SUBSCRIBE
PROFILE

CETY: significant natural gas sales in China

Clean Energy Technologies announces a sale of 6.65 million cubic meters of natural gas in China. The company is adjusting its strategy to better manage market risk and focus on a stable business.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

SUBSCRIBE - 99$/year

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Clean Energy Technologies, Inc(CETY) announced the sale of 6.65 million cubic meters of natural gas (NG) in China for the first quarter of 2023. This represents approximately $2.5 million in sales.

Clean Energy Technologies secures major natural gas sales in China to meet growing demand

The demand for NG in China is expected to continue to grow, despite price fluctuations in the market. This increase is possible thanks to the economic recovery and the economic growth target set by the Chinese government for 2023.

To better manage market risk, Clean Energy Technologies is adjusting its natural gas strategy. It then focuses on a stable, high-volume pipeline natural gas (PNG) business. And don’t bet on an opportunistic low-volume business with higher margins in liquefied natural gas(LNG) or compressed natural gas (CNG). CETY expects continued growth in natural gas demand in China. He is currently looking to secure major contracts for the remainder of the year.

Clean Energy Technologies’ innovative solutions for clean energy production

Clean Energy Technologies is a clean energy manufacturing and services company based in Costa Mesa, California. It offers recyclable energy solutions, clean fuels and alternative electricity for small and medium-sized projects in North America, Europe and Asia.

The company’s main products are waste heat recovery solutions using its patented Clean Cycle TM generator. To be able to produce electricity and waste-to-energy solutions. Clean Energy Technologies also provides engineering, consulting and project management solutions to develop clean energy projects for municipal and industrial clients as well as engineering, procurement and construction (EPC) companies.

CETY’s natural gas trading operations in China aim to source and supply natural gas to industries and municipalities located in China. CETY’s common stock is listed on the Nasdaq Capital Market under the symbol CETY.

  • Popular on energynews.pro
Sun Village connects its first BESS unit and strengthens partnership with Marubeni
Oman bets on cobalt and nickel catalysts to boost green hydrogen
Egypt and UAE join forces to connect electricity to Europe
Jordan confirms its ability to supply Lebanon with energy via interconnections
Nigeria targets $23bn to expand electricity access by 2060
EDF considers targeted asset sales to boost financial flexibility
EDF confirms it is exploring capital openings and calls for strict investment prioritisation, facing €54.3bn ($57.5bn) in debt and massive funding needs by 2040.
ReNew receives revised $8.15 per share bid led by Masdar and ADIA
A consortium led by Masdar and CPP Investments proposes to acquire all of ReNew at $8.15 per share, representing a 15.3% increase over the initial offer.
Huawei bets on grid-forming technology to consolidate ASEAN energy market
In Kuala Lumpur, Huawei Digital Power unveiled its grid-forming technologies, positioned as a strategic lever to strengthen power interconnections and accelerate energy market development across ASEAN.
Voltalia and IFC join forces to electrify Africa’s mining sector with renewable solutions
Voltalia has entered a strategic partnership with IFC to develop tailored renewable energy projects for the mining sector across several African countries.
World Bank strengthens support for Ghana’s struggling energy sector
Ghana will receive increased backing from the World Bank to stabilise its electricity grid, as the country faces more than $3.1bn in energy debt.
Repsol deploys intelligent agent platform to automate workflows
Repsol has launched a pilot platform of AI multi-agents, developed with Accenture, to transform internal organisation and improve team productivity.
ABB boosted by data centre demand and beats forecasts
ABB recorded double-digit growth in sales of equipment for data centres, contributing to a 28% increase in net profit in the third quarter, surpassing market expectations.
Infinis secures £391mn funding to accelerate renewable energy portfolio expansion
UK power producer Infinis has secured a £391mn ($476mn) banking agreement to support the next phase of its solar and energy storage development projects.
Julien Hueber appointed Chief Executive Officer of Nexans to succeed Christopher Guérin
The Nexans Board of Directors has officially appointed Julien Hueber as Chief Executive Officer, ending Christopher Guérin’s seven-year tenure at the helm of the industrial group.
JP Morgan Chase commits $1.5 trillion to critical minerals and industrial resilience
JP Morgan Chase has launched a $1.5 trillion, ten-year investment initiative targeting critical minerals, defence technologies and strategic supply chains across the United States.
African nations focus on local processing to boost critical minerals value
Amid rising global demand for low-carbon technologies, several African countries are launching a regional industrial strategy centred on domestic processing of critical minerals.
Maersk and CATL enter global strategic partnership for energy logistics
Maersk and CATL have signed a strategic memorandum of understanding to strengthen global logistics cooperation and develop large-scale electrification solutions across the supply chain.
Bercy veto blocks ABB’s attempt to acquire Legrand
ABB made several attempts to acquire Legrand, but the French government opposed the deal, citing strategic concerns linked to data centres.
Aramco takes control of Petro Rabigh with $702 million acquisition
Aramco becomes Petro Rabigh's majority shareholder after purchasing a 22.5% stake from Sumitomo, consolidating its downstream strategy and supporting the industrial transformation of the Saudi petrochemical complex.
Chevron opens new tech hub in Bengaluru to support global projects
Chevron India expands its capabilities with a 312,000 sq. ft. engineering centre in Bengaluru, designed to support its global operations through artificial intelligence and local technical expertise.
Ineos cuts 60 jobs in the UK and calls for antidumping duties
Amid rising energy costs and a surge in cheap imports, Ineos announces a 20% workforce reduction at its Hull acetyls site and urges urgent action against foreign competition.
Mining mergers in Africa: groups strengthen their position on critical metals
Driven by growing demand for strategic metals, mining mergers and acquisitions in Africa are accelerating, consolidating local players while exposing them to a more complex legal and regulatory environment.
Ares Management acquires 49% stake in US energy portfolio from EDPR
Ares Management has acquired a 49% stake in ten energy assets held by EDP Renováveis in the United States, with an enterprise value estimated at $2.9bn.
Ameresco signs $197mn contract to modernise NRL’s energy infrastructure
Ameresco secured a $197mn contract with the U.S. Naval Research Laboratory to upgrade its energy systems across two strategic sites, with projected savings of $362mn over 21 years.
Enerflex to release Q3 results on November 6 before markets open
Enerflex Ltd. announced it will release its financial results for Q3 2025 before markets open on November 6, alongside a conference call for investors and analysts.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

START - 99$/year

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.