Industry News
Oil prices rise, but 2018 outlook points to ample supplyDecember 26, 2017SINGAPORE (Reuters) - Oil prices rose on Monday amid an ongoing North Sea pipeline outage and signs that booming U.S. crude output growth may be slowing, although the 2018 outlook points to ample supp...view- The Joint Venture of Shell Group of Companies and PetroChina Co Ltd. Will Promote Australian Gas DevDecember 26, 2017The Australian gas development projects, which has been waited for a long period by the Royal Dutch /Shell Petro Group of Companies (64.12, 0.43, 0.68%) and PetroChina Co Ltd. (67.54, 0.63, 0.94%), ma...view
- The Production of Bella Block in Brazil Offshore Oil Field, Chinese Capital Accounts for 20%December 25, 2017Cnooc Limited (hereinafter referred to as CNOOC, 00883.HK; NYSE:CEO; TSX:CNU) announced in November 27th that the Libra oilfield block located in the southeastern waters of Brazil has started producti...view
- China asks energy firms to cut gas supply to some industries by 15 mln cubic metres per dayDecember 25, 2017BEIJING, Dec 18 (Reuters) - China’s state planner on Monday said it had asked national energy majors CNPC, Sinopec and CNOOC to cut natural gas supplies to some industries by a total of about 15 mill...view
- The gas pipeline in Central Asia has transported 200 billion cubic meters of natural gas to the domeDecember 24, 2017As of 15 November 29th, the gas pipeline in Central Asia has transported 200 billion cubic meters of natural gas to domestic gas.It is reported that the main source of 200 billion cubic meters of natu...view
- The Ten Most Productive Oil Field in The World, One Is Located in ChinaDecember 23, 2017Though shale energy revolution has been widely discussed, the world still relies on mass production of oil from existing oil fields. The Middle East has been playing an important role in oil field for...view
- Shell calls for the cancellation of Australian natural gas development restrictionsDecember 22, 2017Shell Group continues to demand the cancellation of government restrictions on the development of onshore natural gas reserves in Victoria, Australia. The chairman of the company in Australia, Shell G...view
- Dubai's Oil Companies Bid for the Further Development of Rashid Oil FieldDecember 21, 2017Dubai petroleum has issued a bidding document for a key contract for the design, procurement, construction and installation of offshore engineering, which involves further development of its Rashid oi...view
