Tagged With Shi Weijun
16 December 2024
Canadian and Iranian barrels being snapped up by China’s smaller refineries amid weaker domestic demand
2 December 2024
Crucial role of gas means country is laying the foundations to control physical and trading supply chains
1 November 2024
Ashgabat’s ambitions appear to mesh well with China’s growing appetite for gas
30 October 2024
Attempts to control domestic fuel prices could threaten supply
4 October 2024
Economic ill-health may be a wake-up call to the world about the Asian nation’s shifting oil buying status
30 September 2024
China’s state-owned oil companies have succeeded in raising domestic oil and gas production, but their refining businesses are being squeezed
25 September 2024
Purchasing from region will help determine if prices will stay buoyant in the second half of this decade as supply increases, with significant volumes due online in the next three years
2 September 2024
The island nation plans to phase out nuclear energy and substitute coal for gas, but must first overcome import capacity constraints
29 August 2024
The fuel will continue to displace coal in the coming years, but after 2030 the pace of gas growth may slow
21 August 2024
Demand growth and the expiration of existing contracts mean Asian nations will become less reliant on long-term contracted supply
12 July 2024
The current wave of investment comes after Africa’s importance as an energy supplier to China has declined in recent years
9 July 2024
Chinese firms may be poised to move into trading, amid a burgeoning glut of supply and capacity
7 June 2024
Q2 demand growth is looking robust after a strong Q1
4 June 2024
Russia’s pivot to the east is encountering barriers among the Central Asian republics and due to China’s reluctance to become too dependent on Russian gas
29 April 2024
Although recent, firmer gas prices have blunted some price-sensitive demand, the overall growth outlook remains robust
26 April 2024
Slowing demand growth and capacity expansions will squeeze refiners in coming years
22 April 2024
Beijing’s renewed targeting of NOC management could threaten investment
18 March 2024
Planned reactor restarts and expiring supply contracts mean changes ahead for Japan’s well-established LNG sector
13 March 2024
China’s state-controlled offshore specialist is looking to bump up output again this year is it turns its attention to more-difficult assets
11 March 2024
China’s intake of the fuel rose by 12.6% in 2023 and will continue to increase this year, but this looks unlikely to cause trouble for Europe
29 January 2024
The country’s drive to adopt LNG and gas could be imperilled as the state electricity company haemorrhages money
24 January 2024
Demand prospects are limited by decelerating economic expansion following the post-pandemic rebound
19 January 2024
Rapid electrification and the adoption of renewables may allow China to trim its dependence on fossil fuels and reach net zero sooner than previously expected
21 December 2023
Chinese demand is at the forefront of shifting oil contours for Asia for 2024 and beyond
18 December 2023
But the dollar still remains overwhelmingly the favoured currency
4 December 2023
Beijing’s strong emphasis on domestic production growth will require heavier investment from the country’s NOCs, as remaining reserves become harder to exploit
10 November 2023
Seasonal temperatures will prove critical, but the LNG demand prospects for China, Japan and South Korea are currently soft
25 October 2023
Beijing appears willing to use Moscow’s isolation to its advantage
20 October 2023
The revised Gas Utilisation Policy refines Beijing’s policies for a market that has doubled in size since 2012
19 September 2023
The special administrative region has introduced the fuel as part of its drive for carbon neutrality, but it will take years for imports to ramp up
18 September 2023
Pipeline problems, maturing fields, gas quality issues and territorial disputes threaten to erode Malaysia’s LNG exports
4 August 2023
Record domestic production and high imports contrast with weak economic growth to raise the question of how much more crude China can store
1 August 2023
The decades-long project needs new sources of gas, but territorial disputes with Malaysia are complicating matters
22 June 2023
The fuel has lost ground to coal and renewables but is seen as key to balancing needs for energy security with long-term efforts to decarbonise
19 June 2023
Rising domestic demand and the pressures of net zero are prompting the Southeast Asian country to look at limiting outflows of gas
5 June 2023
But none of the companies are poised to abandon oil and gas anytime soon
26 May 2023
Pipeline imports and domestic production gains may limit LNG take, but Russia and Central Asia uncertainty could prompt buying activity
10 May 2023
Incomplete price reforms pose problems for both upstream and downstream players and threaten further shortages
25 April 2023
Preferable nuclear and coal options suggest balanced Asian LNG market, at least over the summer
21 April 2023
Beijing likely to be unfazed by move amid growing alliance with Saudi Arabia
24 March 2023
Rise in imports may be more to do with stockpiling ahead of summer than actual increased consumption
16 March 2023
Weak prices support demand but mild weather, delayed gas projects, large reserves and nuclear alternatives set to blunt upturn
24 February 2023
Last year’s slip in gas consumption does not affect the outlook to mid-century
23 February 2023
The country had been poised to embrace LNG-to-power on a large scale
7 February 2023
From E&P to refining, the state-owned companies are well-positioned for growth and bumper profits
7 February 2023
But Beijing remains somewhat cautious in an attempt to avoid alienating the West
3 February 2023
The Asian giant’s LNG imports slumped last year but look likely to recover in 2023
2 February 2023
The signs point towards a comeback in 2023, but uncertainty around Covid remains a factor
30 January 2023
Opec+ and the IEA have both revised up 2023 forecasts for Chinese oil demand in recent weeks
9 January 2023
New regulations are likely to restrict an already limited pool of vessels capable of transporting gas
