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2019-02-20 11:25:00

SOUTHEAST ASIA'S INVESTMENT $1.2 TLN

SOUTHEAST ASIA'S INVESTMENT $1.2 TLN

THE ASEAN POSTSoutheast Asia is a growing region with countries here averaging growth rates of 5.1 percent. This situation has rightly prompted a rise in energy demand within the region. Between 2000 and 2016, economic growth in the region spurred a 70 percent increase in primary energy demand. To that end, governments in Southeast Asia have implemented a host of policies to ensure energy demand is met.

On a regional scale, the ASEAN Power Grid (APG) slated to span the length and breadth of the 10-member…

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Tags: SOUTHEAST, ASIA, INVESTMENT, ENERGY, ELECTRICITY

Chronicle:

SOUTHEAST ASIA'S INVESTMENT $1.2 TLN
2019, March, 22, 10:20:00

U.S. OIL INVENTORIES DOWN 9.6 MB

US crude oil inventories for the week ended Mar. 15, excluding the Strategic Petroleum Reserve, decreased 9.6 million bbl from the previous week, data from the US Energy Information Administration showed.

SOUTHEAST ASIA'S INVESTMENT $1.2 TLN
2019, March, 22, 10:15:00

SAUDI'S OIL WILL DOWN

Saudi Arabia will supply its clients with significantly less oil than they requested in April, extending deeper-than-agreed oil production cuts into a second month, a Saudi official familiar with the policy said.

SOUTHEAST ASIA'S INVESTMENT $1.2 TLN
2019, March, 22, 10:10:00

BRITAIN NEED INVESTMENT $265 BLN

Oil & Gas UK estimates exploration and production companies would have to spend about $265 billion between 2019-35 to realize industry’s expectations outlined in Vision 2035 on the UK Continental Shelf (UKCS).

SOUTHEAST ASIA'S INVESTMENT $1.2 TLN
2019, March, 22, 10:05:00

U.S. FEDERAL FUNDS RATE 2.25-2.5%

U.S. FRB - Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent.

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