Latest news with #CNPC

Business Insider
24-05-2025
- Business
- Business Insider
Junta-led Niger plans to reduce Chinese oil workforce
Niger's junta-led government has requested the departure of several Chinese nationals working on oil projects, a move expected to impact dozens of employees and further strain relations with Beijing. Oil Minister Sahabi Oumarou instructed the China National Petroleum Corporation (CNPC) and its joint venture refinery, SORAZ, to terminate contracts of expatriate employees who have been in the country for over four years, Reuters reported. In a letter dated May 21 to SORAZ, Oumarou signalled some flexibility, noting that exceptions could be made depending on the importance of specific staff. Departure decisions, he said, would be evaluated on a case-by-case basis. However, in an earlier letter to CNPC dated May 20, Oumarou declined a request for a private meeting with the company's CEO and accused CNPC of not complying with local laws. This follows a March decision by Niger's military government to expel three senior Chinese executives from the country's oil sector. The officials, who held key roles at CNPC, the West African Oil Pipeline Company (WAPCo), and the SORAZ refinery, were removed amid tensions over wage gaps between foreign staff and their lower-paid local counterparts. Since the expulsions, CNPC has been seeking to open dialogue with Nigerien authorities, but tensions remain high. West African militaries assert resource sovereignty Military-led governments across West Africa are increasingly asserting control over their natural resources in a bid to boost local employment and claim a greater share of resource profits. In Niger, the junta has taken several bold steps since seizing power, including scrapping military cooperation agreements with the U.S. and France and taking control of the Somair uranium mine previously operated by French nuclear company Orano. Similar developments have unfolded in neighbouring Mali and Burkina Faso, where military regimes have turned to legal and regulatory tools to consolidate power over valuable commodities like gold.


Reuters
23-05-2025
- Business
- Reuters
Niger plans to cut Chinese oil workers, documents show
NIAMEY, May 23 (Reuters) - Niger has asked that some Chinese employees working on oil projects leave the country, documents seen by Reuters on Friday showed, a move that could affect dozens and further strain bilateral ties. Similar to other West African countries, junta-led Niger has been trying to assert greater control over its natural resources and promote local employment. Oil minister Sahabi Oumarou has asked the China National Petroleum Corporation (CNPC) and its refinery SORAZ to terminate the contracts of expatriates who have been working in Niger for more than four years, two letters showed. In a letter to SORAZ dated May 21, Oumarou indicated there would be some flexibility, saying he understood the need to keep certain employees in the country and that departure decisions would be made on a case-by-case basis. Yet in a separate letter to CNPC, dated May 20, Oumarou said he would decline a private meeting with the company's CEO who had asked to discuss tensions between the two sides. In that letter, Oumarou also accused CNPC of non-compliance with local regulations. The Chinese foreign ministry didn't immediately reply to a Reuters' request for comment. In March, Niger expelled three Chinese oil executives in a dispute over disparities between the salaries of expatriate staff and lower-paid local workers. Following the executives' dismissal, CNPC's top officials have been trying to meet with the government for negotiations, a source close to the company said. If the decision described in the May 20 and May 21 letters is applied, dozens of Chinese workers will have to go home, the source said.


Qatar Tribune
23-05-2025
- Business
- Qatar Tribune
Kaabi meets with senior executives of Chinese energy firms
Minister of State for Energy Affairs and President and CEO of QatarEnergy HE Saad Sherida Al Kaabi held cooperation talks with senior executives of major Chinese energy companies on the sidelines of the World Gas Conference in Beijing. Minister Al Kaabi met separately with DAI Houliang, chairman of China National Petroleum Corp (CNPC), ZHOU Xinhuai, president of China National Offshore Oil Corporation (CNOOC), and MA Yongsheng, chairman of China Petroleum & Chemical Corporation (Sinopec). Discussions during the three meetings focused on strengthening existing and future cooperation and bilateral relations in the energy sector. The minister was accompanied during the meetings by a high-level delegation.


