China
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Includes oil ports, refineries, and storage facilities; crude and refined product pipelines; coal and nuclear power plants; and EV battery factories.
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Success at the Fuling gas field in southwestern China will play a major role in the country's energy agenda.
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In striving to boost production of shale gas and tight oil, China is trying enhanced-hydraulic-fracturing technology and real-time data analysis in the Sichuan shale basin. In Daqing’s tight-oil fields, an alternative fracture-completion strategy and post-stimulation flowback technology has been tested.
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Sinopec is moving on to Phase 2 at its Weirong shale-gas development in Sichuan province after having completed Phase 1 by drilling 56 new wells over the past year and building new infrastructure to support increased natural gas production.
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China independent distributor Jiasheng Gas Co. is set to build a $380-million LNG storage and receiving facility in east China, as the country opens up to more private participation and investments surge in LNG import terminals.
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Designed to be a “living” map, it focuses on the largest fixed infrastructure for crude oil and refined products such as trunk pipelines, refineries, and storage facilities.
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Gasoline and diesel demand are set to increase YoY beginning in Q3 2020.
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The planned JV is for one of three LNG terminals GCL is planning to build in China.
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In this paper, the authors propose a least-squares Q migration (LSQM) method that combines the benefits of both LSM and Q prestack depth migration (QPSDM) to improve the amplitude fidelity and image resolution of seismic data.
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The unseasonably warm weather in the northern hemisphere and the rise of the global supply levels has resulted in record-low LNG prices. Adding to that, the coronavirus epidemic in China has reduced business and industrial activity, with January’s LNG imports dropping by about 10% year on year.