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Ukraine state oil and gas company signs $3.656B credit agreement with China Development Bank to finance substituting natural gas with coal

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The Ukraine state oil and gas company Naftogaz signed a US$3.656-billion credit agreement with the state-owned China Development Bank to finance the program of substituting natural gas with locally produced coal. billion annually and stimulate the production of 10 million tons of domestic coal per year.

Ukraine 236
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Haldor Topsoe and Yanchang form joint venture and build methanol catalyst facility in China

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Haldor Topsoe and Shaanxi Yanchang Petroleum have formed a joint venture with the aim of delivering locally produced MK-151+ methanol synthesis catalysts to the Chinese market. The joint venture will secure fast delivery to local customers, who demand high-performance catalysts for energy-efficient methanol production.

China 243
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Chinas Guizhou province proposes $11.3B coal-to-oil plant

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36 million barrels, depending upon output product) coal-to-oil project using domestically developed indirect coal liquefaction technology approved by the National Energy Administration earlier this year. State-owned Shenhua Group Corp—the country’s largest coal miner and parent of China Shenhua Energy Co Ltd.—has

Coal 186
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Aramco, Shandong Energy to collaborate on downstream projects in China; cooperation across H2, renewables and carbon capture technologies

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The Saudi Arabian Oil Company (Aramco), one of the world’s leading integrated energy and chemicals companies, and Shandong Energy Group, are exploring collaboration on integrated refining and petrochemical opportunities in China. Shandong Energy Group is the third-largest coal mining group in China in terms of production volume.

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China team optimizes catalytic hydrogenation process to convert coal tar to gasoline and diesel

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Flow diagram of coal tar hydrogenation process. Researchers in China report the production of gasoline and diesel from coal tar via an optimized catalytic hydrogenation using two serial fixed beds, the first with a hydrofining catalyst of MoNi/?-Al million tons of coal tar was further processed. Credit: ACS, Kan et al.

Coal 244
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Wood Mackenzie: China thermal coal demand to double to nearly 7btpa by 2030

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In a new report, energy, mining and minerals consultancy Wood Mackenzie projects that despite efforts to limit coal consumption and seek alternative fuel options, China’s strong appetite for thermal coal will lead to a doubling of demand by 2030. It is very unlikely that demand for thermal coal in China will peak before 2030.

Coal 218
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Lux Research provides snapshot of oil majors’ investments in alternative fuels; BP leads investment frequency

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Lux Research has investigated the trends of corporate financing of alternative fuels from oil majors, based on a non-exhaustive database of more than 1,000 deals and partnership engagements from 2000 through September, 2014. Valero has a strong focus on drop-in fuel production either by bioconversion or catalysis.