Oil News

BEIJING/SINGAPORE, Dec 17 (Reuters) – China’s total primary energy consumption is expected to peak around 2035, at 5.6 billion tonnes of standard coal equivalent, under Beijing’s recently announced carbon-neutral goal, China National Petroleum Corp’s (CNPC) research arm said on Thursday. China, the world’s largest energy consumer and most significant emitter of climate warming greenhouse gases, …

China’s energy use to peak in 2035 under carbon-neutral goal – CNPC research Read More »

China is the world’s second-largest consumer of oil and gas and the sixth-largest producer of oil and gas globally. The Chinese energy market is dominated by state-owned oil and gas companies by developing the country’s domestic reserves, building and operating pipelines, managing, and filling its strategic petroleum reserves (SPR). China’s oil consumption has seen significant …

Rising Oil and Gas Investments Driving the Market Demand Read More »

The Chinese Oil and Gas Market is segmented by Sector (Upstream, Midstream, Downstream).   Study Period: 2019-2027 Base Year: 2021 CAGR: >2 %   Market Overview The Chinese oil and gas market is expected to register a CAGR of more than 5% during the forecast period, 2022-2027. The COVID-19 outbreak in Q1 2020 had an …

CHINA OIL AND GAS MARKET – GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2022 – 2027) Read More »