Winter Storm Fern Triggers Eastern U.S. Power Crisis as Demand Soars
Winter Storm Fern causes widespread power outages and record electricity prices across the Eastern U.S., straining grids and disrupting supply chains.
Natural Gas
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China’s Deep Sea No. 1 Phase II Gas Field Now Operational, Boosting Energy Capacity
China’s independently developed ultra-deepwater gas field, Deep Sea No. 1 Phase II, is now operational off the coast of Hainan, marking a significant advancement in China’s energy development capabilities.
Mega Gas Field in China’s Bohai Sea Produces Over 1 Billion Cubic Meters of Natural Gas
China’s Bozhong 19-6 Condensate Gas Field in the Bohai Sea has surpassed 1 billion cubic meters of natural gas production, strengthening clean energy supply to the Beijing-Tianjin-Hebei and Bohai Rim regions.
China’s Marine Economy Grows 5.6% in H1, Surpassing Overall Growth
China’s marine economy grew by 5.6% in the first half of the year, reaching 4.9 trillion yuan, outpacing overall economic growth, according to the Ministry of Natural Resources.
China’s Deep Sea No.1 Gas Field Achieves Record Output
China’s Deep Sea No.1 gas field has produced over 8 billion cubic meters of natural gas since 2021, marking a significant achievement in the nation’s deepwater energy exploration.
Tarim Basin Expands Gas Supply with New Wells and Processing Plant
Xinjiang’s Tarim Basin enhances natural gas supply with 12 new wells and a processing plant, boosting daily capacity and connecting resources to eastern China via a 4,000-kilometer pipeline.
China’s Tarim Oilfield Boosts Natural Gas Capacity with 14 Ultra-Deep Wells
China’s Tarim Oilfield has increased natural gas capacity by adding 14 ultra-deep wells, supplying over one billion cubic meters to the West-to-East pipelines.
Kazakhstan-China Gas Pipeline Fuels Regional Energy Cooperation
Kazakhstan’s 1,500-kilometer natural gas pipeline connects with China’s network, enhancing regional energy cooperation and supplying gas to major Chinese cities like Shanghai and Hong Kong.