China Energy News - page 9


Chinese Survey Ship Leaves Malaysian Waters After Standoff

May 15, 2020

A Chinese survey ship that had been involved in a month-long standoff with a Malaysian oil exploration vessel in the South China Sea has left Malaysia’s exclusive economic zone (EEZ), shipping data showed on Friday.Since mid-April, the Haiyang Dizhi 8 had been surveying in the EEZ…

VIDEO: SBM Offshore's Liza Unity FPSO Moves to Dry Dock

May 15, 2020

SBM Offshore, the Netherlands-based FPSO supplier, has shared a video of its Liza Unity FPSO Hull going into the dry dock in Singapore.The hull was ordered on speculation in 2017 as the first of what are now five hulls being built as part of SBM Offshore's Fast4Ward standardized-FPSO-hull program…

SWS Shipyard Delivers Two Platform Suppliers for COSL

May 11, 2020

Shanghai-based SWS shipyard has delivered two newbuild platform supply vessels to Sinoocean.The vessels the 'Guo Hai Min Xing' and the 'Guo Hai Min Sheng' -  both of the ULSTEIN PX121 design - are operating for COSL – China Oilfield Services Limited…

Sinopec's Largest Petrochemical Port Starts Operations with VLCC Arrival

May 11, 2020

China's energy and chemical giant Sinopec has said it has put China's largest petrochemical port into operation with the successful docking and unloading of the New Renown, a very large crude carrier (VLCC) from the Middle East. The tanker was welcomed at the new 300…

SWS Delivers Newbuild Jack-Up Rig to Northern Offshore

May 08, 2020

China's Shanghai Waigaoqiao Shipbuilding has this month delivered the newbuild jack-up Energy Edge to its owner Northern Offshore.The delivery of the CJ-50 design jack-up drilling unit took place in Shanghai on May 2.According to previous reports…

China's Crude Oil Imports Rebound in April

May 07, 2020

China's crude oil imports rebounded in April from a month earlier on daily basis as refiners ramped up output amid a recovery in fuel demand with the impact of the coronavirus outbreak easing while crude prices crashed on slumping consumption elsewhere…

China's Daily Crude Oil Imports Rebound in April

May 07, 2020

China's crude oil imports rebounded in April from a month earlier on daily basis as refiners ramped up output amid a recovery in fuel demand with the impact of the coronavirus outbreak easing while crude prices crashed on slumping consumption elsewhere…

Wison Offshore & Marine's LNG Carrier Design Gets DNV GL AiP

May 07, 2020

China's Wison Offshore & Marine's 200K LNG Carrier (“200K-LNGC”) design has received Approval in Principle from DNV GL.Wison Offshore & Marine said its design offers 'an enhanced cargo capacity and greater efficiency.'Wison’s 200K LNGC with an overall length of 300 meters holds 200…

Sinopec Records First Quarterly Loss Since at Least Q4 2015

Apr 29, 2020

China Petroleum & Chemical Corp (Sinopec) recorded a 19.15 billion yuan ($2.71 billion) net loss in first-quarter earnings, as the coronavirus pandemic walloped fuel consumption and led to collapsing oil prices.It was the first quarterly loss…

CNOOC Cuts 2020 Output, Spending Plans

Apr 29, 2020

CNOOC Ltd on Wednesday lowered its 2020 oil and gas production and capital spending, China's state offshore oil and gas producer said.It cut its capital spending target by 10 billion yuan ($1.41 billion) to a range of 75-85 billion, CNOOC said…

Malaysia Calls for Peaceful End to South China Sea Standoff

Apr 23, 2020

Malaysia called on Thursday for disputes over the South China Sea to be resolved by peaceful means, amid a standoff between Chinese and Malaysian vessels that a U.S. think tank said had been going on for months.U.S. and Australian warships arrived…

Qatar Books Chinese Shipyard Capacity in LNG Carrier Fleet Expansion Push

Apr 22, 2020

Qatari state-owned oil and gas company Qatar Petroleum has signed a deal to reserve LNG ship construction capacity in China in a deal potentially worth more than $3 billion.QP said that the reserved LNG carrier construction capacity would be used for QP’s future LNG carrier fleet requirements…

Australia Joins U.S. Ships in South China Sea Amid Rising Tension

Apr 22, 2020

An Australian frigate has joined three U.S. warships in the South China Sea near an area where a Chinese vessel is suspected to be exploring for oil, near waters also claimed by Vietnam and Malaysia, officials said on Wednesday.The warships…

Two U.S. Warships in South China Sea Amid China-Malaysia Standoff

Apr 21, 2020

Two U.S. warships are operating in the South China Sea, the Navy said on Tuesday, with three regional security sources saying they were near an area of a standoff between China and Malaysia.The Haiyang Dizhi 8, a Chinese government research ship…

LNG Tanker to Discharge First US Cargo in China in 13 Months

Apr 20, 2020

The tanker Maran Gas Vergina has arrived in China with the first delivery of U.S. liquefied natural gas (LNG) in 13 months, shipping data showed on Monday.This is the first shipment since March 2019 after a long-standing trade war in which China…

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