04.04.2012
Chevron responding to environmental fears over its shale gas plans in Romania, said on Tuesday it had yet to start exploration and would keep to seismic data surveys for 12 months while persuading local people the technology is safe.
It would then consider beginning actual gas exploitation on the Black Sea coast only after a further five years of exploration.
more26.03.2012
China Petroleum and Chemical Corp (Sinopec) is looking to diversify its crude oil imports, the company's chairman said, following a sharp drop in its first-quarter purchases from Iran.
more09.02.2012
Solvay said it has successfully commissioned its 1 MW industrial demonstration fuel cell at the SolVin plant in Lillo, Antwerp, Belgium.
more20.01.2012
The development of shale gas extraction is a potential game-changer in world energy markets, offering the potential for ample supplies in markets that could otherwise tighten in coming years.
In the United States, where the technology is most widely used, it could flip the country from a net importer of natural gas to a net exporter.
But shale gas extraction requires large amounts of water and chemicals, and environmental concerns have led some governments to ban its use or put moratoriums in place.
more05.01.2012
French oil group Total is plowing $2.3 billion into the development of U.S. shale gas reserves in Ohio in the latest example of global energy companies piling into burgeoning new energy sources.
more06.12.2011
The Philippines will launch its fourth and biggest global tender early next year to explore 30 prospective coal blocks that may require $600 million in total investment, as it aims to cut imports of costly fossil fuels and secure energy supply.
The step is required because domestic demand for coal is seen growing by 10% each year, with Philippine power costs among the highest in Asia, amid intensifying competition for coal from India, China and other North Asian consumers.
more10.11.2011
Opinion - Scaled-up European shale gas development is likely 10-15 years off as regulations coupled with little infrastructure, higher costs and mounting environmental concerns burden a lengthy licensing process.
U.S. and European shale gas development is a tale of two regulations, one marked by a free-for-all bonanza in some U.S. states which has cut national gas prices and imports and by a welter of legislation across the European Union.
more09.11.2011
Directive Replacement - The European IED (Industrial Emissions directive) was published in January 2011. This replaces the former IPPC (Integrated Pollution Prevention Control) directive. Directive 2010/75/EU, concerning Industrial Emissions (IED), merges the existing directive 2008/1/EC of the European Parliament concerning IPPC, with six industrial-sector specific directives, into a single directive for the clarification and simplification of existing provisions.
more06.09.2011
Oil and gas account for more than half of all primary energy consumed globally. The sheer volume of oil and gas consumed means that these fuels will continue to feed a large share of the world's hunger for energy for the foreseeable future. Assuring a reliable and dependable supply depends on the technologies used in their extraction.
As ever-more challenging fields are commercialized, demands on technology are increasing to assure the economic, efficient and safe extraction of the fuel.
more11.07.2011
Asia's naphtha price was at a five-week high on Friday while cracks slipped to end the week at a two-session low, snapping gains that lasted for five straight sessions.
Bears said there were not enough bull factors to sustain the strength seen in the last few days as fundamentals were still weak.
"The market was trending up for about a week, but supplies in Asia are generally still long. There are quite a fair bit of cargoes coming out of the Gulf," said a trader.
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