The global economy is in downturn in the year of 2013 and 2014. Energy demand is weak, and the international oil companies are generally facing depression in production and operation, and the most representative example is Shell’s profit wa...

Just as the student led boycott of tobacco companies and sports business in South Africa ’s banks, global fossil fuel divestment movement is vigorous manner.

According to the estimation of Weatherford International Plc, about half US companies providing hydro fracturing service would close down or get sold, which reflects that the poor production of shale oil has affected upstream companies.

In recent years, with the oil and gas resources continue to make breakthroughs in key technologies, unconventional oil and gas resources in the industry and the market began to be sought.

Shale gas development has two main advantages, one is long mine life and the other is long production cycle- most gas shale is widely distributed, it is thick and generally contains gas.

Affected by the slump of tape yesterday, CNPC A share fell 2.4%, closed at CNY11.41. Coincidentally, May 25, 2009, with the total market capitalization over US oil company Exxon Mobil.China has become the worlds largest oil and energy compa...

The decline of oil price brought some distress, even crisis to several countries in Latin America, especially Venezuela, Mexico and Brazil, who dependent heavily on high oil prices.

Once upon a time, a painter with normal painting skills but want to get rich should pain a portrait for a billionaire. When the portrait presented to the rich, the rich thought the portrait unlike him, not only rejected portrait but also re...

Since January 2007, the global bulk commodity prices at the lowest level. The Scotia bank commodity price index plunged again in January of this year, fell below the low point in April 2009 in the "Great Recession" period, which led by oil ...

It was reported that Russia is going to take an unprecedented measure – to allow China to completely control some oilfields. This is the first time Russia made this kind of statement. Moscow has never provided similar offer to the west.