Tag Archives: East Asia

U.S. shale oil producers could increase production if oil prices rise.

China aims to increase domestic crude oil output to 200 million tonnes by 2020.

The pipeline'.s length is 1.830 kilometers and its total capacity is 55 billion cubic meters a year.

By 2022. the U.S. is expected to account for 40 percent of the world’s extra gas production.

The surge in demand is luring spot cargoes from places such as Norway and Nigeria that are not traditional LNG sources for China.

Japan. far from losing its LNG leadership. is positioning itself to supply cargoes to new markets around the world.

The increase in energy consumption will come from improved living standards and higher per capita income.

Half of all additions to China’s electricity generating capacity since 2013 have been renewables or nuclear.

Mitsubishi Heavy Industries Group will integrate and expand the product and technology lineup of its energy and oil and gas business to meet market needs.

The two companies plan to cooperate in refining. petrochemicals and crude trading.