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Oil & Gas

Canada's oil and gas industry in need of skilled workers

As Canada is investing billions in the development of its oil and gas industry, there is an urgent need for people to be recruited in this fast-growing segment of the economy.
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China's Sinopec looks to boost petrochemical production

Global petrochemical producers are facing fierce competition from U.S. companies that have been taking advantage of the huge amounts of natural gas available from their own oil and gas fields and used as feedstock for petrochemical production.
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Russia signs 'breakthrough' energy deal with China

Russia and China have finally agreed to sign a memorandum on natural gas supplies after many years of negotiating the terms of the deal, as both parties have overcome their disagreements over pricing and potential routes.
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Sinopec takes aim at US petrochemical competition

Chinese oil and gas company Sinopec says it is striving to lower its petrochemical production costs and optimize its product mix in order to stave off competition from the U.S.
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Williams plans major petrochemical investment in Alberta

The Tulsa, Okla.-based firm is going to open a propane dehydrogenation (PDH) facility, located near its existing complex in Redwater.
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US shale gas exports to India should be allowed, experts claim

The United States should allow shale gas exports to India as this might prove a win-win situation for both countries, energy experts claim.
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German RWE to sell oil and gas exploration operations

German electric utilities company RWE has announced that it is putting an end to its oil and gas exploration activity, in the hope of cutting its debt and capital expenditure.
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Coal use in UK rises in 2012

The double-dip recession in the UK last year had far-reaching implications and affected every sector of its economy. Energy was no exception, according to a new report released by the Department of Energy and Climate Change.
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New Zealand considers east coast oil and gas operations

New Zealand is considering whether to develop an onshore oil and gas industry on the East Coast of the North Island, following a government report looking into the potential benefits, impacts and risks of drilling operations in the region.
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Oil and gas investments in North Sea reach highest level in 30 years

According to the latest Oil & Gas UK 2013 Activity Survey, investments in the sector in the North Sea have reached their highest level for more than three decades.
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