China consumed a total of 1089.07 tons of gold in 2017, up nearly 10% from a year ago, according to statistics released by the China Gold Association (CGA) on Feb. 1.
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ADNOC bullish on China demand
Abu Dhabi National Oil Co, the state-owned oil company of the United Arab Emirates, said on Wednesday that China's growing demand for crude remained integral to its long-term growth strategy.
Oil piped from Myanmar to China hits 3.9m tons in 2017
The China-Myanmar crude oil pipeline carried 3.87 million tons of crude oil into China last year, customs authorities in southwest China's Yunnan province said Friday.
Meanwhile, China imported 2.52 million tons of natural gas through a second pipeline linking the two countries, said Kunming Customs.
China's coal hub Shanxi adds 10 bln tonnes of coal reserves
North China's coal-rich Shanxi Province has added nearly 10.5 billion tonnes of newly discovered coal reserves over the past five years, local authorities said Saturday.
Shanxi produced more than 16.2 billion tonnes of coal from 1949 to 2014, accounting for one-quarter of the total coal output across the country, said the provincial land and resources department.
Mongolia ready to cooperate with China on Tavan Tolgoi coal deposit
Mongolian Prime Minister Ukhnaa Hurelsukh said Wednesday that his government is willing to cooperate with China on its Tavan Tolgoi coking coal mine.
UK company to build graphene factory in China
China and the United Kingdom may soon provide the biggest capacity in the world for graphene, following an agreement to manufacture it in Eastern China.
UK-based advanced materials engineering company Versarien and partners in China have struck a deal to build the graphene factory in Jinan, in East China's Shandong province.
China's state-owned coal firms target 12.65 mt of coal capacity cuts: xinhua
China’s central government-owned enterprises will target coal capacity cuts of 12.65 million tonnes in 2018, the official Xinhua news agency reported on Monday.
The Xinhua report came after a meeting of the heads of companies controlled by China’s state-owned Assets Supervision and Administration Commission. (Reporting by Tom Daly; Editing by Mark Potter)
PetroChina Singapore arm to boost oil units in Asia-Pacific
PetroChina International (Singapore) Pte Ltd is planning to become the leading oil and gas operation center in the Asia-Pacific region by the end of the 13th Five-Year Plan (2016-20), with trade volume reaching 200 million metric tons by 2020.
Taking advantage of the Belt and Road Initiative, the company has decided to speed up construction of its sales network in Singapore, including petrol stations and oil storage.
38.7b cubic meters of gas piped to China from Central Asia
About 38.7 billion cubic meters (bcm) of natural gas was piped from Central Asia to China through a major energy project last year, the project operator said Friday.
The amount represents a 13.4 percent annual increase as China imported more to meet rising demand for clean energy.