Oil and Gas
WTI price no shale threat
Houston (UPI) Nov 21, 2014 - The slump in crude oil prices hasn't yet resulted in a slowdown in production from shale basins in the United States, analysis finds.
Oil and Gas
BP closer to bringing Azeri natural gas to Europe
Toronto (UPI) Nov 20, 2014 - A Canadian pipeline company said it secured a $200 million contract from BP to help develop the second phase of the Shah Deniz gas field off the Azeri coast.
Energy News
Bit Stew Systems Announce Major Expansion in Australia
Melbourne, Australia (SPX) Nov 20, 2014 - Bit Stew Systems has announced significant growth and expansion into the Australian market. The company has created a Melbourne-based Center of Excellence that focuses on innovation in human-to-mach
Oil and Gas
China discloses status of strategic oil reserves
Beijing (UPI) Nov 20, 2014 - For the first time ever, the Chinese government published data on its strategic petroleum reserves, saying it had about 91 million spare barrels on hand.
Energy News
China eyes investments in Slovenia infrastructure
Ljubljana (AFP) Nov 20, 2014 - China's vice Premier Wang Yang arrived here on Thursday in a visit seen by Slovenia as crucial for attracting Chinese investments in the tiny crisis-hit eurozone country.
Energy News
China unveils energy strategy, targets for 2020
Beijing (XNA) Nov 20, 2014 - China has issued a long list of targets for its future energy strategy as the country looks to modernize its energy structure. The State Council promised more efficient, self-sufficient, green
Oil and Gas
Crude oil prices continue upward swing
New York (UPI) Nov 20, 2014 - Though U.S. data show output continuing unabated, crude oil prices continued their rise Thursday in anticipation of next week's OPEC meeting.
Energy Tech
Hybrid Ferry MF Finnoy Completes Three-Month Trial
Richmond, Canada (SPX) Nov 20, 2014 - Corvus Energy has announced the completion of the three month trial of the hybrid ferry MF Finnoy. The refit vessel used a 960V, 260kWh Energy Storage System (ESS) consisting of 40 Corvus Energy AT6
Oil and Gas
Ineos in $1bn bid to become UK’s biggest fracking firm
London (AFP) Nov 20, 2014 - Swiss-based petrochemical firm Ineos launched plans Thursday to become the biggest player in Britain's fracking sector with a $1.0-billion investment in the nation's shale gas industry.
Oil and Gas
Russia’s Gazprom keen on Vietnamese gas reserves
Moscow (UPI) Nov 20, 2014 - Russian energy company Gazprom said it was reviewing the prospects of further cooperation with Vietnam in the Asian country's offshore natural gas sector.
Oil and Gas
Shale revolutionary for United Kingdom, company boss says
London (UPI) Nov 20, 2014 - Chemical company Ineos said shale natural gas could revolutionize the British economy, though it's been met with stiff opposition from environmental advocates.
Oil and Gas
Shots fired in U.S. oil export row
Washington (UPI) Nov 20, 2014 - Claims that easing U.S. oil export restrictions won't have economic benefits go against peer-reviewed studies, the head of an oil producers coalition said.
Bio Fuel
WELTEC builds Biogas Plants in Greece
Vechta, Germany (SPX) Nov 20, 2014 - Using the Energy Decentral within the framework of the Eurotier trade fair in Hanover, Germany, as a communication platform, the German biogas plant manufacturer WELTEC BIOPOWER is happy to welcome
Energy Tech
China seeks to cap coal use at 4.2 bn tonnes by 2020
Beijing (AFP) Nov 19, 2014 - China aims to cap its annual coal use at 4.2 billion tonnes by 2020, it said Wednesday, a one-sixth increase on current consumption, already by far the world's largest.
Energy News
Current pledges not enough to stop global warming: UN report
Washington (AFP) Nov 19, 2014 - Pollution is still rising despite world pledges to cut carbon emissions, and more action is needed to rein in climate change in the coming years, a UN report said Wednesday.
Oil and Gas
GOP vows to try again with Keystone XL when new Congress begins
Washington (UPI) Nov 19, 2014 - The Senate bill in favor of Keystone XL that died Tuesday would've been vetoed anyway, though Republican leaders said they'll try again.