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Aussie oil refinery closures could play into Beijing's hands

Aussie oil refinery closures could play into Beijing's hands

(ATF) Natural resource-rich Australia, the world’s largest producer of liquefied natural gas (LNG) and the largest coal and uranium exporter, has found itself in yet another energy bind.The country has experienced natural gas pains due to it exporting the fuel, while leaving little for its domestic market. This prompted a …

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Shell to focus on biofuels, electric-charging, LNG and hydrogen

Shell to focus on biofuels, electric-charging, LNG and hydrogen

(ATF) Energy giant Royal Dutch Shell said on Thursday it will invest up to $6 billion a year in green energy with more funding for biofuels and electric car charging. The Anglo-Dutch conglomerate – the world's largest oil and gas trader and the fifth biggest company in the world, according …

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India's new offshore gas production could shake up Asian LNG markets 

India's new offshore gas production could shake up Asian LNG markets 

This isn't exactly the kind of news market embattled liquefied natural gas (LNG) producers wanted to hear, but for India it's a hydrocarbon bonanza that will change its energy future.On Friday, Mumbai-based Reliance Industries Ltd (RIL) and oil giant BP started producing the first gas at India's initial ultra-deep water …

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