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Taiwan is preparing for the age of high oil prices, and is proactively developing clean energy, such as solar and wind power and biofuels. The efforts would help reduce Taiwan's reliance on imported oil, while contributing to the reduction of greenhouse gases. The government aims for renewable energy to account for 15% of the nation's energy by ...
CPC was founded on 1 June 1946 in Shanghai as Chinese Petroleum Corporation (中國石油) by the government of the Republic of China (ROC, then on Mainland China). With the Kuomintang 's retreat to Taiwan after the Chinese Civil War , CPC was transferred from the Council of Resources to the Ministry of Economic Affairs .
Li Zhaoxing, Chinese Foreign Minister at the time, issued a public apology to Russia due to the incident. [71] The Chinese press responded harshly to the authorities' response to the disaster. [72] Another gas pipeline exploded on 20 January 2006 in Sichuan. Reportedly, nine were killed and nearly 40 injured. [73]
Saudi energy giant Aramco, the world’s largest integrated oil and gas company, ... As part of the deal, it would supply 480,000 barrels per day of crude oil to the Chinese company.
Taiwan's economy ministry said in a statement that the state-run energy company CPC is "indeed quite interested in Alaska's natural gas and will continue to assess the feasibility and is also ...
By 1993, internal demand for oil exceeded domestic production, and China became a net oil importer. [10] China became dependent on imported oil for the first time in its history in 1993 due to demand rising faster than domestic production. [4] In 2006, it imported 145 million tons of crude oil, accounting for 47% of its total oil consumption.
Top 5 oil-producing countries 1980–2022 World oil production. This is a list of countries by oil production (i.e., petroleum production), as compiled from the U.S. Energy Information Administration database for calendar year 2023, tabulating all countries on a comparable best-estimate basis.
China's dependence on foreign oil weakens its ability to pressure Taiwan, since a conflict may trigger a US oil embargo as a consequence. [25] Since Sudan is pro-Chinese and Chad was pro-Taiwan (and an oil producer since 2003), China had an interest in replacing Chad's president Idriss Déby with a pro-Chinese leader. The FUC Chad rebellion ...