China should take advantage of relatively low coal prices and import more to satisfy electricity demand in its most populous provinces, instead of relying on domestic coal, which is expensive to transport, according to a Chinese government ...
Tags: domestic coal, coal prices, coal
Chevron is "in discussions" with Venezuela about adding opportunities to invest in that country following the recent death of its controversial populist President Hugo Chavez, Chevron CEO John Watson said Tuesday. But Watson told ...
Tags: Chevron, oil projects, oil field
The NYMEX April natural gas futures contract settled 0.4 cent lower at $3.645/MMBtu Tuesday, after a day of rangebound trading in which cooler weather in the forecasts prevented prices from falling off more dramatically. Kilduff Report ...
Tags: natural gas, gas, energy market
US based automobile manufacturer General Motors has started construction of a new bi-level paint shop at the Fairfax Assembly and Stamping Plant in Kansas, US. The new paint shop will have a footprint of 450,000sqft and is part of ...
Tags: automobile manufacturer, General Motors, bi-level paint shop
LyondellBasell executives, led by CEO Jim Gallogly, told participants at the company's Investor Day in New York how LyondellBasell is preparing to build upon its record 2012 performance which included $5.8 billion of EBITDA and earnings of ...
Tags: Lyondellbasell, Record Performance, Textile
The US Federal Energy Regulatory Commission has authorized Dominion Transmission to build a pair of pipeline projects that would transport natural gas produced in Pennsylvania. The two projects show that "rather than building things from ...
Tags: gas pipeline projects, gas pipeline, gas
Lift Integrates Perfectly with 10-Story Power Plant Tower The Redding Power Plant is a state-of-the-art facility that generates electricity through burning natural gas. The plant, located in Redding, CA, has expanded over the years to ...
Whether Taiwan needs another nuclear power plant has been under heated debate. As more people question the safety of a new nuclear power plant that is being constructed, LED firms should seize the opportunity to promote the energy-saving ...
Tags: LED firms, LED lighting, nuclear power plant
Only a change in the price formation mechanism will reflect the current supply-demand situation for LNG in Asia, not just a bid to reduce the price level, Jonathan Stern, professor at the Oxford Institute for Energy Studies, said at a ...
Tags: price formation mechanism, LNG, Asia
NYMEX April natural gas futures settled 7.3 cents higher at $3.529/MMBtu Monday on an expected boost in heating demand due to near-term forecasts for below-average temperatures for most of the US, sources said. The National ...
Tags: natural gas futures, natural gas, US
FOB prices for Australian 5,500 kcal/kg and 6,000 kcal/kg net-as-received spot cargoes came under intense pressure Thursday from a firmer freight market, lower Asian physical demand and weaker prices for domestic coal in China, market ...
Tags: spot cargo, Thermal Coal, Asia
Australia's Liquefied Natural Gas Limited has signed an exclusive lease option agreement with the US' Lake Charles Harbour and Terminal District Authority for the site of its proposed Magnolia LNG project in Louisiana, the company said ...
Tags: Liquefied Natural Gas, Magnolia LNG project, chemicals
Methanex Corporation announced plans to increase operating capacity at its New Zealand operations by 700,000 tonnes to 2.2 million tonnes by the end of 2013. Methanex has secured a new natural gas supply agreement, which will enable the ...
Tags: Methanex Corporation, operating capacity, New Zealand operations
Gov. Bobby Jindal, South Louisiana Methanol CEO Barry Williamson and Todd Corp. Group CEO Jon Young announced that South Louisiana Methanol LP will invest $1.3 billion in a new methanol production facility on the banks of the Mississippi ...
Natural gas production growth in the Marcellus Shale could meet last year's levels, even with some moderation of drilling in the region, as a backlog of wells wait to be brought online, analysts with Barclays Research said Wednesday in a ...
Tags: Natural gas, Marcellus Shale, drilling, oil