SinoCanada, a subsidiary of Sinopec International Petroleum Exploration and Development Corporation, and Canada-based Synenco Energy Inc announced on May 31 that they have inked a series of agreements to launch a join...SinoCanada, a subsidiary of Sinopec International Petroleum Exploration and Development Corporation, and Canada-based Synenco Energy Inc announced on May 31 that they have inked a series of agreements to launch a joint venture for common development of the oil sand project located in Athabasca region of Northeast Canada's Alberta Province. Based on the agreements, Sinopec will pay 105 million Canadian dollars (USS84 million) for a stake in Canada's Northern Lights oil sands project while Synenco owns the remaining 60 percent share, and will operate the project as the managing partner.展开更多
With the development of Chinese economy at high speed continuously for a decade,the oil consumption has entered into a fast increasing phase that with yearly average increase rate of 7.1%.
The energy issue is a common concern for all countries in the world and also a challenge to China and Chinese government attaches great importance to the issue. China's demand for energy rises steadily with its fast ...The energy issue is a common concern for all countries in the world and also a challenge to China and Chinese government attaches great importance to the issue. China's demand for energy rises steadily with its fast econornic growth. In face of energy resources shortages. China has to implement a twofold strategy on the energy issue: strenuously consolidating domestic resources construction, and rigorously enforcing energy-saving by improving public awareness of energy conservation.展开更多
The first domestic ERWФ610 high-frequency straight-seam steel pipe production line was built in Shanghai Zhongyou TIPO Steel Pipe Co Ltd recently. This steel pipe production line initiated inside China has drawn the ...The first domestic ERWФ610 high-frequency straight-seam steel pipe production line was built in Shanghai Zhongyou TIPO Steel Pipe Co Ltd recently. This steel pipe production line initiated inside China has drawn the attention from many enterprises including PetroChina and CNOOC. It is known that the first batch of products have been transported to the construction site of the West-East Gas Transmission Project.展开更多
PetroChina and the Central Asia Oil Company Ltd signed a contract of oil development and production for Block 413 in Songliao Basin in Beijing on July 16. This is the first oil development and production contract sign...PetroChina and the Central Asia Oil Company Ltd signed a contract of oil development and production for Block 413 in Songliao Basin in Beijing on July 16. This is the first oil development and production contract signed by PetroChina for external cooperation this year.展开更多
文摘SinoCanada, a subsidiary of Sinopec International Petroleum Exploration and Development Corporation, and Canada-based Synenco Energy Inc announced on May 31 that they have inked a series of agreements to launch a joint venture for common development of the oil sand project located in Athabasca region of Northeast Canada's Alberta Province. Based on the agreements, Sinopec will pay 105 million Canadian dollars (USS84 million) for a stake in Canada's Northern Lights oil sands project while Synenco owns the remaining 60 percent share, and will operate the project as the managing partner.
文摘With the development of Chinese economy at high speed continuously for a decade,the oil consumption has entered into a fast increasing phase that with yearly average increase rate of 7.1%.
文摘The energy issue is a common concern for all countries in the world and also a challenge to China and Chinese government attaches great importance to the issue. China's demand for energy rises steadily with its fast econornic growth. In face of energy resources shortages. China has to implement a twofold strategy on the energy issue: strenuously consolidating domestic resources construction, and rigorously enforcing energy-saving by improving public awareness of energy conservation.
文摘The first domestic ERWФ610 high-frequency straight-seam steel pipe production line was built in Shanghai Zhongyou TIPO Steel Pipe Co Ltd recently. This steel pipe production line initiated inside China has drawn the attention from many enterprises including PetroChina and CNOOC. It is known that the first batch of products have been transported to the construction site of the West-East Gas Transmission Project.
文摘PetroChina and the Central Asia Oil Company Ltd signed a contract of oil development and production for Block 413 in Songliao Basin in Beijing on July 16. This is the first oil development and production contract signed by PetroChina for external cooperation this year.