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Sinopec plans to repurpose CNY8.019 billion, with one focus on natural gas development

Guangzhou (JLC), March 27, 2026--Sinopec plans to repurpose CNY8.019 billion of its raised funds, focusing on a new natural gas development project in the Southwest and the Maoming upgrade project in

03-27-2026 19:00:35

Deep Sea No.1’s output tops 4.5 mln mt oil equivalent in 2025

Beijing (JLC), January 12, 2026—The gas and oil output of Deep Sea No.1, China’s largest offshore gas field, surpassed 4.5 million (mln) mt of oil equivalent in 2025, according to its operator CNOOC.

01-12-2026 13:17:55

China LNG imports tumble in September

Beijing (JLC), October 27, 2025—China’s LNG imports dropped in September 2025, as tepid domestic demand and squeezed margins dampened importers’ purchasing interest.

10-27-2025 14:43:41

Deep Sea No.1 Phase II comes online

Shandong (JLC), June 27, 2025--The Phase II project of Deep Sea No. 1 came into full operation, marking the completion of the development project of China's largest offshore gas field.

06-27-2025 16:39:13

Huaihe Energy Gas Group completes LNG refueling by replacing fuel tanks

Beijing (JLC), February 28, 2025--Huaihe Energy Gas Group successfully refueled an LNG-powered ship named “Wan Bang Hai Yun 01” at the No.4 berth of Wuhu Yangtze LNG inland terminal.

02-28-2025 14:09:49

LNG container vessel “KOTA EBONY” departs from Shanghai

Shandong (JLC), February 28, 2025--The 14,000 TEU LNG dual-fuel container ship, “KOTA EBONY”, set sail from Changxing Island, Shanghai on February 26, according to local media.

02-28-2025 09:56:51

Production of Deep Sea No.1 gas field reaches 10 bcm

Beijing (JLC), February 8, 2025--Natural gas production at Deep Sea No. 1 gas field hit 10 billion cubic meters (bcm), its operator China National Offshore Oil Corporation announced on January 29.

02-08-2025 10:51:23

China’s first large Mark III type LNG carrier departs from Binhai

Beijing (JLC), December 4, 2024--“AL SHELILA”, China’s first large-sized LNG carrier equipped with the Mark III Flex membrane tank, set out on its first international voyage from Binhai to Singapore.

12-04-2024 17:11:21

LPG prices in South China fall in Early September

Shandong (JLC), September 12, 2024--LPG price indexes in South China averaged CNY4,976/mt on September 6, down by CNY46/mt, JLC data showed.

09-12-2024 16:44:02

Deep Sea No.1 Phase II sees breakthrough

Beijing (JLC), August 30, 2024-- China National Offshore Oil Corporation wrapped up the blowout test of its A12 well on August 26, marking the completion of all well drilling and completion work.

08-30-2024 10:17:04

Deep Sea No. 1 gas field reaches 8 bcm milestone

Beijing (JLC), May 6, 2024--China’s first self-developed ultra-deepwater gas field Deep Sea No. 1 has produced more than 8 billion cubic meters (bcm) of natural gas, its operator CNOOC announced on la

05-06-2024 15:56:32

Deep Sea No. 1 produces over 7 bcm of natural gas

Beijing (JLC), February 5, 2024--China’s first large scale self-developed ultra-deepwater gas field Deep Sea No. 1 has produced more than 7 bcm of natural gas, its operator CNOOC said.

02-05-2024 15:43:57

Sinopec drills deepest oil and gas well in Asia

Beijing (JLC), November 21, 2023--The Yuejin 3-3XC well of the Sinopec’s Shendi No. 1 project achieved high-yield oil and gas flows on November 15, the company announced on its Wechat official account

11-21-2023 09:53:54

China’s LPG imports rise in September

Beijing (JLC), October 25, 2023--China imported 3.18 million mt of LPG in September 2023, up by 11.42% month on month and 13.79% year on year, according to data from the General Administration of Cust

10-25-2023 10:20:33

Natural gas imports retreat in September

Guangzhou (JLC), October 23, 2023 – China imported 10.15 million mt of natural gas in September, down 6.5% month on month, and almost flat compared with the same month of 2022.

10-23-2023 18:03:22

CNOOC discovers deep coalbed methane field

Beijing (JLC), October 23, 2023--China’s offshore producer CNOOC announced the discovery of a deep coalbed methane (CBM) field at the eastern edge of Erdos Basin on October 23.

10-23-2023 17:35:15

Deep Sea No. 1 phase II project makes progress

Beijing (JLC), October 18, 2023--CNOOC started operating first development well of Deep Sea No. 1 phase II project on October 16, the company announced on its WeChat public account.

10-18-2023 14:02:33

China LNG output extends gains in September

Beijing (JLC), October 18, 2023--China produced 2.93 billion cubic meters (bcm) of LNG in September. The daily output grew by 6.2% month on month and 21.1% year on year, JLC data showed.

10-18-2023 13:48:54

Shanxi LNG prices rise in September

Beijing (JLC), September 27, 2023--LNG prices in north China’s Shanxi province showed an upward trend in September amid the support of rising costs, JLC data indicated.

09-27-2023 14:22:43

China begins testing its longest deepwater oil & gas pipeline

Guangzhou (JLC), June 27, 2023 – China has begun testing its longest 20-inch-diameter deepwater oil and gas pipeline, which has just been completed on June 22.

06-27-2023 19:06:03

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