Industry News

Industry News

The International Energy Agency Suggests Oil Supply Risks

According to the International Energy Agency (IEA), a new report expects that benefited from the global economic recovery, global oil demand will reach 92.76 million barrels per day on average in...
Jul 16, 2014 1137
Industry News

China to Promote Underground Pipeline Pre-warning Tech

Recently, the general office of China state council issued “Guidance Opinions about Strengthening the Construction of Urban Underground Pipeline Management”. The opinion aims to promote monitoring...
Jul 10, 2014 1116
Industry News

China Is Reshaping Global Natural Gas Market

China is becoming the world's supply and demand center of LNG (liquefied natural gas). Either the upgrading of domestic energy structure or the rapid growth of import is forcing China to reshape...
Jul 09, 2014 1035
Industry News

China Fastener Industry Faces Technological Reformation

At present, China fastener industry is facing transformation. Continued overcapacity and declining sales increase the survival pressure of some enterprises. The benign development of an enterprise...
Jul 05, 2014 1365
Industry News

Three Maintenance Methods of Long Distance Steel Pipe

Long distance oil and gas pipeline is an important means of energy security. In the process of anticorrosion construction for oil and gas pipeline, the surface treatment of steel pipe is one of the...
Jul 02, 2014 1140
Industry News

Nuozhadu Hydropower Plant Was Fully Put into Production

On June 26, Nuozhadu Hydropower Station’s last units formally generated electricity, which marked that China's fourth largest hydropower station, which possesses a total installed capacity of 5.85...
Jun 27, 2014 1176
Industry News

Gas War Hurts Bilateral Relation of Russia and Ukraine

Natural gas negotiation between Ukraine and Russia, which has been lasting for months, finally broke down on 16th. Gazprom announced that it will implement advanced payment policy for Ukraine's oil...
Jun 25, 2014 1133
Industry News

Zhangjiakou Promotes Central Heating Project

According to information, the main urban area of Zhangjiakou has carried out central heating project for 5 year. 537 chimneys were overturned. Citizens in about 30,970 thousand square meters of the...
Jun 21, 2014 1067
Industry News

Urbanization Pulls the Demand of Steel Pipe in China

This year, although global economy has not yet apparently recovered and domestic market demand is not expected to be optimistic, the urbanization construction and followed energy market, especially...
Jun 07, 2014 1236
Industry News

China Metal Valve Enterprises Face Many Problems

Domestic metal valve industry enterprises obviously tend to outward development. Previously, because of low cost and intense competition, most companies relied on lower price to gain market share....
May 29, 2014 1176
Industry News

Gazprom and CNPC Signed $400 Billion 30-Year Gas Deal

Yesterday, under the witness of Chinese President Xi Jinping and Russian President Vladimir Putin, China National Petroleum Corporation and Russia Gazprom signed“Eastern Gas Sales Contract” in...
May 22, 2014 1157
Industry News

Esso's Over 30,000 Liters of Oil Was Stolen

Esso, the UK unit of oil giant Exxon, had shut a pipeline running from its Fawley oil refinery near Southampton for checks. More than 30,000 liters of fuel was stolen, that would be worth about...
May 15, 2014 1157
Industry News

Valve Market Report in Middle East & North Africa

Reportlinker.com announces that a new market research report is available in its catalogue: Report Name: Industrial Valve Market in the MENA Region 2014-2018 Key Regions: Middle East, North...
May 10, 2014 1577
Industry News

APA Imports Line Pipe from China for Victorian Project

Baosteel has delivered line pipe from China to the Port of Melbourne, which will be used for APA Group’s Victorian gas infrastructure expansion project. The company is contracted to supply the...
Apr 28, 2014 1459
Industry News

China Valves Develop with Manufacturing Industry

The application of valves, as basic component in manufacturing industry cannot not be neglected. In recent years, with the improvement of demands in manufacturing industry, the standards of valves...
Apr 22, 2014 1251
Industry News

Russia, China Gas Deal: to Finish Gas Talks by Putin's May Visit

Moscow and Beijing have been involved in painstaking talks about possible Russian gas supplies to China, with price being the main obstacle to a deal. Last week, The Russian deputy premier Arkady...
Apr 16, 2014 1220
Industry News

Chevron, Petrobras Develop Papa Terra Field

Chevron, Petrobras have already started producing oil with the aid an oil platform at the Papa-Terra oil and gas field off the southern coast of Brazil. Aiming at more oil flow in the area, the two...
Nov 13, 2013 2100
Industry News

OMV Discovered Oil in Barents Well

The OMV AG has seen oil in two poor quality reservoirs in the Wisting Alternative well 7324/7-1S on PL537. The discovery can supply important clues about the region geology. The Leiv Eiriksson...
Oct 31, 2013 1867
Industry News

More Time for Mediterranean offshore gas production

That will give the international energy a relief is the offshore natural gas sources in the eastern Mediterranean Sea’s Levant basin. But it will need some time for the oil to be developed. But...
Oct 29, 2013 1543
Industry News

Sinopec Signed Natural Gas Payment Deal with Rosneft

Chinese oil giant Sinopec has signed a oil payment agreement with Russia Reosneft which was the international leading crude oil producer. According to the agreement, Sinopec would pay for Russian...
Oct 24, 2013 1802