China, the world’s second-largest oil consumer will continue to be dependent on natural gas imports, which account for more than half of the Chinese total consumption.
read more... 28/12/2011
China aims to start its first commercial production of shale gas by 2015, according to Che Changbo, deputy director of the Ministry of Land and Resource’s oil and gas strategy center.
read more... 26/12/2011
China is focusing now on a higher natural gas –fired generation capacity as an alternative to polluting coal for power generation and as its electricity demand is growing sharply, according to Bloomberg.
read more... 23/12/2011
China's offshore oil and gas producer CNOOC reported a leak in a subsea pipeline at its Zhuhai Henggin gas processing terminal in South China's Guangdong province, prompting the halt of some platforms at the Pangyu 30-1 and Huizhou 21-1 fields.
read more... 20/12/2011
The Chinese Government announced officially its new renewable targets under the current five year plan, raising them to 15GW by 2015. The analysts consider the renewable boom should occur due to introducing in July, the national feed-in tariffs system for PV projects.
read more... 19/12/2011