LyondellBasell (NYSE: LYB) today announced that its methanol plant at Channelview, Texas, was placed into service in the fourth-quarter 2013 to take advantage of low-cost natural gas from shale formations. The unit had been out of service ...
Tags: LyondellBasell, methanol plant, Channelview, re-start
Environmentalists hoping that oil production will peak in 2014 will be disappointed. New supplies will comfortably outstrip fresh demand, preventing prices from rising. Countries leading the way will include Brazil, Iraq, America and ...
Tags: oil production, Energy
Infrastructure will remain the watchword as US refiners look to further cement their role as world class product exporters in 2014, improving export capacity and rejigging refineries to increase their output of export-friendly diesel, ...
Tags: Refinery Output, gasoline
Nation seeks to reduce use of fossil fuels in move to improve air quality China's dependency on natural gas imports will continue to increase as the country is trying to reduce its fossil fuel consumption and improve air quality, experts ...
Tags: Natural Gas
Imports will account for a major chunk of China's natural gas usage this year, even as the country strives to improve clean fuel usage, experts said. Wang Xiaokun, an energy analyst with Sublime China Information Co, a Chinese commodities ...
Tags: Natural Gas, Metallurgy
Navigator Holdings Ltd. ("Navigator") today announced that it has exercised its last remaining option to construct a 22,000 cubic meter gas carrier at Jiangnan Shipyard (Group) Co Ltd. ("Jiangnan") in China at the previously agreed ...
Tags: newbuilds, transportation
Santos today announced that the Moomba-194 vertical shale gas well in the Cooper Basin is flowing gas at an average rate of 3 million standard cubic feet per day (mmscf/d). Moomba-194 is a follow-up to the existing successful shale gas ...
Despite the transformative impact that shale gas has had on the outlook of US energy markets, the European landscape regarding shale gas is very mixed and markets should exercise caution as multiple issues may slow progress, according to a ...
US crude oil production will come close to its record high by 2016 as the energy boom continues to reshape the US economy, the US Energy Information Administration (EIA) said Monday in a new report. Domestic crude oil production will grow ...
Although oil demand will continue to increase globally, it will become the fuel with the slowest consumption growth because of structural changes in the energy sector, experts said. China will surpass the United States, becoming the ...
China's natural gas sector will develop quickly in the near future, which offers "golden opportunities" for business and cooperation, an Hong Kong-based think-tank said in a report on Monday. The paper, known as "CEFC China Energy Focus: ...
U.S. crude oil production will come close to its record high by 2016 as the energy boom continues to reshape the U.S. economy, the U.S. Energy Information Administration (EIA) said Monday in a new report. Domestic crude oil production ...
Tags: Oil Production, Energy
China's natural gas sector will develop quickly in the near future, which offers "golden opportunities" for business and cooperation, an Hong Kong-based think-tank said in a report on Monday. The paper, known as "CEFC China Energy Focus: ...
Tags: Natural Gas, Shale Gas, Pipeline Network
Senegal hopes to find shale gas in its onshore Paleozoic Basin in the next two years having awarded exploration licenses to international companies, the head of state-owned Petrosen said Thursday. The west African nation, already a small ...
Tags: Shale Gas, Metallurgy
The cost of fossil fuel imports will stabilize, and may become cheaper, benefiting both China and Japan, amid increased energy exports from the US, said Yukari Yamashita, a director with Japan's Institute of Energy Economics on Thursday. ...
Tags: fossil fuel, energy import, energy export, shale gas, natural gas