Reuters /Singapore Royal Dutch Shell has entered China’s shale oil sector, signing an agreement with state-owned Sinopec to study an East China block, part of the nation’s early efforts to unlock the…
China’s surging 2019 gas demand will require better integration for end-users 09-Apr-2019 Intellasia | Reuters | 6:00
China’s surging natural gas demand in 2019 will require more efforts to better connect end-users to suppliers as government policies and a recent tax cut will continue to spur consumption of the…
Spot deals make up more of global LNG market as sellers get flexible
Reuters Singapore Spot trades and other short-term deals are making up more of the transactions in the global liquefied natural gas (LNG) market as producers in the US and Russia offer more…
PRESS RELEASE on the Foreign Minister’s transition to Beirut for participation in the tripartite Ministerial meeting of Cyprus – Greece – Lebanon
The Minister of Foreign Affairs, Mr. Nikos Christodoulides, goes to Beirut tonight to participate in the work of the first official tripartite Ministerial Meeting of Cyprus – Greece – Lebanon. At the…
Noble Energy Wins Big Gas Deal From Israel Electric Corporation
Israel Electric awarded the deal to the partners in the Leviathan gas field over the Tamar field partners It was Yitzhak Tshuva and Noble Energy competing against Yitzhak Tshuva and Noble Energy…
Eni to complete seventh Zohr gas processing station in July
Eni will complete the Zohr field’s seventh natural gas treatment plant in Port Said’s El Gameel region in July to raise output to 2.7 bcf/d from 2.3 bcf/d currently, an unnamed industry…
Oil Hits a Five-Month High as Libya Clashes Add to Supply Concerns
Oil extended gains after capping its best week in almost two months as an escalation of fighting in OPEC producer Libya overshadowed the biggest increase in U.S. active rigs since May. Futures…
Total, China battery maker team up in latest Big Oil shift
Total SA is tying up with China’s Tianneng Group to build batteries, moving into mass production of electricity storage technology after snapping upSaft Groupe SA in 2016. The joint venture will focus on making…
Biggest US gas shipper hunts China deals, trade truce or not
Bloomberg/Singapore/Shanghai America’s biggest natural gas exporter is ready to sign long-term agreements with buyers in China, the world’s top market for the fuel, with or without a trade truce. Cheniere Energy Inc…
Venezuela Blackouts Cut Oil Output by Half During March
Power failures that plunged Venezuela into darkness for much of March also briefly slashed the country’s crude production by half, according to people familiar with the situation. Rolling blackouts across much of the country…