(EnergyAsia, February 29, 2024, Thursday) — Chinese state firm Sinopec is becoming Sri Lanka’s most important investor as it plans to add a US$4.5-billion oil refinery to its growing portfolio in the South Asian nation.
INDIA: The rise of the world’s next global oil player
(EnergyAsia, February 26, 2024, Monday) — India has emerged as a global oil trading and supply hub. Add to that its position as the world’s fastest-growing major oil consumer, it now has a pivotal role in the global energy markets….
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PAKISTAN: Saudi Aramco eyeing bigger downstream investment, including oil refining
(EnergyAsia, February 21, 2024, Wednesday) — Saudi Arabia’s energy giant Aramco is laying the foundation for business expansion in Pakistan with its planned acquisition of a 40% stake in a local downstream fuels, lubricants and convenience stores firm….
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CHINA: Economy to grow at slower rate in 2024, oil risk is contained say analysts
(EnergyAsia, February 11, 2024, Sunday) — Analysts expect China’s economy to grow at a slower rate in 2024 after expanding by 5% last year….
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MARKETS: Oil steady as Middle East wars escalate, but for how long?
(EnergyAsia, February 5, 2024, Monday) — Oil continues to confound with another out-of-sync laidback response to the widening escalation of conflict in the Middle East….
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