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News - China

Displaying 1 - 10 of 16 articles

Shale Gas: What Is New in China?

The National Development and Reform Commission, China’s Ministry of Finance, the Ministry of Land and Resources (MLR), and the National Agency of Energy on March 13, 2012 jointly published the first five-year plan for development of shale gas in China for 2011–2015. Production targets are...

Thoughts on Shale Gas from China

Chen Weidong, an influential policy guru at government-controlled China National Offshore Oil Corp., has a blunt message for oil sands companies and investors: Get out.The future, he says, is natural gas trapped in shale rocks."The oil sands are too costly and too polluting," Mr. Chen said in an interview...

Sinopec Successful with Shale Gas Well

China Petroleum & Chemical Corp., or Sinopec, said a test at its gas well in Sichuan has struck a daily flow of 11,500 cubic metres of shale gas in a "wildcat" exploration well, according to a website run by Sinopec's parent reported on Thursday.Gas was struck at the Yuanba-9 well in the northeastern...