CNOOC to Add Giant New Tanks at LNG Terminal by End-2023

China National Offshore Oil Company, or CNOOC, aims to complete by the end of 2023 a project to install the worlds largest storage tanks at a liquefied natural gas (LNG) receiving terminal being built in east China, it said late on Sunday....

China Muscle Become Major Force in Global LNG Trade

Chinese firms are set to become a major trading force in the global liquefied natural gas market in coming years, thanks to liberalisations at home and recently signed long term contracts for record amounts of LNG from U.S. suppliers. Setti...

CNOOC Targets Record High Production This Decade

China National Offshore Oil Corporation (CNOOC) is planning to boost its 2022 oil and gas production by 10 percent compared to last years goal, as it plans 13 new projects to come on stream and drill 360 exploration wells this year, and con...

Russian gas exports to China reach record level

As much of Europe faces rising fuel prices, gas supplies are flowing to Russias eastern neighbor Moscow, December 28 - Neftegaz.RU. Russian energy giant Gazprom has revealed it has pumped a record daily volume of gas to China , with the wor...

China's High-Quality Development Offers Multiple Chance

According to the experts at the convention, Chinas high-quality development, which includes green energy transition, wealth redistribution, an improved medical system and domestic consumption, means opportunities for Italian companies in se...

China, Russia Make New Achievements in Strategic Coordinatio

Chinese President Xi Jinping will meet with Russian President Vladimir Putin via video link on Wednesday, another virtual conference this year following the one in June. Since the beginning of this year, China and Russia have taken the cele...