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Tag: China

IEA Warns of Global Oil Demand Slowdown in 2025

America
The International Energy Agency stated that the global oil demand will slow down for the rest of 2025 due to economic headwinds in the...

Trans Mountain Pipeline Expansion Boosts China Oil Trade

America
The Trans Mountain pipeline expansion (TMX) is turning out to be well worth the exorbitant $34 billion price tag. China has surpassed the United States...

Sinopec Sets New Vertical Well Depth Record of 5,300 Meters

Drilling
May 14, 2025,  China Petroleum & Chemical Corporation (Sinopec) had announced a major shale gas exploration breakthrough of its Project Deep Earth - Sichuan...

Demand for Global Oil to Grow to Almost 104 mb/d in 2025

Market Reports
The demand for global oil is anticipated to rise to almost 104 million barrels a day in 2025, which is a rise from almost...

Jiangsu Liquefied Natural Gas (LNG) Project, China

Downstream
Jiangsu LNG Project is located on an artificial island in the Rudong County of China's Jiangsu province. It includes a liquefied natural gas (LNG)...
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