(EnergyAsia, May 27 2017, Saturday) — Myanmar has started up its largest and Asia’s newest oil terminal to import fuels to meet the country’s growing energy demand….
(EnergyAsia, May 1 2017, Monday) — China’s HNA Innovation Finance Group Ltd is preparing to expand into the global oil storage industry when it completes the establishment of a new joint-venture firm with Swiss-based commodities trader Glencore….
(EnergyAsia, April 23 2017, Sunday) — Its once high-flying economies battered by two years of contraction, Central Asia is now waking to the growing threats of political instability, homegrown terrorism, and increased superpower manouvering in its backyard….
(EnergyAsia, April 17 2017, Monday) — China will remain a growing market for oil and natural gas exports from Kazakhstan with the recent launch of new links connecting the two countries….
(EnergyAsia, April 14 2017, Friday) — Proponents of an 1,800-km pipeline to deliver natural gas from Turkmenistan to Afghanistan, Pakistan and India remain hopeful the project will be built despite running up against a continuous tide of political, financial and security challenges….
(EnergyAsia, April 3, 2017, Monday) — Central Asia’s weakening economic confidence has been further battered by reports that China has indefinitely delayed the planned expansion of a major pipeline network to import natural gas from the region….
(EnergyAsia, March 29, 2017, Wednesday) — Despite a near doubling in crude oil prices over the past year, the resources-dependent economies of Central Asia are nowhere near a full recovery and will continue to struggle in the near term, said the World Bank and Asian Development Bank (ADB)….
(EnergyAsia, March 28 2017, Tuesday) – US ratings agency Moody’s said Kazakhstan has been more resilient than Azerbaijan in adjusting to the collapse of oil prices since mid-2014….
(EnergyAsia, March 21 2017, Tuesday) — US ratings agency Fitch said Azerbaijan’s state oil company, SOCAR, faces the risk of a credit downgrade due to its continuing financial struggles….
(EnergyAsia, March 17 2017, Friday) — Kazakhstan’s economy will continue to recover with growth projected at 2.5% in 2017 to follow through last year’s 1% expansion and 2015’s 3.7% contraction, predicts the International Monetary Fund (IMF)….
(EnergyAsia, March 8, 2017, Wednesday) — Australia has been importing petroleum products at a rate faster than its oil companies have been shutting down refining capacity this decade, an analysis of official data has shown….
(EnergyAsia, March 3 2017, Friday) — Saudi Arabia has handed Malaysia a major diplomatic and economic prize by agreeing to pump in a total of US$7 billion in a US$27 billion oil refinery-petrochemical complex that had been struggling to attract investors….
(EnergyAsia, February 18, 2017, Saturday) — Is China’s US$10.5-trillion economy becoming less dependent on oil and smokestack industries?…
(EnergyAsia, February 13, 2017, Monday) — Helped by increased shipping traffic, Singapore said its sale of bunker fuel surged by nearly 7.7% to a record 48.61 million tonnes last year from 45.16 million tonnes in 2015….
(EnergyAsia, February 9, 2017, Thursday) — The Indian government plans to merge some or all of its 13 largest state-owned oil and gas companies with the objective of boosting the country’s long-term energy security….
(EnergyAsia, February 8, 2017, Wednesday) — Abu Dhabi, a member of the United Arab Emirates (UAE), will soon begin shipping some of its crude oil for stockpiling in India’s Mangalore strategic petroleum terminal on the western coastal state of Karnataka….
(EnergyAsia, February 7 2017, Tuesday) — The Indian government has announced plans to build two oil storage terminals with a combined 10-million-tonne capacity that will boost the national total to 15.33 million tonnes….
(EnergyAsia, November 24 2016, Thursday) — Curtis Island on Australia’s Queensland state has become the country’s main liquefied natural gas (LNG) hub with the full operation of six trains on its three export-oriented projects from last month….
(EnergyAsia, November 22 2016, Tuesday) — Canada will begin shipping liquefied natural gas (LNG) to Asia from its first dedicated export plant in 2020, according to Vancouver-based owner and operator Woodfibre LNG Limited….
(EnergyAsia, November 19 2016, Saturday) — Australia expects its earnings from liquefied natural gas (LNG) exports to surge by 41.1% to A$23.4 billion in the current fiscal year to June 30 2017, thanks to a combination of expanded plant capacity and higher prices….
(EnergyAsia, November 13 2016, Sunday) — Asia’s ‘Big Four’ economies of China, Japan, India and South Korea will continue to dominate the region’s liquefied natural markets (LNG) over the next 15 years, according to a recent study by the Oxford Institute for Energy Studies (OIES)….
(EnergyAsia, October 26 2016, Wednesday) — Asia’s crude oil demand and refinery throughput will grow at a slower rate through 2018 from 2015 and 2016, predicts US consultant ESAI Energy….
(EnergyAsia, October 26 2016, Wednesday) — Asia’s mostly energy-deficit economies are watching nervously as crude oil prices continue to defy bearish forecasts in recently reaching their highest levels in nearly a year….
(EnergyAsia, October 23 2016, Sunday) — Oil and gas explorers are losing their appetite for Australia with investment expenditure now at their lowest in over a decade, said the Department of Industry, Innovation and Science.
(EnergyAsia, October 21 2016, Friday) — Australia’s petroleum trade will remain a tale of two opposing trends for the rest of the current fiscal year ending June 30 2017: falling crude and condensate exports, and rising product imports….