INDIA: Energy security to weaken as OPEC predicts more than doubling of oil demand by 2040

(EnergyAsia, November 27, 2019, Wednesday) — India is unlikely to resolve its energy supply challenge for at least another 20 years, judging by the latest oil forecast issued by the Organisation of Petroleum Exporting Countries (OPEC)….

This article is for Subscriber members only.
Log In Register

CENTRAL ASIA: Oil-and-gas importing economies to grow at faster rate than exporters, says IMF

(EnergyAsia, November 17, 2019, Sunday) — For the first time this century, the economies of the oil-and-gas importing nations of the Caucasus and Central Asia (CCA) region will grow at a faster rate than those of its energy exporters, predicts the International Monetary Fund (IMF)….

This article is for Subscriber members only.
Log In Register

CENTRAL ASIA: Regional bloc maps out energy strategy, says ADB

(EnergyAsia, November 16, 2019, Saturday) — Ministers from 11 member countries in a Central Asia group have endorsed a long-term strategy to improve the region’s energy security as part of a bigger goal to boost its investment potential and economic outlook….

This article is for Subscriber members only.
Log In Register

BRUNEI: China’s Hengyi Petrochemical starts up Asia’s newest refinery-petrochemical complex

(EnergyAsia, November 7, 2019, Thursday) — China’s Hengyi Petrochemical Co Ltd said it has started commercial operations at its joint-venture integrated oil-petrochemical complex in the Southeast Asian state of Brunei….

This article is for Subscriber members only.
Log In Register

CHINA: Superpower ambition faces energy, water supply constraints

(EnergyAsia, October 16, 2019, Wednesday) — In its drive to become the world’s leading superpower (1), China has set its sights on developing and controlling artificial intelligence, 5G networks and robotics. But a confluence of recent events warns that China likely faces its most pressing challenges in the less glamorous business of securing oil, gas…

This article is for Subscriber members only.
Log In Register

CHINA: Canada’s breakthrough LNG deal

(EnergyAsia, August 13, 2019, Tuesday) — British Columbia (BC)’s emerging liquefied natural gas (LNG) industry may have just shone a small light into the long dark tunnel enveloping the bilateral relations between Canada and China….

This article is for Subscriber members only.
Log In Register

ASIA: Singapore expected to remain region’s main oil pricing and trading hub, says Platts editor

(EnergyAsia, June 21, 2019, Friday) — Singapore will likely remain Asia’s main oil trading hub despite a growing challenge from countries in the region as they expand their domestic storage and refining investments, according to an industry analyst….

This article is for Subscriber members only.
Log In Register

PHILIPPINES: Work on strategic oil stockpile likely to proceed slowly

(EnergyAsia, June 18 2019, Tuesday) — It’s been over a year since the Philippines government announced its latest intention to establish a strategic petroleum reserves (SPR) to help the country cope with volatile prices and the possibility of future supply disruptions….

This article is for Subscriber members only.
Log In Register

AUSTRALIA: Government report defends lack of urgency in oil stockbuilding

(EnergyAsia, June 10 2019, Monday) — Australia is in no hurry to build up its liquid fuels stockpile nor does it see the need to expand the country’s inadequate oil refining capacity despite nagging worries of a supply shock if imports are disrupted….

This article is for Subscriber members only.
Log In Register

INDIA: Talks with Saudi Arabia and Abu Dhabi for refinery, storage deals continue at snail’s pace

(EnergyAsia, June 3 2019, Monday) — India’s hopes of securing multi-billion-dollar investments in downstream oil refinery and storage projects from Saudi Arabia and Abu Dhabi remain stuck in slow-traffic negotiations….

This article is for Subscriber members only.
Log In Register

AUSTRALIA: Fossil fuels industry boosted by re-election of Scott Morrison as prime minister

(EnergyAsia, May 29, 2019, Wednesday) — Australia’s fossil fuels industry heaved a collective sigh of relief following the surprise re-election of the climate skeptic and political conservative Scott Morrison as prime minister in the country’s recently concluded general election….

This article is for Subscriber members only.
Log In Register

CHINA: Oil demand growth underestimated by IEA and other agencies, says analyst

(EnergyAsia, May 26, 2019, Sunday) — Oil prices will find support from China for the rest of 2019 if analyst Laban Yu is proved correct that the country’s oil demand growth is much stronger than estimated by the world’s leading energy agencies….

This article is for Subscriber members only.
Log In Register