U.S. crude oil futures shed on Wednesday on the way to a sixth straight lower index, but settled well above its intraday low. WTi crude for June delivery traded at 96.81 dollars a barrel, down 20 cents.
read more... 10/05/2012
According to an Iranian energy official, the country envisages the construction of a 136-mile natural gas pipeline to its neighbors in Iraq, with a daily capacity of 25 million cubic meters of natural gas.
read more... 08/05/2012
According to the declarations of French economy minister Eric Besson on Thursday, France could review its ban on the hydraulic fracturing technique for the exploration of shale gas, if shale explorers are able to prove that the technique is not harmful to the environment.
read more... 04/05/2012
According to the Ministry of Land and Resources data, China invested $222 million (Yuan 1.4 billion) in its shale gas sector last year.
read more... 02/05/2012
The Nabucco gas pipeline, which was initially aimed at transporting vast amounts of central Asian gas through Turkey and into Europe, will have to downsize to meet lower demand if it is to avoid certain death.
read more... 02/05/2012