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S-E.Asia

S-E.Asia
2016, March, 3, 19:15:00
INDIA'S & IRANIAN OIL UP 20%
Iran is working to regain market share after sanctions relief and exports had already risen by 500,000 bpd in February, Mohsen Ghamsari, director of international affairs at National Iranian Oil Co (NIOC), told Reuters on Tuesday.
S-E.Asia
2016, March, 3, 18:50:00
PETRONAS CUTS $12 BLN, 1,000 JOBS
Malaysia’s state-run Petronas plans to reduce capital and operating expenditures by $12 billion over the next 3 years, starting with $3.6-4.8 billion in 2016. The move comes with a companywide reorganization that will result in about 1,000 redundancies.
S-E.Asia
2016, February, 25, 18:45:00
ASIAN OIL UPHEAVAL
China and India's combined share of world oil consumption has tripled since 1990 to over 16 percent, nearing the U.S. share of roughly 20 percent, cementing their status as the main center of global demand growth.
S-E.Asia
2016, February, 20, 20:55:00
ASIAN LNG DOWN 5%
Total imports of liquefied natural gas (LNG) by Japan, South Korea, and China, the three largest global LNG importers, all located in North Asia, declined by an average of 1.0 billion cubic feet per day (Bcf/d) (5%) in 2015.
S-E.Asia
2016, February, 20, 20:50:00
THE HIGHEST INDIAN OIL
India's oil imports from Saudi Arabia and Iraq hit the highest in more than a decade last month as OPEC's top producers gained at the expense of Latin American crudes, a validation of the OPEC policy of maintaining output and fighting for market share.
S-E.Asia
2016, January, 28, 19:00:00
CHINA'S DEMAND WILL UP 4.3%
China's oil demand will grow 4.3 percent this year to surpass 11 million barrels per day, compared to 4.8 percent growth last year.
S-E.Asia
2016, January, 28, 18:55:00
CHINA & CHEVRON GAS
The Chuandongbei Project covers over 800 square kilometers in Sichuan Province and the Chongqing Municipality. Unocal East China Sea, Ltd. holds a 49 percent participating interest as the operator andChina National Petroleum Corporation holds a 51 participating percent interest.
S-E.Asia
2016, January, 28, 18:50:00
2016: ASIAN MARKET TROUBLE
With China's economy growing at its slowest pace in a generation and Asia's trading powerhouses Japan and South Korea struggling to create growth, Asian fuel oil demand for container ships should stagnate in 2016, putting more pressure on a market that struggled last year.
S-E.Asia
2016, January, 15, 19:50:00
CHINA'S OIL & GAS DEMAND WILL UP
Natural gas demand is expected to rise to 199 billion cubic meters in 2016, Zhu Fang, head of market information department at the China Petroleum and Chemical Industry Association told Reuters after a media briefing by the association on Tuesday in Beijing.
S-E.Asia
2016, January, 10, 18:20:00
CHINA WILL GROW SLOWLY
"We are certain the Chinese economy will grow only slowly and that the yuan will depreciate in 2016," said a senior trader with a Shanghai-based fund. "The biggest uncertainty we have is how much the yuan will depreciate, which could revalue metals in China and affect our bets."
S-E.Asia
2016, January, 7, 20:35:00
CHINA'S UNDERGROUND
Underground sites are slated to hold about 130 million barrels, which would account for nearly a quarter of the 550 million-barrel SPR target set by Beijing for 2020, according to local media and analysts.