S-E.Asia
2019, October, 2, 12:05:00
U.S. RUSSIA, CHINA SANCTIONS
Treasury imposed sanctions on Moscow-based Maritime Assistance LLC, which it called a front company for Russian shipping company, Sovfracht, which has been subject to US sanctions since September 2016 for operating in Crimea. Russia annexed Crimea from Ukraine in March 2014, a move which is not recognized by most of the international community.
2019, October, 2, 11:50:00
U.S. OIL, GAS FOR INDIA
India's annual trade surplus with the US has averaged about $20 billion in the past four years. The US this year has withdrawn preferential treatment on some Indian exports to the US, stepping up the pressure on New Delhi, while arguing that India has not provided equitable and reasonable access to its markets.
2019, October, 2, 11:40:00
U.S., CHINA LNG INVESTMENT: $3.59 BLN
Parent company Sempra Energy also announced an agreement to sell an 83.6% stake in the Peruvian Luz del Sur for $3.59 billion in cash to China Yangtze Power International, or CYP, a subsidiary of CTG, a company statement showed.
2019, October, 2, 11:15:00
RUSSIA'S NUCLEAR FOR BANGLADESH
Rosatom in February 2011 signed an agreement for two 1000 MWe-class reactors to be built at Rooppur for the Bangladesh Atomic Energy Commission. The initial contract for the project, worth USD12.65 billion, was signed in December 2015. The Bangladesh Atomic Energy Regulatory Authority issued the first site licence for the Rooppur plant in June 2016, allowing preliminary site works, including geological surveys, to begin.
2019, September, 27, 13:20:00
LNG FOR S.KOREA: $9.6 BLN
South Korea’s state-run Korea Gas Corp. signed a deal to import an additional US$9.6 billion worth of liquefied natural gas (LNG) from the United States for up to 18 years, in line with efforts to expand ties with the world’s top economy in the energy segment, Seoul’s trade ministry said
2019, September, 26, 13:40:00
U.S., CHINA SANCTIONS
Analysts have said the Trump administration remains unlikely to sanction a major Chinese entity, even as imports of Iranian crude continue, due to the impact on the global economy if the trade dispute between the two nations drags on.
2019, September, 26, 13:35:00
INDIA NEED INVESTMENT
Prime Minister Narendra Modi urged global businesses to “come to India” as his government seeks to build a $5 trillion economy by 2025.
2019, September, 26, 13:30:00
COAL FOR INDIA UP 28%
Indian power utilities imported 28.70 million mt of thermal coal over April-August, up 28% from the same period a year ago
2019, September, 26, 13:20:00
JAPAN'S LNG INVESTMENT $10 BLN
“On top of Japan’s commitment two years ago of investing or financing more than $10 billion in energy supply chains, we are making a fresh commitment of additional and collective $10 billion funding from both public and private sectors,” said Isshu Sugawara, Minister of Economy, Trade and Industry (METI)
2019, September, 25, 15:05:00
WORLD ENERGY CONSUMPTION WILL UP BY 50%
the U.S. Energy Information Administration (EIA) projects that world energy consumption will grow by nearly 50% between 2018 and 2050. Most of this growth comes from countries that are not in the Organization for Economic Cooperation and Development (OECD), and this growth is focused in regions where strong economic growth is driving demand, particularly in Asia.
2019, September, 25, 14:35:00
KOGAS, BP LNG AGREEMENT
The volumes under the deal announced Tuesday, which calls for Kogas to buy 1.58 million mt/year of LNG from BP for 15 years starting from 2025, will be sourced from BP's commitments at Freeport LNG in Texas or Venture Global's Cacasieu Pass terminal in Louisiana,
2019, September, 24, 17:50:00
INDIA'S INVESTMENT TO U.S. LNG $2.5 BLN
Petronet LNG Ltd, India's biggest liquefied natural gas importer, has signed a preliminary deal to buy a stake in Tellurian Inc's proposed Driftwood project in Louisiana and import 5 million tonnes a year of LNG.
2019, September, 23, 13:45:00
ROSNEFT INVESTMENT FOR INDIA
Минприроды России произвело оценку запасов полезных ископаемых в натуральном и стоимостном измерениях по итогам 2018 года и их изменений относительно результатов оценки по итогам 2017 года.
2019, September, 20, 15:25:00
WBG: INNOVATIVE CHINA
China needs to foster new drivers of growth to address productivity challenges, intensify reforms and promote greater innovation in the economy, according to a new report jointly released by China’s Development Research Center of the State Council (DRC), China’s Ministry of Finance and the World Bank Group (WBG).
2019, September, 20, 15:00:00
PETRONAS PROFIT UP 9% ANEW
Petronas Profit After Tax (PAT) rose 9.0 per cent to RM28.9 billion, from RM26.6 billion in the corresponding period last year. The improved results were delivered on the back of higher revenue, but the increase was partially offset by higher product costs.