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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

December 03, 2014

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.

December 02, 2014

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

December 02, 2014

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

December 02, 2014

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

December 01, 2014

Upcoming Ninth Consecutive Fall in Domestic Gasoline & Diesel Market

The eighth consecutive fall came just as predicted on November 15th. Last week, domestic oil product market was filled with negative sentiment as prices of both gasoline and diesel all maint

November 21, 2014

Mao Jiaxiang: China's oil product demand growth to slow after 2020

China's demand for oil products will falter after 2020 and its crude oil demand is to reach a peak of 700 million mt around 2030, Mao Jiaxiang, the deputy director of the Sinopec Economic Te

November 20, 2014

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