Chinese state oil giant Sinopec is opening a major ultra-deep shale gas find after obtaining official government approval for proven geological reserves of 235.687 billion cubic meters in the Ziyang Dongfeng field in the Sichuan province.
Chinese state oil giants are back scouring the market for Russian crude, four months after halting purchases due to the U.S. sanctions on Rosneft and Lukoil, as China aims to offset losses of supply stuck in the Strait of Hormuz.
The Engineering Procurement Construction (EPC) project of Templers energy storage offshore in South Australia, contracted by China Energy Engineering Group’s Shanxi Electric Power Construction Company commenced on Friday, according to the company.
CHINESE companies won five more bids to explore Iraqi oil and gas fields, Iraq’s oil minister said on Sunday (May 12), as the Middle Eastern country’s hydrocarbon exploration licensing round continued into its second day.