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Sinopec stalls petrochemical build-up as U.S. competition grows

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】

2014-04-29

Commodities trading outlook: natural gas and crude oil futures

Todays 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】

2014-04-28

Infrastructure projects set to boost growth

China 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】

2014-04-25

Range Resources maintains focus on Trinidad oil assets

Range 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】

2014-04-24

PetroChina Joins Sinopec to Making Bullish Shale Gas Targets

PetroChina 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】

2014-04-23

PetroChina to produce 2.6bn bcm shale gas

PetroChina, 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】

2014-04-22

Douglas Westwood : DW Monday: Are China's Shale gas plays finally gaining momentum?

China 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】

2014-04-21

China's developing gas-fired CHP market

The 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】

2014-04-18

China could rapidly develop its unconventional resources

While 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】

2014-04-17

Russia- China gas talks nearing completion

Gazproms 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