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Exxonmobil Gets Green Light for Argentinian Shale Development

Dec 15, 2015

The government of Neuquen, a southwestern province of Argentina, said Monday it has approved ExxonMobil's investment plan for developing shale resources in the Bajo el Choique and La Invernada blocks. The company will work with Gas y ...

Tags: shale, GyP, natural gas

Middle East Countries Need to Import Large Quantities of Industrial Products Each Year

Jan 13, 2015

The Middle East region is rich energy reserves and energy exports as the main support base while industrial production is weak. Middle East countries need to import large quantities of industrial products each year. Huge market demands make ...

Tags: single power machines, strong power, lower noise, Transportation

Russian GDP Contracted by 0.5% in November and It Is The First Economy Contract Since 2009

Dec 31, 2014

Russian GDP contracted by 0.5% in November and it is the first economy contract since 2009. According the data from Russian Economic Development Ministry, Russian GDP falls 0.5% in November and increases by 0.6% in the past 11 months. ...

Tags: Russian GDP, energy exports

Huge Market Demands Make The Middle East Region Become The Ideal Output Destination

Dec 5, 2014

The Middle East region is rich energy reserves and energy exports as the main support base while industrial production is weak. Middle East countries need to import large quantities of industrial products each year. Huge market demands make ...

Tags: Weichai products, Auto

Several US Lawmakers Want The Obama Administration to Approve More LNG Export Applications

Mar 27, 2014

Expedited regulatory approval of proposed US liquefied natural gas export terminals would not lead to their immediate construction nor to near-term deliveries of US gas into Europe, panelists at a Senate hearing said Tuesday. Several US ...

Tags: natural gas, liquefied natural gas, LNG export

A Proposed Reduction in State Energy Subsidies Will Help Increase Investment in The Sector

Feb 19, 2014

Argentine Presidential Chief of Staff Jorge Capitanich said Monday that a proposed reduction in state energy subsidies will help increase investment in the sector, making it possible to boost gas production and scale back imports. "What ...

Tags: Energy Subsidy, Gas Imports

Nation Seeks to Reduce Use of Fossil Fuels in Move to Improve Air Quality

Dec 27, 2013

Nation seeks to reduce use of fossil fuels in move to improve air quality China's dependency on natural gas imports will continue to increase as the country is trying to reduce its fossil fuel consumption and improve air quality, experts ...

Tags: Natural Gas

Argentina Plans to Increase The Allowance for Refiners and Other Companies

Dec 17, 2013

Argentina plans to increase the allowance for refiners and other companies to import diesel and gasoline supplies under a tax-free program in 2014, Economy Minister Axel Kicillof said Friday. He said the government will allow companies to ...

Tags: Fuel Imports, Tax-Free Program, Argentina

The Cost of Fossil Fuel Imports Will Stabilize

Dec 16, 2013

The cost of fossil fuel imports will stabilize, and may become cheaper, benefiting both China and Japan, amid increased energy exports from the US, said Yukari Yamashita, a director with Japan's Institute of Energy Economics on Thursday. ...

Tags: fossil fuel, energy import, energy export, shale gas, natural gas

Progress Energy and PETRONAS Have Signed Transaction Agreements Whereby PetroleumBRUNEI

Dec 11, 2013

Progress Energy Canada Ltd., Pacific NorthWest LNG Ltd. and Petroliam Nasional Berhad (PETRONAS) have signed transaction agreements whereby PetroleumBRUNEI, through its affiliates, will acquire a 3 percent interest in Progress Energy ...

Tags: Oil and Gas News, Progress Energy, LNG

Higher Fuel Prices Fueled So-Called Green Revolution,High-Tech Transportation Development

Dec 11, 2012

There is no question, the jump in pump prices these past few years have shaken the economy and challenged households. The upside is that higher fuel prices have fueled the so-called green revolution and high-tech transportation development. ...

Tags: Oil, pump, fuel

Iran Has Been Named The New Chair of The Gas Exporting Countries Forum

Dec 7, 2012

MNA reported that Iran has been named the new chair of the Gas Exporting Countries Forum and will host GECF summit in autumn 2013. Leaders of the world's biggest gas suppliers ended their first summit in Doha, Qatar on November 13. During ...

Tags: GECF summit, Gas Exporting Countries Forum, gas, natural gasoil

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