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Oil War Breaks Out with Slump on Oil Price

Oil War Breaks Out with Slump on Oil Price

  • Posted: 10/20/2014 06:10:46
  • Hits: 603

Domestic oil price is faced with six consecutive depreciation at present. This is unusual in recent years.    It is commonly regarded that drops of oil price is related to the market. Goldman Sachs insisted that as a bulk commodity, the price of oil is drove by supply-demand relation...


Suncor Energy Further Expands Business in China

Suncor Energy Further Expands Business in China

  • Posted: 10/13/2014 07:10:16
  • Hits: 680

Suncor Energy founded a branch company in Guangzhou on 9 October, 2014. This is the second step of this energy giant to seizing Chinese market after founding China headquarter in Shanghai on 9 September, 2013. Canadian Suncor Energy Petroleum Company is one of the energy giants in North America. I...


Norway Started to Supply Ukraine with Natural Gas

Norway Started to Supply Ukraine with Natural Gas

  • Posted: 10/06/2014 09:10:40
  • Hits: 544

According to news from Ukrainian media, Norway turned out to be the eventual winner of the energy dispute between Ukraine and Russia. On 3rd October, the press spokesman of Statoil ASA, the national oil company of Norway, announced that Statoil had signed a short-term agreement with the oil and ga...


Private Firms Invest in Construction of Main Gas Pipelines

Private Firms Invest in Construction of Main Gas Pipelines

  • Posted: 09/30/2014 07:09:53
  • Hits: 524

On 28 September, 2014, Inner Mongolia Transport Investment Co.,Ltd cooperated with two private corporations to build Inner Mongolia Oil and Gas Investment Co., Ltd. The new company plans to build natural gas transmission pipelines and oil transmission pipelines. Once approved, it will be the first...


China Western Cowboy City Builds Sewage Treatment Plants

China Western Cowboy City Builds Sewage Treatment Plants

  • Posted: 09/22/2014 09:09:00
  • Hits: 978

The opening ceremony of first-phase sewage treatment project in the Western Cowboy City was held on 20 September. The Western Cowboy city was located at Qianfeng district of Guang’an in Szechwan Province. Liu Jiaguo the deputy head of Qianfeng District, Tan Huchuan the superior vice-presiden...


OPEC May Cut Down Crude Production Quota in 2015

OPEC May Cut Down Crude Production Quota in 2015

  • Posted: 09/17/2014 05:09:35
  • Hits: 675

The Organization of Petroleum Exporting Countries (OPEC) stated that it might cut down the production quota of crude oil in 2015. Because of this, international oil price made a considerably rebound on 16th September.    Abdulla Salem El-Badri, the general secretary of OPEC revealed ...


China finished Layout of Transnational Gas Pipelines Net

China finished Layout of Transnational Gas Pipelines Net

  • Posted: 09/15/2014 07:09:55
  • Hits: 525

On 13th September, Chinese Chairman Xi Jinping and Tajikistan President Rakhmon jontly attended the ceremonies of several major cooperation projects between China and Tajkistan. The ceremonies includes completion ceremony of Dushanbe No.1 thermal power plant project, groundbreaking ceremony of Dus...


Japan to Build A Floating Power Generation Plant

Japan to Build A Floating Power Generation Plant

  • Posted: 09/13/2014 09:09:20
  • Hits: 592

At present, the biggest problem that Japan being faced with is to find a place staying away from earthquakes and tsunamis. The place is expected to be on the sea, with 30 miles away from the coastline.    SEVAN MARINE is a constructor of offshore oil drilling ships. It suggests to bu...


Three Gorges Generate Power at Full Capacity

Three Gorges Generate Power at Full Capacity

  • Posted: 09/09/2014 08:09:34
  • Hits: 502

With increasing inflows of Three Gorges during the flood season of Yangtze river, units of Three Gorge Station also produce growing quantity of power. According to China Yangtze Power Co., Ltd., the total power produced by Three Gorge Units reached 22,500 thousand kilowatts recently. It is the fir...