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S-E.Asia

S-E.Asia
2018, April, 2, 09:10:00

INDIA'S OIL INVESTMENT: $22 BLN

REUTERS - Indian Oil Corp plans to invest 1.43 trillion rupees ($22 billion) in next five years as the country’s top refiner seeks to raise its annual capacity to about 3.2 million barrels per day by 2030,

S-E.Asia
2018, March, 30, 11:10:00

PETRONAS - ARAMCO COLLABORATION

SAUDI ARAMCO - Petroliam Nasional Berhad (PETRONAS), the national oil company of Malaysia, and Saudi Aramco, the national oil company of Saudi Arabia, are pleased to announce the formation of two joint ventures for the Refinery and Petrochemical Integrated Development (RAPID) project.

S-E.Asia
2018, March, 28, 11:05:00

SAUDIS OIL FOR CHINA: +20%

PLATTS - China's crude oil imports from Saudi Arabia in February rose 19.5% month on month to 1.21 million b/d, or 4.64 million mt, making it the second-largest supplier, data released by the General Administration of Customs on Tuesday showed.

S-E.Asia
2018, March, 28, 11:00:00

CHINA - PHILIPPINES COOPERATION

OGJ - The governments of China and the Philippines say they’re moving toward cooperative offshore oil and gas exploration.

S-E.Asia
2018, March, 28, 10:35:00

UAE - S.KOREA'S NUCLEAR

WNN - President Moon Jae-in of South Korea and Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan attended a ceremony to celebrate the completion of construction at the United Arab Emirates' first nuclear power reactor.

S-E.Asia
2018, March, 26, 07:45:00

SINOPEC INVESTMENT WILL UP

REUTERS - In a statement to the Shanghai Stock Exchange, Sinopec said it had allocated 117 billion yuan of capital expenditure for 2018, up from an actual spend of 99.38 billion yuan last year. That includes a 55 percent hike in upstream spending to 48.5 billion yuan, as China’s biggest refiner looks to make the most of a rally in oil prices since early February to over $70 a barrel.

S-E.Asia
2018, March, 26, 07:40:00

SINOPEC NET PROFIT RMB1.130 BLN

SINOPEC - For the year 2017, the Company’s revenue was RMB36.209 billion, its net profit was RMB1.130 billion; asset-liability ratios remained low and cash flow performance remained strong. The Board recommended a final dividend of RMB0.144 per Share for the year 2017. After taking into account the interim dividend of RMB0.056 per Share, the total dividend for the year will be RMB0.200 per Share, the annual payout ratio is 79%.

S-E.Asia
2018, March, 23, 08:10:00

ASIA NEEDS NUCLEAR

WNN - Asia needs nuclear energy to meet its economic, energy and environmental goals, but such plans are still in the development phase in the South East region of the continent, Agneta Rising, director general of World Nuclear Association, said.

S-E.Asia
2018, March, 23, 08:00:00

ADNOC - CNPC AGREEMENT: $1.175 BLN

AOG - China National Petroleum Corporation (CNPC), the world’s third largest oil company, has been awarded stakes in two of Abu Dhabi’s offshore concession areas following the signing of agreements with Abu Dhabi National Oil Company (ADNOC).

S-E.Asia
2018, March, 14, 11:25:00

RUSSIA - CHINA NUCLEAR INVESTMENT

WNN - Russia has opened its uranium mining industry to foreign investment with an agreement signed yesterday between the Russia-China Investment Fund for Regional Development (RCIF), ARMZ Uranium Holding, and Priargunsky Industrial Industrial Mining and Chemical Union (PIMCU). ARMZ and PIMCU are subsidiaries of Russian state nuclear corporation Rosatom.

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