Chinas top refiner Sinopec Corp is scaling back billions of dollars in petrochemical investments in the face of growing U.S. competition in the sector and rising local opposition to oil and gas plants over environmental concerns. The slowdo......【More】
2014-04-29Todays European trading session saw West Texas Intermediate and Brent both claw their way up from last sessions losses on the bearish US supplies report, with firm support coming from Ukraine. Meanwhile, natural gas kept earlier gains on re......【More】
2014-04-28China announced 80 major public infrastructure projects on Wednesday to reverse the economys slowdown while experimenting with wider access for private and overseas investors. The decision was made at a State Council executive meeting with......【More】
2014-04-25Range Resources is continuing efforts to build up its onshore Trinidad oil assets and has signed a memorandum of understanding with one of Chinas largest listed oil service companies for a strategic alliance. The fourth rig in the companys......【More】
2014-04-24PetroChina Co. and China Petroleum Chemical Corp., the nations top two energy producers, have announced shale gas production targets for next year that would exceed the governments forecast. PetroChina Co., the nations largest energy produc......【More】
2014-04-23PetroChina, Asias largest oil and gas producer, said on Monday it plans to produce 2.6 billion cubic meters of shale gas in 2015 to feed to growing energy demands of the worlds second largest economy. Sun Longde, the companys vice president......【More】
2014-04-22China introduced its Shale Gas Development Plan (2011-2015) with targets to produce 6.5 bcf of shale gas production by 2015 and expand production to 60-100 bcm by 2020 - a minimum of 56% growth in production year-on-year. This would require......【More】
2014-04-21The power environment in China is ripe for a bright combined heat and power (CHP) market, which will open doors for foreign gas turbine manufacturers and private investors, writes Dr. Suqing Wang. Despite Chinas relative slowdown in economi......【More】
2014-04-18While overall well counts in China have remained relatively steady, the share of hydraulically fractured wells has nearly doubled. China has seen a surge of unconventional oil and gas activity in recent years, resulting in a dramatic increa......【More】
2014-04-17Gazproms contract on supplies of Russian gas to China would be finalized by the upcoming visit to China by Russian President Vladimir Putin, due in May, Deputy Prime Minister Arkady Dvorkovich said at a session chaired by Prime Minister Dmi......【More】
2014-04-16