China's top refiner, Sinopec Corp., has discovered a shale gas well located at a depth of 4,417 meters with maximum daily output of 105,000 cubic meters in southwest China, authorities said Wednesday. According to the Ministry of Land and ...
China's shale gas industry could soon be entering its boom years. Thanks to the top two oil and gas giants - China National Petroleum Corp and Sinopec Group - the nation's shale gas output soared from 25 million cubic meters in 2012 to ...
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
Axiall Corporation and Lotte Chemical of the Republic of Korea announced that they have signed a Heads of Agreement to pursue a 50/50 joint venture arrangement for the design, construction and operation of a proposed 1 million metric ...
Tags: Ethane Cracker, Textile
The exploration of shale gas is a revolution, and is changing global energy picture, chief economist of the International Energy Agency Fatih Birol said in a recent interview with Xinhua. Birol said several major changes were seen in ...
China is expected to continue increasing energy efficiency this year, resulting in muted growth in oil and coal consumption, according to new projections unveiled by the National Energy Administration on Friday. Total energy consumption ...
Tags: NEA, Five-Year Plan, coal-to-gas production, FYP
China's unconventional natural gas output was 112 billion cubic meters in 2013, up only 0.34 percent year-on-year, a record low in five years, Sublime China Information Group Co Ltd said on Tuesday. Although the government has put great ...
Tags: Natural Gas, Mineral
Markets for use of natural gas as a transportation fuel and to power industrial equipment are poised to take off in the next few years, the head of Encana said in Houston on Tuesday. "We at Encana believe that natural gas creates an ...
Tags: Natural Gas, transportation fuel
Argentina's YPF increased oil production 3.4% in 2013 from 2012 at blocks it operates in the country, helping the state-run energy company recover from a decade-long decline, it said Monday. Natural gas production rose 2.2% over the same ...
Tags: Energy Secretariat, oil, state-run energy company, dwindling production
China is expected to exceed Europe to become the largest energy importer in the world by 2035, said a report issued by British oil giant BP. The annual Energy Outlook 2035 report released on Wednesday forecast global energy consumption to ...
Tags: Oil Consumer, Energy Importer
The European Commission wants EU member states to accept common environment and health rules if they use controversial 'fracking' to develop shale gas resources. A document prepared for the Commission's 2030 Energy and Climate Package due ...
The EU will announce climate change targets for 2030 next week but sharp differences over priorities and an unwillingness to take the lead while global rivals hang back may result in a modest compromise deal. The 2020 programme is widely ...
Tags: Consumer Electronics, Electronics
The American Coatings Conference (ACC) will commence with a keynote presentation given by Charles F. Kahle, II, chief technology officer and vice president, Coatings R&D at PPG Industries. Starting with a wide lens on the future, Dr. ...
Gulfsands Petroleum plc ("Gulfsands", the "Group" or the "Company" - AIM: GPX), the oil and gas production, exploration and development company with activities in Syria, Morocco, Tunisia, Colombia and the U.S.A. provides the following ...
Total announces that it has acquired a 40% interest in two shale gas exploration licences in the United Kingdom. The interests are in Petroleum Exploration & Development Licences 139 and 140 in the Gainsborough Trough area of the East ...
Tags: Oil News, Gas News, Gas Licences