Keyword: Energy

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Sinopec to Build China's Biggest Coal-to-gas Project

07.04.2013 - China's state energy giant Sinopec Group envisages investing 70 billion yuan ($11.3 billion) to build the country's largest coal-to-gas project in 8-10 years to meet a rising...

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Gazprom Neft, Shell to Team Up on Shale Oil, Arctic

05.04.2013 - Gazprom Neft and Royal Dutch Shell will agree to drill for shale oil in Western Siberia and explore Russia's Arctic shelf when President Vladimir Putin visits the Netherlands next...

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BP Puts U.S. Wind Farm Arm Up for Sale

03.04.2013 - BP has put its U.S. wind farm operation, one of the largest in the country, up for sale, marking the continued retreat of big oil companies from renewable energy investments while...

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Statoil Plans East Africa LNG Plant After Tanzania Gas Find

19.03.2013 - Statoil and Britain's BG Group plan to build a $10 billion East African liquefied natural gas (LNG) terminal well placed for exports to Asia, after the Norwegian company made a new...

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A Year After Elgin Shutdown, Total Restarts Production

11.03.2013 - Total restarted production at its huge Elgin gas field in the North Sea on Saturday, almost a year after a major gas leak which cost the company millions of euros in lost output...

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EU Regulators Approve Sinopec's European Storage Deal

08.03.2013 - EU competition regulators have cleared the acquisition of Dutch petroleum products and biodiesel storage firm Vesta Terminal by Chinese oil major Sinopec and Swiss-based energy...

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U.S. Barnett Shale to Pump Natural Gas to 2050

28.02.2013 - The Barnett Shale formation in Texas will play a central role in the U.S. natural gas boom for a generation, according to a new in-depth report, the findings of which were released...

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Imperial Oil Names Exxon Veteran Kruger as CEO

22.02.2013 - Imperial Oil has named Exxon Mobil executive Rich Kruger to replace Bruce March as CEO of Canada's No. 2 oil producer and refiner as it readies to start up its C$12.9 billion ($12...