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Oil & Gas

China's plan for synthetic gas plants may threaten water resources

November 4, 2013
China is preparing a move to create synthetic natural gas plants, which convert coal to gas. However, operating these plants requires huge amounts of water and this could put some areas of the country under serious water stress.
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Global demand for pipeline materials to grow by 5.3% through 2017

November 4, 2013
A new report from research company Freedonia Group predicts that global demand for oil and gas pipeline materials will increase by 5.3% on an annual basis through 2017.
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Sabic plans US petrochemical investment

October 23, 2013
Saudi petrochemical giant Saudi Basic Industries Corp. recently announced plans to invest in a petrochemical project in the United States next year and tap into the U.S. shale energy abundance.
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Iran plans to boost petrochemical production

October 21, 2013
Iran should stop exporting large amounts of raw petrochemicals and look for ways to make more profit by selling added-value products, according to the leader of the parliamentary Petrochemical Committee.
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Taiwanese companies plan to invest in petrochemical complex in China

October 16, 2013
The Petrochemical Industry Association of Taiwan announced Monday that a group of eight Taiwanese companies is planning to invest in the construction of a large petrochemical complex in China.
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European refineries still facing major challenges

October 14, 2013
The future of Europe's refining sector continues to look bleak, as the industry seems unable to adapt to new market conditions and struggles to remain competitive with the United States and emerging markets like the Middle East and China.
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Mideast refineries shift focus in production

October 9, 2013
Refineries in the Middle East are facing serious challenges to remain competitive, struggling to reduce operating costs and to maximize production among other problems.
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Russia losing ground in oil, gas production to US

October 8, 2013
Russia is gradually losing its position as the world's leader in oil and gas production, as the United States has been gaining ground thanks to its energy revolution.
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French court to decide if fracking ban is unconstitutional

October 4, 2013
The ban on hydraulic fracturing as a method to extract natural gas and oil in France will come under review next month in a French court. Judges will have to decide if the ban is against the constitution, as oil and gas companies have claimed.
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Mexico aims to unlock its energy potential

October 1, 2013

Mexican President Enrique Peña Nieto has once again confirmed his plans for reform in the Mexican energy sector that would ensure industry growth and would attract more international investors on the market.


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