China Petroleum & Chemical (Sinopec) has discovered more than 140 million tonnes (mt) of proven geological reserves in the Shengli oilfield in east China’s Shandong province. Of the total reserves found, 11.36mt are technically recoverable. This is the …
Shengli Oilfield leads exploration breakthroughs with theoretical innovation, stimulates cost reduction and efficiency improvements with technological progress, and boosts both quantity and quality enhancements with equipment upgrades, driving shale oil …
China’s biggest state-held energy firms are following the demand trends in the world’s top crude oil and natural gas importer. After decades of growth, Chinese demand for transport fuels is peaking as electric vehicles and LNG-powered trucks are seizing …
Here's something strange – despite all the drama in the Middle East, oil prices haven't crossed the $90 per barrel threshold. Strange, isn't it? Logically, when the region supplying about a third of global oil is in turmoil, prices should surge …
China Petroleum and Chemical Corp. (Sinopec) announced it had discovered more than 1 billion bbl (140 million tonnes) of proven shale reserves at the Shengli field in East China. In its 1 April announcement, Sinopec said the Shengli shale field, which …
British energy company Ineos has completed a planned acquisition of the U.S. Gulf assets of Chinese state oil major CNOOC. The purchase gives Ineos non-operated interests in Shell's Appomattox platform and Hess' Stampede platform, along with …
(Bloomberg) -- Executives at US shale companies expect President Donald Trump’s 25% steel import tariffs to lead to lower activity in the shale patch, according to the latest energy survey from the Federal Reserve Bank of Dallas. Most Read from Bloomberg …
Sinopec said it has discovered Xinxing and Qintong shale oil fields in eastern China with combined proven reserves of 180 million tonnes. The fields are part of the China's Ministry of Natural Resources effort to identify shale oil reserves in the …
Beijing: Sinopec, China's largest oil refiner, has announced the discovery of two major shale oilfields in the east of the country with combined proven reserves of 180 million tonnes, after the discovered reserves in the Xinxing shale oil field in …
JINAN, March 25 (Xinhua) -- The China Petrochemical Corporation (Sinopec Group), the country's largest oil refiner, has announced the discovery of more than 140 million tonnes of proven shale oil reserve in east China's Shandong Province. This is …
The Jiyang Shale Oil Field construction site of Sinopec's Shengli Oilfield. [Photo provided to chinadaily.com.cn] The Jiyang Shale Oil Field has officially received certification from the Ministry of Natural Resources for its proven reserves, marking a …
Workers patrol at a combined processing station for shale oil of Jiqing Oilfield, in northwest China's Xinjiang Uygur Autonomous Region, Nov. 24, 2024. (Photo: Xinhua) The Shengli Oilfield, under China Petrochemical Corp (Sinopec Group), the country…
Tuesday, April 1, 2025 10:50 PM EDT Image Source: Unsplash We are revisiting a long-term cycle that we began tracking several years ago. This cycle, which is illustrated by the vertical red lines drawn on the weekly chart displayed below, has been …
Breadcrumb Trail Links PMN Business China’s energy giants are increasingly pivoting to natural gas to raise production, as demand for oil slows and global trade tensions heighten the risks of relying too heavily on imports. Author of the article: Bloomberg …
Energy independence has been a focus President Donald Trump’s second term in office. He has gone so far as to declare a National Energy Emergency. However, while promises of deregulation and the removal of export controls were initially greeted with …
Crystal Clearwater Resources (CCR), a wastewater solutions technology leader, has announced the appointment of Mark Berg as its Chairman of the Board of Directors. Berg is a senior energy industry executive with extensive commercial and operational …
Malaysia’s Petronas is evaluating a sale of its shale oil asset in Argentina, a move that would complete its exit from the country’s booming Vaca Muerta fields as several international drillers also look to divest from the region. Petronas has begun a …
Delray Beach, FL, March 31, 2025 (GLOBE NEWSWIRE) -- Oil and Gas Pumps Market size is projected to grow from USD 8.7 billion in 2023 to USD 10.9 billion by 2028, at a CAGR of 4.7% according to a new report by MarketsandMarkets™. Pumps have a critical role …
Shale oil/gas activity, govt initiatives, lower maintenance, safety regulations, and line heaters' ease, reliability, cost-effectiveness drive market growth. WILMINGTON, DE, UNITED STATES, March 11, 2025 /EINPresswire.com/ -- According …
Emerging economies in Asia and Latin America drive demand for unconventional oil as industrialization and urbanization surge, straining global oil supplies. WILMINGTON, DE, UNITED STATES, March 4, 2025 /EINPresswire.com/ -- According to a unconventional …
Explore the global petrochemicals market size, trends, Key companies, and forecast in this detailed industry report ( 2024-2032). PUNE, MAHARAHTRA, INDIA, February 20, 2025 /EINPresswire.com/ -- The global petrochemicals market size was valued …
Oilfield Chemicals Market is growing due to increased exploration, smart technologies and a shift to eco-friendly chemicals for improved operational efficiency. AUSTIN, TX, UNITED STATES, February 18, 2025 /EINPresswire.com/ -- The Oilfield …
