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PetroChina Takes Delivery Of 65,000 Tons LNG In Shanghai

PetroChina Takes Delivery Of 65,000 Tons LNG In Shanghai

PetroChina Co. (PTR) has taken delivery of 65,000 metric tons of liquefied natural gas in Shanghai, stepping up action to ease weather-driven shortages of gas in eastern China, parent company China National Petroleum Corp. said Monday.

Oil Above $81/Bbl On Frigid Temperatures

Oil Above $81/Bbl On Frigid Temperatures

Crude futures are higher Monday, trading above $81 a barrel, bolstered by frigid temperatures across much of the northern hemisphere.

Belarus Warns Russia Of Power Supply Cut In Kaliningrad

Belarus Warns Russia Of Power Supply Cut In Kaliningrad

Belarus has threatened to cut the supply of electricity via its territory to the Russian enclave of Kaliningrad, the BBC reports on its Web site Monday, citing Belenergo, Belarus' state power firm.

French Court Rejects Carbon-Emissions Tax

French Court Rejects Carbon-Emissions Tax

France's constitutional court struck down a new tax on carbon emissions, dealing a blow to President Nicolas Sarkozy, who has made fighting climate change a key part of his tenure.

Oil, Gas Upstream Spending In Indonesia To Rise 47% In 2010

Oil, Gas Upstream Spending In Indonesia To Rise 47% In 2010

Oil and gas companies in Indonesia plan to raise upstream spending by 47% to $15.99 billion next year from $10.87 billion this year, the chairman of upstream regulator BPMigas said Thursday.

Lithuania Counts Down To Nuclear Shutdown

Lithuania Counts Down To Nuclear Shutdown

Lithuania braced for the E.U.-ordered shutdown of a key nuclear plant on Thursday, a move set to push up electricity prices in a deep economic crisis and leave it counting on former master Moscow for power.

China Unlikely To Introduce Fixed Solar Tariffs Soon

China Unlikely To Introduce Fixed Solar Tariffs Soon

China is unlikely to introduce a fixed tariff regime for solar power supplied to the grid in the near future, the Shanghai Securities Journal reported Thursday, citing a senior energy official.

Sinopec: Shengli Oilfield 2009 Crude Output 27.91 Million Tons

Sinopec: Shengli Oilfield 2009 Crude Output 27.91 Million Tons

China Petroleum & Chemical Corp. (SNP), or Sinopec Corp., produced a record 27.91 million metric tons of crude oil at its largest Shengli oilfield this year, the company's in-house newsletter said Thursday.

Sonangol Signs Initial Pacts For Two Iraq Oil Fields

Sonangol Signs Initial Pacts For Two Iraq Oil Fields

Sociedade Nacional de Combustiveis de Angola, better known as Sonangol, signed Wednesday in Baghdad two initial deals to develop Qaiyarah and Najmah oil fields in northern Iraq, officials said.

Canada Approves PetroChina Investment In 2 Oil-Sands Projects

Canada Approves PetroChina Investment In 2 Oil-Sands Projects

Canadian Industry Minister Tony Clement has approved PetroChina International Investment Co.'s application under the Investment Canada Act to acquire control of the MacKay and Dover oil-sands projects in Alberta, saying he's satisfied the investment is likely to be of net benefit to Canada.

Iran Urges Supporters To Take To The Streets Wednesday

Iran Urges Supporters To Take To The Streets Wednesday

The Iranian authorities urged supporters out onto the streets of major cities Wednesday in a show of force against the opposition which it accuses of being "pawns of the enemies."

Foreign Consortium Wins $10 Bln Turkmen Gas Contracts

Foreign Consortium Wins $10 Bln Turkmen Gas Contracts

A consortium of U.A.E.-based, Chinese and South Korean companies have won a tender worth a total of $10 billion to develop Turkmenistan's South Yolotan gas field, the state information agency reported late Tuesday.

Kazakhstan Top Global Uranium Producer In 2009

Kazakhstan Top Global Uranium Producer In 2009

Kazakhstan surpassed Canada to become the world's leading uranium producer after raising production by 63% to 13,500 metric tons in 2009, state nuclear fuel company Kazatomprom said Wednesday.