China

Oil Field

Chinese Giant Brings on Stream Two Projects in Bohai Sea

Chinese oil and gas player CNOOC Limited has kicked off production from two oilfield development projects located in the Bohai Sea off China.

Energy Storage Battery

CATL’s Revenue Hits USD 20 Bn, Full-Year Net Profit Dips to 26.28%

Amid increasing raw material cost and China’s zero-COVID policy, CATL’s net profit was down by 1.48 percentage points to 26.28%

Nuclear Fusion

How Does Nuclear Fusion Work?

It could provide us with a clean, efficient and unlimited source of energy.

Electric Car

Electric Vehicle Sales Increase Even with High Battery Prices

​This year, people around the world are lining up to buy electric vehicles even as prices increase.

Electric Car

Electric Vehicle Sales Soar Despite Rising Battery Costs

Manufacturers have passed higher prices on to consumers with double-digit increases for EVs.

Hydrogen Fuel Cell Vehicle

Nation Taps into Hydrogen Potential

​China has forged ahead to tap the potential of hydrogen in helping ensure energy security and reduce carbon emissions, according to Xie Zhenhua, the nation's …

Crude Oil

Petroecuador Begins Meetings to Renegotiate Contracts with PetroChina

Ecuador's state-owned oil company Petroecuador has started meetings to renegotiate long-term sales oil contracts with PetroChina, a process it hopes to conclude…

Nuclear Reactor

China Gives Green Light to New Nuclear Power Projects

With the future power supply growth coming mostly from nonfossil energy in China as the country is going through a green energy transition, nuclear power will b…

CNOOC

China’s Largest Producer of Offshore Oil & Gas Moves to Make Full Use of Domestic and Overseas Financing Channels

Aiming to make full use of domestic and overseas financing channels, Chinese oil and gas giant CNOOC Limited has launched an initial public offering (IPO) on Sh…

Nuclear Power Plant

Pakistan’s Karachi Nuclear Unit 3 Reaches Commercial Operation

Unit 3 of the Karachi nuclear power plant in Pakistan has reached full power operation for the first time, a milestone reached on 31 March 2022.

Energy Storage Battery

CATL Sells 900MWh of BESS to US Independent Power Producer for Texas Projects

China’s Contemporary Amperex Technology Limited (CATL) has sold 900MWh of battery energy storage system (BESS) equipment to US independent power producer (IPP)…

Oil Price

China Oil Giant CNOOC Jumps 20% in First Mainland Trading

Cnooc Ltd. jumped 20% in its first day of trading in Shanghai as mainland investors jumped at the chance for exposure to soaring oil and gas prices.

Offshore Wind Power

2022 Will Be a Record-Breaking Year for Offshore Wind Energy in Europe

In 2022, for the first time ever, Europe is set to install more than four gigawatts of offshore wind capacity in a single year.

Oil&Gas Drilling

Empyrean Ticks off ‘Major Box’ at Chinese Well

AIM-listed oil and gas exploration company Empyrean Energy has backed up its pre-drill interpretation of seismic data related to the Jade prospect well located …

Oil and Gas Equipment

Chinese Cable Supplier Hired for Major ADNOC Oil and Gas Projects

ZTT Submarine Cable & System has secured three oil and gas subsea cable supply projects with UAE’s National Petroleum Construction Company (NPCC), set to be de…