05252012Headline:

Chinese Refinery in Chad Hits a Major Snag

Oil Price — When Chad’s $60 million Djarmaya refinery, 25 miles north of the capital N’djamena, was opened on 29 June 2011 after two years of construction, President Idriss Deby Itno described it as a “gift from China.”

Russia Drives Final Stake Through the Heart of the Nabucco Pipeline?

Oil Price — European investors, ever eager to embrace massive and profitable energy projects, in the last several years have dreamed of somehow persuading Turkmenistan to divert volumes of its ever increasing natural gas production to [...]

Qatargas awards contract to build 54,000 b/d diesel hydro-treater for Laffan refinery

EnergyAsia — Qatargas said it has awarded an engineering, procurement and construction (EPC) contract to South Korea’s Samsung Engineering Ltd. for a 54,000 b/d hydro-treater (DHT) unit to produce ultra low-sulphur diesel fuel at the [...]

Gazprom’s mixed outlook for 2012

OilPrice.com – For the Russian Federation’s state-owned natural gas monopoly Gazprom, an entity that everyone loves to hate, 2012 is already shaping up as a decidedly mixed year. The good news is that Ukraine, traditionally Gazprom’s [...]

Markets focus on energy-hungry Asia

Financial Post – It was less than four years ago when then-Governor Sarah Palin threw her support behind TransCanada Corp.’s plans to build a pipeline to transport natural gas from the Alaska North Slope through Canada and into the [...]

Asian energy corporates remain bullish in 2012: survey

Risk.com – Despite an uncertain global backdrop, energy companies in Asia retain a positive outlook for 2012, finds a survey commissioned by Standard Chartered Bank The corporate sentiment survey, carried out by independent research specialist [...]

China to boost Central Asia energy ties

China Daily.com – (BEIJING)  China will continue to expand energy ties with Central Asian countries, which have proven to be a fruitful model of mutually beneficial cooperation, a senior Chinese diplomat said on Thursday. Zhang Hanhui, [...]

Saudi Arabia’s Rising Domestic Oil Consumption to Threaten Exports?

Saudi Arabia is currently the world’s leading oil producer, containing approximately one-fifth of the world’s proven oil reserves. According to the U.S. Energy Information Agency, Saudi Aramco reported that it had reached its target [...]