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CNOOC and ENGIE complete CNY-settled LNG trade

Beijing (JLC), October 18, 2023--China’s oil giant CNOOC and French energy company ENGIE completed a CNY-settled LNG deal through the Shanghai Petroleum and Natural Gas Exchange (SHPGX) on October 17,

10-18-2023 17:53:53

CNOOC sells LNG to Pavilion Energy in CNY via SHPGX

Guangzhou (JLC), August 24, 2023 – CNOOC and Pavilion Energy, a wholly-owned subsidiary of Singapore-based Temasek, reached a CNY-settled LNG deal via Shanghai Petroleum and Natural Gas Exchange.

08-24-2023 17:26:23

CNOOC takes delivery of China’s first CNY-settled LNG cargo

Guangzhou (JLC), May 17, 2023 – The LNG carrier “MARWEH”, carrying 65,000 mt LNG from the United Arab Emirates (UAE), has finished unloading at CNOOC’s Guangdong Dapeng LNG Terminal on May 16.

05-17-2023 15:22:18

China completes another CNY-settled LNG deal

Guangzhou (JLC), May 4, 2023 – PetroChina International and ADNOC Trading had completed an offshore CNY-settled LNG deal on April 14.

05-04-2023 15:38:01

CNOOC completes first CNY-settled LNG trade

Beijing (JLC), March 29, 2023--China’s energy giant CNOOC and France's TotalEnergies completed China's first CNY-settled LNG trade through the Shanghai Petroleum and Natural Gas Exchange (SHPGX) on Ma

03-29-2023 16:08:47

Guangdong to invest CNY8 billion in gas pipeline construction

Beijing (JLC), June 2, 2021--Guangdong people's government confirmed that it will invest CNY8 billion in the construction of natural gas trunk pipeline network.

06-02-2021 15:00:46

Bank of Communications and China Gas establish CNY10 billion fund

Bank of Communications and China Gas signed agreement in Shanghai to establish China Gas & Bank of Communications (Shenzhen) Clean Energy Equity Investment Fund (short as “China Gas & Bank of Communication Fund).

06-21-2017 11:32:49

CNY5 million was used to promote new-energy buses in Anqiu City, Shandong Province

To expand application of new energy in public service sector, popularize clean-energy buses, protect environment and save energy, Department of Finance of Shandong Province and Department of Transportation of Shandong Province issued polices on subsidizing energy-saving and new energy buses.

06-20-2017 17:49:14

794 new energy buses in Weifang City get CNY100 million subsidy

It was learned from financial authority and transportation authority of Weifang City that it had gotten CNY109.05 million subsidies from energy saving and new energy city bus pilot project for 794 buses.

06-20-2017 09:43:25

Processing profits of Oman crude oil of Shandong teapots rose to CNY236/mt

The transaction price of light marine crude (density: 0.88-0.90) at Shandong market was CNY3,700/mt and the theoretical processing light marine crude profits of teapots were CNY–95/mt, increasing by CNY136/mt WoW.

04-12-2017 08:42:43

Processing light marine crude profits of teapots fell to CNY–231/mt

This week, the settlement price of light marine crude (density: 0.88-0.90) at Shandong market dropped CNY50/mt to CNY3,700/mt on March 29th, and the theoretical processing profits of teapots were CNY–231/mt, dropping CNY90/mt on week.

03-30-2017 17:06:49

Coking refining margins of Shandong teapots dropped to CNY226/mt

The settlement price of light marine crude (density: 0.88-0.90) at Shandong market was CNY3,750/mt without change compared to the price on March 22th, and the theoretical processingprofits of teapots were CNY-141/mt.

03-29-2017 17:57:03

Asphalt price to be steady in April and May after rising CNY300/mt

As for the domestic asphalt market, after the Spring Festival, the asphalt price in Northern China gained CNY300-500/mt, due to the positive purchase for storing, strong crude futures, market investment rising, import volume reduction of asphalt and other factors.

03-28-2017 17:05:16

China coke price drops to CNY1,600/mt in mid-February

According to the data from the Market Price Change in Mid-February, 2017 for Important Production Material in Circulation Field issued by the National Bureau of Statistics (NBS) on February 24th, domestic second-level metallurgical coke price was quoted at CNY1,580/mt

02-24-2017 17:44:37

Fuzhou to cut residential pipeline gas prices, household will save CNY88.32 per year

A hearing about Fuzhou city residential pipeline natural gas price and the linkage of gas terminal sales price and upstream sales price was held on September 13th. 17 people that participated in the hearing, were in favor of the price reduction and linkage with the upstream price.

09-20-2016 15:11:26

PetroChina net profits slid by 97.9% YoY; CNOOC net loss to CNY7.74 bln in H1

On August 24th, PetroChina and CNOOC both released the semi-annual report. As the oil and gas prices declined continuously, PetroChina net profits sharply slumped by 97.9% on a yearly basis, and CNOOC suffered a net loss.

08-25-2016 18:05:27

Teapots Oman crude refining saw losses of CNY87/mt

This week, based on the settlement at CNY2,600/mt of light marine crude (density: 0.88-0.90) at Shandong market on August 17th, the theoretical processing profits of Shandong teapots suffered losses of CNY160/mt, and the bullish products supported the incomes.

08-19-2016 08:54:40

Fangchenggang residential PNG price down to CNY3.21/cbm

Recently, according to the Fangchenggang City Price Bureau, from August 16th, Fangchenggang City cuts PNG terminal sales price overall.

08-17-2016 17:09:50

Teapots marine crude refining profits slid to -CNY117/mt

This week, based on the settlement at CNY2,700/mt of light marine crude (density: 0.88-0.90) at Shandong market on July 27th, the theoretical processing loss of Shandong teapots settled at CNY117/mt.

07-28-2016 10:16:32

NBS: China coal mining & dressing sector generates CNY9.79 bln profits in Jan-Jun

　The coal mining & dressing sector made a total profit of CNY9.79 billion in the first six months, down by 38.5% on the year, with the year decline narrowing down by 34.9 percentage points from in the first five months.

07-27-2016 16:50:50

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