Work on the worlds first roll-on/roll-off ship powered by two kinds of fuels began Wednesday, according to the Chinas largest shipping company. The ship, which can carry 3,800 cars, is the f.........
see more >>Oil prices are unlikely to recover soon as Saudi Arabias drive to boost its refining activities is expected to force refineries elsewhere to slow down their operations, thus creating an even.........
see more >>Dated Brent has been assessed below the psychologically-important $50/barrel mark for the first time since January, Platts data showed Monday. Mondays assessment of $49.145/b, was the lowest.........
see more >>Ugandais due to sign oil production licenses with Frances Total and Britains Tullow Oil by the end of the year as it seeks to start commercial production. The Ministry of Energy is over seei.........
see more >>THE HAGUE-- Shells Polar Pioneer rig has started drilling operations in the Chukchi Sea, offshore Alaska. Last Thursday, at approximately 17:00 local time, Shell began drilling operations at.........
see more >>The China National Petroleum Corporation, PetroChina, has reportedly decided to back-out of its contract with Russian gas giant Gazprom in the construction of a natural-gas pipeline. The pip.........
see more >>A Scottish delegation on an official trip to Beijing said they wanted to draw Chinese investors into the North Sea oil and natural gas sector. Scottish First Minister Nicola Sturgeon led a d.........
see more >>Saudi Basic Industries Corp., the worlds second-biggest chemicals manufacturer, plans to expand investment in U.S. shale gas projects through joint ventures, according to acting Chief Execut.........
see more >>Testing of the 16th exploitation well at the Longwangmiao formation in the Moxi block of the Anyue gas field in southwestern Chinas Sichuan Basin has been completed. The Moxi 009-2-H2 well, .........
see more >>A delegation from the Sinopec Group, Chinas largest oil and gas company, visited Karamay in the Xinjiang Uygur autonomous region on July 19. Led by Wang Yupu, president of Sinopec, the deleg.........
see more >>According to the latest statistics issued by Chinas Customs House, this country imported 671,800 barrels of crude oil from Iran daily in June. China, as the biggest customer of Iranian oil, .........
see more >>ConocoPhillips ended talks with PetroChina Co. on a shale gas development in the country after a two-year study. The right commercial decision was to halt further discussions on this block, .........
see more >>Saudi Arabias crude oil exports slumped to a five-month low in May as local refineries used more supplies and some plants in China closed for maintenance. The worlds biggest oil exporter shi.........
see more >>Aiming to import liquefied natural gas (LNG) from China, Pakistan has started construction of its seven hundred-kilometer pipeline, Radio Pakistan reported. Minister of Petroleum and Natural.........
see more >>Crude prices ticked up on Thursday morning after a power outage shutdown the UKs largest oil field. According to Reuters, production was halted at the Nexen operated Buzzard field after powe.........
see more >>