Category: Asia

Water resources a problem for energy extration worldwide, report finds

According to the analysis by the World Resources Institute, 38 percent of the earth’s shale gas and tight oil resources are in areas that are either arid or under high levels of water stress already _ a scenario that does not mesh with the high water demands of today’s extraction techniques.  More »

Green Dragon Gas settles with ConocoPhillips for $40 million

Green Dragon Gas Ltd., a Chinese producer of coal-bed methane gas, has agreed to pay ConocoPhillips a $40 million arbitration settlement to end a contract dispute.  More »

China’s natural gas demand continues to grow

Natural gas accounted for only 4.9 percent of China’s total energy consumption in 2012, but that share is expected to grow to 8 percent by 2015 and 10 percent by 2020.  More »

Hoping for its own shale gale, China seeks U.S. know-how

U.S. companies are entering joint ventures to provide China with the tools it needs to get at oil and gas locked in shale.  More »

After hybrid success, Toyota gambles on fuel cell

Toyota is betting that drivers will embrace hydrogen fuel cells, a technology that runs on the energy created by an electrochemical reaction when oxygen in the air combines with hydrogen stored as fuel.  More »

U.S. Imposes duties on steel pipe imports from South Korea

he U.S. Commerce Department set duties from 9.89 percent to 15.75 percent on Korean pipe, which is used in oil drilling, according to a fact sheet released today by the agency. Last year, pipe worth $818 million was exported to the U.S. from South Korea.  More »

Oil demand up fastest since 2010 on China, IEA says

Global oil demand will rise at the fastest pace in five years in 2015 as China leads gains in emerging economies, the International Energy Agency said.  More »

Fortune Global 500 list heavy on oil

Wal-Mart took the No. 1 spot on Fortune’s Gobal 500 ranking of the world’s largest companies based on revenue, but the top of the list was sloshing with oil.  More »

India pipeline blast kills 15 people, guts houses (video)

A state-owned gas pipeline exploded and burst into flames Friday, killing at least 15 people, destroying homes and forcing the evacuation of neighboring villages in the southern Indian state of Andhra Pradesh, authorities said.  More »

Coal: A ‘Million Dollar Mile’ Getting Longer In the U.S.

U.S. demand for coal has fallen in recent years and export has become ever more important to domestic coal producers. Asia is the obvious export target, but challenges abound.  More »

Nuclear regulators ‘overwhelmed’ as China races to launch world’s most powerful reactor

China is moving quickly to become the first country to operate the world’s most powerful atomic reactor even as France’s nuclear regulator says communication and cooperation on safety measures with its Chinese counterparts are lacking.  More »

Canada OKs oil pipeline to the Pacific Coast

Prime Minister Stephen Harper has been a staunch supporter of Enbridge’s proposed Northern Gateway pipeline after the U.S. delayed a decision on TransCanada’s Keystone XL pipeline,  More »
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