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S-E.Asia

S-E.Asia
2016, March, 25, 19:35:00

INDIA & RUSSIA DEAL

India is replacing China as the center of the world’s oil demand growth as its economy expands faster than any other major country and Prime Minister Narendra Modi has made energy security a priority for the nation, which imports 80 percent of its oil requirements.

S-E.Asia
2016, March, 25, 19:30:00

INDIAN GASOLINE EXPORTS UP 3.8%

Gasoline production is set to grow in 2016 due to the commissioning of Indian Oil Corp.'s 2.9 million mt/year continuous catalytic reformer at its greenfield 15 million mt/year (300,000 b/d) Paradip refinery, and completion of Bharat Petroleum Corp. Ltd.'s gasoline capacity expansion at its Kochi refinery by 6 million mt/year to 15.5 million mt/year (310,000 b/d) sometime in May.

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

PETROCHINA PROFIT DOWN 70%

PetroChina Co Ltd on Wednesday said profit fell 70 percent last year as low prices brought down upstream earnings, eclipsing the impact of a jump in natural gas income brought about in part by pipeline consolidation.

S-E.Asia
2016, March, 22, 18:50:00

AUSTRALIAN LNG: TO JAPAN

The first export is a significant milestone for the Gorgon project, which has been hit by delays and a jump in costs since construction started, as it begins generating revenue for Chevron and its partners.

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.

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.

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OIL (928)
GAS (715)
RUSSIA (454)
GAZPROM (201)
ROSNEFT (165)
U.S. (163)
CHINA (155)
PRICES (116)
LNG (106)
OPEC (103)