Borealis, an Austrian petrochemical company controlled by Abu Dhabi, signed a long- term ethane supply contract with Antero Resources as it pushes ahead with a plan to import cheaper US feedstock for its plant in Sweden. Navigator Holdings...

Beijing will seek to build 50 new LNG tankers by 2020 as part of its quest to secure an energy supply chain, and to boost its ailing shipbuilding sector, Reuters reports. According to the news service, six home-built tankers, constructed by...

Datang International Power Generation Co. Ltd., a listed state-owned enterprise with core business in electricity generation, signed an agreement with a subsidiary of the countrys state-owned assets watchdog on July 7 to separate itself fro...

A recent report by Research and Markets has suggested that the demand for shale gas is constantly increasing as depleting energy reserves have forced the world to focus on unconventional sources of energy. The report indicates that the succ...

China is accelerating the expansion of its offshore oil fleetand adding coast guard vessels to protect itas it ventures farther into the sea for energy resources, threatening more altercations with neighbors. Chinese companies from the gian...

China National Offshore Oil Corporation (CNOOC) launched production at its Panyu 0-2/5/8 project in the South China Sea. Panyu 0-2/5/8 is located in the Pearl River Mouth Basin, off Chinas southeastern coast. Panyu 0-2/5/8 includes three oi...

ABS has been selected to class the worlds first compressed natural gas (CNG) carrier ordered by Pelayaran Bahtera Adhiguna, a subsidiary of Indonesias state-owned power company Perusahaan Listrik Negara (PT PLN). The CNG carrier has been de...

Athabasca Oil Corp. was downgraded at Raymond James on growing concerns about its relationship with PetroChina. Analyst Chris Cox lowered his rating on the stock to market perform from outperform and cut his price target to $7.50 from $10,...

Chinese oilfield equipment makers are increasing their focus on the Russian market, with some already reporting a rise in enquiries and business as they manoeuvre to take advantage of American and European threats to restrict the flow of oi...

PetroChina is reconsidering a plan to auction off its multi-billion dollar natural gas pipeline unit, and could instead sell it to an affiliate, three people who were briefed on the matter by the Chinese energy giant told Reuters. Selling P...