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S-E.Asia

S-E.Asia
2016, March, 22, 18:40:00

CHINA'S IMPORTS ROSE 20%

China's total oil imports rose about 20 percent on year to the highest ever on a daily basis in February, when near 10-year low global oil prices drove buying from a group of new importers and for state and commercial stockpiling.

S-E.Asia
2016, March, 22, 18:35:00

CNOOC & SHELL INVESTMENT

The project includes the ongoing construction of a new ethylene cracker and ethylene derivatives units, which will increase ethylene capacity by more than 1 million tonnes of per year, about double the current capacity. It will also include a styrene monomer and propylene oxide (SMPO) plant, which will be the largest such plant ever built in China.

S-E.Asia
2016, March, 19, 19:05:00

RUSSIAN - CHINESE TRANSACTION

OAO NOVATEK announced the closing of a transaction to sell a 9.9% equity stake in the Yamal LNG project (“Project”) to China’s Silk Road Fund (“SRF”) for a payment amounting to EUR 1,087 million.

S-E.Asia
2016, March, 19, 18:55:00

CHINA INCREASED BY 50%

The Central Government of the People's Republic of China (PRC), as part of the country's 13th Five-Year Plan, has implemented a 50% increase, from $0.87 per thousand cubic feet (Mcf) to $1.31/Mcf, in the level of cash subsidy to be paid per Mcf paid for coalbed methane (CBM) produced, according to Green Dragon Gas Ltd., one of the largest independent companies involved in the production and sale of CBM gas in China.

S-E.Asia
2016, March, 17, 19:20:00

RUSSIAN OIL UP

Exploiting its proximity to northern Asia and the collapse of the rouble against the U.S. dollar, Russia has become the fastest growing oil supplier to Asia at a time when Middle East exporters are distracted by internal strife and competition from U.S. shale producers.

S-E.Asia
2016, March, 17, 19:05:00

UNIQUE INTERNATIONAL CONSORTIUM

Rosneft, Oil India, Indian Oil and Bharat Petroresources signed a Heads of agreement in respect to the acquisition by a group of Indian investors of a 23,9% share in Vankroneft. The document envisages the possible execution of legally binding documents with regard to the sale and purchase transaction.

S-E.Asia
2016, March, 17, 19:00:00

ROSNEFT SELLS STAKES

Rosneft said on Wednesday it had signed a binding agreement to sell a 29.9 per cent interest in its Taas-Yuriakh subsidiary, which operates one of the largest oil and gasfields in eastern Siberia, to a consortium of three Indian companies: Oil India, Indian Oil and Bharat Petroresources.

S-E.Asia
2016, March, 15, 19:25:00

СОТРУДНИЧЕСТВО КИТАЯ И РОССИИ

Рост поставок сырой нефти из России в Китай составил 17,5 % по сравнению с аналогичным периодом 2014 г. Всего в 2015 г. в КНР поставлено 26,68 млн тонн нефти.

S-E.Asia
2016, March, 12, 11:10:00

$40 BLN FOR INDIA

Government said on Thursday it hoped to unlock gas and oil resources worth almost $40 billion by simplifying licensing rules and offering price incentives to recover gas from difficult offshore fields.

S-E.Asia
2016, March, 4, 19:50:00

CHINA'S LOAN FOR GAZPROM

Gazprom and Bank of China Limited, London Branch entered today in Shanghai into a five-year EUR 2 billion loan facility agreement.

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U.S. (163)
CHINA (155)
PRICES (116)
LNG (106)
OPEC (103)