China’s Natural Gas Production Increased by 5% From January to April China’s natural gas production went up by 5% during the first four months of the year to 83 billion cubic meters, the country’s National Bureau of Statistics reported today. In April alone, output rose by 3.2% to 19.8 billion cubic meters,…

Oil strategist says the market could be caught off guard by a crude spike this summer Investors could be caught off guard by the strength of an oil price rally this summer, according to Morgan  Martijn Rats. His comments came as oil prices rose on Wednesday amid fears of potential supply…

Sinopec Starts Production at Massive Natural Gas Field China’s Sinopec has begun production at a natural gas field that has an annual capacity estimated at 2 billion cubic meters. The field, in the province of Sichuan, has reserves estimated at around 100 billion cubic meters, which makes it an important…