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Construction of Banshen 37 UGS facility started

Beijing (JLC), March 31, 2025--PetroChina Dagang Oilfield Company started drilling of Kuping 7-4 well at the Banshen 37 underground gas storage (UGS) on March 27, a market source said.

03-31-2025 15:51:46

Indonesian coal ban little impacts China's fuel demand from power sector

Guangzhou (JLC), January 5, 2022-- Indonesia's coal export halt has made little impact on China's fuel demand from power generation as China has prepared sufficient coal for this heating season and Indonesian coal accounts for a small share among China's consumption.

01-05-2022 16:51:46

China Urban-Rural to buy majority stake in Yantai LNG

Beijing (JLC), August 30, 2021--Chinese energy supplier China Urban-Rural Energy would buy a majority stake in Yantai LNG terminal project, the terminal operator said on its official WeChat platform last Thursday.

08-30-2021 16:22:02

Guangdong announces goal of urban gas consumption by 2025

Beijing (JLC), May 26, 2021--The government of China’s southern Guangdong province announces Wednesday a goal of 20 bln-cubic-meters (cbm) consumption of natural gas per year in urban areas by the end of 2025.

05-26-2021 17:07:08

China to ban heavy diesel vehicle below GB VI from July 1

Beijing (JLC), April 23, 2021--China is going to contain the heavy-duty diesel vehicles below the requirement of national sixth standard (GB VI) since July 1 this year in a bid to cut pollution.

04-23-2021 10:28:10

Shandong to lift oil and gas transport ban gradually

Beijing (JLC), February 5, 2020--Shandong will lift oil and gas transport ban gradually, according to a notice released by the Department of Transportation of Shandong province on February 4.

02-06-2020 10:05:40

Sinopec forms LNG trading JV with Russia's Novatek, Gazprombank

Sinopec has signed heads of agreement with Russia's Novatek and Gazprombank to establish a joint venture in China for selling liquefied natural gas (LNG) to local end-users, Sinopec announced.

06-11-2019 11:43:56

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

Xinjiang Dabancheng's natural gas heating benefits 8,000 people

Recently, more than 8000 people took the lead in enjoying the natural gas central heating in Dabancheng Town, Dabancheng District. The way of scattered coal-stove heating in Dabancheng District will be gradually replaced by natural gas central heating

10-26-2016 17:59:29

Otog Banner to build another large LNG plant

Reportedly, the launching ceremony of Ordos Paisi Energy Co., Ltd’s LNG Phase I Project was held in Mukai Nao’er town, Otog Banner the other day. The Phase I Project, with an annual LNG production capacity of 720,000 mt, will process 1.1 million m3 of natural gas a day.

10-20-2016 16:48:02

PetroChina will launch the crude pipeline project in Bangladesh

09-18-2016 16:31:08

Datong Gas divests retail to focus on urban pipeline natural gas

Sichuan Datong Gas Development Co., Ltd (Datong Gas) announced to possibly halt all retail businesses under its subsidiary Chengdu Hualian, marking the listed company will shift its main business from “urban pipeline natural gas and retail” to a single “urban pipeline natural gas”.

06-16-2016 10:33:04

Geo-Jade Petroleum buys Bankers with 8.2 bln yuan

On March 20th, Geo-Jade Petroleum released the announcement on acquisition on 99.99% equity of Longzhou Xinke, whose core assets are the acquisition targets of 100% equity of Canada Bankers, 51% equity of Yajiou Company and 100% equity of Ji’ao Investment.

03-21-2016 15:34:34

Shanghai under haze will launch vehicle ban with National II Standard

Shanghai under haze will launch gasoline vehicle ban with National II Standard

12-22-2015 10:42:10

America abolishes its ban on oil exports

America lifts its ban on oil exports

12-21-2015 10:13:43

RMB Cross-Border Interbank Payment System was officially implemented online

On October 8th, 2015, the I-stage China RMB Cross-Border Interbank Payment System (CIPS) was implemented online successfully by PBC,

10-10-2015 11:20:54

World Bank to lend a hand to Guoxin Energy

The coal seam gas comprehensive utilization project initiated by Shanxi Provincial Guoxin Energy Development Group Co., Ltd. (hereafter referred to as Guoxin Energy) has become one of the candidates for World Bank loan during the fiscal year from 2013 to 2015.

07-23-2015 09:42:00

2014 Annual report from Central Bank: M2 increasing expectation in 2015 is around 12%

2014 Annual report released from Central Bank on May 27th, 2015: M2 increasing expectation in 2015 is around 12%.

06-02-2015 14:42:15

Shandong teapots run rate fell to 30%, even filing for bankruptcy

Shandong teapots suffered great loss with run rate falling to 30%, and some teapots in Rizhao and Kenli filed for bankruptcy. This week crude oil price fell to $46/bbl, causing oil product and diesel price to drop further as well as downstream products.

01-22-2015 09:25:03

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