U.S. aircraft maker Boeing has said that it will to invest USD500,000 each year over the next five years in its aviation biofuel research center in Qingdao.

Boeing, China National Petroleum Corporation, and representatives from China's National Energy Administration and aviation industry have jointly signed a memorandum of understanding on evaluating the possible benefits of a sustainable aviation biofuel industry in China to the environment and the social economy.

Global petroleum company Total says that its talks with China National Offshore Oil Corp, one of the largest offshore oil companies in China, on liquid natural gas has entered its final stages and it expected that a final deal will be signed soon.

PetroChina International, a wholly-owned subsidiary of the China National Petroleum Corporation, has signed a liquid natural gas supply deal with Shell.

PetroChina Company Limited's first clean development mechanism project — a nitrous oxide decomposition project by Liaoyang Petrochemical Company has been approved by the United Nations CDM Executive Board, and the first 994,800 tons of carbon indicators have been approved for trading.

The Second National Environmentally-friendly Project Awards Assembly and the Thirteenth Green China Forum were held recently in Beijing's Great Hall of People where ten projects were each named an official National Environmentally-Friendly Project.