The UK government believes there is much greater opportunity in developing the North Sea's remaining oil and gas resources than in the fledgling onshore shale gas sector, and plans to implement speedily recommendations laid out in a final ...
Tags: Shale Gas, North Sea Investment
Russia's largest oil producer, Rosneft, and petrochemical company Sibur Friday reached an agreement under which the oil producer will sell its 49% stake in a gas processing joint venture to Sibur and guarantee supply of up to 10 billion ...
Tags: Rosneft, Gas, oil producer
Russia's state-owned Rosneft and China National Petroleum Corporation are in talks over upstream co-operation in Russia, including the Arctic and Far Eastern territories, and could reach concrete agreements by May, Rosneft CEO Igor Sechin ...
Tags: Rosneft, Upstream Pact
Cost control and the changing face of competition from natural gas emerged as major themes facing the coal industry as the CoalTrans USA conference wrapped up Friday in Miami. While long-term forecasts for US coal production split between ...
Tags: Cost Control, Natural Gas
Supply offers nation more import sources, enhances energy security Energy-rich Russia has started delivering crude oil to China as of the beginning of the year after the contract signed between the two countries last June, which will ...
Tags: Oil, energy security
Gazprom expects to sign a long-awaited gas supply contract with China National Petroleum Corp during the planned visit of Russian President Vladimir Putin to China in May, despite the ongoing failure of the two sides to agree on a price for ...
Tags: Gas Supply, China's CNPC
Markets for use of natural gas as a transportation fuel and to power industrial equipment are poised to take off in the next few years, the head of Encana said in Houston on Tuesday. "We at Encana believe that natural gas creates an ...
Tags: Natural Gas, transportation fuel
The natural gas distribution companies serving the Northeast U.S. met near-record demand for natural gas in the period from January 2 to 8, 2014. The extreme cold weather throughout the Northeast (as well as much of the U.S. and Canada) ...
Environmentalists hoping that oil production will peak in 2014 will be disappointed. New supplies will comfortably outstrip fresh demand, preventing prices from rising. Countries leading the way will include Brazil, Iraq, America and ...
Tags: oil production, Energy
US propane and propylene stocks are 31% under were they stood in 2012 on increasing exports, cold weather and changing infrastructure, Energy Information Administration data released Friday showed. The stocks fell 2.51 million barrels to ...
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company's Management Committee and Rovnag Abdullayev, President of the State Oil Company of the Azerbaijan Republic (SOCAR). The meeting ...
Nation seeks to reduce use of fossil fuels in move to improve air quality China's dependency on natural gas imports will continue to increase as the country is trying to reduce its fossil fuel consumption and improve air quality, experts ...
Tags: Natural Gas
Top Azerbaijani,EU and US officials and members of the Shah Deniz consortium gathered in Baku on Tuesday to celebrate a major milestone in the development of a new energy corridor that will connect Caspian natural gas to Europe and provide ...
Tags: Top Azerbaijani, EU, Shah Deniz consortium, energy corridor
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company's Management Committee and Marcelino Oreja, Chief Executive Officer of Enagas. The parties considered the possibilities of cooperation ...
Tags: Oil and Gas News, Gazprom, Enagas, LNG to Europe and Latin America
Recent record cold weather across the United States has placed a strain on natural gas supplies. SoCalGas is asking customers to take simple precautionary steps to conserve natural gas to help ensure supplies are sufficient to meet demand ...