[BP and Zhejiang Energy Group's Natural Gas Market in China] On May 31, 2023, BP officially signed a joint venture contract with Zhejiang Energy Group's natural gas group and its holding companies to jointly establish a liquefied natural gas trading company to sell LNG through tank truck transportation. This is the first collaboration between BP and Zhejiang Energy Natural Gas. This joint venture is BP's third tank truck LNG trading and sales company in China, with the other two being Shenzhen Dapeng Liquefied Natural Gas Sales Co., Ltd. and Xinying Energy Trading Co., Ltd. Editor/Ma Xue
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  • 2026.09.16 10:47
  • [Energy production situation in August 2026]
  • The National Bureau of Statistics released the energy production situation for August 2026. In August, the decline in raw coal production in large-scale industries narrowed, crude oil production steadily increased, natural gas production shifted from decline to increase, and electricity production remained stable. In August, the production of industrial raw coal above designated size was 360 million tons, a year-on-year decrease of 7.7%; The production of industrial crude oil above designated size was 18.43 million tons, a year-on-year increase of 0.8%; The natural gas production of industrial enterprises above designated size was 21.4 billion cubic meters, a year-on-year increase of 0.8%; The industrial power generation capacity above designated size was 943.8 billion kilowatt hours, a year-on-year decrease of 0.8%.Editor/Cheng Liting
  • 2026.09.16 10:45
  • [The cumulative trading volume of China's carbon market exceeds 900 million tons]
  • The 2026 China Carbon Market Conference will be held in Wuhan, Hubei, and the National Carbon Market Development Report (2026) will be released at the conference. As of the end of August, the national carbon emission trading market has accumulated over 900 million tons of transactions, with a turnover of over 60 billion yuan. The national carbon market has grown from scratch and played an important role in promoting the achievement of carbon peak and carbon neutrality goals. Editor/Cheng Liting
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