Apple Inc to build two solar power projects in China's Sichuan province with total capacity of 40 megawatts. The projects, when complete, will be co-owned by Apple and Sichuan Shengtian New Energy Development Co Ltd…

Sinopec to Up Winter Gas supply, PetroChina Boosts Imports

Sinopec to hike nat gas supply to domestic users November-March. China's Sinopec Corp plans to supply 11 percent more natural gas to domestic users between November and March, versus year-ago levels, while PetroChina has boosted gas imports to meet…

Argentina: The Most Attractive Shale Play Outside US

Cristina Fernandez, president of Argentina, is the sort of populist political leader financial markets love to hate. For business interests and the media, she has become an archetypal villain, a symbol of everything that has gone wrong with the country's economy over the last century.

Tanzania: China-Funded Port Work Starts in 2015

Construction of a Chinese-funded port and special economic zone in Tanzania worth at least $10 billion will start in July 2015, the president's office said in a statement on Monday, for the first time setting a start date for the delayed initiative.

Tanzania to Start $3b Mining/Power Project in 2015

Tanzania will start construction next year of a long-planned $3 billion coal and iron ore mine and a 600-megawatt coal-fired power plant, a spokesman for the state development agency said on Thursday. The projects, on a site some 900 km (540 miles) southwest of commercial capital Dar es Salaam…

Kenyan Consortium to Build 1,000-MW Coal Plant

A consortium led by two Kenyan firms won a government tender to build a 1,000-MW, coal-fired power plant, company officials said on Tuesday, part of moves to satisfy rising demand for energy in East Africa's biggest economy. Kenya suffers from regular blackouts due to supply shortfalls and an aging grid…

NDRC: China Provinces Will Meet 2015 Energy Targets

Most of China's provinces are ahead of schedule or on track to meet 2015 energy savings targets, the government said on Friday, with Beijing and Shanghai among the frontrunners as the world's No.2 economy seeks to reduce its impact on the environment.