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Goldman Sachs: crude will run low in the next 15 years

Jeffrey Currie, the commodity research executive of Goldman Sachs, said that amid supply glut crude price will in a low level in the next 15 years, but the chance of breaching $20/bbl is les

September 18, 2015

OPEC: crude will rise to $80/bbl in 2020

OPEC said in its latest report, the crude would rally to $80/bbl in 2020 after up adjustment on crude demand in 2016.

September 18, 2015

Hubei bids for five shale gas projects

The five shale gas projects with a total investment of CNY15 million have been authorized to three local geological exploration companies.

September 17, 2015

Gas output in August increases 6%

According to statistics released by the State Statistics Bureau on September 13th, natural gas output in August went up 6% year on year to 10.4 billion cubic meters.

September 17, 2015

Non-domestic gas may go down

Natural gas prices are to be adjusted again. According to JYD, the Pricing Department of the National Development and Reform Commission has held the meeting for the second price adjustment t

September 17, 2015

Tight gas supply in Mexico

As the only natural gas producer, Pemex ease tight supply of natural gas in the country by energy reform.​

September 17, 2015

Russia gas output will grow 29-39% by 2035

The 2025 Energy Development Strategy newly released by the Ministry of Energy of Russia indicates that annual natural gas output in Russia will increase 3-17% year-on-year in 2020 and 29-39%

September 17, 2015

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