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Ecopetrol Will Suspend Shipments of Gas to Venezuela as Increased Domestic Requirements

May 6, 2014

State-controlled Colombian oil and natural gas company Ecopetrol will suspend shipments of gas indefinitely to Venezuela starting Tuesday due to increased domestic requirements to fuel power plants, Ecopetrol vice president Pedro Rosales ...

Tags: gas fields, pipeline, Natural Gas

US Natural Gas Prices Will Remain in The $4/MMBtu Range This Year

Apr 28, 2014

US natural gas prices will remain in the $4/MMBtu range this year while production growth in Appalachian shales will continue to be feverish, a consultant's new study and Barclays said Thursday. The energy consultants at Arlington, ...

Tags: Natural Gas, natural gas prices

US and Chinese Academics Concluded in a Conference Held in Beijing

Feb 25, 2014

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

Nation Seeks to Reduce Use of Fossil Fuels in Move to Improve Air Quality

Dec 27, 2013

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

US Crude Oil Production Will Come Close to Its Record High by 2016

Dec 23, 2013

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 ...

Tags: oil, energy, shale gas

U.S. Crude Oil Production Will Come Close to Its Record High by 2016

Dec 18, 2013

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

Iran Has Large Gas Reserves and Is Ready to Supply Natural Gas to Ukraine

Aug 21, 2013

Iranian Ambassador to Ukraine, Akbar Qasemi-Aliabadi, said that Iran has large gas reserves and is ready to supply natural gas to Ukraine, Tehran Times daily reported on Saturday. "Both Ukraine and Moldova need natural gas, and Iran has ...

Tags: Metallurgy, Mineral, Energy

Response of Asian and Global Markets Will Be Much Stronger and Will Happen Much Sooner

Jul 10, 2013

The response of Asian and global markets to US liquefied natural gas exports will be much stronger and will happen much sooner than many anticipate, putting strong downward pressure on Asian prices, Rice University fellow Kenneth Medlock ...

Tags: LNG Exports, Chemicals

Mexico's PMI Is Set to Export 1.4 Million Barrels of Fuel Oil in July

Jul 3, 2013

China has taken delivery of around 88,000 mt of Iranian LPG in June after a break of four months, as the Islamic republic extends exports to North Asia in its attempts to circumvent sanctions aimed at preventing it from exporting oil ...

Tags: Metallurgy, Mineral, Energy

China Has Taken Delivery of Around 88,000 Mt of Iranian LPG in June

Jun 28, 2013

China has taken delivery of around 88,000 mt of Iranian LPG in June after a break of four months, as the Islamic republic extends exports to North Asia in its attempts to circumvent sanctions aimed at preventing it from exporting oil ...

Tags: Iranian LPG, Chemicals

The New Head of The US Trade Group Thought Obama Should Hasten a Permitting Process

May 31, 2013

Heartened by a brief mention of liquefied natural gas exports by President Barack Obama, the new head of the US trade group for shale gas producers said Thursday he thought Obama should hasten a permitting process that has issued only two ...

Tags: LNG Exports, Chemicals

Iran's Petrochemical Commercial Co Is Expected to Offer More LPG to Asia

May 20, 2013

Iran's Petrochemical Commercial Co is expected to offer more LPG to Asia after selling a cargo to South Korea, possibly its first to this region in 2013 since an EU ban late last year, by using ships made available for CFR deliveries, ...

Tags: Chemicals, LPG

Ernest Moniz Reiterated The Obama Administration's Position

Apr 11, 2013

President Barack Obama's nominee for energy secretary, Ernest Moniz, on Tuesday reiterated the Obama administration's position that decisions to license liquefied natural gas exports from the US should be based on a transparent, analytic ...

Tags: Metallurgy, Mineral, Energy

Russia's Gas Giant Gazprom Expects to Reach an Agreement on The Price of Gas

Mar 29, 2013

Russia's gas giant Gazprom expects to reach an agreement on the price of gas to be supplied to China via the eastern route in June, and sign a deal by the end of this year, Gazprom chairman Viktor Zubkov said in the full version of a TV ...

Tags: Gas Price, Eastern Route, Chemicals

US Energy Industry Must Vigorously Oppose Efforts to Restrict LNG Exports

Mar 22, 2013

The US energy industry must vigorously oppose efforts to restrict exports of liquefied natural gas, ExxonMobil Chemical President Stephen Pryor said Wednesday at the IHS World Petrochemical Conference. As the US Department of Energy ...

Tags: Energy Industry, Energy, liquefied natural gas

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