Canadian government reviewing PetroChina’s bid for Encana stake
China likely to pay heft premium for Encana’s shale gas technology, expertise
China likely to pay heft premium for Encana’s shale gas technology, expertise
Brent-WTI spread briefly widens to new record of US$16. Thermal coal expected to retreat on low demand, despite return of Indian buyers to the market.
Brent rises above US$100/bbl on fears of Egypt contagion, thermal coal prices also rise. Natural gas prices up on cold weather forecasts. Carbon gains strength on Brent, German power.
Rising power demand is expected to push up China’s requirement for not only coal, but also natural gas this year.
IFandP recently visited Eastern Siberia, which is undergoing rapid development as fossil fuel resources in Western Russia dwindle and the country steps up its efforts to meet the needs of growing markets in the East.
Malaysian companies invest MYR7bn (US$2bn) in a wide range of energy projects as they build new hydroelectric and coal power plants and a new oil and gas logistics park.
China could see its gas supply fall short for over a third of its gas demand.
Russia sets ambitious gas output and export target in latest round of its energy strategy to 2030 as well as promising to develop the sector with the help of the private sector.
IFandP sits down with Sarah Taylor, Associate Director, NES Group to discuss the recruitment and skills issues facing the energy industry.
Iraq offers three gas fields in round three of developing its hydrocarbon sector.
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