China's producer price index (PPI) contracted 1.4 percent year on year in May, following a 2-percent decline in April, data from the National Bureau of Statistics (NBS) showed on Tuesday. The index edged down 0.1 percent in May from the ...
Beijing bureaucrats are all exhausted just by chasing a sputtering economy and trying to keep it moving. Some fine-tuning here, a bit of state spending there – all with the aim of meeting a GDP growth target. But if they want to stop ...
Tags: Economy Reform, China Economy
Shale gas regulations should be streamlined and the government should lend its weight to industry attempts at producing gas through hydraulic fracturing, the Economic Affairs Committee of the UK's upper house of parliament said. Launching ...
Tags: Shale gas, Energy security
The U.S. Environmental Protection Agency, Region 10, completed nearly 100 environmental compliance and enforcement actions in Alaska, Idaho, Oregon, and Washington from July 1, 2013 through December 31, 2013. Violations of environmental ...
Tags: Metallurgy, Mineral, Energy, EPA, Certification
The World Bank has called on Bangladesh to raise domestic natural gas prices after five years without an increase. "The administered price of domestically produced natural gas is fixed at a level considerably below that of the ...
Tags: Natural Gas, Domestic Prices
UK shale gas exploration and production could generate a GBP33 billion ($55 billion) investment boom, according to a report published by the UK shale lobby group UK Onshore Operators Group. Drafted by EY -- formerly Ernst & Young -- the ...
State-owned PetroChina has hiked its shale gas production target significantly and now expects to produce 2.6 billion cubic meters/year next year, a senior executive was reported as saying Monday. This is an increase from an earlier ...
Tags: PetroChina, Shale Gas
Russian gas giant Gazprom has sent the first cargo with crude produced at the Prirazlomnoye offshore field -- the country's only Arctic offshore hydrocarbon project -- to the international market, the company said Friday. "ARCO, or Arctic ...
Tags: Gazprom, crude, Arctic Oil
China Petroleum and Chemical Corp, Sinopec, said Monday it expects its Fuling shale gas project in Chongqing, central China, to reach production capacity of 10 billion cubic meters/year during 2017, up from 600 million cu m/year currently. ...
China's CNOOC International Ltd has started preparation work for oil and gas exploration in Iceland's offshore Dreki Area, an official with CNOOC's Investor Relations Department said Friday. This makes CNOOC the first Chinese upstream ...
China National Offshore Oil Corp (CNOOC), the country's largest offshore oil and gas developer, has become the first Chinese firm licensed to look for oil in the Arctic, a landmark step for overseas energy exploration for the world's ...
Tags: Arctic Oil, Mineral
China's top refiner, Sinopec Corp., has discovered a shale gas well located at a depth of 4,417 meters with maximum daily output of 105,000 cubic meters in southwest China, authorities said Wednesday. According to the Ministry of Land and ...
China's shale gas industry could soon be entering its boom years. Thanks to the top two oil and gas giants - China National Petroleum Corp and Sinopec Group - the nation's shale gas output soared from 25 million cubic meters in 2012 to ...
Europa Oil & Gas (Holdings) plc, the AIM listed oil and gas exploration, development and production company focused on Europe, is pleased to announce it has received notification from the Department of Energy and Climate Change ...
Tags: Europa Oil&Gas, Department of Energy and Climate Change
HRT Participa??es em Petróleo SA (the "Company" or "HRT") (BM&FBOVESPA: HRTP3, TSX-V: HRP), together with its subsidiary, HRT O&G Explora??o e Produ??o de Petróleo Ltda. ("HRT O&G"), reports that it was concluded on January ...
Tags: Oil News, Gas News, Material Fa-Hrt, The Fifth Largest Oil Operator