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Bohai Oilfield to increase oil and gas output to 40 mln mt in 2025

Shandong (JLC), May 23, 2025--CNOOC aimed to raise the oil and natural gas production of its Bohai Oilfield to 40 million mt (mln mt) in 2025, the company announced on May 21.

05-23-2025 15:54:03

Chinese buyers increased LNG imports on lower spot prices

Beijing (JLC), February 29, 2024--Chinese buyers increased LNG imports amid the continued decline in spot prices. JLC research indicated.

02-29-2024 15:46:42

China Apr LPG imports and exports increase MoM

05-25-2023 14:20:32

LNG prices in China's Shandong, Henan drop amid increased supply

Beijing (JLC), December 1, 2021--Ex-plant LNG prices weakened in China’s Shandong and Henan provinces at the end of November, as some local LNG storage facilities started winter supply, fueling market concerns over supply surplus.

12-01-2021 15:52:58

China increases natural gas supply for this winter heating season

Beijing (JLC), November 17, 2021--China’s natural gas supply has surpassed 1 bln cubic meters (cbm) per day since November 7, rising by around 100 mln cbm/d from the same period of last year, according to a press release held by China’s top economic planner on Tuesday.

11-17-2021 17:19:25

PetroChina increases investment in low-carbon projects

Beijing (JLC), May 27, 2021--PetroChina published its corporate social responsibility report on May 20, which showed that it speeded up investment in low-carbon projects.

05-27-2021 08:42:56

NW China LNG prices plummet amid increased output

Beijing (JLC), January 20, 2021--LNG prices in Northwest China fell sharply since January 14, 2021 due to the increase of supply, JLC research showed.

01-20-2021 11:42:42

Shanxi's CBM prices fall due to a sharp increase in supply

Shanxi's CBM (Coalbed Methane) prices fell twice in a row due to the production resumption of JinchengHuagang and fierce market competition.

08-27-2020 13:46:53

China’s apparent gas consumption increases in Jan-Jun

Beijing (JLC), July 28, 2020--China’s apparent natural gas consumption in the first half (H1) rose from a year earlier, despite the fact that the year-on-year growth slowed because of the coronavirus outbreak.

07-28-2020 17:13:32

Trucked LNG sales at Dalian receiving terminal increase substantially in Nov-Dec

Beijing (JLC), January 2, 2020-- With the rapid increase of natural gas consumption in Northeast China, trucked LNG sales volume at Dalian LNG receiving terminal in November and December 2019 greatly increased compared with the same period in 2018, JLC data shows

01-02-2020 17:35:52

CNOOC to increase gas supply in N China in heating season

Beijing (JLC), November 12, 2019--CNOOC Tianjin LNG terminal will rent floating storage regasification unit (FSRU) in winter to ensure the natural gas supply in heating season, domestic media reported.

11-12-2019 14:25:37

China' s natural gas output increase slows, crude speeds up

Beijing (JLC), August 15, 2019--China produced 13.9 billion cubic meters (bcm) of natural gas in July 2019 and 16.29 million mt of crude in July 2019, up 6.1% and 2.5% year on year, respectively, data from the National Bureau of Statistics (NBS) shows.

08-20-2019 17:55:01

Zhoushan's cargo throughput sets a new high in June amid increases in oil, gas

Beijing (JLC), July, 11, 2019--The cargo throughput in Zhoushan port reached 59.0875 million mt in June, rising 21.49% year on year (YoY), due to an increase in oil and gas, market source said.

07-11-2019 11:33:03

Global natural gas market booms on increased Chinese demand

According to Financial Times’ report, the annual analysis report released by BP on June 13th said that global natural gas industry recorded the fastest growth last year since the financial crisis in 2008, mainly due to the demand increase in China.

06-14-2018 16:20:59

China’s PNG imports from Turkmenistan increases

Up to December 27th, 2017, Turkmenistan had delivered 100 million cubic meters of natural gas to China, up 30 million cubic meters from the previous period when natural gas supply from Turkmenistan to China decreased.

01-11-2018 16:32:30

LNG price plunged amid increased supply and decreased demand

Recently, LNG price plunged from over CNY10,000/mt to CNY7,000-8,000/mt, down by CNY1,500-2,000/mt.

12-26-2017 14:15:04

Imported LPG demand in December 2017 increased

Imported LPG demand increased in winter. Gross profit of importers in early and middle December averaged above CNY200/mt.

12-25-2017 14:36:04

LNG demand increases amid “shifting from burning coal to burning gas”

Natural gas demand increased amid rapid development of “shifting from burning coal to burning gas” in 2017. As it takes time to build natural gas pipelines, most companies chose burning LNG to replace coal, which drove LNG consumption to mount significantly.

11-22-2017 18:04:46

A surge of China crude oil import reflects the oil product export increase

In March China crude oil imports went up sharply by 22.6% over February to 38.95 million mt, about 9.17 million barrels per day which was far higher than the previous historical record high 8.57 million barrels per day in December 2016.

04-20-2017 17:11:39

MTBE imports and exports increased to 431,000 mt and 3,600 mt respectively in January 2017

In January, international crude oil futures price kept range vibration and the oil product retail price was lifted once, while the delivery of blended gasoline was flat.

03-02-2017 15:18:30

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