China, keen to ease its dependence of coal and oil to feed its booming economy, has tapped a potential new fuel source — “flammable ice”, state media said on Wednesday.
Stable only at low temperatures or under high pressure, flammable gas, or gas hydrates, are extremely fragile and mainly exist either in the seafloor or below [...]

French oil giant Total plans to invest another six billion dollars in Indonesia’s oil and gas sector over the next five years, chairman Thierry Desmarest has said.
“We plan to continue with many projects and we will increase by six billion dollars our investment in oil and gas exploration and production, especially in Kalimantan, in [...]

French oil giant Total plans to invest another $6 billion in Indonesia’s oil and gas sector over the next five years, chairman Thierry Desmarest has said.
“We plan to continue with many projects and we will increase by $6 billion our investment in oil and gas exploration and production, especially in Kalimantan, in the next five [...]

China has raised the capital threshold for projects converting coal to liquid fuel to brake a possible overheating in the coal-chemical industry, as excessive development of the fossil fuel pollutes the environment and strains the water supply.
On July 7, the National Development and Reform Commission (NDRC), China’s industrial watchdog, issued a circular requiring local governments [...]