Oil prices were little changed Monday as traders awaited U.S. crude inventories data for last week. Energy Information Administration (EIA), the Energy Department' s statistical arm, will on Wednesday release its report covering U. S. ...
Tags: Oil, Metallurgy, Mineral, Energy
The surging shale energy output in recent years has been centering in North America, but it can also happen in other places like China, a U.S. energy expert said Friday. Shale gas will come to play a more important role in China's energy ...
Tags: Shale Gas, shale energy
Oil producers are currently doing a good job of balancing world oil market fundamentals, but it is too early to say if OPEC will leave crude production levels unchanged when it next meets in December, UAE oil minister Suhail al-Mazrouei ...
Tags: Oil Producers, Oil Minister
World oil demand will rise by 1.1% this year to 90.26 million barrels a day, with gains coming from countries outside of the major industrialized nations, a U.S. government forecast said Tuesday. The Energy Information Administration said ...
Tags: Oil Demand, Oil Use
Narrowing propane price spreads between the US and international markets are poised to shrink further as terminal developers, such as Enterprise Products Partners, advance plans to increase the nation's liquefied petroleum gas export ...
The US Energy Information Administration (EIA) forecasts that China's net oil imports will exceed those of the United States by October 2013 on a monthly basis and by 2014 on an annual basis, making China the largest importer of oil in the ...
Tags: Metallurgy, Mineral, Energy
China's net oil imports are very likely to exceed those of the US by October this year on a monthly basis and by 2014 on an annual basis, making China the largest net oil importer in the world, the US Energy Information Administration (EIA) ...
Tags: Net Oil Importer, imported oil
State-owned China National Petroleum Corp said Wednesday it has signed a cooperation agreement with US-based Hess for a block in China's western Xinjiang province. CNPC said the contract for the Malang block in the Santanghu Basin was ...
Tags: Santanghu Block, Chemicals
US Senate Commerce Committee Chairman Jay Rockefeller has asked the General Accountability Office to examine the impact of shale oil and gas development on pipelines, rail and other transportation infrastructure and safety, in light of the ...
Reform in Mexico has been talked about for many years, but substantial change that would likely involve some degree of constitutional amendment seems finally at hand, a Mexican energy legal expert said Thursday. With production dwindling ...
Producers in Alberta's liquids-rich shale play at Duvernay are likely to invest some C$1 billion ($955 million) in drilling activities over the remaining six months of 2013, with that figure likely to rise further next year, oil and gas ...
Saharan Blend's increased role as a blending crude for the slew of sourgrades headed to Europe has helped the naphtha-rich grade shrug offchronically low naphtha cracks, market sources said Friday. In turn, the Algerian crude has halted ...
Tags: Metallurgy, Mineral, Energy
OPEC's role in supplying global oil markets has not been diminished by the surge in oil production in the United States, though trade patterns willshift as a result of the shale boom in North America, the head of the International Energy ...
Southwest Engineers Inc is working with Earthwater Resources Inc on a major project in the Bakken Shale oil and gas zone in North Dakota, USA. The project includes drilling and transporting water from a previously undiscovered, ...
Tags: Metallurgy, Mineral, Energy
The US saw its biggest ever yearly rise in oil production last year as its booming shale oil industry continues to transform the global oil market, BP said Wednesday. At the same time, global proven oil reserves continue to grow and are ...