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Shenhua lifts coal prices despite headwinds; peers to follow suit

With the annual negotiation over medium and long-term coal supply contract between coal plants and power plants pending, Shenhua Group raised seaborne-traded steam coal prices by another CNY

12-3-2014 11:50:16

01 December 2014 - Mitsui will take part to 12 gas-fired projects in Thailand (1.5 GW)

Japanese industrial group Mitsui has reached an agreement with Gulf Energy Development (GED) on the joint development of twelve gas-fired CHP plants in Thailand.

12-2-2014 13:48:56

Oil hits five year low, emerging stocks hammered

Oil hits five-year low, leads commodities rout Rouble, ringgit among emerging FX hurt by oil Europe shares fall, hit by oil firms, miners Moody's cuts Japan's credit rating

12-2-2014 09:04:42

01 December 2014 - Pakistan negotiates with Qatar on LNG supply as of 2015

Pakistan is holding talks with Qatar to start LNG imports from the Emirate as early as 2015. The first LNG regasification terminal of the country, a 5.1 bcm/year

12-2-2014 08:59:54

28 November 2014 - OPEC and Russia likely to maintain oil output level despite price fall

OPEC members have met to discuss crude oil production levels as oil prices have plummeted and reached a four-year low since September 2010, at US$75.75/bbl for Brent. The bulk of OPEC countr

12-1-2014 12:33:34

Main refineries decrease overhauls, processing volume to edge up in December

In November 2014, crude oil processing volume of PetroChina and Sinopec totaled 32,040,000 mt. The daily processing load jumped 2.34% year on year.

11-26-2014 18:02:27

Low benzene price due to weak demand

Benzene was sold at $1,000/mt in oversea market, CNY500/mt higher than domestic sources. Currently, the inventory was moderate. The main factor restricting the price to rebound lied in weak

11-26-2014 14:46:27

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