As China's economy increase slows, the United States' demand growth for oil outstripped China's last year for the first time since 1999, according to the Paris-based International Energy Agency. According to an IEA report, US oil demand ...
Tags: Oil Demand, Mineral
Japan made landmark progress in 2013 in methane hydrate development -- carrying out the world's maiden offshore production test and later confirming the existence of "substantial" structures containing shallow methane in the Sea of Japan in ...
Tags: Methane Hydrates, Chemicals
Although oil demand will continue to increase globally, it will become the fuel with the slowest consumption growth because of structural changes in the energy sector, experts said. China will surpass the United States, becoming the ...
China's natural gas sector will develop quickly in the near future, which offers "golden opportunities" for business and cooperation, an Hong Kong-based think-tank said in a report on Monday. The paper, known as "CEFC China Energy Focus: ...
China's natural gas sector will develop quickly in the near future, which offers "golden opportunities" for business and cooperation, an Hong Kong-based think-tank said in a report on Monday. The paper, known as "CEFC China Energy Focus: ...
Tags: Natural Gas, Shale Gas, Pipeline Network
The average annual rise in China's petroleum use will drop to 2.5 percent during the years 2013 to 2020 as the government tries to slow down economic growth and reduce carbon emissions, said experts. The figure will keep declining to 1.5 ...
Tags: Petroleum Use, Chemical Industry
Westport Innovations Inc, engineering the world's most advanced natural gas engines and vehicles, today unveiled its next generation of high pressure direct injection technology platform dubbed "Westport™ HPDI 2.0." This new ...
Tags: Westport Innovations
Oil demand growth in the US this year is likely to exceed that of China's for the first time since the 1990s, skewing overall global demand in favor of developed markets, investment bank Goldman Sachs said in a new report released Friday. ...
Tags: US, China, oil demand
India faces several challenges in exploring for shale gas and commercial production may be expected only in another 10 years, Maria van der Hoeven, executive director of the International Energy Agency, said Wednesday. Shale gas is ...
The world of energy has been turned upside down. The reason for this is shale gas. Since the USA began broad-scale production of unconventional gas, the balance in the global energy sector is shifting significantly. The United States is now ...
Tags: Gas, Metallurgy, Mineral, Energy
China is expected to overtake the United States to become the world's largest oil importer in the 2020s as emerging economies, instead of developed ones, will claim most of the world's energy supplies, a report says. China will be the ...
Tags: Oil Importer, Oil, Metallurgy, Mineral, Energy
The international energy agency predicts that in 2016 the United States will become the largest oil producer before Russia and Saudi Arabia. The United States will basically realize energy self-sufficient and reduce its dependence on OPEC ...
Tags: Oil Producer, Oil, Metallurgy, Mineral, Energy
Natural gas and renewables will power country's economic growth Natural gas and renewable energy are poised for boom times in China over the coming decades, and they'll be key factors in the development of the nation's economy, a global ...
Tags: Clean Energy, Energy
Canada is among the five largest energy producing countries in the world according to the International Energy Agency, and Canadian jobs in oil and gas productions are expected to continue to grow into the future. Positions expected to ...
Tags: Metallurgy, Mineral, Energy, gas, oil
Despite improved energy efficiency and expenditure on renewable energy sources, the use of fossil fuels globally is expected to remain dominant, an International Energy Agency (IEA) expert said Wednesday in Vienna. Fatih Birol, IEA Chief ...
Tags: Fossil Fuel, Mineral