Central & SE Asia / Australasia

Country summary: China

energy-pedia opportunities - China:
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China - recent news

22 Jul 14 China provides $4 billion to Venezuela in exchange for oil
China will provide Venezuela with a new $4 billion credit line under an agreement signed on Monday, with the money to be repaid by oil shipments from OPEC member Venezuela.
18 Jul 14 China: Sinopec's Fuling verified as China's first large shale gas play
The Chinese government has verified shale gas reserves in Sinopec Corp's Fuling field in the southwest of the country, signalling the official launch of the commercial development of China's first large shale gas field.
16 Jul 14 China studies floating gas plants for South China Sea
Chinese energy giant CNOOC Group is studying the possibility of building a multi-billion-dollar floating liquefied natural gas (FLNG) vessel, as-yet untried technology that would likely be used to produce gas from the deep waters of the South China Sea.
16 Jul 14 China: CNPC reports oil and gas shows at well in disputed waters in South China Sea
A Chinese oil rig has finished drilling near the disputed Paracel islands in the South China Sea after finding signs of oil and gas, China National Petroleum Corp (CNPC) said on Wednesday.
15 Jul 14 China: Sino Gas & Energy announces significant flow rate on the first horizontal well of the Linxing PSC in the Ordos Basin
Sino Gas & Energy Holdings has announced that a gas flow rate of approx. five million standard cubic feet (MMscf) per day has been achieved on the first horizontal well of the Linxing Production Sharing Contract (PSC) in the Ordos Basin, Shanxi Province, China.

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