The agreement is to provide part of the country'.s power needs and boost supply stability in the region through renewable energy resources.
Read More »Troubled GE Slashes 12.000 Energy Jobs
GE shares were up 0.5 percent in premarket trade. However. the company’s shares have sunk 44 percent this year.
Read More »CNOOC Spends Big on FLNG
The Asian spot LNG curve. however. is in backwardation. meaning future prices are lower than prompt market levels.
Read More »An Iranian Woman among Chicagoan Greats
Dr. Bahramirad is the current secretary of women in engineering society of Chicago chapter.
Read More »Saudi’s SABIC to Open Office in Iraq
Saudi Arabia and Iraq are respectively the biggest and second biggest producers of OPEC.
Read More »China`s Natural Gas Push is too Successful. Creates Price Dilemma
The dilemma facing the NDRC is how to ensure sufficient natural gas without boosting prices too high to start causing economic pain to consumers.
Read More »Shale Drillers Say Higher Oil Prices won`t Spur Rush
Higher oil prices can bring in more cash to the balance sheet.
Read More »Korea Becomes World`s Sixth Largest Exporter
Shares of South Korean goods on the global market rose to a record 3.3 percent in the first half of this year.
Read More »Russia Begins Production on Second Liquefied Natural Gas Plant
Novatek owns a 50.1% stake in Yamal LNG. France’s Total and China National Petroleum Corp each control 20%. while China’s Silk Road Fund owns 9.9%.
Read More »World`s Largest Oil Consumer Needs a Lot Less Oil. Thanks to Its Own Output
U.S. net oil imports. including crude and refined products. last week dropped to just 1.77 MMbpd.
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