Indonesia is determined to get a market price for LNG exported from the Tangguh project to China's CNOOC, a senior official with upstream regulator SKK Migas said Monday. "The new price cannot be below the market price. It has to be ...
Tags: Tangguh LNG
China National Petroleum Corp. (CNPC) announced acquisition of a 20 percent stake in Novatek-led Yamal LNG project on June 24. The Chinese oil and gas producer said yesterday that it had signed an agreement with Novatek, the ...
Shell remains cautious regarding the potential of two onshore oil exploration blocks in Albania despite increasing its stake in the blocks from 50% to 75%, the company said Tuesday. The deal leaves operator, Canada's Petromanas Energy, ...
Tags: Oil Potential, Block Stake Hike
Australia's Woodside Petroleum is remaining tight-lipped on the impact of the Israeli cabinet's decision to allocate up to 50% of any gas field's reserves to the domestic market. "We look forward to considering the detail of the gas ...
Tags: Leviathan Deal, Gas Export
Chinese oil and gas producers show rising interest in oil exploration and development in the arctic regions nowadays. An insider with China Petroleum Corp. (Sinopec Group), one of the top two oil and gas producers in the Chinese mainland, ...
Venezuelan Energy and Oil Minister Rafael Ramirez revealed that the nation has gotten USD 4 billion from China, which will be used for oil exploration. He told reporters that Venezuela planned to boost daily oil output to 4 million ...
Tags: Metallurgy, Mineral, Energy
Consistent power supply becomes vital in remote places with no grids facility. It is also required for organizing various events anywhere and anytime. To cater to this urgent requirement of people, numerous companies now provide superior ...
On March 27, Liaoning Province-based Chinese steelmaker Lingyuan Iron and Steel Co. announced that it plans to issue approximately 37,837 non-public A shares aiming to raise up to RMB 1.4 billion ($225.1 million). Lingyuan Steel seeks to ...
Tags: Lingyuan Steel, Mineral, steelmaker
THE sharemarket jumped after Cyprus reached an in-principle agreement with the troika of international lenders on key parameters of a financial bailout, according to an EU official. Under the agreement, Cyprus' Laiki Bank would be split ...
Tags: economy
Iran is re-appraising an offshore oil field that India's Oil and Natural Gas Corporation (ONGC) had abandoned as commercially non-viable, the semi-official Mehr news agency reported Wednesday. "The project is at the stage of processing ...
Prime Minister Nouri al-Maliki held talks with ExxonMobil chief Rex Tillerson (pictured) on Monday. AFP reports that the meeting was the first between the two since the firm signed an oil exploration agreement with Kurdistan in October ...
Tags: Maliki, Exxon Boss, Rex Tillerson, oil exploration agreement
Microsemi has introduced silicon carbide (SiC) standard power modules with industrial temperature grade. Designed for use in high power switch mode power supplies, motor drives, uninterruptible power supplies, solar inverters and oil ...
Tags: Microsemi, silicon carbide, power modules
Microsemi Corp of Aliso Viejo, CA, USA (which designs and makes analog and RF devices, mixed-signal integrated circuits and subsystems) has launched a new generation of industrial-temperature silicon carbide (SiC) standard power modules, ...
Bloomberg reported that Citic Trust Co a unit of China's biggest state owned investment company missed a bi annual payment to investors in one of its products after a steel company missed interest payments on the underlying loan. ...
Tags: loan repayment, Citic Trust Co
The US rotary rig count was down 11 rigs at 1,763 for the week of December 28th 2012. It is 244 rigs (12.2%) lower than last year. The number of rotary rigs drilling for oil was down 13 at 1,327. There are 134 more rigs targeting oil than ...
Tags: US, rotary rig, oil, drilling