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Article archive for PCEC;

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Chinese coal power to change from main electricity source to regulating source 08 May 2022

At a recent technical conference, China’s National Energy Administration (NEA) announced that the country is aiming to transition coal power from a main source of electricity to a regulating power source....

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CNOOC establishes a new energy company 19 April 2022

CNOOC has announced the official establishment of CNOOC (China) Co., Ltd. Beijing New Energy Branch. CNOOC Chairman Wang Dongjin announced the formation of the new company during an unveiling ceremony held in Changping Future Science City, Beijing....

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China to accelerate low-carbon transition on the basis of ensuring energy security 06 April 2022

The China Energy Administration has issued a new report, "Guiding Opinions on Energy Work in 2022", which outlines how China will strive to produce about 200 million tons of crude oil and around 214 billion cubic meters of natural gas in 2022. The country will also produce about 2.6 billion kilowatts of installed power capacity and more than 80 million kilowatts of new peak power generation capacity....

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China releases medium and long term development plan for hydrogen energy 29 March 2022

On March 23, China's National Development and Reform Commission (NDRC) and China's National Energy Administration jointly issued the "Medium and Long-Term Plan for the Development of Hydrogen Energy Industry (2021-2035)". The plan proposes three-stage goals for the development of China's hydrogen energy industry....

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CNOOC builds its first commercial subsea data centre 02 March 2022

On February 11, construction of CNOOC Offshore Oil Engineering Company’s first subsea data cabin started at the Tianjin Lingang Manufacturing Site as part of the company’s Hainan Subsea Data Center Project....

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How the Beijing Winter Olympics achieved carbon neutrality 21 February 2022

On February 9, the International Olympic Committee and the Beijing Winter Olympics Organizing Committee announced at a press conference that according to current calculations, the games were able to achieve all carbon neutrality goals....

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The pace of large-scale development of renewable energy in China is accelerating 16 February 2022

The China Renewable Energy Scale Development Project (CRESP) announced new results earlier this month from Phase II of its project. According to estimates, through the implementation of the CRESP Phase II Project, the annual wind power generation can increase by 1,024 GWh, replace 3 million tons of standard coal consumption, and reduce carbon dioxide emissions by 9.16 million tons....

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CNOOC releases 2022 strategic outlook 19 January 2022

CNOOC released its strategic outlook for 2022 on January 11. The state-owned energy company has set itself the net production target of 600-610 million barrels of oil equivalent in 2022, an increase of 5.3%-7% over the previous year. The total capital expenditure budget will reach 90 billion-100 billion yuan (£10.3bn-£11.5bn) while 13 new projects will also be put into production....

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China's first outdoor explosion-proof refuelling robot begins operating 12 January 2022

On December 29, the Lhasa Airport Express Oil Station in China's Tibet region welcomed the country's first high-altitude outdoor explosion-proof refuelling robot. The intelligent robot, developed by China National Petroleum Corporation (CNPC), is able to autonomously locate and open a fuel tank cap on a car before filling the vehicle with fuel....

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CNPC releases 2021 edition of ‘World and China Energy Outlook’ report 10 January 2022

On December 26, China National Petroleum Corporation (CNPC) released the 2021 edition of World and China Energy Outlook report in Beijing. This is the sixth consecutive year that CNPC has released a medium and long-term outlook report about energy. For the first time, the report focuses on the goal of "carbon neutrality" in 2060 and discusses the trend and path of clean and low-carbon energy transformation in China and the world....