CNPC Praises Good Cooperation in Indonesia''s Energy
Arifin said that Indonesia and China have a good foundation for cooperation in areas such as energy and mineral resources, and have achieved mutual benefit, win-win results and common development. At present, the
Advancing PetroChina’s Development
Group energy storage, interference, and deflection fracturing are promoted, synchronous and asynchronous huff and puff modes and technical policies are optimized, and the synergistic energy supplement effect of
Reform is in the Pipelines: PipeChina and the Restructuring of
Specifically, PetroChina will transfer its major oil and natural gas pipelines and some of its oil and gas storage facilities and LNG import terminals. Sinopec Corp. will transfer
PetroChina''s 2024 Business Strategy: Navigating the Energy
In 2024, PetroChina, one of the world''s largest oil and gas companies, stands at a pivotal point in its history. As a key player in China''s energy sector and a subsidiary of the state-owned China
PetroChina in talks for Fujairah oil storage-sources | Reuters
DUBAI, March 21 (Reuters) - Chinese oil major PetroChina <0857.HK> is in talks with the government of Fujairah to build oil storage facilities at the Fujairah port, industry and port
Petrochina Brings on Stream China''s Largest Gas
China''s upstream giant PetroChina has brought on stream the country''s largest gas condensate field, Bozidabei, in northwestern China''s Tarim basin.The production start-up marks a major milestone in China''s pursuit f
China OKs Major Solar-to-Hydrogen Project, Contractor Selected
July 20, 2023 [Upstream]- China''s largest onshore oil and gas operator PetroChina has won government approval to build a major solar-to-hydrogen project in the country''s northwest
Advancing PetroChina’s Development
Based on PetroChina''s status and situation of low-permeability oil reservoir development, this paper analyzes the key common issues in the production capacity construction of new oilfields, the stable production of old
Shell, PetroChina JV eye first gas in 2026 from Surat Gas Project in
(WO) – Arrow Energy, a 50:50 joint venture between Shell and PetroChina, has announced a major expansion of its 27-year Surat Gas Project (SGP) to an area north-east of
PetroChina to lift output, intensify trade and bolster green energy
China''s integrated giant PetroChina will invest efforts to boost domestic oil and gas output, intensify international trading activities, as well as grow renewable energies to
BP, PetroChina Team Up On Carbon Capture Cluster In
UK''s major BP (LON: BP) and peer PetroChina (SHA: 601857) will work together on the construction of an onshore carbon capture, utilization, and storage (CCUS) cluster in Hainan, the southernmost province of China,
4 FAQs about [Petrochina energy storage major]
Is PetroChina building a large tank farm in Guangdong?
REUTERS/Kim Kyung-Hoon/File Photo Purchase Licensing Rights SINGAPORE, Sept 2 (Reuters) - PetroChina has finished building a large tank farm for its greenfield refinery and petrochemical complex in southern China's province of Guangdong, the state-backed Shanghai Petroleum and Natural Gas Exchange said in a report.
Why is underground gas storage important for China's Energy Security?
Therefore, accelerating the construction of underground gas storage is an important strategic demand to ensure China’s energy security. Based on the above analysis, the use of deep underground spaces for large-scale energy storage is one of the main methods for energy storage.
What is the priority development direction of energy storage in China?
The utilization of salt rock for large-scale energy reserves will be the priority development direction of energy storage in China. (3) Salt rock in China is a typical bedded rock salt with thin thickness, high impurity content, and many interlayers.
Which natural gas storage facilities are used in China?
At present, China’s large-scale natural gas storage facilities mainly include depleted reservoirs, salt caverns, and LNG storage tanks. According to international practice, it is only once the storage of working gas reaches about 15% of annual consumption that a safe supply of natural gas can be ensured .