Yellow oil barrels

Oil climbs as Ukraine fear outweighs China data

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The price of oil climbed above $100 a barrel Monday as escalating tensions in Ukraine outweighed a fourth month of contraction in China’s manufacturing.
Categories: Asia, Crude oil, Markets
Shell-Logo-323x300

Shell plans Russian expansion with Putin support

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Shell CEO Ben van Beurden won a promise of support for the plan from President Vladimir Putin at a meeting at the Russian leader’s residence.

Categories: Asia
A gas station stands near the headquarters of OAO Gazprom in Moscow. (Andrey Rudakov/Bloomberg)

Putin expected to sign China gas deal as crisis forces hand

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Vladimir Putin is more likely to sign a 30-year deal to supply pipeline gas to China next month after more than a decade of false starts because the crisis in Ukraine is forcingRussia to look for markets outside Europe.
A boat passes a refinery standing along the Houston Ship Channel.  (Scott Dalton/Bloomberg)

Moody’s: New Chinese plants could hamper global refining earnings

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Cheap natural gas and oil supplies will give Gulf Coast refiners an edge in global markets, but over the next two years new plants coming online in China and the Middle East are poised to dampen worldwide demand for refined products like gasoline, according to a report released Monday.
TOTAL S. A. CEO Christophe de Margerie speaks at the IHS CERAWeek energy conference in Houston on March 4, 2014. (Mayra Beltran/Houston Chronicle)

Total plans to drill for shale gas with Sinopec in China

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Total SA plans to seek shale gas with China Petroleum & Chemical Corp. by drilling in Anhui province, moving the third-largest European oil company closer to exploiting Chinese reserves that are the world’s biggest. Total and Sinopec, as the Chinese refiner is known, will search for gas in the 4,000 square-kilometer (1,500 square mile) Xuancheng […]
An Indonesian National Search and Rescue Agency boat patrols the Malacca Strait off Aceh province located in the area of northern Sumatra island on March 12, 2014 in search for the missing Malaysia Airlines flight MH370.  ( AFP PHOTOSTR/AFP/Getty Images)

Energy tie to Malaysian jet mystery? (video)

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Did an oil rig worker see the Malaysian jet going down?
(Fotolia)

Oil drops to below $98 on China economy

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China’s drop in exports in February fueled worries of a further slowdown in the world’s second-largest economy.
(AP Photo)

Oil falls to near $101 on China data

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China’s customs data showed over the weekend that exports plunged by an unexpectedly large 18 percent last month.
AES Corporation CEO Andres Gluski (center) speaks about North American power during a panel discussion with American Electric Power CEO Nick Akins (left) and Duke Energy CEO Lynn Good (right). (Simone Sebastian/Houston Chronicle)

International investment tough even as Asian growth surges

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Electricity demand is surging in India, Vietnam, sub-Saharan Africa and other developing economies where growing populations are starving for power generation, but U.S. public utilities still remember the hard lesson of the 1990s: The need for energy isn’t enough to an make international investment viable, energy executives said Thursday.
The Freeport LNG Liquefaction Project expansion (Freeport LNG)

Freeport LNG gets $1.2B in equity from Japanese utilities

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Freeport LNG, which plans to build a major natural gas and liquefaction facility, signed an agreement that provides the final piece of equity it needs for the initial phase of its plans.
Categories: Asia, General, LNG