China will lower the retail prices of both gas and diesel by 85 yuan (12.3 U.S. dollars) per tonne from Wednesday due to falling international prices, according to the country's top economic planner. It will be the second oil price cut ...
Chevron Phillips Chemical has started operations of a new ethane cracker at its Cedar Bayou facility in Baytown, Texas, US. The unit will manufacture 1.5 million metric tons/3.3 billion lbs. a year at peak production. Last September, ...
Tags: Ethane Cracker
Dow Chemical has completed construction phase of ethylene production facility in Freeport, Texas, ahead of schedule. The firm is now progressing through the commissioning phase for the ethylene facility scheduled by mid-year. Dow ...
Tags: Dow Chemical, Ethylene Production
China aims to increase domestic crude oil output to 200 million tonnes by 2020, while supply capacity for natural gas should exceed 360 billion cubic meters, according to plans published Thursday. China will add 1 billion tonnes of proven ...
Royal Dutch Shell Chief Executive Officer Peter Voser commented: “We are moving forward in volatile times. Our profits have fallen with energy prices, but our growth strategy is delivering to the bottom line. Shell’s second ...
Tags: Royal Dutch Shell, 2012 Results
“High-quality modelling of complex reservoirs is a major factor in creating additional value in our industry,” said Arjen Dorland, Shell’s EVP for Technical and Competitive IT. “Today’s announcement underlines ...
Tags: Shell, Baker Hughes
The two parties also signed a Shareholders Agreement to establish a Well Manufacturing joint venture (50% CNPC and 50% Shell) subject to further corporate and government approvals. It is intended that the joint venture will develop an ...
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
Shell Chemical Appalachia LLC (Shell) has taken the final investment decision to build a major petrochemical complex, comprising an ethylene cracker with polyethylene derivatives unit, near Pittsburgh, Pennsylvania, USA. Main construction ...
Tags: Shell Chemical Appalachia LLC, final investment decision
Royal Dutch Shell (Shell) today announced that after a 34-year career with the company, Unconventional Resources Director and U.S. Country Chair, Marvin Odum, will leave Shell at the end of March, 2016. Concurrent with Marvin’s ...
Ned Wehler, the president and CEO of American Water Works Co Inc subsidiary Keystone Clearwater Solutions, will retire with effect from 1 December 2016. Wehler will be replaced by Keystone’s current president and chief operating ...
Tags: Ned Wehler, American Water Works, Keystone Clearwater Solutions
Truck Star Company located in Novosibirsk City is a cooperative partner that C&C to open up the Russian market. With the global energy crisis, a new round of energy competition kicked the curtain. “Shale gas revolution in the United ...
Tags: Truck Star Company, C&C
In China's financial hub Shanghai, kitchen stoves now use a new energy source: shale gas, a clean energy that travels more than 1,600 kilometers to the city's homes via a series of pipelines. China has recently made breakthroughs in shale ...
Tags: Shale Gas Industry
Crude prices have gone down nearly 30 percent this year, and analysts expect oil prices to remain low for even longer. Boon for consumers Lower oil prices are generally good for US consumers and the economy, said Jason Bordoff, ...
Tags: Oil Prices, Crude Oil
Brent oil price hit 11-year low Monday as the market continued to be plagued by an oversupply of crude oil and weakening demand. Brent crude for February delivery decreased 53 cents to close at 36.35 U.S. dollars a barrel on the London ...
Tags: Brent oil, Oil prices