Prompt gas contracts on Continental European hubs recouped early day losses by midday Friday as two unplanned outages at Norway's gas fields, which send gas to the UK and the Continent, cut gas flows and sparked supply worries, one trader ...
Tags: Euro Gas, Fuel Supply, oil
LyondellBasell executives, led by CEO Jim Gallogly, told participants at the company's Investor Day in New York how LyondellBasell is preparing to build upon its record 2012 performance which included $5.8 billion of EBITDA and earnings of ...
Tags: Lyondellbasell, Record Performance, Textile
Platts April LNG Japan Korea Marker ended the Asian trading week at $17.875/MMBtu, down 32.5 cents/MMBtu, as North Asian spring demand subsided along with expectations of temperatures warming up in the period. The one-month weather ...
Tags: LNG, gas, market view
Russia and China may reach a basic agreement on the supply of Russian gas to the Asian giant by the end of March -- in time for the visit to Moscow by Xi Jinping, secretary general of the Communist Party of China -- Russia's deputy prime ...
Tags: Gas Supply, Chemicals, basic agreement
Ukraine may quit the European Energy Community in reaction to its lack of support for the country in ongoing natural gas disputes with Russia, President Viktor Yanukovych said Friday. The warning comes two weeks after Yanukovych said ...
Tags: Ukraine, European Energy Community, gas
Posted by Rick Lingle, Technical Editor -- Packaging Digest, 2/25/2013 3:07:41 PM Demand for rigid bulk packaging is forecast to advance 3.9 percent per year to $7.0 billion in 2017, accelerating from the performance of the 2007-2012 ...
The UK’s leading trade association for oil and gas supplies and services on Thursday concluded its first mission to the Kurdistan Region. Dr Ashti Hawrami, the Kurdistan Regional Government’s Minister of Natural Resources, met ...
Tags: KRG, Hawrami, UK Energy Delegation
The Los Angeles, California-based Occidental Petroleum Corp. has proposed setting up of a new ethylene plant in Texas. In its application to the US Environmental Protection Agency (EPA), Occidental said the construction for the plant ...
Tags: ethylene plant, oil, gas
BP on Wednesday raised its estimate of global energy demand in 2030 and predicted that shale natural gas, tight oil and biofuels will play an increasingly important role in meeting the world's energy needs. World energy demand will ...
Tags: BP, global energy demand, natural gas, oil, biofuels
Despite record low temperatures in China, the country's gas companies say they expect to be able to cope with increased winter gas demand in the coming weeks. Sinopec said Tuesday on its website that it had been implementing several ...
Tags: gas companies, gas, gas demand, PetroChina
RIA Novosti reported that Gazprom has started construction and assembly work on the western section of the Southern Corridor gas pipeline in Russia that will feed into the South Stream gas export pipeline. The Southern Corridor system ...
Tags: Gazprom, construction, Southern Corridor gas pipeline, Russia
Israeli gasoil and fuel oil consumption for electricity production rose sharply in the first 11 months of the year due to a severe shortage of natural gas, Israel's Energy and Water Ministry said Thursday. Gasoil consumption by Israel ...
Tags: Israeli, gasoil, fuel oil, electricity production
RIA Novosti reported that Kyrgyzstan has offered Russian energy giant Gazprom the chance to buy 75% of the national gas company Kyrgyzgas for just USD 1, to help the beleaguered Kyrgyz firm settle its debt woes and cut the republic's ...
Tags: RIA Novosti, Kyrgyzstan, energy, national gas
Russia is ready to increase its gas supplies to Turkey by 3 billion cubic meters/year,a spokeswoman for Russia's energy ministry told Platts late Tuesday. "In principle,Russia is ready to increase supplies to Turkey by 3 Bcm/year,we are ...
Tags: Russia, gas supplies, Turkey, Blue Stream pipeline
The recent final investment decision taken by Gazprom on the development of the giant Chayanda gas field in East Siberia paves the way to move negotiations forward on gas supplies to China via the so-called eastern route, Gazprom CEO Alexei ...
Tags: gas supplies, pipeline, chayandinskoye