The Oil and Gas Upstream Projects Market involves exploration, drilling and production of oil and gas resources. CALIFORNIA, CA, UNITED STATES, February 18, 2025 /EINPresswire.com/ -- According to a comprehensive research report by Market …
The dedication to sustainable practices and innovations in treatment technology substantially increases the market need for drilling waste management. VANCOUVER, BRITISH COLUMBIA, CANADA, February 7, 2025 /EINPresswire.com/ -- The global …
Artificial Lift System Market projected to reach US$ 55.3 billion by 2030 | North America Dominate Region by US, Canada WILMINGTON, DE, UNITED STATES, February 6, 2025 /EINPresswire.com/ -- According to a new report published by Allied …
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Two Weeks to Certified, Flight-Ready Graduates CALGARY, ALBERTA, CANADA, April 3, 2025 /EINPresswire.com/ -- In a historic move for the future of aviation training in Canada, IN-FLIGHT Data, one of the country’s oldest and most accomplished RPAS …
Campos Foundation donates $178K to bring hands-on STEM SmartLab to Urban Promise Academy, empowering Oakland students through tech and innovation OAKLAND, CA, UNITED STATES, April 3, 2025 /EINPresswire.com/ -- Momentum is building in Oakland’s …
Peer-to-peer digital content sharing for construction and building professionals SUNDRE, ALBERTA, CANADA, April 3, 2025 /EINPresswire.com/ -- Since its establishment in 2003, Construction Links Network has emerged as a premier news and …
CHICAGO, IL, UNITED STATES, April 3, 2025 /EINPresswire.com/ -- Building on the success of its TOP 50 PE Firms in the Middle Market™ awards program, Grady Campbell, a leading creative agency focused on the middle market, has launched The TOP 50 …
Formula-8 is an oxygen-safe thread sealant engineered to eliminate the frustrations of tape and provide a long-lasting seal in the most demanding applications. LEWISTON, MN, UNITED STATES, April 3, 2025 /EINPresswire.com/ -- Fluoramics, a leader in …
Global sustainable fuels demand expected to exceed 250 mtpa by 2035 HOUSTON, TX, UNITED STATES, April 3, 2025 /EINPresswire.com/ -- HIF Global, the leader in highly innovative fuels, and Mabanaft, global energy solutions provider, signed a Heads …
Oliva Gibbs moved up 87 spots to rank No. 43 on Inc.’s list of the fastest-growing private companies in the Southwest, standing out among legal & energy firms. HOUSTON, TX, UNITED STATES, April 3, 2025 /EINPresswire.com/ -- Inc., the leading media …
Lennox Industries Awards The Chill Brothers in recognition of Outstanding Service and Innovation in the HVAC Industry HOUSTON, TX, UNITED STATES, April 3, 2025 /EINPresswire.com/ -- The Chill Brothers, a leading provider of residential and …
PHILADELPHIA, PA, UNITED STATES, April 3, 2025 /EINPresswire.com/ -- Breaking Barriers: Justice and Work, airing Saturday, April 5, 2025, at 7 PM ET, exposes the obstacles preventing Americans who have been justice-impacted from finding meaningful …
The New 600 Series VisionGauge® Digital Optical Comparators are designed to check turned and rotationally symmetrical parts with high accuracy. POINTE-CLAIRE, QC, CANADA, April 3, 2025 /EINPresswire.com/ -- We are pleased to announce the release …
The Premier tier status recognizes Encora's proven expertise and excellence in driving cloud transformation on the AWS platform. SANTA CLARA, CA, UNITED STATES, April 3, 2025 /EINPresswire.com/ -- Encora Achieves Premier Tier Status in the …
How working with a strategic partner can smooth the way LONDON, UNITED KINGDOM, April 3, 2025 /EINPresswire.com/ -- In an article published on Business Reporter, Darren Smith, Head of Transformation at Liberata, discusses how strategic partners …
NEW ORLEANS , LA, UNITED STATES, April 3, 2025 /EINPresswire.com/ -- The Louisiana Mesothelioma Victims Center says, "If your loved one is a former home remodeler or construction worker and they have just been diagnosed with mesothelioma or …
UP! Detect, offers vibration monitoring and cloud-based analysis to provide early warning of failures, enabling maintenance teams to plan ahead. WINTERTHUR, SWITZERLAND, April 3, 2025 /EINPresswire.com/ -- As a pioneering original equipment …
The order underlines the company's strategy in expanding its digital offerings and will be supported by the opening of a new Service facility in the country. WINTERTHUR, SWITZERLAND, April 3, 2025 /EINPresswire.com/ -- Burckhardt Compression …
Local HVAC Company Clears Up Misconceptions That Could Cost Homeowners PASADENA, CA, UNITED STATES, April 2, 2025 /EINPresswire.com/ -- Misconceptions about HVAC maintenance can lead to higher energy bills, unnecessary repairs, and shorter …
HALIFAX, Nouvelle-Écosse, 03 avr. 2025 (GLOBE NEWSWIRE) -- La Semaine de l’océan Canada fait encore des vagues ! La Coalition canadienne de la connaissance de l’océan est fière d’annoncer les récipiendaires 2025 de leur programme national de micro- …
DUBAI'S SOLAR POWER HIGHWAY MICROGRID POTENTIAL PROVIDENCE, RI, UNITED STATES, April 3, 2025 /EINPresswire.com/ -- E2SOL Solar-Powered Utility Median Barriers on Dubai Highways Rendering of an E2SOL Integrated Highway Median PV Microgrid …
HALIFAX, Nova Scotia, April 03, 2025 (GLOBE NEWSWIRE) -- Ocean Week Canada is making waves again! The Canadian Ocean Literacy Coalition is proud to announce the 2025 recipients of their national microgrant program. A total of $71,377 has been awarded to 31 …
SANTA BARBARA, Calif., April 03, 2025 (GLOBE NEWSWIRE) -- H2 Clipper, Inc. (“H2C”), a leader in sustainable hydrogen-based infrastructure and transportation, has been granted U.S. Patent No. 12,234,035 for the company’s innovative approach to using …
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