subject: Natural gas and Oil firms expanding their future ventures [print this page] Natural gas and Oil firms expanding their future ventures
China has a great zeal to enhance its energy resources and to tight its security on the energy supply, currently Tehran is showing more interests and has become a reliable partner for Beijing. The oil produced from the Iran is like a golden apple for the two largest economic countries in the world such as the China and the United States and there is tough competition between them. In the recent times the China is being charged by the United States, that the companies in China are disobeying the grants against the Iran and the main problem is that, they are violating the international standards consistently. According to the reports declared by the experts and analysts, the European companies should not take part in the enhancement of the industries in the Iran this will lead to the loss in economy and the rivals will be gaining profit.
The Santos Limited declared that, it will start delivering the natural gas from its resources in the central Australia to the gas exporting venture at the Queensland state due to the shortage of the gas supply for the large project. Santos Limited has made a storming deal recently that, it will be supplying around 750 petajoules of natural gas to the LNG project at the Gladstone from the Cooper Basin in central Australia for around 15 years starting from 2014.Santos Limited and its partners Total S.A. and the Petroliam Nasional Bhd have planned to provide coal seam gas from the Southern parts of the Queensland to their lucrative natural gas venture sited at the Gladstone..
The recent listings of Oil wells for sale and Gas wells for sale available in Oil and natural gas . The Cooper Basin is considered as one the largest oil and gas hub in Australia but currently there is a decline for the oil and natural gas extracted from it due to the rigorous drilling for past many decades, but the Santos Limited has inserted advance drilling methods to extract great deal of oil and natural gas from this basin.
The Caterpillar Inc, one builder of heavy weight equipments has granted around $810 million for the Motoren-Werke Mannheim, one of the oldest and largest diesel engine and natural gas manufacturing company across the world.Doug Oberhelman, the chief executive officer of the Caterpillar declared that, the Motoren-Werke Mannheim is renowned for its product and the tri generation solutions produced by them can be used for operating good deal of natural gas, mine gas and bio gas fuels. The Motoren-Werke Mannheim will be closing it sales soon and it will manufacture heavy power generators for the Caterpillar Inc. and these generators will be deployed in the areas where there is power unavailability and in the areas experiencing power scarcity.
