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State-backed PetroChina wants renewable energy to account for

China''s largest oil and gas producer, PetroChina, said it plans to have renewable energy account for half of its total output by 2050 as the state-backed company reported its

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CNPC Sets Up First Joint New Energy R&D Center

(Yicai Global) March 21 -- China National Petroleum Corporation, China''s largest oil and gas supplier, has unveiled its first new energy joint research and development hub. The R&D center was co-established by CNPC unit Daqing Oilfield and Shenzhen New Energy Research Institute, a subsidiary of

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PetroChina joins Oil and Gas Decarbonisation Charter

PetroChina, a unit of the state-owned China National Petroleum Corporation, has become one of the 53 signatories of the Oil and Gas Decarbonisation Charter (OGDC), according to Dr Sultan Al Jaber, COP28 President, The National reported. PetroChina, which accounts for 3.5% of the world''s oil production, joining the charter marks a "significant moment

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PetroChina gas storage injections run ahead of plan

PetroChina''s gas storage sites have an aggregate working capacity of around 9.28bn m³ (107TWh) at present, the firm said, although it remains unclear how much of this capacity the firm had planned to fill this year. Get concise, trustworthy and unbiased analysis of the latest trends and developments in oil and energy markets. These reports

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CNPC enters Myanmar fuel retailing market with Singapore brand

Zenith Energy acquires storage terminals from Guttman Realty in US. PetroChina International, is also handling the Myanmar investment. Puma Energy, belonging to Swiss trader Trafigura, plans to enter the retail business in Myanmar. The company opened an oil products terminal and storage facility in May 2017.

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PetroChina''s $37B capex budget makes it the world''s most active oil company

China''s quick recovery from Covid-19 means that its demand for oil and gas has fully recovered from the pandemic-induced swoon of early 2020, and President Xi Jinping continues to make energy

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PetroChina to acquire CNPC Electric Energy from parent company

In the first half of 2024, PetroChina''s renewable energy output from wind and solar more than doubled, reaching 2,170 Gigawatt-hours (GWh). External power supply surged 3.5 times to 950 GWh. These figures highlight the company''s commitment to

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PetroChina''s First Large-Scale Hydrogen Project Starts

For PetroChina, this hydrogen energy project is an important step in the development of hydrogen energy and an important layout for gradually expanding its hydrogen energy industry. Oil majors bet on hydrogen. In recent years, with the rapid development of new energy, the hydrogen energy industry has ushered in a wave of development opportunities.

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PetroChina to divest major pipeline, storage assets to PipeChina

PetroChina Co. Ltd. signed an agreement to sell major oil and gas pipelines and storage facilities to China Oil & Gas Pipeline Network Corp., or PipeChina, for 268.7 billion Chinese yuan, Reuters reported July 23. As part of the transaction, PetroChina would get a 30% stake in PipeChina, with the rest of the consideration to be paid in cash.

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Elli enters the industrial energy storage business

Stationary large-scale storage systems are an important component in tomorrow''s energy system. The demand for storage solutions will increase throughout Europe in the coming years, with experts expecting growth by a factor of 100 in Germany alone. Elli will develop and operate energy storage projects on an industrial scale together with partners.

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Sinopec PetroChina Enters Russia: Targeting Sakhalin Island

In the summer of Sakhalin, blue sea, blue sky, and distant mountains and swallows, this beautiful island has become a bridgehead for Chinese oil giants to enter Russia. Under the strong push of the heads of government of the two countries, after long-term negotiations between the two sides, China and Russia finally reached an agreement on Sino

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China: PetroChina Low Carbon Investment

PetroChina Q3 briefing included the annoucement to invest us$1.5bn annually between 2021 & 2025. PetroChina plans to spend about Yuan 10 billion ($1.49 billion) annually in the next five years for low carbon emission transitions as part of the company''s effort to meet Beijing''s call for carbon neutrality by 2050, Wei Fang, Assistant Secretary to the Board & Head

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BP Ties up With PetroChina to Develop Ccus Cluster in

Looney said that CCUS will play a critical role in energy transition especially in industries like power, steel and cement; and CCS technology has the potential to capture more than 90% of CO2 emissions from hydrocarbon energy. The now world increasingly needs lower carbon energy, but also needs energy that is secure and affordable, he said.

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Cheniere and PetroChina Sign Long-Term LNG Sale

PetroChina is engaged in a wide range of activities related to oil, gas and new energy, and sustainably provide energy and oil products for economic and social development. Forward-Looking Statements This press release contains certain statements that may include "forward-looking statements" within the meanings of Section 27A of the

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Eight Long Duration Energy Storage Projects Completed in the

In the first half of 2024, China has successfully completed eight significant long duration energy storage projects, marking substantial progress in the country''s renewable energy and carbon reduction goals. 1. PetroChina''s First Zinc-Bromine Flow Battery Energy Storage

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What is China''s energy storage strategy?