Malay Mail
20-05-2025
- Business
- Malay Mail
Energizing a Sustainable Future: The 29th World Gas Conference Opens in Beijing
Energizing a Sustainable Future: The 29th World Gas Conference Opens in Beijing BEIJING, CHINA - Media OutReach Newswire - 20 May 2025 - On the morning of May 20, the 29th World Gas Conference (WGC2025) opened at the China National Convention Center in Beijing. This marks the first time in the nearly 100-year history of the World Gas Conference that the event is being held in China. As one of the three flagship events of the International Gas Union (IGU), this year's conference is themed "Energizing a Sustainable Future." It has brought together more than 3,000 delegates from 70 countries and regions around the world to engage in in-depth discussions and consensus-building on global energy transition, the development of the natural gas industry, and pathways to a sustainable opening ceremony was chaired by Mr. Cao Yujun, Chair of the National Organizing Committee (NOC). Speeches were delivered by Li Yalan, President of the International Gas Union; Yin Yong, Mayor of Beijing; Wan Jinsong, Deputy Director of the National Energy Administration; Patrick Pouyanné, Chairman and CEO of TotalEnergies; and Dai Houliang, Chairman of China National Petroleum Corporation (CNPC).Li Yalan, emphasized that amid multiple global challenges such as climate change, energy security, and geopolitical tensions, natural gas — with its advantages of abundant reserves, cleanliness, efficiency, and cost-effectiveness — is becoming an indispensable pillar of the global energy mix. She noted that China, as the world's largest importer of natural gas and LNG, is drawing growing international attention for its development model. In particular, she highlighted how Beijing has leveraged natural gas to significantly improve air quality, offering a replicable model for other developing Yong stated that Beijing firmly implements the country's new energy security strategy and continues to promote the green and low-carbon transformation of the energy structure. Currently, natural gas accounts for more than 35% of Beijing's energy consumption. Through initiatives such as coal-to-gas conversion, the city has achieved a more than 60% reduction in average annual PM2.5 concentrations and nearly a 50% decrease in carbon intensity over the past decade. He reaffirmed Beijing's commitment to opening up and deepening international energy cooperation while promoting sustainable urban Jinsong noted that China's energy production and consumption continue to grow, with increasingly robust infrastructure and a nationwide unified gas network essentially completed. He emphasized significant improvements in natural gas dispatching and emergency response capacity. He said breakthroughs were seen in deep-earth, deep-sea, and unconventional resource development, helping boost output of natural gas. Wan proposed four key initiatives: enhancing supply capabilities to serve global public welfare, prioritizing ecology in green development, empowering the energy system through digital transformation, and improving governance via multilateral cooperation. He called for continued openness and win–win collaboration to jointly build a secure, efficient, clean, and low-carbon global energy Pouyanné highlighted TotalEnergies' efforts to maintain its leadership in the conventional oil and gas market while actively participating in the global energy transition. He reiterated TotalEnergies' commitment to achieving net-zero emissions by 2050 and to furthering international cooperation to build a diversified, clean, secure, and sustainable energy Houliang introduced CNPC's recent breakthroughs in deep oil and gas exploration, including the successful completion of a 10,000-meter ultra-deep drilling mission and continuous progress in unconventional resource development. As Asia's largest and the world's second-largest energy company, CNPC plays a key role in safeguarding national energy security and consistently undertakes critical supply missions during peak winter and summer periods. He stressed CNPC's unwavering commitment to green transition, accelerating the integration of oil, gas, and new energy, and building a synergistic, multi-energy system. As the only Chinese member of the Oil and Gas Climate Initiative (OGCI), CNPC will continue to actively participate in global climate governance, contribute to China's carbon peak and carbon neutrality goals, and help extend the benefits of green development to more countries, clients, and communities, he the speeches, Mr. Cao Yujun, Chair of the NOC, invited Yin Li, Secretary of the Beijing Municipal Committee of the CPC; Yin Yong, Mayor of Beijing; Li Yalan, President of the IGU; Wan Jinsong, Deputy Director of the National Energy Administration; Li Xiaolong, Vice Minister of Housing and Urban-Rural Development; Dai Houliang, Chairman of CNPC; and Patrick Pouyanné, Chairman and CEO of TotalEnergies, to jointly inaugurate the opening ceremony. As the countdown reached zero, the main screen lit up with the words "WGC2025 Officially Opens," and the venue erupted in enthusiastic applause—marking the official launch of the 29th World Gas to schedule, WGC2025 will feature more than 80 high-level forums covering topics such as LNG development, natural gas and renewable energy integration, energy security, and digital transformation. More than 400 distinguished guests will engage in deep dialogue on industry trends and technological innovation. The concurrent exhibition spans 50,000 square meters — the largest in the event's history — and is expected to attract more than 30,000 professional visitors from China and 29th World Gas Conference (WGC2025) is presented by the International Gas Union, hosted by Beijing Gas Group, and exclusively organized by Capital Convention & Exhibition Group. The issuer is solely responsible for the content of this announcement.


