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U.S. Shale Gas Production Could Sharply Decline in 2016, World Bank Says

2016-01-28 18:02:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: In the wake of tumbling oil prices, an onslaught on coal and a year of geopolitical tumult, the World Bank has released its 2016 report on the outlook for the worlds commodity markets. Carbon Brief looks at the five key takeaways for climate change and energy. 1. Theres All-Round Bad News for Coal The report makes grim reading for coal industry executives. Coal prices are expected to continue their tumble downwards in 2016. Having fallen by more than 60 percent since 2011, prices are expected...

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Chevron begins natural gas production from $6.4bn Chuandongbei project in China

2016-01-27 01:00:00| Hydrocarbons Technology

Chevrons 100%-owned subsidiary Unocal East China Sea has commenced natural gas production from the first stage of the long-delayed $6.4bn Chuandongbei project in southwest China.

Tags: china project natural production

PetroChina and Chevron begin production from long-delayed Luojiazhai gas field, onshore China

2016-01-12 01:00:00| Hydrocarbons Technology

China National Petroleums subsidiary PetroChina and Chevron have commenced production from the long-delayed Luojiazhai gas field, onshore China.

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PetroChina-Chevron sour gas project begins production in China

2016-01-11 12:02:30| Oil & Gas - Topix.net

Jan 11 PetroChina and Chevron began production at an onshore natural gas field in China's southwest at the end of 2015, PetroChina's parent said on Monday, after years of delays. The Luojiazhai field, whose 'A' well began operating on Dec. 30, has an annual production capacity of 3 billion cubic metres of gas, the state-controlled China National Petroleum Corporation said in a statement on its website.

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