Royal Dutch/Shell will sign another major long-term sales agreement for liquefied natural gas with China by the end of the year, its China chairman said yesterday.
Lim Haw Kuang declined to reveal which Chinese company would buy the clean energy or the volume that will be sold.
The Anglo-Dutch energy firm and Qatargas in April signed a [...]
China National Petroleum Corporation (CNPC), parent of the country’s largest oil and gas producer PetroChina<601857><857>, will team up with Myanmar Oil and Gas Enterprise to jointly invest in the Myanmar pipeline project valued at US$2.5 billion, sources reported.
CNPC will hold 50.9% stake in the project, while Myanmar Oil and Gas Enterprise will own the remaining. [...]
Construction of an oil and gas pipeline linking Myanmar and China’s Yunnan province is expected to start next year, said an official with the local government.
In line with the policy to boost domestic demand, Yunnan is to start building the pipeline in the first half of 2009, said Mi Gongsheng, director of the Yunnan Provincial [...]
Russian and Chinese leaders called on Tuesday for world finance to use a wider range of currencies, and Russian Prime Minister Vladimir Putin suggested bilateral trade in roubles and yuan rather than dollars.
“At the moment the world which is based on the dollar is suffering serious problems … The situation on the global financial markets [...]
Shanxi Energy Industries Group, a large state-owned energy and coal company based in Taiyuan, and Shanxi Xingrun Coal & Coke Company, a Chinese private energy company have formed a joint venture with Dutch based Green Gas International, for purpose of improving degasification practices and implement mine gas utilization systems at coal mines in Shanxi Province.
The [...]
As international communities fear that global oil reserves will dry up in 30 years, energy companies are racing to tackle the energy dearth.
And Enviro Energy International Holdings is looking to increase its oil and natural gas production.
The company’s chairman and chief executive officer, Kenny Chan, said that coalbed methane (CBM) provides sustainable energy, and his [...]
