Air Products forms US$1.3 bn jv with Chinese company September 13, 2017 // 3 Comments US-based industrial gases company Air Products and Lu’An Clean Energy Company have formed a US$1.3 billion joint venture [...]
Iran to increase oil output to 4.5 mn bpd in five years, NIOC CEO says September 11, 2017 // 2 Comments Iran will be raising its oil production to reach 4.5 million barrels per day (bpd) within five years, said National Iranian [...]
Shell opens first gas station in Mexico, to invest US$1 bn in fuel sector September 6, 2017 // 4 Comments Global oil giant Royal Dutch Shell plc has opened its first gas station in Mexico, adding to the growing list of [...]
ExxonMobil’s Blue Whale gas project in Vietnam could start by November August 30, 2017 // 1 Comment Vietnamese Prime Minister Nguyen Xuan Phucsaid he hoped the country’s biggest gas field project for power generation [...]
RIL’s profit expected to grow with higher naphtha exports, ethane imports August 28, 2017 // 1 Comment Indian conglomerate holding company Reliance Industries Limited (RIL) is expecting its operating profit to increase with [...]
Rosneft pays India’s Essar Group’s US$2.4 bn debt to Iran after acquisition August 25, 2017 // 5 Comments Russian oil giant Rosneft settled the more than US$2.4 billion debt owed by Indian conglomerate Essar Group to Iran’s [...]
China’s natural gas consumption to rise 10% to 230 bn cu m in 2017 August 21, 2017 // 3 Comments Natural gas consumption in China is expected to grow 10% year-on-year and reach 230 billion cubic meters in 2017after signs [...]
China to issue oil exploration tenders, build two shale gas facilities August 16, 2017 // 3 Comments China will be issuing more oil and gas exploration tenders, and will also be building two shale gas facilities in the [...]
Indonesia’s oil and gas sector faces decline August 16, 2017 // 3 Comments Indonesia’s oil and gas sector, once considered to be a cornerstone of the country’s economy, is now in a slump as it [...]
Kansai Electric, Itochu to build and operate a natural gas power plant in the US August 14, 2017 // 1 Comment Japanese electric utility Kansai Electric Power and trading house Itochu Corporation are taking advantage of the shale gas [...]