The European Steel Association (EUROFER) has stated that the growing uncertainties in Ukraine show once again the strong correlation between security of supply and increasing energy prices in Europe. Russian state gas monopoly Gazprom ...
Tags: Metallurgy, Energy, gas
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
Canada's leading light oil producer Penn West will invest C$900 million ($815 million) in 2014 on its assets in Western Canada, targeting an annual average output of 101,000-106,000 b/d of oil equivalent, CEO Dave Roberts said Friday. ...
Tags: Light Oil Producer, Mineral
China aims to cut energy intensity by over 3.9% this year, as it continues its drive to increase energy efficiency and cut emissions, according to a government work report delivered by Premier Li Keqiang Wednesday at the annual session of ...
Tags: Energy Use, energy intensity
Recent progress at shale gas projects operated by China's state-owned giants Sinopec and China National Petroleum Corp. suggest the country is on track to meet the 2015 production target set by the central government, analysts said Monday. ...
Tags: Shale Gas, PetroChina
US major Chevron expects to start up its Chuandongbei sour gas project onshore China in 2015, a further delay from its last target of late 2013, the company indicated in a filing to the US Securities and Exchange Commission last week. The ...
Tags: Chevron, Gas Project
The UK government believes there is much greater opportunity in developing the North Sea's remaining oil and gas resources than in the fledgling onshore shale gas sector, and plans to implement speedily recommendations laid out in a final ...
Tags: Shale Gas, North Sea Investment
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
Toray Industries, Inc. has purchased approximately 400 acres of land for its future business expansion in Spartanburg County, SC. The Japanese company said it made the investment because it expects the United States to regain its ...
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