Category: Asia

Shell plans Russian expansion with Putin support

Shell CEO Ben van Beurden won a promise of support for the plan from President Vladimir Putin at a meeting at the Russian leader’s residence.  More »

Putin expected to sign China gas deal as crisis forces hand

Vladimir Putin is more likely to sign a 30-year deal to supply pipeline gas to China next month after more than a decade of false starts because the crisis in Ukraine is forcingRussia to look for markets outside Europe.  More »

Moody’s: New Chinese plants could hamper global refining earnings

Cheap natural gas and oil supplies will give Gulf Coast refiners an edge in global markets, but over the next two years new plants coming online in China and the Middle East are poised to dampen worldwide demand for refined products like gasoline, according to a report released Monday.  More »

Total plans to drill for shale gas with Sinopec in China

Total SA plans to seek shale gas with China Petroleum & Chemical Corp. by drilling in Anhui province, moving the third-largest European oil company closer to exploiting Chinese reserves that are the world’s biggest. Total and Sinopec, as the Chinese refiner is known, will search for gas in the 4,000 square-kilometer (1,500 square mile) Xuancheng […]  More »

Energy tie to Malaysian jet mystery? (video)

Did an oil rig worker see the Malaysian jet going down?  More »

Oil drops to below $98 on China economy

China’s drop in exports in February fueled worries of a further slowdown in the world’s second-largest economy.  More »

Oil falls to near $101 on China data

China’s customs data showed over the weekend that exports plunged by an unexpectedly large 18 percent last month.  More »

International investment tough even as Asian growth surges

Electricity demand is surging in India, Vietnam, sub-Saharan Africa and other developing economies where growing populations are starving for power generation, but U.S. public utilities still remember the hard lesson of the 1990s: The need for energy isn’t enough to an make international investment viable, energy executives said Thursday.  More »

Freeport LNG gets $1.2B in equity from Japanese utilities

Freeport LNG, which plans to build a major natural gas and liquefaction facility, signed an agreement that provides the final piece of equity it needs for the initial phase of its plans.  More »

Solar set for record global expansion in 2014, led by China

Solar developers around the world will install record capacity this year as a thriving Chinese market drives growth.  More »

China would use coal plant to power Jamaica port

A Chinese company wants to build its own coal-fired plant in southern Jamaica to generate the power needed for a hoped-for $1.5 billion port that the Caribbean island envisions as helping transform its chronically sluggish economy.  More »

China narrows gap to US in renewable-energy ranking

China closed in on the U.S. at the top of a renewable-energy ranking by consultants EY after installing record solar-power capacity last year.  More »
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