There is a higher possibility that Vladimir Putin will close a 30-year deal with China next month to supply pipeline gas to the country after failing to do so severally in the past decade. T.........
see more >>Irans oil minister said on Monday that his country will increase its crude oil output despite the US-led sanctions against the countrys energy sector. Iran has an extensive plan to bolster i.........
see more >>Crude oil prices eased in Asia early Monday on renewed concerns about the pace of U.S. economic recovery. NYMEX crude prices start new week in Asia down slightly On the New York Mercantile E.........
see more >>Global oil giant BP on Wednesday announced it will close one of its two Australian refineries with the loss of 355 jobs, citing growing competition from Asia. The Bulwer Island refinery, nea.........
see more >>The Shell Petroleum Development Company (SPDC) in Nigeria blames the incessant oil spills in the Niger Delta region to the activities of oil thieves. The companys spokesperson Joseph Obari t.........
see more >>Khartoum Minister of Petroleum Eng. Makkawi Mohamed Awad has revealed an agreement between Sudan and China to increase oil production, tackle the issue of Chinese companies debts and ownersh.........
see more >>In September 2013, Chinas net imports of petroleum and other liquids exceeded those of the United States on a monthly basis, making it the largest net importer of crude oil and other liquids.........
see more >>The price of oil crept closer to $100 a barrel Wednesday as investors waited for details on the levels of U.S. crude stockpiles. By early afternoon in Europe, benchmark U.S. crude for May de.........
see more >>China saw its output of natural gas increase 8.3% year on year to 10.3 billion cubic meters in Feb 2014, said the National Development and Reform Commission in a statement published on its w.........
see more >>At least four miners were killed and nine went missing in a colliery gas outburst Friday in Chinas Henan province, authorities said. The outburst occurred at 10.37 a.m. in a tunnel in Ruzhou.........
see more >>A well in a newly discovered natural gas field in southwest Sichuan Province underwent ignition testing on Friday. The gas field has proven reserves of 440 billion cubic meters and is one of.........
see more >>As Chinas slowdown becomes clearer, the ground is shaking beneath commodities bulls feet. Yet there is one corner of the commodities markets that can relax somewhat easier: oil. Investors in.........
see more >>Brent crude oil prices have dropped to under $108 per barrel after data was released showing weak industrial production and retail sales in China, the worlds second-largest oil consumer, spa.........
see more >>Far East Energy Corporation (OTCBB:FEEC), the U.S. listed company that operates the Shouyang Block Coalbed Methane (CBM) Production Sharing Contract (PSC) in Shanxi Province, Peoples Republi.........
see more >>China guaranteed the annual purchasing of 3 million tons of liquefied natural gas from Yamal. The agreement between governments of Russia and China on the project Yamal LNG ensures favorable.........
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