Localities have reiterated the central government''s goal of developing an integrated format of "new energy + storage" (such as "solar + storage"), with a required energy storage allocation rate of between 10% and 20%. China has created an energy storage ecosystem with players throughout the supply chain.

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PetroChina enters PNG''s hydrocarbon industry

PetroChina enters PNG''s hydrocarbon industry by pcAdminPNG April 19, 2024 April 19, 2024. Share this: Click to share on Twitter (Opens in new window) "PetroChina International Co. Ltd, the largest oil and gas producer in the Asian continent and a top 50 company globally, joins sector giants already operating in the country, such as

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China''s Solar-to-Hydrogen Leap: PetroChina''s Ambitious Green Energy

In a remarkable move towards greener energy solutions, China''s largest onshore oil and gas operator, PetroChina, has secured government approval for the construction of a major solar-to-hydrogen project in Gansu province, signaling a momentous step in the country''s pursuit of clean and sustainable energy.

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PetroChina plans to boost renewables output, posts biggest profit

BEIJING, March 31 (Reuters) - China''s largest oil and gas producer, PetroChina, opens new tab, said on Thursday it aimed to have renewable energies make up one third of its

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Can The U.S. Compete With China In The Energy Storage Race?

We wrote that "China is set to become the single biggest energy storage market in the Asia Pacific region by 2024," citing a Wood Mackenzie report that said China was in the midst of a global

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China''s INE adds PetroChina storage as futures warehouse,

SINGAPORE: China''s Shanghai International Energy Exchange (INE) said on Thursday it has added another 1.2 million cubic metres of PetroChina''s storage in the northeastern port of Dalian as delivery tanks for crude oil futures. This brings the exchange''s total warehouse capacity for crude oil futures to 5.9 million cubic metres, or about 37.2 million

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China Almost Quadrupled Its New Energy Storage Capacity in 2023

China almost quadrupled its energy storage capacity from new technologies last year, as the nation works to buttress its rapidly expanding but unreliable renewables sector

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Indonesia – China Committed to Strengthen Cooperation in Energy

PetroChina Indonesia joined China delegation, led by China''s Head of National Energy Agency Mr. Zhang Jianhua, during the 7th Indonesia – China Energy Forum (ICEF) on September 3, 2024, where the two countries vow to increase their mutual partnership. The forum was taken place in Bali and hosted by Indonesia''s Ministry of Energy and

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Petrochina Signs LNG Deal With Malaysia''s Petronas

PetroChina International said it has signed a sales and purchase agreement with Malaysia''s Petronas to buy liquefied natural gas (LNG). The deal, signed on April 17, is the pair''s first medium-to-long-term LNG sales and purchase agreement, PetroChina said in a statement on Tuesday without providing further deal details.

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PetroChina ExxonMobil

PetroChina ExxonMobil - Find the Latest News, Views, Reviews, Comments, Analysis, Updates, Photos & Videos on PetroChina ExxonMobil across Dubai, UAE, Saudi Arabia, Gulf, GCC and Middle East. Explore more on PetroChina ExxonMobil.

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Excelsior Energy Capital | July 30 2024

EXCELSIOR, Minn. -- Business Wire --Excelsior Energy Capital ("Excelsior" or "the firm"), a leading renewable energy infrastructure investor, today announced it has entered into a multiyear agreement with Fluence Energy Inc. (NASDAQ: FLNC), a global provider of energy storage systems, to develop 2.2 GWh of battery energy storage system (BESS) infrastructure in

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PetroChina builds major storage for new south China refinery

SINGAPORE, Sept 2 (Reuters) - PetroChina has finished building a large tank farm for its greenfield refinery and petrochemical complex in southern China''s province of Guangdong, the...

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PetroChina aims for renewables to account for third of energy

He added that PetroChina plans to add renewable energy production capacity of 3.45 million tonnes of coal equivalent in 2021, and has increased heating space covered by

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How are Shell and PetroChina Further Investing in Australia?

Phase 2 of the Surat Gas Project. Announced by Shell and PetroChina, the SGP will begin to develop its second phase. As part of an existing 27-year gas sales agreement between Arrow Energy and GQC, the gas from the project will flow to the Shell-operated QCLNG facility on Curtis Island to meet long-term contracts and supply domestic customers.

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About Petrochina enters energy storage

About Petrochina enters energy storage

As the photovoltaic (PV) industry continues to evolve, advancements in Petrochina enters energy storage have become critical to optimizing the utilization of renewable energy sources. From innovative battery technologies to intelligent energy management systems, these solutions are transforming the way we store and distribute solar-generated electricity.

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By interacting with our online customer service, you'll gain a deep understanding of the various Petrochina enters energy storage featured in our extensive catalog, such as high-efficiency storage batteries and intelligent energy management systems, and how they work together to provide a stable and reliable power supply for your PV projects.

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