2015-05-04 11:40:00
SINOPEC PRESIDENT DETAINED
A widening corruption probe in China has ensnared another oil executive, this time the number two man at state owned Sinopec.
Sinopec president Wang Tianpu was detained by Communist party officials on Monday for suspected "serious violations of discipline and law," the Financial Times said.
Wang was appointed president in June 2000 and is currently listed as a member of the party committee at the China Petroleum Corporation on Sinopec's website.
China's Central Commission for Discipline Inspection confirmed the probe but has not disclosed further…
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2020, January, 17, 11:22:00
SAIPEC EXIBITION, CONFERENCE 25-27 FEB 2020
WELCOME TO THE 4TH SUB SAHARAN AFRICA INTERNATIONAL PETROLEUM EXHIBITION AND CONFERENCE - OIL AND GAS AS AN ENABLER FOR ECONOMIC TRANSFORMATION IN SUB-SAHARAN AFRICA
2020, January, 17, 11:21:00
RUSSIA'S LNG INVESTMENT PROJECTS
Experts expect LNG production growth in Russia. By 2024, the projected export growth is up to 47,9 million tonnes. The latest news on encouraging LNG application in the country reveals that Russian shipping companies are switching to fuel with low sulphur and nitrogen content starting from 1 January 2020.
2020, January, 17, 11:20:00
JAPAN'S OIL STOCKS UP 28%
The crude stocks held by Saudi Arabia and Abu Dhabi were 1.41 million kiloliters, or 8.87 million barrels, at the end of November, equating to four days of Japanese oil consumption, up from 1.1 million kiloliters a month earlier, according to data released Wednesday by the Ministry of Economy, Trade and Industry.
2020, January, 17, 11:15:00
NETHERLAND'S GRONINGEN GAS DOWN
A production cap has been put in place to prevent earthquakes linked to gas extraction at Groningen and the Dutch government plans to phase out gas extraction at the field completely by mid-2022.
2020, January, 17, 11:10:00
LEVIATHAN'S GAS BEGINING
In its first development phase, Leviathan has a production capacity of 1.2 Bcf/d (34 million cu m/d).
2020, January, 17, 11:05:00
NOVATEK PRODUCTION +7.5%
In 2019, NOVATEK’s hydrocarbon production totaled 590.1 million barrels of oil equivalent (boe), including 74.70 billion cubic meters (bcm) of natural gas and 12,148 thousand tons of liquids (gas condensate and crude oil), resulting in an increase in total hydrocarbons produced by 41.0 million boe, or by 7.5% as compared with the twelve months 2018.
2020, January, 17, 11:00:00
U.S. RENEWABLES UP
Solar and wind power use has grown at a rapid rate over the past decade or so, but as of 2018 those sources accounted for less than 4% of all the energy used in the U.S.