All posts for China

China Will Lead Global Liquids Storage With Highest Capacity Additions and Capex to 2022, Says GlobalData

China is set to lead the global planned and announced liquid storage capacity with the highest capacity additions and capital expenditure (capex) over the next four years (2018 to 2022), says GlobalData , a leading data and analytics company. The company's latest report, ‘ Global Capacity and ...

OilVoice Press - OilVoice

Posted 10 hours agoOpinion > ChinaGlobalDataLiquids +1

China – Gazprom’s Strategic Partner

A working meeting between  Alexey Miller , Chairman of the Gazprom Management Committee, and Han Zheng , Vice-Premier of the State Council of the People's Republic of China, took place in Moscow today. The parties addressed the issues of strategic cooperation in the energy sector, reviewing, inte ...

OilVoice Press - OilVoice

Posted 10 hours agoPress > ChinaGazpromRussia +3

First Gulf Service Station in China is Open for Business

  Gulf Oil International is delighted to announce that the first Gulf-branded service station in China has been opened in Guangzhou.  In May 2018, Gulf Oil International announced that it had reached an agreement to launch a national service station network in China, with the initial 25 expect ...

OilVoice Press - OilVoice

Posted 1 day agoPress > First GulfService StationChina +1

China and Russia Remain Key Allies for Venezuela But More Financial Support Will Come at the Price of Sharing an Increasing Control of the Country’s Oil and Gas Sector, Says GlobalData

Following the recent visit of President Nicolas Maduro to China to sign cooperation agreements and seeking more financial support from the Chinese government, Adrian Lara, Senior Oil and Gas Analyst at GlobalData , a leading data and analytics company, offers his view on the impact on the ...

OilVoice Press - OilVoice

Posted 1 day agoOpinion > GlobalDataChinaRussia +5

CNOOC Limited Announces Penglai 19-3 Oilfield 1/3/8/9 Comprehensive Adjustment Project Commences Production

HONG KONG, Sept. 18, 2018 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today the Penglai 19-3 oilfield 1/3/8/9 comprehensive adjustment project has commenced production. Penglai 19-3 oilfield 1/3/8/9 comprehensive adjustment project is located in south ...

OilVoice Press - OilVoice

Posted 2 days agoPress > CNOOCChinaOilfield +6

Cooperation Between Gazprom and CNPC Gradually Evolving

A working meeting between  Alexey Miller , Chairman of the Gazprom Management Committee, and Wang Yilin, Chairman of the Board of Directors of CNPC, took place today at the 4th Eastern Economic Forum in Vladivostok. Alexey Miller Enlarged photo (JPG, 872.9 KB) Wang Yilin Enla ...

OilVoice Press - OilVoice

Posted 5 days agoPress > GazpromChina National Petroleum Corporation CNPCCNPC +2

Gazprom Neft and CNPC Join Forces to Develop Enhanced Oil Recovery Technologies

Gazprom Neft and China National Petroleum Corporation (CNPC) have entered into a technical partnership at the Eastern Economic Forum. The document was signed by Alexander Dyukov, Chairman of Gazprom Neft Management Board, and Wang Yilin, Chairman of CNPC. One of the partnership's key objectives ...

OilVoice Press - OilVoice

Posted 7 days agoPress > CNPCChina National Petroleum Corporation CNPCChina +6

Strategic Stockpiling to Support China's Crude Imports

China's strategic petroleum reserve (SPR) depot in Jinzhou officially started filling in August 2018, bringing the existing depot capacity to a total of 249.1 million barrels, according to ESAI Energy's new released China Watch report. The launch of this site suggests that Beijing is slowly progr ...

OilVoice Press - OilVoice

Posted 9 days agoOpinion > ESAIESAI EnergyChina +4

Gazprom Begins Start-Up Operations at Third Gas Production Facility of Bovanenkovskoye Field

The Gazprom  Management Committee  took note of the information about the progress of major investment projects. The Company continues to implement the extensive  Eastern Gas Program  and to build facilities associated with supplying gas to domestic consumers and to China. In particular, 119 produ ...

OilVoice Press - OilVoice

Posted 13 days agoPress > GazpromgasGas Production +11

ExxonMobil Signs Framework Agreement For Proposed Chemical Complex in China

Company is evaluating a multibillion-dollar investment in Guangdong Province Project would help meet expected chemical demand growth in China Part of company's plans to grow manufacturing capacity in the U.S. and Asia Pacific SPRING, Texas--( BUSINESS WIRE )-- ExxonMobil said today that it has ...

OilVoice Press - OilVoice

Posted 13 days agoPress > ExxonMobilExxon MobilExxon Mobil Corporation +4

Empyrean Energy PLC: Appointment of Consultants for Third-Party Independent Audit of Block 29/11, China

Appointment of Consultants for Third-Party Independent Audit of Block 29/11, China   Empyrean Energy (EME: AIM), the oil and gas development company with interests in China, Indonesia and the United States, is pleased to announce that it has engaged Gaffney, Cline & Associates (“GCA”), a global ...

OilVoice Press - OilVoice

Posted 14 days agoPress > Empyrean EnergyChinaAudit +4

Dr. Daniel Fine: Trump and Oil in Trade Geopolitics

Unlike 1973, and its oil embargo against the United States, there is no supply threat from the Middle East. Consequently, only a demand unknown moves the price of crude oil. Permian/Delaware has displaced the Middle East as a source and even Mexico imports U.S. production.  This has caused euphori ...

Will Fine

Posted 19 days agoOpinion > United StatesMiddle EastPermian +69

Iran's Crude Buyers Explore their Options

India and China are exploring ways to keep taking Iranian crude after U.S. sanctions hit in November, according to ESAI Energy's recently published Middle East Watch Crude . Iran's national tanker company, NITC, has begun insuring cargos to both countries, and rupee- and renminbi-riyal payment m ...

OilVoice Press - OilVoice

Posted 21 days agoOpinion > IranIslamic Republic of IranESAI +6

More Than 30% of Global Maritime Crude Oil Trade Moves Through the South China Sea

Source: U.S. Energy Information Administration, based on Clipper Crude Data Service and IHS EDIN Note: Click to enlarge . Total includes small flows (less than 0.1 million barrels per day) not shown on map. The South China Sea is a major trade route for crude oil, and in 2016, more than 30% ...

OilVoice Press - OilVoice

Posted 23 days agoOpinion > EIAEnergy Information Administration EIASouth China Sea +4

Global Shifts in Floating Storage Visible

Global 10-day floating inventories, excluding Europe and Africa, drew between August 13 and 20. The 10-day floating storage helps monitor congestion at ports, which is now at its lowest level since February 26 of this year. The Middle East Gulf registered a draw for the 10-day idle period and a bui ...


Posted 23 days agoOpinion > floating storageChinese Floating StorageChina +9