Gazprom, CNPC to survey underground gas storage sites

May 17, 2017 0

Russian natural gas producer Gazprom and Chinese oil and gas company CNPC have contracted pre-development surveys with the intention to build underground gas storage (UGS) facilities in three provinces in China, Gazprom said on Monday.

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U.S. breaks three-week crude price losing streak

May 15, 2017 0

Oil prices were little changed last Friday, as U.S. production was still rising, overshadowing hopes the global crude oil glut would drop on expected production cut extensions from OPEC and other producing countries.

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