They said the party was over, but Australia's giant resources sector is surging into a two-horse race between iron ore and coal, with the latest numbers revealing that there is still fire in the belly of the boom, thanks mainly to sustained ...
Tags: coal industry, Mineral
A US federal appeals court upheld a multibillion-dollar settlement between BP and the coastal residents and businesses hit by the company's massive Gulf of Mexico oil spill in 2010. The British energy giant reached a $7.8 billion ...
Tags: Oil, Metallurgy, Mineral, Energy
A chief executive officer of a U.S. energy giant on Tuesday called for the government to remove its current ban on crude oil exports so as to lower consumer prices and stimulate further shale oil production, the Houston Chronicle reported. ...
Tags: Crude Oil, Export Ban
China is expanding its scope in looking for energy resources in foreign assets, participating actively in the international oil and gas market to ensure the domestic supply is driven by economic growth. China Petroleum and Chemical Corp, ...
Tags: Gas Sources, Oil Sources
Abu Dhabi National Energy company TAQA said on Monday it has received approval from the Kurdish regional government in northern Iraq to develop the first phase of the Atrush oil field, Emirati news agency WAM reported. According to the ...
An 8.3 billion pound ($13 billion) project to build a refinery and petrochemical plant in eastern China involving Royal Dutch Shell (RDSa.L) has been shelved after losing political support, the Telegraph newspaper reported, citing sources. ...
Tags: Chemicals, Metallurgy, Mineral, Energy
The China National Petroleum Corporation (CNPC) said on Friday that it has signed a framework agreement with Russian energy giant Gazprom to import natural gas. The agreement is a breakthrough after years of negotiation on bilateral gas ...
Tags: Gas
Possible deals said to be in the works with Exxon Mobil, Russia's Lukoil PetroChina Co, China's largest oil explorer, may join with United States-based energy giant Exxon Mobil Corp to co-develop the West Qurna oilfield in Iraq, which ...
Tags: Petrochina, Chemicals
The Australian share market has again nudged above the 5,000 point mark but fell away in afternoon trade to end only slightly higher. Financial and energy stocks were the best performers, with other sectors mixed. Energy giant Woodside ...
Tags: Stocks, Edge Higher
It is reported that the Russian energy giant Gazprom planned to complete the study of the second stage of its Yamal-Europe natural gas pipeline by October this year. The new pipeline project will expects to transport 15 billion cubic ...
Tags: steel, Metallurgy, Mineral, Energy
Japan's Marubeni plans to begin transporting LNG from the US to South Korea via a joint venture with a major South Korean shipping group, the Nikkei newspaper reported Friday. The Japanese trading house and SK Shipping have jointly ...
Gazprom Neft, the oil arm of the Russian energy giant Gazprom, plans to spend up to RUR 240 billion on investment projects, up 25% YoY. RIA-Novosti reported that ''The [investment volume] increase will be at about 25 percent, due to new ...
The Saudi Gazette reported that UAE energy giant TAQA's billion dollar vote of confidence in Scottish oil and gas has been further strengthened by a new report which says some USD 70 billion of investment in the sector is expected by 2016. ...
Tags: UAE energy giant, TAQA, oil, gas
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
Gulf News reported that UK based energy giant BP PLC has been invited back to bid for a renewal of its stake in Abu Dhabi’s oil concession and the Abu Dhabi National Oil Company aims to announce a shortlist of bidders soon. Although ...
Tags: oil, energy giant, oil concession, oil companies