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Global

China curbs conventional gas output, keeps shale target

China’s state energy giants are reducing output from conventional natural gas fields as demand growth for the fuel eases to a multi-year low, local media and sources said, although shale gas targets are being maintained.

One Shale Boom That Is Bulletproof

While oil prices in the U.S. plummeted below $39, Canadian explorer Madalena Energy has forged ahead with a strong Q2 showing and preparations for its first horizontal multi-stage frack in Argentina, where oil prices defy the market at an amazing U.S.$77.

China Curbs Conventional Gas Output, Keeps Shale Target

China's state energy giants are reducing output from conventional natural gas fields as demand growth for the fuel eases to a multi-year low, local media and sources said, although shale gas targets are being maintained.

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