Industry News

Primary Development Directions of Chinese Valve Industry

China is a valve manufacturing power. Promoted by industrialization, urbanization, reformation and globalization, Chinese valve industry still has a wide prospect. In the future, high-end, localization and modernization will be the primary development directions of Chinese valve industry. At presen...

Gas Supply to China through the Western Line Expanded

On September 17, Miller, the CEO of Gazprom said that Russia had already negotiated with China for gas supply through the Western Line and discussed the possibility of expanding the quantity of gas supply.   On that day when Miller reported Putin, the Russian President, he stated that Russi...

Butterfly Valve Increasing Influence

Global economic integration and modernization of demands mean that business model and service destination of enterprises change. Survival environment of enterprises also has changed. Enterprise should not only concern about variation of economic environment, bust also consider variation of politic...

Foreign Corporations Not to Purchase Kurds Petroleum

On June 1, Iraqi Oil Ministry warned that foreign corporations should not buy petroleum from an oiler, considering those petroleum was exported from Kurdish Autonomous Region arbitrarily. Iraq also claimed that it would take legal action to foreign corporations which purchase the petroleum. &nbs...

Anti-China Protest for Oil Rig in Vietnam

Vietnam allowed several hundred demonstrators to stage a anti-China protest outside the Chinese Embassy in Hanoi on Sunday against Beijing's deployment of an oil rig in the contested South China Sea that has triggered a tense standoff and raised fears of confrontation.   The country&#...

Nigerian President Appealed to Increasing Gas Supply

It is reported that recently, Jonathan, Nigerian President appealed to increasing gas supply, because insufficient gas has already raised the costs of manufacturers and threatened the policy that the government controls prices. In Nigeria, gas is main fuel used to generate electricity by most of e...

The Future Core Competitiveness of Valve Manufacturers

On current valve market, all of famous valve manufacturers have their own brands. They have formed matched complete system including production, publicity, sales and after-sales service. The advantages of brands have been formed. Nevertheless, valve market shares mostly focus on these brands. &n...

Mongolia Expects to Sign Gas Supply Contract with China

It is reported that Mongolia is seeking for signing gas contract with China in August which will expand energy supply in China, the second largest economic entity in the world and reinvigorate foreign investments in Mongolia.   Recently, when Erdenebulgan Oyun, the vice minister of Ministry...

Speed up Geothermal Energy Development and Utilization

Geothermal resource is a renewable clean energy. The amount of Chinese geothermal resource accounts for 1/6 in the world. Liu Qi, the Vice Director of the National Energy Administration, said in China’s first geothermal forum held on 25th, that our utilization and exploitation of geothermal ...

Canadian Government Approved Northern Gateway Oil Pipeline

On June 17th, Canadian government approved to build a new oil pipeline named as Northern Gateway from oil fields in northwest of Canada to Canadian coast in order to export oil to countries in Asian-pacific areas, mainly to China.   Currently, ally of oil exploited in Canada are supplied to...