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Sunday, February 07, 2016

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News - China

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Chinese Gas Demand to Rise 7.3% in 2016

Demand for natural gas in China is expected to rise in 2016 mainly due to price cut initiated by the state planner. World’s second biggest economy consumed 191 billion cubic meters (bcm) of natural gas in 2015, up only 3.7 percent on year, Xinhua Finance Agency said citing a report by CNPC...

CNOOC's 2016 Output Set to Decline

CNOOC Limited on Tuesday said its net production target for 2016 is in the range of 470-485 million barrels of oil equivalent (BOE), lower than the estimated 495 million BOE production in 2015. The information was contained in the business strategy and development plan for the year 2016 that was published...

Greater Caspian Weekly Overview (on NGE)