INDIA: Former Prime Minister Manmohan Singh and five others charged over alleged role in coal scandal

(EnergyAsia, March 12 2015, Thursday) — The Indian government’s attempt to solve the country’s decade-long energy crisis took an unexpected twist yesterday with the arrest of its powerful former Prime Minister Manmohan Singh and some his allies to face charges of corruption and criminal conspiracy related to the alleged illegal sales and allocations of the […]

Continue Reading 0

SHIPPING: Piracy, accidents and terrorism threaten Southeast Asia’s energy trade

(EnergyAsia, March 11 2015, Wednesday) — Piracy, maritime accidents and potential terrorist acts are adding to the cost of moving and distributing oil and gas cargoes and general merchandise in Southeast Asia at a time of rising traffic through the increasingly congested Straits of Malacca and the Singapore Straits, said industry officials and analysts.   […]

Continue Reading 0

MARKETS: IEA dampens expectations for major oil price rise as supply growth slows from mid-2015

(EnergyAsia, February 26 2015, Thursday) — Forget about oil prices overshooting to the upside and making a strong recovery even as the growth in global oil supply slows sharply from mid-year, predicts the International Energy Agency (IEA). With the drastically changed market conditions, the agency said it expects the crude oil price to average US$55 […]

Continue Reading 0

Developed by Bowtie