At the Peking University SOE Forum held in Beijing on Wednesday, China’s energy experts and scholars pointed out that the development of natural gas as an energy alternative to curb air pollution is crucial to China’s future ...
Tags: Natural Gas, energy
Ukraine will not import Russian natural gas through the end of the year due to weaker domestic demand and sufficient gas reserves, Energy and Coal Industry Minister Volodymyr Demchyshyn said Monday. Ukraine, which resumed Russian gas ...
Tags: Ukraine, Natural Gas, high gas prices
Despite expectations of a seasonal pickup in the Medium Range tanker market in the Americas in the fourth quarter -- particularly from November onward -- charterers were able to pressure freight rates lower Wednesday, with Medium Range ...
Tags: Freight Rate, USGC-Europe, LR1 tanker
Both imported and domestically produced LPG prices drifted lower in South and East China this week, mainly weighed down by the bearish market outlook, trade sources said Friday. Asian LPG prices slid to near 28-month lows Thursday, ...
Tags: LPG Prices, LPG
Spot prices for delivered cargoes of North Sea propane have gained support from demand for first-half April product, according to industry sources. Following a mild winter, demand for propane from the traditional heating sector is ...
Tags: Propane, April Demand, petrochemicals
Japan's LPG stocks as of end-January dipped 1.23% month on month to 1.847 million mt from 1.870 million mt in December, the second straight monthly decline, as winter demand also prompted higher imports, data from the Japan LPGas ...
Tags: LPG Stocks, LPGas
Japan's direct-burning crude oil demand for power generation has picked up since late December as a cold spell across the country has increased appetite for loadings into March in the absence of nuclear output, industry and trading sources ...
Tags: crude oil demand, power generation
China National Petroleum Corp has ramped up production at its gas fields in Turkmenistan in anticipation of higher winter demand in China, the company said Tuesday. Gas from the Amu Darya project's 31 wells is now flowing at rate of 19.8 ...
Tags: Gas Output, Winter Demand
State-owned China National Petroleum Corp said Friday that the Hutubi natural gas storage facility in western Xinjiang has about 1 billion cubic meters of gas inventory, which will help alleviate peak winter demand in the area. The ...
Tags: Gas, Metallurgy, Mineral, Energy
The slide in LPG prices over the past four days on abundant supply and an Asian demand pause has sent physical values to six-week lows and flipped the paper market to the steepest contango structure since early July 2012, market sources ...
Tags: Metallurgy, Mineral, Energy
Japan's largest city gas utility, Tokyo Gas, sold 1.111 billion cubic meters of gas in May, up 7% year on year but down 8.4% from April as demand eased after winter, the company said Friday. Sales to the main industrial sector rose 18.1% ...
Tags: Gas, Metallurgy, Mineral, Energy
Non-OECD Asia, especially China and India, will slowly but surely join the club of countries with underground gas storage facilities as gas demand grows and security of supply becomes imperative, a senior executive with Storengy, GDF Suez's ...
Tags: Chemicals, underground gas
China's crude oil imports in December rose 8% year on year to 23.67 million mt, or an average of 5.6 million b/d, according to preliminary trade data released Thursday by the General Administration of Customs. The volume is 1.9% lower ...
Despite record low temperatures in China, the country's gas companies say they expect to be able to cope with increased winter gas demand in the coming weeks. Sinopec said Tuesday on its website that it had been implementing several ...
Tags: gas companies, gas, gas demand, PetroChina
At least a few Japanese refiners have started to consider importing more kerosene for February deliveries amid a particularly bullish winter demand period in the country, industry sources said Friday. Japan has been experiencing a colder ...
Tags: bumper kerosene, refiners, kerosene, kerosene sales