2015-09-03 18:35:00
CHINA OIL FUTURES
China may launch a global crude oil futures contract as early as October to compete with the existing London Brent and the U.S. WTI benchmarks, three sources said, as it pushes ahead with reforms to open up its oil markets.
The long-awaited crude contract would better reflect China's growing importance in setting crude prices, as well as boost the use of the yuan in which it will be traded, although volatile global trading conditions and China's recent interference in stock markets have raised some concerns.
The Shanghai International Energy Exchange, also known as INE, circulated a draft of the futures contract…
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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.