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Posted on 1/21/2011 / 0
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Jan 21, 2011
China annual gas demand to rise 143% by 2015
China's annual average gas consumption is expected to jump 143 per cent from 2010 to reach 260 billion cubic metres (bcm) by 2015, the Shanghai Securities News said on Friday.
China, the world's top energy consumer, is expected to produce 170 bcm of natural gas...
Posted on 1/21/2011 / 0
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China renews Iran oil deal with steady volume: sources
China, the world's largest buyer of Iranian crude oil, has renewed its annual import agreements for 2011, keeping the volumes steady at some 460,000 barrels per day (bpd), two sources told Reuters.
China's commitment to keep volumes firm came as India, Iran's second-biggest oil buyer, was locked in...
Posted on 1/21/2011 / 0
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Amadeus receives conditional offer
Shares in oil and gas explorer Amadeus Energy Ltd have gone into a trading halt, as the company said it had received an unsolicited proposal to buy out the company.
Amadeus said the offer, from an unnamed bidder, was "an unsolicited, conditional proposal that may result in an offer being made for all...
Posted on 1/21/2011 / 0
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Beach Energy Limited Second Shale Gas Exploration Well To Spud Imminently And Second USA Shale Oil Well Flowing
Despite recent localised rain in the Cooper Basin, Beach Energy Ltd is expecting to spud its second shale gas well, Holdfast-1, later today. Holdfast-1 is approximately 24 kilometres to the northeast of the first shale gas well, Encounter-1. The well is targeting...
Posted on 1/21/2011 / 0
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ONGC detects leakage in Mumbai Uran Trunk oil pipeline
The Regional Contingency Plan (which is the existing emergency response measure) has been activated immediately on detection of the leak.
A leakage has been detected at ONGC’s Mumbai Uran Trunk (MUT) oil pipeline at 0845 hours this morning. The leakage was observed...
Posted on 1/21/2011 / 0
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