Latest news
PetroChina puts into operation a new gas pipeline
According to China Petroleum Daily reports, PetroChina put into the operation a new pipeline on Wednesday, called Qinhuangdao-Shenyang , which will allow the major energy supplier to diversify its regional productions.
read more... 08/03/2011
Shell eyes shale gas search in South Africa’s Karoo Basin
The oil major Royal Dutch Shell announced that they intend to explore the large Karoo Basin in South Africa to search for shale deposits.
read more... 07/03/2011
Daily Energy Overview, Monday, March 07, 2011
U.S. crude oil futures increased to a 2-1/2 utmost level on Friday supported by civil turmoil in Libya that deepened worries about supply disruptions.
read more... 07/03/2011
China aims higher nuclear power capacity
“China should actively develop its nuclear power, it is the national strategy in energy security”, as the spokesman from the Chinese Academy of Engineering said.
read more... 07/03/2011
Total agrees to purchase a $4 billion stake in Novatek
Total, the third biggest oil company in Europe, agreed to pay $4 billion for a stake in Novatek and for joining the Arctic gas project.
read more... 07/03/2011