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2017-05-19 12:35:00

SOUTH CHINA SEA GAS

SOUTH CHINA SEA GAS

CHINADAILY - China's attempt to test marine natural gas hydrates, a future energy source, has turned out to be a success, making it the first country to secure continuous and stable gas supply in marine gas hydrate exploitation, according to the Ministry of Land and Resources.

The pilot production was carried out in the Shenhu Area of Northern South China Sea, the ministry said on Thursday.

Natural gas hydrates, mostly found at the bottom of continental shelf and the perpetually frozen soil, are the future clean energy source, and are regarded as a new energy source due to their high energy density, huge amount of resources and cleaning characters, it said. Natural gas hydrates can play a significant role in environmental protection and global climate change, it added.

Many countries, including United States, Canada, Japan and India, are looking at exploiting hydrate deposits as an alternative source of energy to fossil fuels.

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Earlier: 

CHINA'S GLOBAL ENERGY 

U.S. LNG TO CHINA 

CHINA: THE TOP BUYER 

SOUTH CHINA SEA SOVEREIGNTY

CHINA'S INVESTNENT TO SAUDI

 

 

Tags: SOUTH, CHINA, SEA, GAS

Chronicle:

SOUTH CHINA SEA GAS
2017, December, 15, 12:50:00

LUKOIL'S PLAN: $50

LUKOIL - The plan is based on the conservative $50 per barrel oil price scenario. Sustainable hydrocarbon production growth is planned in the Upstream business segment along with the growth in the share of high-margin projects in the overall production. In the Downstream business segment, the focus is on the improvement of operating efficiency and selective investment projects targeted at the enhancement of product slate.

SOUTH CHINA SEA GAS
2017, December, 15, 12:45:00

BP INVESTS TO SOLAR

BP - BP will acquire on completion a 43% equity share in Lightsource for a total consideration of $200 million, paid over three years. The great majority of this investment will fund Lightsource’s worldwide growth pipeline. The company will be renamed Lightsource BP and BP will have two seats on the board of directors.

SOUTH CHINA SEA GAS
2017, December, 13, 12:40:00

OIL PRICE: ABOVE $64 YET

REUTERS - Brent crude was up 69 cents, or 1.1 percent, at $64.03 a barrel by 0743 GMT. It had settled down $1.35, or 2.1 percent, on Tuesday on a wave of profit-taking after news of a key North Sea pipeline shutdown helped send the global benchmark above $65 for the first time since mid-2015. U.S. West Texas Intermediate crude was up 45 cents, or 0.8 percent, at $57.59 a barrel.

SOUTH CHINA SEA GAS
2017, December, 13, 12:35:00

RUSSIAN-TURKISH NUCLEAR

ROSATOM - On December 10, 2017, the construction start ceremony took place at the Akkuyu NPP site under a limited construction licence issued by the Turkish Atomic Energy Agency (TAEK). Director General of the ROSATOM Alexey Likhachev, and First Deputy Minister of Energy and Mineral Resources of the Turkish Republic, Fatih Donmez, took part in the ceremony.

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