September 30, 2015 Source: U.S. Energy Information Administration; Advanced Resources International Inc. (ARI); China National Petroleum Corporation’s (CNPC) Economics and Technology Research Institute; Sinopec; and Platts Note: Component cost is based on EIA/ARI component-based cost model and assumes average well depth of 11,500 feet, with 4,000 feet of horizontal drilling. 2013 cost data are based […]
Tag Archives: China
interview Khartoum — The Sudanese Minister of Petroleum and Gas, Mohamed Zayed Awad, said that Sudan managed to indigenize the oil industry due to the mutually beneficial cooperation with China. Both countries developed a working model which can be followed during their 20 years of cooperation in the oil industry based on mutual respect and […]
September 17, 2015 Source: U.S. Energy Information Administration, China National Bureau of Statistics (NBS) Economic deceleration, industry restructuring, and new energy and environmental policies have slowed the growth of coal consumption in China and are also driving more centralized and cleaner uses of coal. After nearly a decade of rapid growth, energy-based consumption of coal, […]
September 16, 2015 Source: U.S. Energy Information Administration, China National Bureau of Statistics (NBS)Note: Revised data from or implied by China Statistical Abstract 2015; previously reported data from China Statistical Yearbook 2014. The values for coal reflect its lower heating value. New preliminary data from the China Statistical Abstract 2015 (CSA2015) show an upward revision […]
July 20, 2015 Source: U.S. Energy Information Administration, International Atomic Energy Agency, World Nuclear Association Nuclear power currently makes up slightly more than 2% of China’s total power generation. However, the Chinese government has a stated goal to provide at least 15% of overall energy consumption by 2020 (increasing to 20% by 2030) from non-fossil […]
June 26, 2015 Source: U.S. Energy Information Administration and Advanced Resources International, Inc., World Shale Gas and Shale Oil Resource Assessment As recently as last year, only of either natural gas from shale formations (shale gas) or crude oil from tight formations (tight oil): the United States and Canada, and more recently, Argentina and China. […]
By Malawi News Agency The Governments of Malawi and the Peoples Republic of China on Friday signed an agreement for the provision of mobile solar power systems worth about K5 billion (US$ 10 million) to be used in the health sector in the country. Speaking during the signing ceremony at the Ministry of Finance in […]
Luanda — A U.S 2.0 billion credit will be granted by the China Development Bank to the Angolan Oil Company (Sonangol E.P) to boost its expansion projects in the oil and gas segments. The information is contained in a Sonangol’s press release that reached Angop on Friday. According to the source, the granting of the […]
MR Liu Kan, the Consul-General of the Consulate General of People’s Republic of China in Lagos, on Thursday expressed his country’s growing interest in Nigeria’s oil and gas industry. Liu told the News Agency of Nigeria (NAN) in Lagos that China would also depend on Nigeria to satisfy the demand of her increasing population for […]
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The recent agreement between Russia and China for the sale of some 38 billion cu m of natural gas a year for 30 years, at a reported price of $ 400 billion ends a long-going negotiation between the two countries over the price of that supply. (Which works out at roughly $ 10 a thousand […]
