Brazil's Petrobras has signed a short-term contract with Bolivian counterpart YPFB to increase natural gas imports from the Andean nation, Petrobras said. Under terms of the contract, Petrobras will import an additional 2.24 million cubic ...
Tags: Natural Gas, Brazil's Petrobras, gas-fired power plant
State-owned PetroChina lost some Yuan 49 billion ($7.9 billion) last year importing natural gas from foreign suppliers and selling it at lower domestic prices in China, the company revealed Thursday when it released its 2013 financial ...
Tags: Natural Gas, PetroChina, pipeline gas
Not content with selling gas domestically, some of China's private gas distribution companies are becoming increasingly ambitious and are planning to enter the LNG import business, competing directly with state-owned LNG buyers such as ...
Tags: Gas, LNG Imports, Natural Gas
Ukrainian mining and steel producing group Metinvest has stated that its metallurgical plants manufactured 33 new products in 2013. The economic benefit from these new products was $42.5 million. Several Metinvest enterprises - Yenakiieve ...
Tags: mining, producing group, Metinvest
Russia-based pipe producing company United Metallurgical Company (OMK) has stated that up to August of the current year it will supply 50,000 mt of oil and gas pipeline pipes for application in the V. Filanovsky oil and gas deposit ...
Tags: Metallurgy, Mineral, Energy, Pipes, steel pipe
China and Tajikistan plan to start construction on the so-called D line on the Central Asia-China gas pipeline network this year, state-owned China National Petroleum Corp said Monday. This comes after both countries signed a deal to ...
Tags: Gas Pipeline, Mineral
Astana plans to launch the so-called C line of the Kazakhstan-China pipeline with an initial capacity of up to 5 billion cubic meters/year in October, Sauat Mynbayev, chairman of Kazakhstan's national oil and gas producer KazMunaiGaz, said ...
Tags: Gas Pipeline, Mineral
As China is executing its ambitious shale gas development plans to reach 6.5 billion cubic meters (cm) by 2015, the US' experiences in the industry may offer a number of lessons for China, US and Chinese academics concluded in a conference ...
Tags: Natural Gas, Mineral
First production from the Papua New Guinea LNG project is now expected in the third quarter of this year, Australian joint venture partner Santos said Friday as it reported its financial results for 2013. Santos holds 13.5% of the ...
Tags: LNG project, Mineral
China's apparent demand for gas in December rose 14.1% year on year to a record high of 16.26 billion cu m, according to Platts calculations of recently released government data. China does not release consumption data on gas. Platts ...
Tags: natural gas, gas demand
Platts margins reflect the difference between a crude's netback and its spot price. Netbacks are based on crude yields, which are calculated by applying Platts product price assessments to yield formulas designed by Turner, Mason & Co. ...
Tags: Gas, Refining Margins
China imported 1.85 million mt of natural gas via pipelines in December 2013, a 20.1% year-on-year increase, data released by the General Administration of Customs showed Wednesday. Customs data records natural gas trade data in metric ...
Tags: Natural Gas, LNG imports
Metso has received significant orders for its Neles and Jamesbury valves from Sadara Chemical Company (Sadara), a joint venture between Saudi Arabian Oil Company (Saudi Aramco) and The Dow Chemical Company. The valves will be delivered ...
Tags: Sadara, Textile, Metso Valves
Australia-based miner Fortescue Minerals Limited has announced that it has signed a long-term natural gas transportation agreement to reduce costs at its Pilbara iron ore operations. Gas will be delivered via the existing Dampier to Bunbury ...
Tags: Natural Gas, Mineral
More than 5,893 leaks from aging natural gas pipelines have been found under the streets of Washington, D.C. by a research team from Duke University and Boston University. A dozen of the leaks could have posed explosion risks, the ...
Tags: Consumer Electronics, Electronics