UK-China energy deals tot up during Cameron trade trip

UK engineering firm Rolls Royce has won a £17 million contract to work on a Chinese energy infrastructure project. The deal is one of several announced yesterday to coincide with Prime Minister David Cameron’s trade visit to Shanghai. In total £5.6 billion worth of deals have been signed between UK and Chinese firms during the […]

Work starts on China’s first shale gas pipeline

China’s largest oil producer has started constructing the country’s first pipeline for shale gas transportation. Reports claim state-owned PetroChina is building a 93 kilometre (58 mile) pipeline in Sichuan province’s Changning block, with a daily transport volume of 4.5 million cubic metres. It will link with an existing pipeline that carries gas to Yunnan province. […]

Shell reportedly strikes shale gas in China

Shell has reportedly struck shale gas in China. Drilling at two wells returned positive results, a spokesperson for PetroChina told Reuters. The Chinese firm is working with the British oil and gas giant on four blocks in one of its exploration projects in the country. Shell could not confirm the find, but a spokesperson told […]

Third China pipeline nears completion

A third west-to-east gas pipeline through China will be ready by 2013, according to reports this week. PetroChina’s line will carry 30 billion cubic metres a year, a company source told ChinaDaily.

China tests first biofuel flight

China has tested its first biofuel-powered flight. The aeroplane successfully completed a demonstration at Beijing using sustainable aviation fuel today. The B747-400 passenger plane took off after Air China collaborated with PetroChina, Boeing and Honeywell UOP. The Asian superpower is the world’s largest emitter of CO2 emissions, according to the International Energy Agency’s 2009 figures, […]

Australian gas firm Arrow has Bow Energy in sights

Australian coal seam gas company Arrow Energy intends to buy up Bow Energy for A$535million (£340m). Arrow, which counts Shell and Petrochina as its major shareholders, wants to use the purchase to expand an existing LNG project up from the 4 million tonnes per year currently planned. Other gas stories: Shale can be a success, […]

PetroChina and INEOS sign agreement on Scottish refinery

Chinese oil and gas producer PetroChina has formed a trading partnership with leading manufacturer of petrochemicals, INEOS. The deal includes shares in the Grangemouth refinery in Scotland as well as the Lavéra refinery in France. The investment will lead to 2,000 jobs created at Grangemouth. Located on the Firth of Forth the refinery has direct […]

Grangemouth deal won’t threaten UK energy security

The chairman of INEOS today stressed that China would not be raiding the UK’s oil reserves for its own purposes following yesterday’s Grangemouth refinery deal. Grangemouth, which is owned by INEOS, has entered into a partnership with PetroChina, the largest energy company in China and, by stock market value, the biggest company in the world. […]

EDF is second biggest infrastructure owner in the world

EDF has been named as the second biggest infrastructure owner in the world, beaten only by the US government. And of the other organisations in the top 10 owners’ ranking, seven are energy companies. The Bentley Infrastructure 500 lists both public and private sector owners of infrastructure and is based on the value of their […]