Royal Dutch Shell Chief Executive Officer Peter Voser commented: “Shell is driving a long-term and consistent strategy, against a backdrop of volatile energy markets. Our profits pay for substantial investments in new energy ...
Tags: Shell, strategy, oil and gas
China National Offshore Oil Corporation (CNOOC) and Shell Nanhai B.V. (Shell) today announce the final investment decision to expand CNOOC and Shell Petrochemical Company’s (CSPC) existing 50:50 joint venture (JV) in Huizhou, ...
Tags: CNOOC, Shell, final investment decision, expasion
The visiting Chinese Commerce Minister Gao Hucheng and Algerian Trade Minister Amara Benyounes co-chaired the 7th China-Algeria Joint Commission of Economy and Trade on April 10. The two sides spoke highly of bilateral cooperation in trade ...
Coal provides nearly two thirds of China's energy, but for mining companies, this winter could not be more chilly. The government has done its best to save the day, but it is not enough to force up the price of coal, even in the short ...
Tags: Coal Industry, Coal
Austria-based Andritz has signed an agreement with Spanish recycling specialist Alucha to supply new technologies and equipment for pyrolysis of rejects (waste) produced in the processing of liquid packaging board for paper production. ...
Tags: Andritz, pyrolysis of rejects, Packaging
Austria-based steelmaker voestalpine has announced that it will supply 120,000 mt of high-strength linepipe plates for Brazilian multinational Petrobras' third pipeline in the world's largest oilfield, near Rio de Janeiro, Brazil, between ...
Tags: Metallurgy, Mineral, Energy
China's Nanjing University has produced silicon carbide (SiC) avalanche photodiodes (APDs) with the lowest claimed dark count rate (DCR) at high temperatures of 150°C, compared with any other semiconductor material [Dong Zhou et al, ...
The NYMEX June natural gas futures contract settled 4.6 cents higher at $4.405/MMBtu on Friday as the market consolidated ahead of the holiday weekend and eyed forecasts for hotter than normal weather into June. "Despite the short-term ...
Tags: Natural Gas, oil prices
The US shale gas and oil boom of recent years is "very profound, but sometimes taken out of proportion," International Energy Agency chief economist Fatih Birol said at the Flame conference in Amsterdam Tuesday. Birol said that of the ...
Shale gas regulations should be streamlined and the government should lend its weight to industry attempts at producing gas through hydraulic fracturing, the Economic Affairs Committee of the UK's upper house of parliament said. Launching ...
Tags: Shale gas, Energy security
German chemical giant BASF plans to intensify its deep cooperation with Russia's Gazprom in Europe and internationally, the company's chief executive Kurt Bock said Friday. "Russia is important, very important for us," Bock said at BASF's ...
Turkish steel pipe producer Borusan Mannesmann has told SteelOrbis that the company's US oil country tubular goods (OCTG) investment in Houston, Texas remains on track within the projected schedule, with the threading facility already being ...
Tags: Metallurgy, Mineral, Energy, Steel
US Northeast spot natural gas prices continue to trade at parity or a premium to New York Harbor fuel oil prices as cold weather blankets the region. Transcontinental Gas Pipe Line zone-6 New York spot gas was trading around $18.69/MMBtu ...
Tags: Spot Gas Prices, Fuel Oil
US Northeast spot gas prices were trading above New York Harbor fuel oil prices Tuesday as a cold snap descended upon the eastern US. Transcontinental Gas Pipe Line zone-6 New York spot gas was trading around $22/MMBtu Tuesday on ...
Tags: Gas Prices, Harbor Fuel Oil
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