EGYPT: Mashreq Petroleum to build and operate oil storage hub in Suez Canal
(EnergyAsia, May 23 2013, Thursday) — Citadel Capital, an Egypt-based leading investment company in Africa and the Middle East, said [...]
MARKETS: EIA reduced forecasts for world oil demand and production in 2013 and 2014
(EnergyAsia, May 23 2013, Thursday) — The US Energy Information Administration (EIA) has slashed its forecasts for global oil demand [...]
RUSSIA: Rosneft building on ExxonMobil and Marubeni deals to play global LNG role
(EnergyAsia, May 22 2013, Wednesday) — Russian upstream company Rosneft will build on two major agreements with ExxonMobil and Japanese [...]
MARKETS: IEA sees global oil demand to grow by annual average 1.22 million b/d from 2013 to 2017
(EnergyAsia, May 22 2013, Wednesday) — The world’s oil demand will grow by a total of 6.1 million b/d between [...]
MARKETS: OPEC expects non-OPEC production to rise by 980,000 b/d in 2013, global oil demand to grow 790,000 b/d
(EnergyAsia, May 22 2013, Wednesday) — Boosted largely by North America’s surge, oil production outside of the Organisation of Petroleum [...]
CHINA: IEA predicts addition of 245 million barrels of oil storage capacity
(EnergyAsia, May 21 2013, Tuesday) — China is expected to add 245 million barrels of new capacity to its strategic [...]
MALAYSIA: Petronas Gas to invest RM8.1 billion to expand Malacca LNG plant
(EnergyAsia, May 21 2013, Tuesday) — Malaysia, the world’s second largest liquefied natural gas (LNG) exporter, has allocated RM8.1 billion [...]
CHINA: Sinopec’s Hong Kong units raised HK$13.9 billion in IPO and HK$2.68 billion in new share sale
(EnergyAsia, May 21 2013, Tuesday) — Sinopec Engineering, a unit of China’s largest oil refiner, raised HK$13.944 billion or nearly [...]
JAPAN: Cheaper LNG supplies from two US projects as early as 2017 following Department of Energy export approval
(EnergyAsia, May 20 2013, Monday) — Japan could be importing lower cost liquefied natural gas (LNG) from the US as [...]
CHINA: CNPC starts construction of 817-km link as part of Third West-East gas pipeline
(EnergyAsia, May 20 2013, Monday) — China National Petroleum Corp (CNPC) will expand the capacity of its Third West-East gas [...]
















