Rupantarita Prakritik Gas Company, which is in charge of Bangladesh's LNG imports, had earlier cancelled two tenders for November and early December delivery, again citing high prices

On November 12, the surplus in daily volumes hit a record high of 25 per cent.

China had slashed the subsidy in 2020 from the previous year by around 30%

The solar capacity addition in India in the first quarter of 2020 was the lowest since 2016.

MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.71% on Monday,

“China will remain committed to openness and cooperation, and adhere to multilateralism and the principle of extensive consultation, joint contribution and shared benefits.”

Saudi Arabia was catching up with Russia which has exported about 1.7 million bpd of oil to China so far in 2020, with Iraq at a third place with about 1.2 million bpd.

Australian gas exporters argue that their projects are not contingent on Chinese buyers in a growing Asian market.

The Vietnamese oil and gas company PetroVietnam (PVN) has started producing gas from the Sao Vang-Dai Nguyet field off the country’s southern coast.

South Korean refiners have sharply increased intakes of Middle East crude since May as they started to reduce imports of US grades due to expensive WTI compared with Dubai-linked Persian Gulf grades.

RCEP covers 30% of the global economy and 30% of the global population, joining for the first time Asian powers China, Japan and South Korea. It aims in coming years to progressively lower tariffs across many areas.

The natural gas produced in October was 11.6% higher from September and up 11.9% from a year ago, data released Nov. 16 by the National Bureau of Statistics showed.

MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.17% on Tuesday, a day after hitting its highest level since launching in 1987.

The pressure on Energy Solution Providers has been building for quite some time. Instead of backing coal, new finance is getting behind renewable energy and putting shareholder pressure on forcing decisions on those still involved in the fossil fuel areas.

The government will spend 1.2 trillion rupees ($16.1 billion) on the latest stimulus program in addition to the 1.45 trillion rupees announced on Wednesday,