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Posted: 09/01/2014 04:09:18 Edited: 09/01/2014 04:09:18 Clicks: 680
It is reported that at least ten oil corporations in the U.S., including Marathon Oil Corporation, ConocoPhillips, Amerada Hess Corp, Continental Resources Company and Pioneer Natural Resources Comp...
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Posted: 08/29/2014 05:08:43 Edited: 08/29/2014 05:08:11 Clicks: 774
On Thursday August 28, a survey of Reuters showed that the average oil output of OPEC in August is 30.15 million barrels per day, higher than 30.06 million barrels per day in July. Increasing oil su...
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Posted: 08/27/2014 05:08:45 Edited: 08/27/2014 05:08:45 Clicks: 780
It seems that the international crisis such as in Ukraine, Iraq and Libya do not impact oil price. On August 25, Deutsche Welle pointed out that Brent oil price had declined to the lowest level in 2...
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Posted: 08/26/2014 08:08:58 Edited: 08/25/2014 08:08:55 Clicks: 823
On last Friday, a report which was published by EIA claimed that Chinese gas demand will triple by 2040.
The estimation of EIA shows that Chinese gas demand will reach 1.75 hundred trillion...
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Posted: 08/21/2014 02:08:44 Edited: 08/21/2014 02:08:44 Clicks: 959
On Wednesday (August 20), Libya announced that oil export had already been recovered in its largest oil port which has been closed as long as one year. In spite of intense combats in large cities, o...
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Posted: 08/20/2014 02:08:20 Edited: 08/20/2014 02:08:20 Clicks: 1093
On Tuesday, Rosneft announced that it will begin to drill the first oil well in Arctic with the assistance of Statoil in Norway, in spite of the Russian oil sector suffering from the sanction by EU....
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Posted: 08/18/2014 02:08:36 Edited: 08/18/2014 02:08:25 Clicks: 1038
Recently, data published by Economic Institute of Technology of CNPC show that domestic oil consumption is about 5.08 hundred million tons and domestic oil output is about 2.1 hundred million tons i...
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Posted: 08/15/2014 11:08:46 Edited: 08/14/2014 11:08:46 Clicks: 823
Increasing income, fast urbanization and the concerns for pollution caused by poisonous smog urge many cities in China to transfer to utilize gas instead of coal and oil when developing economy.
&n...
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Posted: 08/13/2014 02:08:29 Edited: 08/13/2014 02:08:29 Clicks: 721
Recently, IEA, OPEC and EIA reduce congruously growth forecast of global oil demands this year.
Monthly report of oil demands published by IEA on August 12 claims that on account of unexpec...
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Posted: 08/11/2014 02:08:17 Edited: 08/11/2014 02:08:17 Clicks: 776
In the expectation of oil market in the next five years, IEA states that shale oil revolution which changes global oil situation will pervade North America ten years later. Meanwhile, the report poi...
