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Serbia - March 01, 2024
Serbia plans to launch a bid round to procure at least 400 MW of wind and solar energy this year.
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China Overview
in figures
Oil Reserves26 billion barrels
Oil Production3.98 million bopd
Gas Reserves8.4 tcm
Gas Production209.2 bcm
China: A central figure
China boasts the second largest economy and largest population in the world. In addition, the country occupies the top spot in crude oil imports and the fourth spot in production figures, making it a central figure in the global energy markets. Three national oil companies in China, China National Petroleum Corporation (CNPC), China Petroleum & Chemical Corporation (Sinopec Corporation) and China National Offshore Oil Corporation (CNOOC), account for the lion’s share of upstream and downstream oil and gas activity in the country.
Currently, China is undergoing a shift in focus from a country with economic drivers based in manufacturing and heavy industries to one based in services and domestic consumption. Adding to the nation’s economic shift, the Chinese government is determined to curb environmental pollution by switching its heavy reliance on coal burning to cleaner energy sources such as natural gas.
NEWS
UAE - June 25, 2026
Abu Dhabi has awarded the Bab Gas Cap development and production concession to an ADNOC-led consortium of international companies.
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NEWS
USA - June 19, 2026
Energy Fuels has secured a 20-year, USD 725-million loan commitment from the US administration to expand rare earths processing…
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Interview
USA - June 12, 2026
Josh Sherman of the Houston Producers Forum talks about Houston’s growing pull as energy security concerns and growing LNG and…
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Interview
Angola - June 01, 2026
Alcídio José of Ozango Minerais talks about the global dynamics around rare earths that are bringing fresh investor interest to Angola's Longonjo project.
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NEWS
UAE - May 12, 2026
ADNOC Drilling is prepared to expand the UAE’s oil production capacity beyond 5 million bopd by 2027 as the country advances upstream growth plans.
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Interview
India - March 19, 2026
Iqrar Husain of Quippo Oil and Gas talks about delivering projects in India’s most challenging terrains and the company's investment priorities.
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NEWS
China - March 17, 2026
SLB OneSubsea has won a deepwater EPC contract from CNOOC for a 20-well subsea development in China.
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NEWS
Qatar - February 26, 2024
QatarEnergy announces plans to expand production in the world’s largest known gas reservoir.
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NEWS
Guyana - February 09, 2024
Guyana has moved beyond its goal to produce 60,000 bopd from its Stabroek block in 2024.
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NEWS
USA - February 05, 2024
ExxonMobil has posted a net profit of USD 36 billion in 2023, down from USD 55.7 billion in 2022.
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NEWS
Qatar - January 31, 2024
QatarEnergy has confirmed the award of four EPCI packages for the next development phase at the local Al-Shaheen field.
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NEWS
Guyana - January 22, 2024
ABB has signed a contract with Japanese engineering entity MODEC to deliver topside and hull electric systems for an FPSO bound for the Uaru oil field in Guyana, the…
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NEWS
China - January 19, 2024
Sinopec has discovered 133 bcm (4.7 tcf) of proven gas reserves in China’s southwestern Sichuan Basin, the E&P company announced on Wednesday.
China’s Ministry of…
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NEWS
Guyana - January 12, 2024
Jumbo Offshore has signed a contract with Japanese vessel builder MODEC for pre-installation of the mooring spread of an FPSO bound for Guyana, the Netherlands-based…
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NEWS
Uganda - January 05, 2024
TotalEnergies has hired former prime minister of Benin Lionel Zinsou to assess its land acquisition programme related to its Tilenga oil production project and…
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NEWS
Brazil - January 04, 2024
TechnipFMC has signed a contract worth more than USD 1 billion with Brazilian NOC Petrobras for integrated EPCI works on the pre-salt Mero 3 high-pressure separation…
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