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China's LNG Prices Highest Since 2011 as Winter Demand Soars - Dealers
China's domestic prices for liquefied natural gas (LNG) on Monday topped 7,000 yuan ($1,061) a tonne, highest since at least 2011, as demand soared with millions of homes burning gas for the winter instead of coal.
By : Reuters l Reporting by Chen Aizhu l Editing by Tom Hogue | November 28, 2017
Indian State Oil Firms Betting On Natural Gas As Next Big Thing
India's state oil refiners are planning an aggressive push into natural gas in coming years to meet Prime Minister Narendra Modi's goal of making the fuel a bigger part of the country's energy mix.
By : Reuters l Reporting by Promit Mukherjee in MUMBAI and Nidhi Verma in NEW DELHI l Editing by Henning Gloystein and Tom Hogue | November 27, 2017
Chevron Drops Decision to Leave Bangladesh
The U.S. oil company Chevron will not sell three subsidiaries and leave Bangladesh as planned.
By : Reuters l Reporting By Serajul Quadir l Editing by Larry King | November 24, 2017
China's CEFC Eyes Big League With Rosneft Oil Offtake Deal
As part of its recent $9.1 billion investment in Russian oil giant Rosneft, little-known CEFC China Energy will have access to up to 260,000 barrels per day (bpd) of Russian oil - giving it the sort of market clout to potentially challenge dominant Western oil traders like Vitol.
By : Reuters l Reporting by Chen Aizhu in Beijing and Olga Yagova in Moscow, with additonal reporting by Florence Tan and Henning Gloystein in Singapore l Editing by Josephine Mason and Ian Geoghegan | October 18, 2017
India's Reliance Makes First Purchase Of US Crude
India's Reliance Industries Ltd has purchased crude oil cargoes from the United States for the first time, drawn by the lower price for U.S. oil versus global benchmarks, three trade sources said on Tuesday.
By : Reuters l Reporting by Nidhi Verma in NEW DELHI, Florence Tan and Jessica Jaganathan in SINGAPORE l Editing by Christian Schmollinger | October 04, 2017
Bangladesh Set To Sign 15-Year LNG Import Deal With Qatar
Bangladesh will sign a 15-year deal with Qatar's RasGas Co to import liquefied natural gas (LNG) starting in 2018 as the South Asian country turns to the supercooled fuel to fill a domestic supply gap for power generation
By : Reuters l Reporting by Ruma Paul l Editing by Tom Hogue | September 18, 2017
Western Australia Halts Hydraulic Fracturing, To Probe Risks
Western Australia state (WA) will ban onshore hydraulic fracturing while it looks into the risks associated with the drilling technique, its environment minister said, making it the fifth Australian state to restrict the process.
By : Reuters l Reporting by Tom Westbrook l Editing by Christian Schmollinger and Gopakumar Warrier | September 12, 2017
China's Teapot Plants From New Club To Beat Rivals, But Will It Work?
A group of independent Chinese oil refiners is clubbing together to survive an onslaught by state-owned giants and the rise of private chemical giants, but industry analysts said the new alliance may find it hard to stick.
By : Reuters l Reporting by Chen Aizhu l Editing by Henning Gloystein and Tom Hogue | September 11, 2017
Japan to Buy Up to 50,500 T LPG for National Stockpile
State-run Japan Oil, Gas and Metals National Corp (JOGMEC) has issued a tender to buy 50,000 to 50,500 tonnes of liquefied petroleum gas (LPG) for national stockpile.
By : Reuters l Reporting by Osamu Tsukimori l Editing by Gopakumar Warrier | September 04, 2017
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