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China
Shell Acquires Full Control of Chinese Gas Station Joint Venture
Royal Dutch Shell Plc has acquired full control of one of its gas station joint ventures in China as the oil major doubles down on the fuel retailing market in …
Market Analysis
US DoE Supports R&D of Net-Zero with Coal FIRST Initiative
The US Department of Energy is supporting the development of 21st-century electricity and hydrogen energy plants that have net-zero carbon emissions.
Oil Field
CNOOC Starts up Eighth Project off China in 2020
Oil and gas company CNOOC Limited has started production from the Liuhua 29-1 gas field in the South China Sea.
Wind Farm
China to Build Europe’s Biggest Onshore Wind Park in Ukraine
PowerChina agreed to construct an 800 MW wind power plant in Ukraine’s troubled Donetsk region with local partners.
EV Market
Nissan to Stop Selling ICEs in China by 2025
Nissan plans to sell only electric and hybrid cars in China from 2025.
Electric Vehicle Battery
China and Japan Ahead of Korea in EV Battery Materials
Korea’s three major electric vehicle battery makers -- LG Chem, Samsung SDI and SK Innovation -- are expanding their presence in the global EV battery market. …
Oil & Gas Trade
Russia Ranks Second by Oil Exports to China in September
Oil supplies from Russia to China increased to 1.83 mln barrels daily as of the end of September 2020.
LNG
China's CNOOC and Sinopec Issue First LNG Tenders on Shanghai Gas Exchange
China National Offshore Oil Corp and Sinopec Corp issued the first tenders to buy liquefied natural gas on the Shanghai Petroleum and Natural Gas Exchange when …
Wind Power in China
Chinese Crew Charters Cable Installation Barge
Asian company SB Submarine Systems has completed sea trials and taken delivery of a cable installation and maintenance barge for work in the Chinese offshore wi…
Crude Oil
China Starts Building $20 billion Mega Petchem Complex in Shandong Oil Hub
China started this week building a mega petrochemical and refining complex in east China’s Shandong province, four months after the $20 billion project receive…
Wind Power in China
Phase 2 of China’s First Foreign-Backed Offshore Wind Farm Enters Construction
EDF Group and China Energy Investment Corporation have kicked off the construction of the 200 MW Dongtai V offshore wind project in China.
Hydropower Plant
PowerChina ChengDu Enguneering Corporation Won Equipment Project of Wairanie River Hydropower Station in Laos
The Chengdu Institute of PowerChina Group officially signed the purchase contract of the hydroelectric generator set of the Huailanie River Hydropower Station i…
Oil & Gas Trade
China Launches Construction Of Huge $20 Billion Refinery Complex
China has launched the construction of a refinery and petrochemical complex worth US$20 billion in the Shandong province, the home of the independent Chinese re…
EV Market
China Sets Its Sights On Global EV Dominance
The world’s largest automotive market, China, is looking to become a dominant player in the rising global electric vehicle market.
Market Analysis
China Could Annually Deploy 65 GW of PV in 2021-25 Period
Liu Yiyang, deputy general secretary of the China Photovoltaic Industry Association, believes that PV development will accelerate under the nation’s 2060 carbo…
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