china

China Moving to Boost Natural Gas Production as Imports Rise, Says EIA

China Moving to Boost Natural Gas Production as Imports Rise, Says EIA

The Chinese government has boosted subsidy programs to increase domestic production of natural gas in an effort to stifle rising imports, according to the U.S. Energy Information Administration (EIA).

October 23, 2019

Five U.S. LNG Export Projects Eyed for Sanctioning in 2020

Only two natural gas export projects have been sanctioned year-to-date in the United States, but there could be more than double that number in 2020, according to one of the nation’s experts.

October 14, 2019

Sempra Inks LNG MOU with China Operator, Sells Peru Assets for $3.59B

Sempra Energy on Monday said its liquefied natural gas (LNG) unit has a memorandum of understanding with a Chinese operator to provide supply for the country’s power generation sector.

October 1, 2019
Global LNG Investment Hits New Record of $50B, Says IEA

Global LNG Investment Hits New Record of $50B, Says IEA

Japan’s Minister of Economy, Trade and Industry (METI) Isshu Sugawara said Thursday $10 billion would be invested in liquefied natural gas (LNG) projects worldwide by the country’s private and public sectors.

September 26, 2019
China Facing Headwinds in Goal to Double Natural Gas Output

China Facing Headwinds in Goal to Double Natural Gas Output

China is forecast by some prognosticators to become the world’s third largest natural gas producer by 2027 but imports still could increase because of lower shale and coalbed methane (CBM) production.

September 6, 2019
China Retaliates with More Tariffs, Including on Imported U.S. Oil

China Retaliates with More Tariffs, Including on Imported U.S. Oil

China announced on Friday it plans to impose tariffs beginning Sept. 1 on $75 billion worth of U.S. goods, including domestic oil, in response to rising taxes set to be imposed by the Trump administration.

August 23, 2019
Latest Rig Count Piles on More Bad News for U.S. Oil Patch as Tariff War Escalates

Latest Rig Count Piles on More Bad News for U.S. Oil Patch as Tariff War Escalates

The same day that an escalation in U.S.-China trade tensions sent crude prices tumbling, Baker Hughes, a GE Company (BHGE) released updated rig numbers Friday showing a sizeable slowdown in the domestic onshore oil patch.

August 23, 2019
China’s Shenzhen Gas Ramping Up LNG Import Terminal

China’s Shenzhen Gas Ramping Up LNG Import Terminal

China’s city-gas distributor Shenzhen Gas is planning to begin importing natural gas this week at the Yantian port in Shenzhen through subsidiary Sino-Benny.

August 19, 2019
Novatek Finalizes Arctic LNG 2 Project

Novatek Finalizes Arctic LNG 2 Project

Russia’s largest independent natural gas producer Novatek has completed the sale of its remaining stakes in the Arctic 2 liquefied natural gas (LNG) project to two Chinese companies and a Japanese consortium.

July 25, 2019
China’s Top Producers Ramp Up Unconventional Natural Gas Volumes

China’s Top Producers Ramp Up Unconventional Natural Gas Volumes

China’s two largest exploration and production companies increased natural gas volumes in the first half of the year, in line with a government mandate to offset coal use.

July 23, 2019