2014-09-02 18:20:00
INDIA OUTPACING CHINA
India's oil demand has grown faster than China's so far this year, highlighting slowing energy demand in the world's most populous country and fueling expectations that India may pick up the slack over the medium-to-long term. The pace of India's demand also reflects optimism about India's economic growth under Prime Minister Narendra Modi.
In absolute terms China is Asia's largest oil consumer, having burned 10.76 million barrels a day of oil and accounting for 12.1% of global oil consumption in 2013, according to BP PLC.BP.LN -0.32% The second-largest oil consumer in Asia is Japan, though its oil consumption has been declining as its economy has matured.
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2019, October, 14, 13:47:00
ADVANCES IN BIOFUELS AND BIOENERGY
Longdom welcomes you to attend the Advances in Biofuels and Bioenergy during October 21-22, 2019 at Toronto, Canada. We cordially invite all the participants interested in sharing their knowledge and research in the arena of Biofuels and environmental sciences.
2019, October, 14, 13:45:00
CHINA'S OIL IMPORTS UP 11%
China's crude oil imports jumped 10.8% year on year to hit 10.08 million b/d in September, crossing over 10 million b/d mark again since April,
2019, October, 14, 13:40:00
INDIA'S GAS INVESTMENT $60 BLN
India is investing $60 billion to build a national gas grid and import terminals by 2024
2019, October, 14, 13:35:00
THE NEW IRAN'S GAS
The National Iranian Oil Company (NIOC) announced the discovery of a new gas field south of Fars Province, southern Iran.
2019, October, 14, 13:30:00
SANTOS, CONOCOPHILLIPS ACQUISITION $1.39 BLN
Acquisition of ConocoPhillips’ northern Australia business with operating interests in Darwin LNG, Bayu-Undan, Barossa and Poseidon for US$1.39 billion plus a
$75 million contingent payment subject to FID on Barossa
2019, October, 14, 13:25:00
U.S. RIGS UP 1 TO 856
U.S. Rig Count is up 1 rig from last week to 856, Canada Rig Count is up 2 rigs from last week to 146
2019, October, 11, 12:15:00
OIL PRICE: NEAR $60
Brent rose as much as 2.3% to $60.46 a barrel and were at $60.13 per barrel, WTI rose as much as 2.1% to $54.69 a barrel and were at $54.47 per barrel, up 92 cents.