North American investors believe that the future of the market lies out east, and will be closely watching studies aimed at investigating China's unconventional resource development.
Articles Tagged "NYSE:COP"
The Wall Street Journal reported that ExxonMobil Corp. (NYSE:XOM), ConocoPhillips (NYSE:COP), BP plc (LSE:BP) and TransCanada Corp. (TSX:TRP) have agreed to merge two competing natural gas pipeline projects into a single pipeline that will export natural gas from Alaska's North Slope to Asia.
Forbes reported that Alaska has given ConocoPhillips (NYSE:COP), ExxonMobil Corp. (NYSE:XOM) and BP plc (LSE:BP) until the end of October to develop a plan to transport natural gas from the state's North Slope to a port where it will be condensed into liquefied natural gas and exported to Asian markets.
Poland’s reserves of shale gas may be as much as 3 trillion cubic meters, according to estimates by geologists and energy consultants, potentially making the country a net exporter of gas and reducing Europe’s dependence on Russia.
Shell may spend $50 billion in Australia over the next decade as Europe’s largest oil company continues a shift to gas.