News - China
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China focused coal bed methane player Green Dragon Gas has decided to divest its wholesale gas business to focus on the higher margin upstream business.
The company has planned to sell its 29% effective interest in Beijing Huayou United Gas Development Co. Ltd, the downstream wholesale gas distribution...
Far East Energy has spudded its 15th and 16th well in the 2013 drilling program in China.
Production wells 115V and 119V have reached total depth; preliminary gas content has been determined for the SYE03 appraisal well; and two more wells have been commenced since company’s last update on May 10.
The Shanxi Guoxin Energy Development Group (GEDG) and China National Petroleum Corporation (CNPC) have agreed to cooperate in exploiting and utilizing coal bed methane (CBM).
The agreement signed on May 13, aims to build on the advantages of both parties that can complement each other in the CBM...
Australia listed Triple Energy is raising approximately $1 million through share placement to finance the drilling operations at company's coal mine gas project located in Heilongjiang province in China and general working capital.
In particular it is anticipated that these supplemental...
Transport of oil and gas from Myanmar to China through the new pipeline may be delayed due to security concerns, a Myanmar energy official told Reuter last week.
Construction of the 793-km pipeline will be completed by the end of May, according to Li Zilin, vice chairman of South East Asia Gas Pipeline...
Far East Energy Corporation has spudded another well in its Shouyang coal bed methane block in Shanxi Province, China, taking the number of wells spudded in 2013 to 14.
The company also said that appraisal well SYS03 has reached total depth and preliminary gas content has been determined for...
China National Offshore Oil Company (CNOOC) will now pay a higher price for the gas being produced from BP's Tannguh project in Indonesia, Reuters reports.
The Chinese major ships about 2.6 million tonnes of liquefied natural gas (LNG) annually from Indonesia's West Papua province to China.
Under this...
China has agreed to renegotiate the sale price of Tangguh liquefied natural gas (LNG), Indonesian President Susilo Bambang Yudhoyono said.
"Chinese leaders have agreed to my proposal for renegotiation of the Tangguh LNG sale price so that Indonesia would obtain a bigger share," President Yudhoyono said...
Myanmar-China oil and gas pipelines are scheduled to become operational this year, CRI English reported quoting Gao Shuxun, vice governor of southwest China's Yunnan province. Gao on Tuesday said that the work in Chinese segment had gone well and construction in overseas sections will now speed up, CRI...
Carbon Energy has signed a Memorandum of Understanding (MOU) and a Definitive Technology Services Agreement to become the exclusive underground coal gasification (UCG) technology partner to Zhengzhou Coal Industry Group for an Inner Mongolian UCG Project.
Zhengmei Group owns the Haoqin Coal...