Industry News
Shell launches fast-charging stations for electric vehiclesOctober 26, 2017Royal Dutch Shell has launched a fast-charging service for electric vehicles at three Shell service stations near London and in northern England, the company said on Wednesday.The service, which charg...view- Russia is prepared for $40 oil, finance minister saysOctober 25, 2017Russia has accounted for oil at $40 a barrel in its budget, the country's finance minister Anton Siluanov told CNBC in a TV interview on Friday.Brent crude was trading above $57 on Friday, but the Rus...view
- China will 'compel' Saudi Arabia to trade oil in yuan — and that's going to affect the US dollarOctober 24, 2017China will "compel" Saudi Arabia to trade oil in yuan and, when this happens, the rest of the oil market will follow suit and abandon the U.S. dollar as the world's reserve currency, a leading economi...view
- Hurricane Nate shuts down about 90% of Gulf of Mexico oil productionOctober 22, 2017Oil production slowed to a trickle in the Gulf of Mexico this weekend as energy companies turned off the taps and evacuated workers in preparation for Hurricane Nate.More than 92 percent of crude outp...view
- Successful 30th World Forum closes in MarrakechOctober 21, 2017The 30th World LPG Forum saw delegates from across the LPG industry and around the globe gather in Marrakech, Morocco last week.The event saw a huge number of engaging presentations focusing on growth...view
- Global oil demand will pass 100 million barrels per day by 2020, says OPEC's BarkindoOctober 20, 2017OPEC General Secretary Mohammad Barkindo said Thursday that oil markets are rebalancing at "an accelerating rate" and that he foresaw "no peak" for oil demand for "the considerable future."Speaking at...view
- Liquefied Petroleum Gas (LPG) Market: Detailed Segmentation and Forecast 2017October 20, 2017Progressive Markets has published a report, titled, "Global Liquefied Petroleum Gas (LPG) Market - Size, Trend, Share, Opportunity Analysis & Forecast, 2014–2025." As per the report, LPG market i...view
- New Ideas of Market Planning for LNC Project in ChinaOctober 13, 2017In China, these five LNG downstream markets are not only extremely broad, but also have the potential of hundreds of millions of tons per year, and are capable of withstanding the price of LNG interna...view