Arabian Post
20-05-2025
- Business
- Arabian Post
Energizing a Sustainable Future: The 29th World Gas Conference Opens in Beijing
Energizing a Sustainable Future: The 29th World Gas Conference Opens in Beijing The opening ceremony was chaired by Mr. Cao Yujun, Chair of the National Organizing Committee (NOC). Speeches were delivered by Li Yalan, President of the International Gas Union; Yin Yong, Mayor of Beijing; Wan Jinsong, Deputy Director of the National Energy Administration; Patrick Pouyanné, Chairman and CEO of TotalEnergies; and Dai Houliang, Chairman of China National Petroleum Corporation (CNPC). Li Yalan, emphasized that amid multiple global challenges such as climate change, energy security, and geopolitical tensions, natural gas — with its advantages of abundant reserves, cleanliness, efficiency, and cost-effectiveness — is becoming an indispensable pillar of the global energy mix. She noted that China, as the world's largest importer of natural gas and LNG, is drawing growing international attention for its development model. In particular, she highlighted how Beijing has leveraged natural gas to significantly improve air quality, offering a replicable model for other developing countries. Yin Yong stated that Beijing firmly implements the country's new energy security strategy and continues to promote the green and low-carbon transformation of the energy structure. Currently, natural gas accounts for more than 35% of Beijing's energy consumption. Through initiatives such as coal-to-gas conversion, the city has achieved a more than 60% reduction in average annual PM2.5 concentrations and nearly a 50% decrease in carbon intensity over the past decade. He reaffirmed Beijing's commitment to opening up and deepening international energy cooperation while promoting sustainable urban development. Wan Jinsong noted that China's energy production and consumption continue to grow, with increasingly robust infrastructure and a nationwide unified gas network essentially completed. He emphasized significant improvements in natural gas dispatching and emergency response capacity. He said breakthroughs were seen in deep-earth, deep-sea, and unconventional resource development, helping boost output of natural gas. Wan proposed four key initiatives: enhancing supply capabilities to serve global public welfare, prioritizing ecology in green development, empowering the energy system through digital transformation, and improving governance via multilateral cooperation. He called for continued openness and win–win collaboration to jointly build a secure, efficient, clean, and low-carbon global energy system. Patrick Pouyanné highlighted TotalEnergies' efforts to maintain its leadership in the conventional oil and gas market while actively participating in the global energy transition. He reiterated TotalEnergies' commitment to achieving net-zero emissions by 2050 and to furthering international cooperation to build a diversified, clean, secure, and sustainable energy future. Dai Houliang introduced CNPC's recent breakthroughs in deep oil and gas exploration, including the successful completion of a 10,000-meter ultra-deep drilling mission and continuous progress in unconventional resource development. As Asia's largest and the world's second-largest energy company, CNPC plays a key role in safeguarding national energy security and consistently undertakes critical supply missions during peak winter and summer periods. He stressed CNPC's unwavering commitment to green transition, accelerating the integration of oil, gas, and new energy, and building a synergistic, multi-energy system. As the only Chinese member of the Oil and Gas Climate Initiative (OGCI), CNPC will continue to actively participate in global climate governance, contribute to China's carbon peak and carbon neutrality goals, and help extend the benefits of green development to more countries, clients, and communities, he said. Following the speeches, Mr. Cao Yujun, Chair of the NOC, invited Yin Li, Secretary of the Beijing Municipal Committee of the CPC; Yin Yong, Mayor of Beijing; Li Yalan, President of the IGU; Wan Jinsong, Deputy Director of the National Energy Administration; Li Xiaolong, Vice Minister of Housing and Urban-Rural Development; Dai Houliang, Chairman of CNPC; and Patrick Pouyanné, Chairman and CEO of TotalEnergies, to jointly inaugurate the opening ceremony. As the countdown reached zero, the main screen lit up with the words 'WGC2025 Officially Opens,' and the venue erupted in enthusiastic applause—marking the official launch of the 29th World Gas Conference. According to schedule, WGC2025 will feature more than 80 high-level forums covering topics such as LNG development, natural gas and renewable energy integration, energy security, and digital transformation. More than 400 distinguished guests will engage in deep dialogue on industry trends and technological innovation. The concurrent exhibition spans 50,000 square meters — the largest in the event's history — and is expected to attract more than 30,000 professional visitors from China and abroad. The 29th World Gas Conference (WGC2025) is presented by the International Gas Union, hosted by Beijing Gas Group, and exclusively organized by Capital Convention & Exhibition Group. The issuer is solely responsible for the content of this announcement.