Fueled by strong demand from the industrial sector amid an economic recovery and industrial decarbonization, China's liquefied natural gas imports could hit a record in 2024, company executives and experts said.
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China takes step in becoming LNG carrier global leader
The world's first fifth-generation 174,000-cubic-meter LNG vessel was named and delivered on Wednesday in Shanghai, facilitating China's transformation from an industrial follower into a leader in liquefied natural gas carrier sector, according to the Shanghai-based shipyard.
Sinopec, TotalEnergies come closer for building decarbonized energy system
TotalEnergies, a French energy major, said it will further strengthen cooperation with China Petroleum and Chemical Corp (Sinopec), in the fields of oil, liquefied natural gas, oil product trading and engineering, as both China and France are actively seeking ways to enhance energy security amid green transition.
Minmetals solidifies copper supplies with new deal
China Minmetals Corp's acquisition of a large-scale copper mine in Southern Africa's Botswana is expected to help meet enduring strong demand for the metal in China, said industry analysts.
China's coal production logs steady growth in January-July
BEIJING - China's output of raw coal went up 3.6 percent year-on-year in the first seven months of this year, official data showed.
China's natural gas output up 7.6% in July
China's natural gas output registered faster growth in July, data from the National Bureau of Statistics showed.
CNOOC reaches major FPSO rig milestone
Asia's first cylindrical floating production, storage and offloading(FPSO) facility, designed and built by China, finished hull construction on Thursday, a breakthrough in the nation's deepwater, ultra-large offshore oil and gas equipment development, said industry experts.
China's crude oil imports up 12.4% in first seven months
BEIJING - China's imports of crude oil logged steady growth in the first seven months of 2023, data from the General Administration of Customs showed.
New gold reserves discovered at largest mine
The estimated total gold reserves at the Xiling gold mine in Shandong province has risen to about 592.2 metric tons after a new discovery of more than 200 tons of the metal in the mine, according to Shandong Gold Group Co, which held a news conference on Thursday morning to announce the discovery.