PetroChina won approval for Shenzhen LNG Terminal
PetroChina Co., the nation’s top oil producer, has won initial approval from the National Development and Reform Commission to build a liquefied natural gas receiving terminal in Shenzhen. Hu Weiping,...
View ArticlePetroChina, Beijing Gas group plans to build new gas pipeline
PetroChina and Beijing Gas Group Co Ltd, an arm of Beijing Enterprises Holdings Ltd announced their plan to invest RMB 20 billion via a joint venture to build the third gas pipeline between Beijing and...
View ArticleChina CNPC is aiming to double Gas Output by 2015
State-owned CNPC, China’s leading oil and gas company, aims to double its natural gas output in seven years. CNPC, the parent of PetroChina, declared that it has planned to produce 120 billion cubic...
View ArticleChinese Shale Gas Attracting International Investment
China has an enormous gas market to be filled, both in the short term and long term, where natural gas will account for as much as 12 percent of the primary energy needs over the next decade from the...
View ArticleChina Continuing to Obtain Gas Resources
The recent deal represents the biggest investment to date by a Chinese company in the North American energy sector, appearing to balance demand to develop gas fields at a time when low commodity prices...
View ArticleGas Exploration Hotspots
Shale gas has already been dubbed a ‘game changer’ for US energy markets - these three hotspots may prove to be just as fruitful.Continue reading...
View ArticleMore Takeovers on the Horizon after Sinopec Deal for Daylight say Analysts
Following a $2.2 billion deal that will see Sinopec acquire Daylight Energy, analysts believe Chinese firms may be poised for a shopping spree in Canada’s natural gas sector.Continue reading...
View ArticleShell Looking to Cash in on PetroChina’s Quest for Shale Gas
Tie-ups with PetroChina may have Shell in pole position to reap the benefits of China’s potential shale bonanza. Continue reading...
View ArticleBHP Billiton Sells PetroChina its Woodside Holdings for $1.63 Billion
Bloomberg reported that PetroChina Co. will pay BHP Billiton $1.63 billion for its holding in Woodside Petroleum Ltd.’s proposed Browse liquefied natural gas project, located in Western...
View ArticleChinese Shale Gas: Potential Market Changer
North American investors believe that the future of the market lies out east, and will be closely watching studies aimed at investigating China's unconventional resource development. Continue reading...
View ArticleClik here to view.
Oil and Gas Execs Anticipate More Acquisitions in Next Year
Mining Weekly reported that a recent survey from EY shows that over two-thirds of oil and gas execs see themselves pursuing an acquisition in the next year. That’s up 10 percentage points from deal...
View ArticleClik here to view.
Natural Gas Outlook 2016: Prices to Stay Down on Oversupply
Bears are out in full force in the natural gas market. Natural gas prices sank to a 16-year low in early December, with the spot price for US Henry Hub checking in at $1.62 per million British thermal...
View ArticleClik here to view.
Condor Petroleum to Acquire Marsa Energy
Condor Petroleum (TSX:CPI) has entered an agreement to acquire Marsa Energy (TSXV:MEP). The companies stated that the move will “create a well-capitalized company with significant exploration and...
View ArticleClik here to view.
Best Natural Gas Stocks: Top Performers
Natural gas prices have been under pressure lately, sinking on oversupply and predictions of warmer temperatures. That’s put plenty of pressure on oil and gas companies, particularly junior explorers...
View ArticleClik here to view.
2016 Outlook Free Reports
The Investing News Network has created a series of free reports for investors, reviewing 2015 highlights and looking forward to 2016. With over 50 articles covering more than 40 investing topics,...
View ArticleClik here to view.
Worries Persist Over Impacts of California Gas Leak
Time reported that residents of California’s Porter Ranch neighbourhood are still evacuating in the wake of a massive gas leak. As quoted in the article: Shapiro and her family are among the more than...
View ArticleClik here to view.
Shell Quits Plans for Major Gas Project in United Arab Emirates
Royal Dutch Shell (NYSE:RDS.A) is shelving plans for a major gas development project in the United Arab Emirates, the Wall Street Journal reported. As quoted in the publication: The project is the...
View ArticleClik here to view.
Exploration Group Finds Potentially Huge Natural Gas Discovery in Israel
Haaretz reported that an Israeli exploration group may have found a potentially large natural gas field off of the country’s Mediterranean coast. As quoted in the publication: The group, led by Isramco...
View ArticleClik here to view.
Natural Gas Prices Today: A Brief Overview
Natural gas prices today are not doing well. Spot prices for US Henry Hub averaged around $1.93 per million British thermal units (mBtu) in December, with prices sitting around $2.30 mBtu last week....
View ArticleClik here to view.
Natural Gas Prices Dip to $2.13 per mBtu
The Wall Street Journal reported that natural gas prices fell on Friday due to concerns over demand. A snowstorm is set to hit the east coast of North America, but market watchers fear that won’t boost...
View Article