Thailand has officially announced a significant rise in its crude reserves as of end-2012, with its probable and possible reserves jumping 10% and 32% year on year to 421 million barrels and 277 million barrels respectively, data released ...
Tags: Crude Reserves, Mineral
Presenting a record number of exhibitors, and the most comprehensive seminar program to date, the Australian International Sourcing Fair (AISF) will unite manufacturers and wholesalers over an action packed three days from November 13-15, ...
Tags: High-Tech Fabrics, Textile
State-owned Chinese oil giant Sinopec has taken its first step into Egypt's upstream sector with a $3.1 billion deal to buy a 33% stake in US-based Apache's assets there. The deal is the first under in a new global strategic partnership ...
Tags: Metallurgy, Mineral, Energy
Argentina's petrochemicals industry is unlikely to expand until more natural gas and related feedstock supplies become available when the potential of the country's shale gas plays is turned into production in a decade or so, an analyst ...
Tags: Gas, Metallurgy, Mineral, Energy
Chinese state-owned PetroChina expects shale gas to ultimately account for about 20% of its total gas production and is now progressing plans to accelerate its domestic resources. Speaking at a press conference to discuss its interim ...
Tags: PetroChina, Gas Output
Woodside Petroleum will recommend Shell's floating LNG technology to its joint venture partners as the best option to develop the Browse project off Western Australia, the company said in a statement Tuesday. "The selection of FLNG as the ...
Tags: Floating LNG, JV Partners
European coated fine paper producer Sappi has announced a €61m rebuild at its Alfeld Mill Paper Machine 2 (PM2) in Germany, in a bid to address varying demand for specialty packaging papers. The PM2 rebuild is said to transform the ...
Tags: Mill Paper Machine, Sappi
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
Producers in Alberta's liquids-rich shale play at Duvernay are likely to invest some C$1 billion ($955 million) in drilling activities over the remaining six months of 2013, with that figure likely to rise further next year, oil and gas ...
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
Thailand's PTT LNG, a subsidiary of state-owned oil and gas company PTT, is going ahead with plans to double capacity of its existing 5 million mt/year LNG import terminal despite severe under-utilization of the facility. "The government ...
Total capital spending in 2012 for the top 100 US producers, including acquisitions, rose 18% year over year to the highest level on record at $316.6 billion, driven by development capital spending of a combined $208 billion, according to a ...
Total E&P Indonesie expects the giant Mahakam gas block's proven reserves to fall to 2.7-3 Tcf by 2017 and plunge further to 1.3-1.6 Tcf in 2018 due to natural depletion, a company official said Thursday. "At the end of 2012, the ...
Unconventional gas from central Australia's Cooper Basin could be the answer to a looming supply shortage in the eastern state of New South Wales, according to Beach Energy Managing Director Reg Nelson. Beach has been among the ...
Tags: Metallurgy, Mineral, Energy, Gas
Saudi Aramco boosted its crude production to a record 9.506 million b/d in 2012, excluding blended natural gas liquids, up 5% from 9.068 million b/d in 2011, the company said in its latest annual report. "During 2012 at Saudi Aramco, we ...
Tags: Saudi Aramco, Crude Output