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China Gas To Import First LPG From Middle East Next Year

HONG KONG (Dow Jones)--Urban gas distributor China Gas Holdings Ltd. (0384.HK) said Monday it expects to import its first cargo of liquefied petroleum gas from the Middle East early next year, following its acquisition of a controlling stake in a Shanghai-based LPG producer and distributor.

Latest News - Thursday, 06 March 2008 11:36

Oil firms are caught in a squeeze play

Investor-owned oil majors like Exxon will no longer be able to increase their reserves, say analysts, because of new attitudes in oil-producing nations

Latest News - Thursday, 06 March 2008 11:36

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Libyas energy potential lures investors

The chairman of Libyas state-owned National Oil Corporation (NOC), Shokri Ghanem, believes that a merger between NOC and an international oil company could take place within the next five to ten years.

Shell seizes Iraq gas investment opportunity

Royal Dutch Shells joint venture with Iraq to capture flared gas in the south of the country could involve an investment of up to $4bn. The agreement, expected to be formalised in October, will be the first major contract reached by a major western oil firm with Iraq since the...

GCC demand for gas growing faster than for oil

GCC demand for gas is growing faster than the regions demand for oil, with projections that it could increase to the oil equivalent of more than 4 million bpd by 2010 and to 5.1 million bpd in 2015 and 6.4 million bpd to 2020.

Gulf oil producers' stance appears vindicated

The UK has offered to host another meeting of oil producing nations and consumer countries following the energy summit in Saudi Arabia to assess progress from discussions initiated during the conference in Jeddah. The meeting, if it goes ahead, is likely to be conducted in a less confrontational atmosphere than...

Jeddah Summit fails to end oil price uncertainty

The hastily-convened summit on the global oil price situation, held in Jeddah on Sunday, failed to reduce global markets anxieties over the continuing increase in the price of oil. Despite being well attended the meeting left leading Opec member nations at odds over how to deal with the situation.

Europe identifies Iraq as major gas supplier

Western Europe is likely to be drawing increasingly on Middle East, and particularly Iraqi, gas supplies within the next five years. A memorandum of understanding on energy co-operation between Brussels and Baghdad was signed in April following the visit to the EU by Iraq's Prime Minister Nuri Al-Maliki and Oil...

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China Gas To Import First LPG From Middle East Next Year

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China Gas To Import First LPG From Middle East Next Year

Oil firms are caught in a squeeze play

OTHER ARTICLES

More News

Yahoo News

Middle East Oil News

Oil