Europe and the Middle East to lead global working gas capacity additions by 2026
Among upcoming projects, the Jidong II gas storage project in China leads globally.
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CNOOC begins production from Bohai Sea oil development in China
The project is expected to have a production capacity of approximately 7,100 barrels of crude oil per day.
CNOOC net income surges to $10.50bn in the first half of 2022
In the wake of good results, the company’s board of directors has declared an interim dividend of HK$0.70 per share.
PetroChina considering options to spin off energy marketing business
PetroChina’s parent firm CNPC is seeking proposals from external consultants on the feasibility of the spin off plan.
China leads Asia’s refinery FCCU capacity
In Asia, eight countries had active refineries with a total FCCU capacity of 3,551mbd in 2021.
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China leads Asia’s refinery hydrotreater units capacity
By 2026, upcoming hydrotreater units are expected to commence operations in 40 refineries across Asia.
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Cheniere signs LNG deal with PetroChina
PetroChina International Company will receive 1.8 million tonnes per annum of LNG from Cheniere’s Corpus Christi LNG terminal.
Asia dominates global caustic soda capacity additions by 2026
In Asia, China leads with the largest capacity additions.
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