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Natural gas reforming hydrogen project in Shanxi kicks off

Beijing (JLC), July 11, 2023--Shanxi Fengsheng Energy Technology Co., Ltd. launched a natural gas reforming hydrogen project in northern China’s Shanxi province on June 26, a market source said.

07-11-2023 18:07:08

System design holds the key in natural gas market-oriented reform

Beijing (JLC), May 23, 2019--Good market system design plays an important part in promoting China’s market-oriented reform for natural gas, according to industry sources.

05-23-2019 13:52:35

China's oil, gas pipeline network reform may reshape market

Beijing (JLC), March 13, 2019--China's plan to form a national oil and gas pipeline company is expected to be the largest-ever step in the reform of oil and gas system and to reshape the current market mechanism, China National Petroleum Corporation (CNPC) said on its news website.

03-13-2019 18:09:26

Shandong refiners reformers' run rate rises slightly

In January, the reformers' operating rate rose slightly amid the bullish sentiment, but the operating rate in February would change little under bearish sentiment during holidays.

02-20-2019 14:48:36

Sinopec Cangzhou's newly-built reformer

Sinopec Cangzhou Refining and Chemical newly built 400,000 mt/yr (8 kbd) of reforming unit, and at present it has achieved mid-term completion.

12-20-2018 09:32:13

Sichuan Petrochemical runs its reformer at full capacity

Beijing (JLC), August 16, 2018--Petrochina Sichuan Petrochemical lifted the raw materials feeding speed to 238 mt/h on its 2 million mt/yr continuous reformer on August 6, 2018, putting the unit running at its full capacity.

08-16-2018 16:35:13

Shandong newly-built reformers are delayed to come online

Shandong-based independent refineries’ newly-built reformers with a total capacity of 6 million mt/yr that are schedueled to put into operation in July and August, maybe delayed to come online due to the sluggish market, JLC data shows.

07-30-2018 17:52:49

Direct supply will promote marketization reform of natural gas market

Currently, against requirements of improving air quality and reforming energy consumption structure, natural gas, a kind of clean energy, is attached more attention.

06-21-2017 11:02:40

China unveils market reform for oil and gas industry

Chinese authorities on May 21st announced a reform plan for the country's oil and gas industry, eyeing better efficiency and competitiveness by giving market a decisive role in the sector.

05-22-2017 09:06:32

Non-residential gas pricing reform scheme to be announced soon

The National Development and Reform Commission will release the Guiding Opinions on Strengthening Supervision on Gas Distribution Charge and Promoting Non-residential Gas Pricing Reform (Guiding Opinions) very soon, a source familiar to the issue revealed on May 16th, 2017.

05-17-2017 18:01:35

China opens the natural gas pricing reform at storage facilities

The National Development and Reform Commission (NDRC) released the Notice on Defining Related Pricing Policy of Gas-Storage Facilities (Notice) on October 18th. It required that China's natural gas-storage service price and natural gas purchase and sales price

10-25-2016 17:38:39

Northeast SOEs to bear brunt of China's ownership reforms

China is mulling the first batch of pilot State-owned enterprises (SOEs) for mixed ownership reforms, and those in the country's northeast region are expected to be the highest on the agenda, Shanghai Securities News reported on Tuesday.

06-21-2016 15:23:06

China 10 Key Projects of Manufacturing Reform and Upgrade

National Development Reform Commission (NDRC) and Ministry of Industry and Information Technology (MIIT) released the notice on implementing the major projects of manufacturing reconstruction and upgrade

05-20-2016 14:07:33

Natural gas reform under way; price of gas for fertilization to be decided by the market

Opinion on Deepening Market-oriented Reform of Price of Natural Gas (hereafter short as “Opinion”) is under discussion by the authority. The goal of price reform of natural gas is letting the market distribute gas and letting the market decide the price of gas.

04-13-2016 10:30:28

PetroChina to be the first batch of SOE reform pilots

Recently, state-owned enterprises reforms are in full swing and PetroChina reform moves further. It’s reported that PetroChina would be one of the first batch of state-owned enterprises pilot reforms. After the reform, PetroChina would be a strategic holding company.

03-16-2016 15:10:43

Oil product consumption tax reform is looming

Since middle and late February, crude oil price fluctuated to be upward, and Brent broke $40/bbl. Bu the crude average price in ten working days was below $40/bbl, so the domestic oil product retail price adjustment was forced to stop for the fourth consecutive round.

03-16-2016 13:42:24

Assets stripping highlighted in PetroChina natural gas pipelines reform

In December, 2015, it was said natural gas pipelines were in assets stripping process. With 2015 closing, oil and gas reform scheme was about to be launched and the “13th-five-year plan” of oil and gas industry was being made.

12-17-2015 14:57:46

Zhanjiang Dongxing would be shut down amid Sinopec's reform

Zhanjiang Dongxing would be shut down amid Sinopec’s reform

12-17-2015 11:33:15

China natural gas pricing reform targets opening

The State Council, China’s cabinet, released Opinions on Promoting Price Mechanism Reform, requiring to speed up liberating of natural gas sources and sales prices, and to set natural gas pipeline transmission and distribution rates based on the principle of “cost plus reasonable profits”.

10-20-2015 11:24:01

Trial reform of oil & gas exploration starts in Xinjiang

On July 7th, the Ministry of Land and Resources (MLR) released a bidding announcement of oil & gas exploration through its portal, which indicates that China will carry a trial reform in the upstream of oil and gas in Xinjiang.

07-08-2015 17:39:11

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